Education standards globally continue to evolve, as the profession meets the challenges of an ever-changing business environment and the impacts of technology. Market competition has a lot do with this as demand grows for faster, less expensive and more effective products, services and solutions.
“As a profession, we urge our members to embrace this evolution and the technological change which affects us every-day in a fast-paced world,” said IPA chief executive officer, Andrew Conway.
“It has never been a better time to become a professional accountant; holding a strong mantle of being the most trusted adviser to clients and employers. But it is imperative to maintain that level of trust by staying up to date and being leaders in the knowledge space,” he said.
As the demand for professional services continues to grow, there is one education standard that maintains the currency of knowledge and skills, has stood the test of time, and has lead the way for postgraduates to stay ahead of the pack.
A Master of Business Administration (MBA) remains one of the most sought after business qualifications and provides a genuine competitive edge for successful graduates. When businesses recruit new talent, an MBA can be an important influencing factor in the selection and decision making process.
Not only does an MBA assist a person entering or transitioning within the job market, the qualification has a proven track record of increasing individuals’ income levels.
The Financial Times (U.S) cites in a January 2018 article, ‘An MBA is still a good boost for salaries’, that between 2014 and 2017, the average salary of an MBA graduate had risen 12 per cent with analysis in early 2018 indicating that they are still increasing.
While salary increases vary from country to country, it is fair to say that an MBA makes a significant contribution to improving the pay and lifestyles of many postgraduates. MBA graduates are provided with a bargaining chip when it comes to promotion and pay rise negotiations with organisations valuing the application of MBA learnings to the workplace.
The IPA Group has partnered with Deakin University to deliver an MBA program for their members and now, for others. This program is delivered online in two stages and provides the flexibility of learning demanded today. The award-winning program is ranked amongst the top online MBAs in the world.
“Regardless of one’s current employment or profession, this MBA program provides the opportunity to diversify and advance a career of choice. In today’s competitive world, the MBA represents a considerable advantage.
“Many who have undertaken, or are currently studying the IPA-Deakin MBA program have commented on the flexibility that online learning provides; being able to complete a highly sought-after MBA qualification while continuing to work.
“At the IPA, we are very proud to make this educational offering at a very affordable price. Whether or not you are considering a career in the accountancy profession, undertaking this MBA program will enhance your career opportunities. You will never look back,” said Mr Conway.
