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Sunday, November 20, 2022

What is business school?

 1. Business school is more than just an MBA

A business school is an educational institution that teaches knowledge and skills related to management, business, and management. The definition of business school in Japan is broad. Business courses and practical seminars sponsored by sole proprietors are also categorized as business schools.


What is the difference between "professional graduate school" and "graduate school"?


Professional graduate schools were established in 2003 with the aim of cultivating highly skilled professionals who can play an active role in the international arena.

The School Education Act stipulates that ``Graduate schools that aim to teach and research academic theories and applications, and to cultivate the in-depth knowledge and outstanding abilities required to undertake occupations that require a high degree of expertise, will be a vocational graduate school.” (Article 99, Paragraph 2 of the School Education Act)

The difference from graduate schools is that they provide more "practical education", so research guidance and thesis review are not required, and more than 30% of the teachers are practitioners. It is characterized by being GLOBIS Graduate School of Management is accredited as a professional graduate school.



2. The definition of business school is different in Japan and overseas


Overseas, educational institutions that offer a Master of Business Administration (MBA) degree are generally called business schools. On the other hand, in Japan, there are not only graduate schools where you can systematically learn about management resources such as leadership, human resource management, management strategy, marketing, accounting, and finance and obtain an MBA degree, but also business knowledge. Business schools offer a wide variety of educational content, such as practical seminars for acquiring skills and know-how and preparatory schools for obtaining business-related qualifications, and the definition is extremely wide. Therefore, when searching for a "business school" in Japan, it is important to clarify as much as possible what you want to learn, not just the business school's course format, schedule, and completion period.


3. Classification of business schools in Japan


Business schools in Japan can be broadly divided into two types. One is "a business school classified as a graduate school of management (MBA program) where you systematically study business over several years", and the other is "a business school where you learn in a short period of time from one day to several months".


What is the Graduate School of Management (MBA Program)?


The Graduate School of Business Administration (MBA program) aims to acquire systematic knowledge and skills related to business and to develop leaders who will play an active role in society. A Master of Business Administration degree is also awarded upon completion of the required credits for completing the master's program.

When choosing a graduate school of business, it is necessary to make comparisons from a variety of perspectives, such as the fact that students usually attend for a long period of two years and invest millions in tuition fees. should be kept to a minimum. There are five categories: opening hours, course format, class format, faculty members, and educational content.

From the perspective of course opening hours, the Graduate School of Business Administration offers two types of courses: "Part-time MBA courses that are mainly held on weekday evenings or on Saturdays and Sundays so that working adults can commute while working" and "Weekday classes assuming commuting after taking a leave of absence or retiring from the company. It is divided into daytime classes (full-time MBA). There are also graduate schools of business administration that mainly divide a single class into 6 to 12 classes over a period of three months, and graduate schools of business administration that focus on two days on weekends only.

The format of the course can be divided into ``a format in which students commute to the campus (commuting type)'' and ``a format in which they can take classes via the Internet from home or on the go (online type)''.

The class format is a "lecture format that aims to provide knowledge as seen in traditional Japanese university lectures" and a "discussion format that emphasizes putting that knowledge into practice in business rather than inputting knowledge". There are two types of At business graduate schools in Japan, classes are offered in a mixture of these formats, but the ratio varies considerably depending on the graduate school.

There are cases where faculty members are “faculty specialists in academic research” and “practitioner faculty members with extensive business experience”. The ratio of the two differs depending on the graduate school of business. In addition, in discussion-style classes, teachers are required to have high facilitation skills, and there are many cases where there are differences in these skills between graduate schools.

The content of the education is divided into "a strong academic MBA, such as the requirement to write a dissertation" and "strongly practical MBA that emphasizes achievement in business".


4.Types of degrees


The degree (master's degree) obtained by completing a business school is generally an MBA (Master of Business Administration). The degree awarded by GLOBIS is also an MBA (Master of Business Administration). However, there are other programs such as MSc (Master of Science) and EMBA (Executive MBA). MSc is called Master of Science, and it is often used in natural science graduate schools, but it is sometimes written as MSc in business schools that specialize in a specific field, such as MSc in Finance. In contrast to MBA, which nurtures leaders who can play an active role in practical business, MScs are often academic-oriented graduate schools. EMBA is written as Executive, but it is not for the so-called executive (executive) class, especially in Europe and the United States, there is a tendency to choose EMBA after the 30s. However, the curriculum varies from school to school, and there is no clear definition difference between MBA and EMBA. On the other hand, EMBA also has 3-month and half-year programs, and although it is written as EMBA, whether or not a degree (master's degree) is issued, and the type differ depending on the school.

In addition, there are schools that are labeled as Specialized MBA, Global MBA, etc., but it is notation to express that it is an MBA that specializes in a specific field or that it is an MBA that is mainly taught in English, and the degree is an MBA. becomes. There is also something called a Pre MBA, but it is not a master's degree. It represents the pre-MBA stage, and in Japan it is called a single course student or non-degree student.



The advantage of obtaining an MBA is that you can systematically acquire management theory and frameworks, but that is not the only advantage.


``Problem finding ability and logical thinking ability necessary to think through with one's own mind without being bound by precedent'' ``Decision-making ability to deal with problems that may occur in business'' ``Building a diverse human network that allows for friendly rivalry'', etc. The benefits of an MBA are many and varied. In addition, according to the GLOBIS Graduate School of Management graduate career survey

, there is a high possibility that obtaining an MBA will lead to promotions and salary increases by efficiently improving work performance.


Learn more about MBA benefits here.


5.Business school that can be completed in a short period of time


It is divided into two types: "one-day complete course/seminar" and "continuous course/seminar over multiple days." In addition, you will be able to check the characteristics of each course/seminar by comparing business schools by combining the viewpoints of "course content" and "course format." In most cases, the content of the courses is limited to those that meet specific needs, and there are two types of courses: those that provide know-how and knowledge, and those that provide skill training that is assumed to be used in business. In addition, most of the courses are in the form of lectures in which the instructor unilaterally inputs information, but there are also those in the form of highly interactive discussions/workshops. Business schools, which can be completed in a short period of time, not only have a shorter study period, but also have the advantage of being cheap, ranging from free to several hundred thousand yen, compared to business schools.

On the other hand, many of the classes are focused on inputting knowledge in a lecture format, with the content only responding to specific needs. Therefore, when acquiring systematic business knowledge and skills that can be used in the long term, it is a good idea to consider a graduate school of business administration (MBA program).


6. How to choose a business school


Each business school has different characteristics that should be kept in mind when choosing a business school.

For example, whether to study abroad or in Japan, full-time or part-time, attending school or online, etc.) and choose the location and format of the course.

In addition, there are many points to consider when choosing a business school, such as the curriculum, the quality of classes, the activities and connections of alumni, and the costs involved in graduating.

For more information, check out our tips for choosing a business school.


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