Russian MBA and DBA. Total Tuition Below 10k

Discussion in 'Business and MBA degrees' started by asianphd, Apr 22, 2020.

  1. AsianStew

    AsianStew Active Member

    Yes they follow the EQF, "equivalent" is exactly as that, just like in any area within the European Union, they will be assessed or evaluated as equal.
    In short I will skip a few levels, the EQF is as follows: Level 5 = HND, Level 6 = Bachelors, Level 7 = Masters, Level 8 = Doctorate
    Mac Juli likes this.
  2. Mac Juli

    Mac Juli Well-Known Member

    Yes, it is - and it can usually be transferred to a Master's programme. They are called "Top-Up Programmes". You will find a lot if you do some research; if not and if it interests you, feel free to contact me.
    Additionally, I would like to point out I managed to transfer credits from a Level 7 Award I did to an MBA programme in Austria.

    However, if you want to do something similar, take care that these Level #whatever Diplomas are accreditated. Any Ofqual-regulated body should do.

    Best regards,
    Mac Juli
  3. RFValve

    RFValve Well-Known Member

    There are pros and cons with these Level 7 and level 8 qualifications. The main pro is that some (Not all) Universities honor them so you can upgrade to an MBA or DBA and decrease cost of education.

    The main con is that nobody knows what they are in the business world other than some people in the academic world. I have a level 7 qualification in Accounting that nobody wanted to recognize so I upgraded to a MSc in Accounting. The problem with this approach is that your MSc transcript only shows dissertation and you still have to deal with the problem that nobody knows what a level 7 diploma as the credits from the diploma dont show in the transcript.
  4. Mac Juli

    Mac Juli Well-Known Member

    OK...? I have had another impression - but maybe it depends from body to body? A CMI / ILM qualifications in leadership or management seemed to be rather well-known.
    Well, at least in the UK.
  5. RFValve

    RFValve Well-Known Member

    I guess my problem is that I live in Canada. Those diplomas might have market recognition in the UK or other parts of the world but not so much in Canada or the US. They are good to save money but need to be upgraded into a Masters so the prospect employer can recognize them.
  6. Mac Juli

    Mac Juli Well-Known Member

    I see. But well, we can easily agree on their potential to save a LOT of money...
  7. Lerner

    Lerner Well-Known Member

    Depends: Now Your Master's degree is at level 7 but you can have a certificate and it also can be level 7 but less credit so it's not a degree.

    The UK divided the qualifications into 3 categories.
    Award (level 1 to 8) up to 12 credits
    Certificate (Level 1 to 8) up to 36 credits
    Diploma (level 1 to 8) 36 credits and above.
    So having a Certificate level 7 is less credit than Diploma lev 7.

    One would need to check on the accredited regulated qualifications database for the amount of credit.

    CMI Level 7 strategic management & leadership qualification
    it's a 12-month program with 9 modules. It's an Ofqual accredited so in the US
    And CMI is the Royal Chartered Institution.

    The CMI Level 7 Qualification in Strategic Management and Leadership consists of 9 Units minimum of 66 credits.
    Mac Juli likes this.
  8. Stanislav

    Stanislav Well-Known Member

    Yes. This is the basis of ACCA/UofLondon route I took for my own Master's. I think RFValve did a similar thing, different society and University.
  9. RFValve

    RFValve Well-Known Member

    I completed a level 7 AIA diploma. ACCA is better than AIA but this last one gave me the most exemptions from my previous work and it looked easier than ACCA. With the AIA diploma then got an MS in Accounting and Finance became member of IFA that at least is recognized by IFAC, then I tried to complete the CPA route in Canada but it is just too many thousands of dollars and work to get the Canadian CPA. The Canadian CPA is just worth something if u complete the Auditing route but getting internship in Auditing is just a real pain. The degree I got is in Accounting and Finance so just took the finance route and left the CPA for good. It helped me to teach Risk Management and Compliance. Getting ACCA is better than AIA or IFA as it is easier to convert to a Canadian CPA (non audit).
    I tried to use the AIA diploma level 7 teach accounting or Finance but nobody recognized it in Canada, even CPA did not recognize it. I switched to IFA, with IFA I was given the equivalency by CPA of a BS in Accounting but I still was required to complete their own graduate diploma and complete experience requirements, of course thousands of dollars later.
  10. RFValve

    RFValve Well-Known Member

    My conclusion of the AIA level 7 diploma is that in the same UK, some schools recognized it while others didnt. At the international level even it is more difficult, even if my resume had (AIA level 7 diploma (Master's level)), people asked me why it is a masters degree if it is given by a professional association and not a University, it just sounds fishy and nobody believed me that it was a master's degree until I got a University to grant a MSc degree.
    There are hundreds of professional associations in the UK and employers are not going to bother about the whole UK accreditation level and what is accredited or not, basically if it is not a University that is recognized by the UK government, it has the same value as a Microsoft Certification or even less.

Share This Page