COTRUGLI: Managers seek quality, practical modules in MBA programmes

COTRUGLI Business School is the leading business school in SEE, focused on providing premium business education services to executives and entrepreneurs in this region. The core of COTRUGLI programmes are various MBA programmes, including MBA, Executive MBA, Chief Executive MBA and DBA, each targeting different level of executives.

Lana Dojčinović, Executive Director of Cot rugli

Lana Dojčinović,
Executive Director of Cotrugli

What keeps managers motivated to pursue MBA programmes despite the crisis?

Managers of today increasingly take care of their career development. They seek quality and practical modules in the MBA programme, with an emphasis on quick return of investment. To the highest world standard in education, MBA programmes equip alumni with knowledge essential to managing their organisations. Over the past decade MBA programmes have become very popular worldwide and there are thousands of different opportunities. Nevertheless, based on accreditation criteria, only a small number of them can be rated as high quality courses. COTRUGLI Business School’s best reference is its AMBA accreditation and a long list of satisfied clients and partner organisations.

Managers from which business sectors in SEE are most interested in MBAs? By contrast, which are the sectors with the lowest number of representatives?

Over 70% of MBA students at COTRUGLI Business School hold management positions at large and small companies across SEE. The majority of them come from pharmaceutical, engineering and IT companies. Managers from the construction sector, financial services and banking are also strongly represented. The rest come from the hotel industry, consulting and media.

Is the share of female managers enrolled in MBA programmes higher than it used to be? Do you expect it to increase in the future?

The number of women in MBA programmes has increased in the past years by 30% to 40%. This is in line with the growing importance of women in the world of business today. The gender breakdown of MBA students of COTRUGLI Business School is 43% for women and 57% for men. An interesting fact is also that the average age of alumni is decreasing, which only illustrates the entrepreneurial spirit of the younger generations.

What are the scholarship opportunities for MBA candidates in SEE? Do business schools grant scholarships more often than companies?

The scholarship scheme at COTRUGLI Business School is part of COTRUGLI’s Social Responsibility Programme, created to encourage positive changes within the SEE region. To date COTRUGLI has invested more than 2.0 million euro in the development of this region through MBA scholarships. Scholarships are granted to the most successful candidates in the selection process from Croatia, Bosnia and Herzegovina, Serbia, Macedonia, Slovenia, Bulgaria and Romania.

What is the share of alumni who were promoted within three years of their MBA graduation?

 It is interesting to point out that already during their studies 33% of COTRUGLI students change their positions and companies, thanks to the networking opportunities in their E/ MBA course.

What is the average salary of alumni three years after MBA graduation? What is the percentage difference in MBA graduates’ wages compared with the period before MBA enrollment?

Research shows that the average increase of income after MBA, compared to people with BA or BSC is 36%. However, you should be aware that MBA will not work wonders and will not solve your problems without your involvement. Rather think of it as a unique platform that provides you with the variety of tools you need to become a holistic leader and helps you increase your competitiveness on the global labour market. Note that the amount of benefits you will extract from the programme is directly determined by the amount of efforts you will put into it. But do not take these words for granted – experience it yourself!