In order to get a full-time MBA, your looking at about spending 1 to 2 years of your life attempting to get it. A part-time MBA can take up to three years and even and Accelerated MBA takes 12 to 18 months. We only have a finite amount of years in the world so spending this much time on a degree can be daunting. Not only that, one must consider the financial aspect of attaining an MBA. It will be a huge strain on your finances, but luckily there is an alternative.
A Mini-MBA is a great idea if you don’t want to spend a lot of time and money on attaining a degree. With a mini-MBA, you can get the essentials through just hours of learning rather than years. While I realize it might not hold as much clout as an actual master of business administration, some people simply don’t have the time and money to be able to achieve this full degree. Especially those who are working-class and/or have children to take care of– among other reasons. By having these courses or programs available, a person can at least get the basics of an MBA to help them in any future business ideas they may have.
If I was given the chance, I would take a mini-MBA. I’d definitely suggest it to small business owners because it can be beneficial to their business in the long run. You’ll learn about topics such as accounting, managerial economics, and marketing (just to name a few) which I can imagine will help your small business grow. It may not help you if you’re looking to move up in the business world (such as CEO or something similar), but there are still many benefits.
Anyone wanting to start a business should seriously consider this.