Wondering how you are going to make it in a career in business? You are not alone. Thousands of other Australians fresh out of school or struggling to jump-start their career are asking the same question.
Getting a Master’s in Business Administration (MBA) seems like a popular answer. But it’s expensive and might not be feasible for your situation.
However, you’re not out of options. Have you ever considered a Certificate III in Business Administration over an MBA? Check out the top reasons why you should consider it here!
What’s the Difference Between a Diploma and an MBA?
Both a diploma and an MBA can prepare you for better potential career outcomes. However, they accomplish the same goal in different ways.
Coursework to earn a diploma is more focused on learning practical and immediately applicable skills. You will gain a thorough knowledge of the nuts and bolts of the business world.
An MBA has broader applications and much of the coursework is more theoretical. Often, it is designed to build up prior experience and prepare you for more senior management positions.
As you research diplomas you may find yourself with the following quandary. Should you study a Certificate III in Business Administration or get an MBA?
Why Study a Certificate III in Business Administration?
1. Money
Getting an MBA is expensive and it’s not getting cheaper. From 2019 to 2020, average MBA fees rose about 8%. In 2021, they rose another 3.34% to hit nearly $60,000. You can even spend as much as $126,000 for a Senior Executive MBA!
For the BSB30415 Certificate III in Business Administration at Enable College, prices start at just $1,602. That’s no small difference.
2. Time
Part of the reason why MBAs are so much more expensive is that they take so much longer to complete. Plan to be studying for 2-4 years depending on whether you study full or part-time.
On the other hand, with Enable College, you can complete the certificate within 5-6 months.
3. Easier in the Future
Getting your diploma doesn’t mean you have to write off getting an MBA altogether. An MBA is more comprehensive and may serve you well at some point in the future.
However, getting a less expensive, less time-intensive certificate now can help you get into a job situation that will allow you to afford future studies. The practical skills that you get from the course can help you land your first job or move up the ladder and enjoy a salary increase.
Furthermore, the job experience you gain from working before getting your MBA will sometimes count for part of your coursework. In other words, you’ll ultimately spend less time and money even while earning an MBA in the future.
4. Study What You Need to Know
How does a Certificate III in Business Administration help your career? There is so much less time and money involved, you must be missing out on something.
Yes, there is some benefit to getting an MBA. Otherwise, people wouldn’t be willing to spend so much money on them.
However, especially when you’re just starting out in the business world, there’s a lot you don’t have to know just yet.
Furthermore, to earn an MBA you have to take courses that may not interest you. They might not even be that helpful to you at this point. You don’t yet have the real-world experience you need to supplement that theoretical knowledge.
Diploma courses zero in on the things you need to know to hit the ground running. You don’t need all the theoretical information until later, you can get started much quicker with the basics.
5. Study What Employers Value
An MBA is an impressive qualification to put on your job application. But believe us when we say it doesn’t hold as much weight as you might expect with potential employers.
Employers want to know that you can handle yourself in the real world. An MBA doesn’t prove that, but on-the-job experience certainly does.
In fact, having an MBA without real-world knowledge and experience kind of puts you in a grey area. You’re educationally overqualified for lower positions, but don’t have the on-the-job experience that employers want for higher positions.
A diploma focuses on what you need to know to get started. Then, after you’ve had a chance to build experience, you can add an MBA to your qualifications.
Who Should Do a Certificate III Business Administration Course?
This qualification is beneficial for people looking to work in the following fields:
- Reception
- Clerical
- Office Administrator
Furthermore, the qualification can help people in many stages of life including:
- School-leavers
- Parents returning to the workforce
- Individuals who have been out of the workforce for some time
- Industry professionals looking to upskill or brighten their potential career outcomes
- Job seekers
What Are the Benefits of Studying BSB30415 Certificate III in Business Administration With Enable College?
Enable College makes earning your Cert III in Business Administration easy. The coursework is presented online, offering the flexibility to study on your schedule.
Students also have the option of a full-time course load requiring about 30 hours a week of study time. For a more relaxed workload, you can opt for the part-time option of only 15 hours a week.
If online classes don’t work for you, you can also choose the external learning option. You’ll receive coursework and materials to work through at home. As each Unit of Competency is successfully completed, you’ll receive more work. One-on-one support is available as needed.
When Should You Decide to Take the BSB30415 Certificate III in Business Administration Course?
There is no time like the present! If you want to start meeting and exceeding your career goals, don’t put off until tomorrow what you can do today.
Once you have completed a Cert III in Business Administration, doors that were closed to you will start opening. To open even more opportunities, you might consider the next step, which is a Certificate IV in Business Administration.
Every accredited qualification is another step on your journey to career success!
