Master in Essential Management (€6,500)

Discussion in 'Business and MBA degrees' started by TEKMAN, Jul 28, 2020.

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  1. TEKMAN

    TEKMAN Semper Fi!

    Mac Juli, nomaduser and chrisjm18 like this.
  2. nomaduser

    nomaduser Active Member

    Wow! this is cool. It lasts only 10-12 weeks??
    But it has a very funny title... 'Master's degree in Management Essentials' lol
     
  3. SteveFoerster

    SteveFoerster Resident Gadfly

    It's not a Master's degree in Management Essentials, it's a "Master in Management" Essentials certificate, so called because it's a teaser for actual Master's degree programs in Management offered by the three participating institutions. IE and ESMT will will offer a bit of advanced standing to those who complete this certificate and enter their actual Master's degree program, but Imperial will not.

    This, to me, is not worth $7,500. YMMV.
     
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  4. nomaduser

    nomaduser Active Member

    "Upon the successful completion of the programme, you’ll earn a certificate of completion from the 3 business schools: Imperial College Business School, IE Business School, and ESMT Berlin."

    Yeah.. you'll get a certificate, not a degree.
    6,500 GBP for a certificate is pretty expensive!

    And there's no specific awarding institution. It looks like a strange program.

    I think they can reduce its price down to 400 GBP. Then I'll think about buying it. :)
     
  5. Mac Juli

    Mac Juli Active Member

    Hello!


    Well, to sum it up as I understood it: you get something like a PG certificate with 18 ECTS from universities with a quite good reputation for €6500, which is approx. 360 Euro / ECTS. Seems expensive, so I'll pass.


    Best regards,
    Mac Juli
     
  6. Mac Juli

    Mac Juli Active Member

    Having re-read my own post, I would like to make sure that the OP understands that I think it is a *very* good finding and I would like it to see more such posts! No discouragement intended!! - It was, well, just too expensive.
     
  7. Johann

    Johann Well-Known Member

    I certainly encourage posting new finds - including this one. I do, however, want to voice a criticism of this particular program and the way in which it was presented by the school. The "master's certificate" and "MBA / DBA certificate/diploma" have long been a device used by some millish Euro / Brit schools which cannot award degrees. Instead, they issue degree-looking papers with spoofy titles to fool people. I know that's not what's happening here - but the optics are not good. I also object (weakly, though) to the micro/mini/nano degrees popularized by American schools - for a different reason: they are open to misuse by unscrupulous buyers, who may present the mini-degree as a full one.

    I don't, even for a moment, believe Imperial College or its partners are doing anything here that could be legally called wrong - it just looks far below their pay grades.
    This kind of wordplay makes it easy to make a mistake - even our knowledgeable member, Nomaduser, thought it was a degree program. "It costs like a degree - ergo it must be one."
    And yes - perhaps the high cost of the program reinforced that impression. Maybe they should call it an "Executive Certificate" - they sell for pretty good prices.
     
    Last edited: Jul 28, 2020
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  8. Maniac Craniac

    Maniac Craniac Moderator Staff Member

    Looks like a "Management" version of a mini-MBA certificate (mini-MBA is to MBA as Certificate in Master's in Management Essentials is to Master's in Management). Every one of those doohickeys has a weird name and sits in the no-man's-land of credential recognition.

    Nothing wrong with that, perse, but I echo Johann's statements above. If one wants it for the learning and the networking, then it's all well and good. If one wants it for a resume line, let's be kind and make sure we clearly indicate what it actually is. :emoji_thumbsup:
     
    Johann likes this.
  9. Johann

    Johann Well-Known Member

    Another thing about this one - I notice you get three certificates from three different schools. Hey, maybe one is actually a degree! NO IT ISN'T, Johann! ...Oh well, if not, then maybe one or two are in German - that'd be impressive! :) I think in this case - there's nothing wrong with getting three awards and it might make some prospective buyers more amenable to the high price. How many? I have no idea. Not me, anyway.

    Lot of double-and-triple credentialing going on, lately. When you get an award from at least one well-known, very good school (as here) such a program might be a great idea. If two or three iffy schools are in the habit of cross-validating each other - maybe not so. Two or three low-recognition or (even slightly) dubious credentials do NOT add up to one good one.

    Always ask yourself on such deals - why do I need 2 or 3 awards? If you think it's possibly because one, two or (shudder!) all three of the awards might be less than good - pass.
    That doesn't apply to this case, of course.
     
  10. Johann

    Johann Well-Known Member

    Here's a teeny bit of info on the other schools involved , here:

    "IE Business School is a graduate and undergraduate school of business located in Madrid, Spain. It was founded in 1973 under the name Instituto de Empresa and since 2009 is part of IE University."

    "The European School of Management and Technology, also known as ESMT Berlin, is a private non-profit business school based in Berlin, Germany. The business school was founded in 2002 by 25 global companies and institutions including Bosch, KPMG, Siemens and T-Mobile." (Both quotes from Wiki)

    Sounds good to me. Looks like three certs - three good schools. Still expensive though. But... 3 good certs like these and call it an Executive Program - it would fly easily. Probably will anyway, without my help or suggestions...

    "
     
    Last edited: Jul 28, 2020
  11. SteveFoerster

    SteveFoerster Resident Gadfly

    Neuhaus or Rich can tell me if this is wrong, but it seems like just putting these things with the names they actually have on a resume/CV would trigger positive hits when recruiters or hiring managers search by particular keywords. I wonder whether that's part of the point.
     
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  12. Johann

    Johann Well-Known Member

    Might indeed have this effect - but I don't perceive that much bang-for-the-buck. For this 8K or so you could likely surpass the impressive effect with more focused (less basic) made-in-America credential(s) from schools those managers would know.
     
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  13. Johann

    Johann Well-Known Member

    E.G. If you have a business degree - or background + degree, then what does an expensive cert that says "essentials" (i.e.basics) do for you? And if you lack degree and background - that "essentials" cert. (or six of them) isn't going to put you in the running. Something specific, like "...and here are my certificates in Python for Finance, Hadoop and R Bootcamp" might go over better.
     
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