...Administration (MBA) program. On the opposing side there are a few doubts and worries that one will like to argue within this paper. The MBA is a curriculum that will add considerably towards the expansion of anyone’s management and executive abilities as a future administrator. Advancing communicational and written abilities is a significant raising opposition that has convinced many individuals into receiving a MBA. Receiving a master’s degree will be one move concerning a raise which will add toward many individual’s monetary stability and occupational goal path. Many people know that this program is intended to enhance not only their professional life, but their personal life as well. In addition, a MBA will be advantageous for many people by increasing their association of business experts, which is fundamental in substituting knowledge for today’s company job market (Schweitzer, 2011). By having a broad company system an individual will be able to work on developing his or her business manners. In today’s country, it is becoming much more complicated to place oneself in an improved career heading without having some type of graduate degree. Rivalry among job hunters has become even harder when the large businesses are terminating thousands of workers. Companies are looking for more experienced and knowledgeable workers that could substitute for numerous laid off spots with one member of staff that has a master’s degree. Countering objections On the opposing part MBA is a very...
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...Higher Education MGT521 Higher Education Society has changed in many ways. Education has become a significantly important factor in today’s society. More adults are going back to school seeking higher education for better job opportunities. Higher education is important because it can determine how far a person can advance in career opportunities. Getting a Master in Business Administration (MBA) degree is the best way to develop and learn about organizational and management skills. For someone that is pursuing managing a business or owning his or her own company, getting an MBA degree can contribute significantly. There are many job opportunities out there. Most companies are looking for someone that has the education; a bachelor’s degree is decent in today’s society, but an MBA is favorable in the job market. There are numerous reasons to seek an MBA: to improve written skills, communication, managing, organizational skills, financial stability, and more. As the first person in the family to graduate with a bachelor’s degree pursuance of an MBA is the golden path toward stability as well as a better tomorrow financially. The number of people seeking an MBA degree is growing day by day. In addition, several schools around the nation are promoting this type of degree as one of the top degrees. More people are going back to school due to the state of the economy. ” the beginning of the economic downturn people were leaving the job market and going back to...
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...Doing your job well in today’s business world means using ever-changing technology and increased leadership skills. People recognize that higher education is important even though you have achieved certain success in career wise. MBA which stands for Master of Business Administration is one of the most recognized degree, People extensively pursue master's degree across the globe and labeled it as a requirement and as a 'preferred' qualification in job application. The successful MBA foundation is phenomenal as its curriculum consists of statistic, finance, marketing and others that make a successful applicant to get in preferred category. It is because they have ability to think critically when they make business decisions and adapt to different business needs and environments. Through the MBA process, students can set up MBA alumni, build up and network of colleagues with a successful portfolio of business skills and knowledge. MBA student have ability to identify and address the business problems and analyzed more consistently. Strengthen communication skills in individual and teamwork aspects in a long run. Developing management skills which influences the business deal specially for the person who deals with the customers. First impression is important for business networking. Today’s business world increases the demand for the degree which is the measurement for professional qualification. If you successfully complete MBA, it does give the eligibility...
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...Top Three Reasons Not to Get an MBA There is no question that everyone in today’s market was affected by the recession. According to Kimberly Amadeo, “An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding. As unemployment rises, and consumer purchases fall off even more, housing prices usually decline” (Amadeo n.d, What is Economic Recession? Para. 1). Many Americans have elected to go back to school and further their education toward an MBA to be more competitive in the job market. However, there are reasons pursuing an MBA or any grad degree may not be the best option. Such objections include cost of tuition, time spent away from work and family, and the job availability after graduation. Cost of Tuition The stress of paying the house, car, and credit cards can be overwhelming. Also individuals need to think about the cost of pursuing a higher education. “Although the cost of an MBA degree can very, the average tuition for a two-year MBA program exceeds $60,000” (Schwietzer, 2011. How Much Does It Cost to Earn an MBA? Para. 2). Many individuals will have to get a loan and pay interest for a considerable time. Also the cost of tuition continues to rise. “ Though MBA programs have multi-million dollar operating budgets, schools say tuition revenues cover less than half of their annual expenses, making cost-hiking a necessary evil. Each year, B-school tuition...
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...Top Three Reasons Not to Get an MBA Shaun Hamilton MGT/521 March 30, 2012 Gary Maxa Top Three Reasons Not to Get an MBA There is no question that everyone in today’s market was affected by the recession. According to Kimberly Amadeo, “An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding. As unemployment rises, and consumer purchases fall off even more, housing prices usually decline” (Amadeo n.d, What is Economic Recession? Para. 1). Many Americans have elected to go back to school and further their education toward an MBA to be more competitive in the job market. However, there are reasons pursuing an MBA or any grad degree may not be the best option. Such objections include cost of tuition, time spent away from work and family, and the job availability after graduation. Cost of Tuition The stress of paying the house, car, and credit cards can be overwhelming. Also individuals need to think about the cost of pursuing a higher education. “Although the cost of an MBA degree can very, the average tuition for a two-year MBA program exceeds $60,000” (Schwietzer, 2011. How Much Does It Cost to Earn an MBA? Para. 2). Many individuals will have to get a loan and pay interest for a considerable time. Also the cost of tuition continues to rise. “ Though MBA programs have multi-million dollar operating budgets, schools say tuition revenues...
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...candidate for their position. The question, then, is how does one stand out and be recognized by a potential employer rather than simply getting lost in the mix? Many people turn to furthering their education by obtaining a Master of Business Administration (MBA) to give them an advantage over their peers. Although a person is furthering their education and refining their skills, the decision of obtaining an MBA is met with opposing views. One of the most debated aspects of an MBA program is its ability to set a person up for financial success. Many wonder if the benefits of the degree are worth investing in if it may limit options and create debt. In an article from CBS Money Watch, author Trunk (2011) comments that the amount of time one invests in getting an MBA could be applied to on-the-job experience instead. The author argues that experience will equip them as equally as investing that time in education only without having student loans. On-the-job experience is important, but continuing education and refining communication skills will help to broaden a student’s ability to apply oneself in the work place. Moreover, there is generally a financial earnings increase associated with successful graduates of MBA programs. In data collected from Occupational Outlook Quarterly in 2003, the median weekly earnings of a person with a master’s degree were approximately $422 higher than those without a degree (Lacey & Crosby, 2004-2005). That is $22,900 more...
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...and earn a Master of Business Administration (MBA) graduate degree is an important decision that will have far reaching positive influences in life and will assist in finding a new rewarding career. An MBA is one of the most important tools in the toolbox for a business, personnel, management, finance, human resource, and entrepreneurial careers. The critical success in the future of a career depends on the ability to be called on for knowledge, expertise, and advice, for which an MBA is the vehicle that will provide my career the means to that end state. A graduate with an MBA is stereotypically regarded as more dependable, knowledgeable, and marketable. An MBA is sometimes called the golden ticket to increase in salary, career progression, influence, and power ((Rapert, Smith, Velliquette, & Garretson, 2004, p. 17). An MBA is recognized globally as a standard of excellence that is measured and weighted in today’s global economy. An undergraduate student has skills and knowledge, but armed only with this degree, the student has on touched the breadth of knowledge in key subject areas including economics, finance, strategic managerial principals, and analysis. The undergraduate is knowledgeable in the area of business perceptions and analysis, but is far from having the skills required to apply advanced theory and analytical practices in a competitive fast paced business environment. A Graduate student with an MBA has honed the skills to develop a solid analytical...
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...Master of Business Administration (MBA) ASSESSMENT COVER SHEET Program Module Number Assessment Assignment Title Lecturer Student Name Date Handed Over Date Submitted Assessor’s Feedback 07th November, 2010 Due Date Pass/ ReSubmission Student Number 06th February, 2011 Master of Business Administration MBA 400 Module Title UWIC MBA BATCH - 03 Semester - 01 People & Organizations Assignment 03 - Individual - Essay Importance of organisational behaviour in today's context Final Grade Assessor’s Name Assessor’s Signature A 70+ B 60-69 C 50-59 D 40-49 E 35-39 F -35% Date Assessed : Student Signature & Comments International College of Business and Technology Master of Business Administration (MBA) Assignment Brief Learning outcomes Students should be able to critically assess - Organizational behavior - Management of change (50 Marks) Brief Making reference to appropriate literature and organizational life, critically evaluate the three or four key areas of organizational behaviour, Leadership, Group Behavior, Training & Development, Change Management Marking Scheme Introduction and identifying the importance 30% Literature revive 25% Elaborating on the above Organisational Behaviours and stating the relevance in today’s context 40% Reference and bibliography 5% REPORT STRUCTURE Paper Size Words Printing Margins Binding Margin Header and Footer Printing Basic Font Size Line Spacing Font Style Presentation : A4 : 2500...
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...I’m stuck! That is the simple explanation for wanting to pursue an MBA degree. I received my undergraduate degree in accounting and since graduating I have gained eight years of experience within the accounting and finance industry. Within this industry I have financial accounting experience and experience in financial analysis from working at a CPA firm, the public sector for the State of Alabama, a mid-sized insurance company headquartered here in Montgomery, AL, and now within the banking industry. With the exception of the CPA firm where I started out as entry-level, all of these places of employment I am and was a mid-level employee, where I am now stuck. To move out of the mid-level hole and into a position of management or at least a senior-level position within my current organization, an MBA is a requirement. Also, in today’s economic climate an MBA degree also creates a level of job security. An MBA degree lets people know that you have an increased knowledge of business acumen, which, therefore makes you a valuable asset to your company or organization. An MBA opens the doors of opportunity, such as being considered for advancement within my current organization, a position of higher pay and status with another company or laying the foundation to be a successful entrepreneur. Through my experience I have only worked in one environment in which an MBA degree wasn’t a requirement for advancement. As a staff accountant for the State of Alabama, they have a...
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...Online Takes the Cake Abstract Pursuing an online MBA program over an on site-program has numerous advantages. Adult learners can fit advanced education into their already hectic schedules, degrees can be obtained in half the time and class schedules are flexible. For these reasons, online education has been the fastest growing segment of higher education. But because it is so unlike traditional classroom-based instruction, many questions have been raised about the quality of the education offered in the online modality (Carrol & Burke, 2010, p. 65). After an extensive survey of the literature, the U.S Department of Education issued a report concluding that the online or hybrid modalities are more effective then face-to-face instructions (Carrol & Burke, 2010, p. 66). Many students rely on online programs to complete an MBA because of the increasing demands from the workplace and busier schedules. Today’s competitive job market has also increased the need for advanced degrees. These programs are fueled by the increased capabilities of technology that allow students to successfully learn and complete their degrees outside of the traditional classroom environment (Anonymous, 2010). Recognizing the advantages and disadvantages of pursing an MBA degree online, understanding how online degree programs work and finding the right program for you as an individual are important steps that each student needs to evaluate and complete before choosing which program they are...
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...Pursuing an online MBA program over an on-site program Shirley Ann Gates Bus 620: Managerial Marketing (MAC1042A) Professor Nancy Waldron November 16, 2010 Executive Summary of Marketing Plan In today’s world, being able to obtain an adequate amount of education will increase the chances of better opportunities in the job market. Students entering MBA programs are now given a choice to obtain their education online opposed to onsite. Both MBA online and onsite programs share a common goal, and that is to assist students in obtaining their degrees. MBA online programs are convenient, because they are available to the students, any place, anywhere, and anytime, and will allow students to be able to complete their assignments within their own timetable opposed to an onsite setting, that you must meet the timetable of the facility in order to obtain your educational needs. According to Terry (2007) “online instruction provides flexibility for students in that it reduces the often substantial transaction and opportunity cost associated with traditional campus offerings. The flexibility in structures is countered by potential problems including lack of personal interaction (Fan & Lewis, 2001), the elimination of a sense of community (James & Voight, 2001), and the perception of lower quality (Terry, 2001). On sites courses have some advantages whereas, it allows students to interact with their peers, attend lectures, and physically work in groups. There are...
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...decision to get an MBA” Instructor: Lawrence Kirsch Student: Carlos Ochoa Date: 11/01/12 Although the MBA program has been successful for the past years, economy has changed and professionals have adjusted accordingly. The MBA program will provide me the tools to understand and implement business and management principles. I have been working professionally for more than 15 years in challenging positions with engineering companies and have good experience with many of the problems businesses and markets are facing today. The main reason why I decided to go back to school and attend an MBA program is to increase my salary potential and advanced my career. An MBA degree will help me find more employment opportunities and it will make me a more marketable professional. Although I want to start my own business and an MBA will help me do it. I am convinced that in today’s economy we need more job makers than job seekers. Earning an MBA is not a decision to be entered into lightly. The biggest disadvantage of taking an MBA program is its cost. The average cost of an MBA is estimated at $30,000 and there is significant time, attention, and energy involved, and there's no guarantee that I will land the perfect job after completing the program. In addition to this, getting an online MBA program will prevent students to have face-to-face contact and networking opportunities. The lack of student-to-student contact is also a disadvantage of an online MBA program. Networking...
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...Why Pursue an MBA? Top 10 Reasons to Do MBA |[pic][pic][pic][p| |ic] | As the pace of change continues to accelerate at dizzying speed, we can take solace in the fact that the Masters in Business Administration (MBA) degree is still a constant worth embracing. It was the last century that gave us the fruits of the computer age, and it's fairly apparent that the Internet will do much to shape the course of this one. What is equally true is that for the first time, the world economy is truly global, where what happens in one part of the world is not only known almost simultaneously to the occurrence of the event, but the impact can be felt as well. Customers and competitors are no longer relegated to the geography that surrounds them. In fact, many businesses no longer have a traditional brick and mortar operation. Within this complex setting, the modern manager must still do what managers in every era have had to do - succeed. For many, the MBA continues to be the cornerstone for such success. What benefits do you hope to gain after your MBA? • An increase in salary and earnings potential • Development of skills in specific fields such as finance, marketing, strategy in order to have access to certain positions and certain companies such as McKinsey, BCG, Goldman Sachs • Access to a network of alumni • Greater opportunities to work in a country or geographical region of your choice • Development of the skills needed to set up your own...
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...with setting up of management institutes like IIMs and XLRI. Management education is now being also imparted by some of the engineering colleges in India. Management education has become a big and lucrative business. It has grown in USA from almost negligible 1322 MBA degrees being awarded in 1955-56 to 102,000 MBA degrees being awarded in 1997-98. But there are major problems associated with the way the management education is being taught and the content what is being taught. The major problem is that the curricula of business schools is seen as being too focused on analytics with little or no emphasis on problem finding and problem solving skills. It also lacks focus on integration of problem across various functional areas. It does not take the holistic picture into account. Another problem with the business education is that the research work done in most of the business schools is far away from the realty. The work does not address the challenges being faced by various business organizations across the world in day to day management. Another major challenge facing the management education today is that learning is not the aim of most the students but placements and networking are. The primary aim of any MBA graduate is to increase his contacts in college so that it helps him securing a better job at the end of the course. With constant focus on networking and securing a good placement students lose focus of a very important aspect that is learning and acquiring knowledge...
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...Thinking Ahead: The Pursuit of a MBA Thinking Ahead: The Pursuit of a MBA Brandon L. Smith University of Phoenix Thinking Ahead: The Pursuit of a MBA Even though I do not need a MBA to be successful, the MBA will enhance my career because the MBA is worth more than the Bachelor's degree. The MBA will also give me a deeper understanding of management and leadership. This will help me better understand the business environment around me and assist me in developing better managerial skills. I will use the experience and knowledge that I gain in my pursuit of a MBA to further my career and enhance my quality of life. A master of business administration degree will help advance my career. The MBA will provide me with the tools that will make it easier to market myself to potential employers. Employers are “looking for the 50,000 foot view—the strategic thinker who takes an analytical approach” (monster.com, 2009). There are many more opportunities to advance in my industry with a MBA. The MBA is the next step in my professional development and offers additional qualifications for higher level management positions. Some people say that a MBA will not help me advance my career but however it will give me a greater advantage over individuals without a MBA. Over the past year of job searching, I have experienced, firsthand, the demand for MBA’s and the preference of an employer that a potential candidate have a MBA. Today’s job market requires individuals to diligently...
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