For those who are not familiar with the name,nmims is the trademark name of the Mortgage Marketing Association. It is a membership organization for mortgage brokers, which provides education to its members. Its mission is “to promote and advance the industry in which mortgage brokers operate.” As a result of this association, many people learn the basics of the business before they begin their career as an agent or broker.
What does it take to complete a finance training course? There are two parts to the course: classroom learning and hands-on practice. In most states, it is required that students complete a certain number of hours of classroom learning before they can take the second part, but there are no nationwide requirements. Students should contact their state licensing boards for information about what course they must take in order to be allowed to complete aninance continuing education credit and obtain their mortgage license.
What are the course materials? The course material typically includes lectures, homework assignments, practice exams, and case studies. Although some of the material will overlap from state to state, much of it will be covered in each of the states mentioned above. Students will be expected to perform clinical study and writing projects based on their coursework.
Who teaches the course? There are many schools that teach this curriculum, and it is often offered through a correspondence course. This means that one school supplies the learning materials and obtains an affirmation from another school that the students meet the requirements to receive the license. In many states, however, a degree from an accredited business school is required in order to take the exam for a license.
Is there enough material to cover every topic? Most of the coursework will cover accounting, business law, business mathematics, business marketing, business psychology, business management, and business analysis. There are likely to be several other topics, as well. However, it is possible for many students to successfully complete the main course in three years. Others may finish much sooner. There is no cap on the number of credits a student can earn in a quarter in order to take the test for the Professional MBA.
How does a student get the work completed? Students work in groups to complete the assignments. Some assignments are self-directed while others require input from group members. As with all learning, this requires constant feedback and reviews from the teacher as well as learning experiences from the students.
Is there a deadline for the completion of the course? Most of the work in this course can be completed within a few weeks time. However, there may be some parts of the course that may take longer because of scheduling. A student should call the instructor to make sure that there is not a conflict with any other classes or other work.
Can someone who completes the course transfer to another institution without having to repeat the entire course? Yes, a person can graduate from this program and then seek a new MBA. The GMAT score is what matters in this case. Many prospective employers are looking for applicants with at least a 3.0 GPA on this exam. Those students who have a higher GPA have more chance of being called in for an interview as well as being offered a job.
How much will students have to spend on materials for this course? There is a cost associated with the course; however, most students will not have to spend money on materials. This is because students will be responsible for their own study time and any assignments. Most institutions provide books and other reading material and students will use that time to study and complete the assignments.
How are the assignments completed? An online course does not have a grading system like the ones used in physical schools. Instructors grade each assignment based on their judgment. In some cases, a student will have to work with an instructor to make sure that the assignment is completed and correct. Some of the assignments will be self-directed while others will require input from the instructors.
Is this an appropriate learning experience for my career goals? It depends upon what the students plan to do with the MBA degree. A good percentage of students in an online school will be working professionals already, and they will likely be employed in some capacity. Those who intend to enter the business field as managers or administrators will more than likely need additional training and hands-on experience to supplement their learning.