...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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...co career options careeroptionsmagazine.com/MBA FALL 2013 Helping students find the MBA program and post-MBA career that is right for them. 11 Today’s MBA students come from all backgrounds 17 Networking 2.0: Social media strategies to make an impression 21 How to sell your MBA education to employers Invest in yourself: the business case for MBA studies With profiles of top Canadian business schools e Flip thne azi mag ore for m er Care ns! Optio career options FALL 2013 21 On average, the return on investment in an MBA degree can be seen in four years or less 6 MBA ThE An investment in your future By Tess Allen 11 Opening career paths Why students from all disciplines are pursuing MBAs By Kayla Redstone 17 Networking 25 MBA MBA Online 2.0: How to use social media to build valuable connections How to study from a distance By ACCESS MBA Tour By Danielle Klassen 21 a job Landing after graduation Advice from MBA experts and grads By Meagan Campbell We Would Like to Thank Our Advertisers… 10 Conrad Business, Entrepreneurship and Technology Centre, University of Waterloo 27 Royal Roads University 2 Hult International Business School 16 Sobey School of Business, Saint Mary’s University 4 Business School IE 7 Thompson Rivers University 20 International University of Monaco (IUM) 5 University of New Brunswick, Fredericton ...
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...A Former Harvard Business School Admissions Board Member Reveals the Insider Keys to Getting In • Prepare your resume and professional record • Discover the differences between business schools • Top essay and interview strategies • Behind the scenes of the admissions process • Qualitative factors that can make you stand out • Application insights from insiders Chioma isiadinso, M.ed. former Admissions Board Member of Harvard Business School The Best Business Schools’ Admissions Secrets A Former Harvard Business School Admissions Board Member Reveals the Insider Keys to Getting In Chioma Isiadinso, M.ED. © 2008 by Chioma Isiadinso Cover and internal design © 2008 by Sourcebooks, Inc. Cover photo © Punchstock Sourcebooks and the colophon are registered trademarks of Sourcebooks, Inc. All rights reserved. No part of this book may be reproduced in any form or by any electronic or mechanical means, including information storage and retrieval systems—except in the case of brief quotations embodied in critical articles or reviews—without permission in writing from its publisher, Sourcebooks, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. —From...
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...an Argument A master’s of Business in Administration is a detailed study of business management. The MBA program holds personal, educational, and future value to furthering careers. Obtaining an MBA, does not just include knowledge of management and leadership skills, but a specific concentration of your choice can be added to the degree, as well. For example, my future profession will deal mainly with accounting, so I am pursing my MBA with a concentration of accounting. Many different benefits come with obtaining an MBA: better opportunities in the career industry, higher salaries, getting the upper hand with more experienced employees with no education, and personal gratification. According to the University of Phoenix Jungian Personality Self-Assessment Library (2007), I was evaluated as INTP. The “What’s My Jungian 16-Type Personality,” considered me as…socially cautious, enjoy problem solving, and highly conceptual. The possible career choices were plastic surgeon, software designer, psychoanalyst, private investigator, financial analyst, mathematical, photographer (University of Phoenix Jungian Personality Self-Assessment Library, 2007). A higher education can only further your career with better opportunities in the workplace environment and increased salaries. More job opportunities will be available to those with educational experience. The MBA program will help with a better paying job because of the educational experience and the commitment invested in...
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...chance their perception because you make them laugh and then they by nature become less judgmental, at least for that moment. That will be one of the themes with this EP- promoting non-judgment, On the part of everyone. I feel that here at cambridge for instance, there is too much judgement ingrained in the community regarding business and finance. There is judgment about social welfare. One is good one is bad. Most of our class is studying finance, and from who I have met so far, most of our class come from good families, have a sense of values, and have very VERY warm hearts and open minds. They are good people, They are creative thinkers, they are funny, they are multidimensional. They want to learn from you. They wanted to leave their country and meet people from other cultures. They want to KNOW about other cultures, they want to share their passions and interests and couple that with learning about yours. We are intellectually curious. We are open to discussion about virtually anything. We all respect each other. Everyone is so nice, so friendly so warm. I feel that I have already learned a LOT about who I am. I am EXTREMELY intellectually curious. I didn’t realize how much so until I got to Cambridge. Cambridge is an environment that prompts you to think and ask questions and re-evaluate everything, on a daily basis. I have read more books at this point on topics outside of finance than I have for my classes. That type...
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...Why I Chose to Pursue an MBA Abstract This paper will outline the reasons I chose to pursue an MBA. I will construct and support an argument for my pursuit of an MBA. I will support my decision of pursing an MBA with references and data of individuals who have written articles regarding the pursuit of an MBA for African Americans. This paper will include my Jungian results from the 16-Type Personality Insights questionnaire to see if I have the qualifications of a manager. Why I Chose to Pursue an MBA I decided to pursue an MBA to start a new career and to achieve a personal goal. I have a best friend who persuaded me to further my education. She would tell me, “Seles, this world is going to require that individuals who seek employment have a Master’s degree.” I began to think how my goal would be achieved and what university I attend. Wondering and worrying about the cost of this type of education caused me to have many sleepless nights and much stress. My concern was finding the time between allocating times with my six year-old son, working part-time as a volunteer and taking care/assisting my parents who are 70. Also my biggest issue I had was who would hire a recent graduate who is almost 50, African-American single parent of a six year-old son and who have never worked in the corporate world. So I prayed and asked GOD to authorize my pursuit of a Master’s degree. I talked with my advisor Lance Thorsen and he eased my mind and encouraged me to...
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...management and I have learned that there are many paths I could take once I graduate. Right now it is too early to feel passionate about any one career path. I will discuss various careers in sports management and I how feel about them now as I am just starting out. I hope to look back at this paper when I am finished and see if my views and opinions have changed. The Number of students who decide to get a MBA in sports management has grown significantly since the recession. A Ba in sports management was not producing jobs that many hopeful students thought it would. The sports industry was not immune to the recession like many people thought. Some people thought that the sports business would never feel the effects of the recession but they were wrong. Both the NBA and the NFL cut jobs during the recession and this caused a ripple effect with new graduates. They were forced to take low paying jobs working in the industry but as ticket sellers or working in the concessions. Still others who felt there was no other option took unpaid internships in the hope of landing a job afterward (Belson, 2009). Sports management degrees date back to the 1970’s with a rocky start. The degree was not seen as legitimate, “many academics mocked them for teaching how to mix Gatorade” (Wecker, 2011). The program has come a long way and has advanced into a masters level and even a PHD. Even with a masters in sports management becoming a popular presence many prospective students as well as those...
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...M BArk Why should you do an MBA? It is crucial on two counts: 1. If you do qualify for a course and find yourself a complete misfit for the curriculum it would mean you are actually not cut out for the management cadre in the corporate world. So you are likely to saddle yourself with a career that makes you unhappy. 2. An MBA course is an investment both in terms of time and money hence wasting it is an offence. Moving on, let’s look at a few caricatures wherein an MBA degree can be handy: 4 The Anointed Heir who wants to hold the keys to his/her kingdom. This guy is someone like an industrialist’s son, who will have to take over the running of an existing corporate empire. 4 The Shop Floor Enthusiast who wants to sit in the gilded corporate office This guy is typically someone who has devoted many years on the shop floor (it could also be in a lab..or in sales..or in data collection), mostly a technical person who executes rather than strategises. This guy now wants to be a part of the strategic team. 4 The Intrepid Entrepreneur who wants to create an empire. This guy is someone who is all set to start his or her own business and wants to know the tools of how to do so. 4 The P o w e r S e e k e r who wants to crack the management ceiling he/she has hit because of a lack of an MBA degree. This person is typically someone who is a part of management perceived perspective. but of sees many promotions pass by him/ her due to a lack managerial of the top Most This is an invariable...
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...Top Reasons for Pursuing an MBA The Master of Business Administration (MBA) is a graduate business programme that covers a wide spectrum of business related topics from economics, organisational behaviour, project management to government policy. While it would make sense for an individual already working in the financial industry to undertake the MBA for a deeper understanding on relevant issues that she may come across at work, that is not the main reason why most are motivated to pursue an MBA. 33 percent of those surveyed in a recent poll conducted by JobsCentral of 181 individuals cited “Salary increment upon completion” as their motivation for pursuing an MBA, making it the number one reason. “Acquisition of knowledge and skills” was the second most popular reason with 21 percent picking it as their main motivation. Xinhui who is currently working in private banking agrees with the majority. She explains why she is toying with the idea of pursuing an MBA, “Besides having a better knowledge of business management, having an MBA will put me in a better position to ask for better pay,” “I had both personal and professional reasons for doing my MBA,” Debbie, who has just completed her MBA with graduate business school INSEAD, says. “Personally, it was the challenge to find the drive and enthusiasm needed to enhance my learning and to get involved in networking with like-minded professionals from all around the world. Another motivation was the opportunity to broaden my...
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...MBA Admissions Essay Powerful Tips for Improving Your Odds of Gaining Admission to the MBA Program of Your Choice Admissions essays are easily the most challenging part of the MBA application process, and it’s no wonder. Most people don’t like to write, and even those of us who do enjoy writing can come up blank when called upon to write about ourselves, especially when so much is at stake. The fact remains: If you want to go to business school, you have to be able to generate one or two thousand carefully chosen words that sum up your background and experience, your career goals, your reasons for seeking the MBA, and why you’ve chosen the program to which you’re applying. Step one: Relax. Writing admissions essays is stressful—it’s supposed to be stressful— but that doesn’t mean it’s impossible. Everyone who has ever applied to business school has written admissions essays, and so can you. All you have to do is submit essays that are a little bit better than most of the others, and if you follow the advice we’ll cover in the following pages, it will be a lot less painful. How to Write a Successful Most MBA essays are mediocre The good news is that most MBA admissions essays are mediocre at best. If you can at least come up with a marginally compelling narrative, and if you can spell and punctuate everything correctly—or know someone who can—you’ll automatically have an advantage over much of the competition. This guide is designed to help you get started (the hardest...
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...In Chapter 15, the Student Writer suggests that an argumentative is something that you want the reader to believe. The act of arguing your point about oneself is to make the reader believe that what you are trying to convey, is truth. The point that I am arguing is the reason why pursuing my MBA degree is important to me. My goal is important because no one in my family made a decision to go this far with their personal goals. My brother went to college, but he stopped at a BA in Economics, and he is now trying to go to law school to become a lawyer. Which makes the trek of obtaining my Master’s even more important to me. The recognition that I hope to receive when I complete this degree, is important to my personal goal. I want to show my children the importance of diligence and hard work. Diligence to me is the thoroughness that comes with completing your goal from start to finish and receiving that much needed appreciation for the sacrifices that you made while getting there. Pursuing my MBA to me is an accomplishment that I have wanted for quite sometime. One of the first things that I need my MBA for is to start a new career. My second reasoning for wanting my MBA is for the obvious reasons, like stature, better compensation and of course advancement in my future career. Stature in relation to a career is the ability to make lots of money, support my family and to just have enhanced opportunities within my chosen company. How many times as children have we looked up...
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...shouting “Dream Big”, I am whispering “Dream Small”, ofcourse that means I am not a genius. Keeping jokes apart, this is for all MBA-Freshers who are expecting big bucks after completing their MBA. “Dreaming Big” is not an issue but achieving that dream always starts with small steps. It is said that “Rome was not built in a day” similarly you can’t demand higher salaries because you are a MBA. What if you are a MBA? Are you having anything else to boast, about which the corporate world would appreciate. If yes, then go out and shout “I am having this X thing which could meet Y Company’s expectations and for the same reason, I should get salary of ` Z”. The point is to think big but build small, something you can be proud of. If you don’t have the things to boast about try for Plan B. Make your career plan in such a way that you start with small company with small salary learn lots many things over there of-course at the Company’s cost, look out for options and in next couple of years take a big leap. Being a Placement Officer with KSMCS, I hear lot many times that students are saying; that I am having 2 years of work-experience and my last salary was ` 20K. So they must get at least that amount during placement process. My question to them is that if they are having experience of selling pharmaceutical products and they are applying in a Financial Company, how much relevance of their experience is to the latter company. As you are pursuing your MBA, you must be aware that...
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...Getting my MBA: The right choice at the right time Jake Medlock MGT 521 April 4, 2011 Bob Armbrust Getting my MBA: The right choice at the right time The American job market is growing tougher and opportunities for advancement are dwindling. More business professionals are finding it hard to compete in such a diverse, global, and highly competitive workforce that becoming the norm in American business. It could be that opportunities are simply not there, or that people are not trying hard enough to advance to the position they want. In most incidents this could be the case, but with such a flooded job market, fewer jobs, and an economy crying out for only the best and brightest, the need for higher education is obviously the answer to get that new position in a new company or to advance up the ranks of a company today. In fact, enrollment trends in MBA programs are continually on the rise with just 5,000 MBA’s earned annually in 1960 to over 150,000 earned in 2010 (Hansen). These numbers indicate that the MBA will make the bachelor’s Degree seem more like a high school diploma, especially in the field of sales and management that I am currently in. When I began my sales career over eight years ago, I did not even think of an MBA because I had assumed that the longer I worked, the more money I would make, more opportunities would come my way, and a bachelor’s degree would be good enough to get me to where I wanted to go. As the business world progresses...
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...continue my education and pursue an MBA is to gain the required skills needed to start a new career in my near future. Pursuing an MBA will make it possible to live a better economic life and to have a good job with security and top pay. I have chosen this route even with the current economic situation, knowing that new jobs may not be available by the time I finish with my MBA. An MBA would benefit me greatly in a variety of ways. Pursuing an MBA will aid in the development of the skills I need in the finance and accounting areas. Of course the increase in pay from possessing an MBA does not hurt either. When researching jobs online I am finding that by having a master’s degree, the pay is substantially higher than those with a bachelor’s degree. Other than career and financial reasons, I do have a personal goal to achieve more than my siblings. Out of four sisters only two of us have a bachelor’s degree. I would love nothing more than to become the other sibling to obtain a masters degree. Plain and simple, I want to do better than all of my sisters. In this economy, having a good paying job with security is vital. “In nearly every sector of the globe, the prospect of making more money and living a better economic life draws thousands of students to MBA programs” (Euders.com, 2009). I plan hopefully to open my own business someday in the very near future. With running my own business the part of running a business that I feel I need stronger skills would be in the...
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...support of my decision to pursue my MBA degree and its importance to me. I will also include the results from the Jungian 16 type Personality self-assessment that was done to assess my personality type and to determine how others perceive me. Importance of Earning an MBA Degree The question been asked is why do I need an MBA to excel? This is just a question in the minds of thousands of individuals who wish to excel in their professional career and who seek to achieve some form of independence. ‘Why does achieving an MBA important to my development’, an MBA is seen as a steppingstone to further enrich my way of life. Earning an MBA can be seen as a very important accomplishment in one’s life, as it allows the individual the opportunity to accomplish his or her goals in life and have a standing in society and the business world. Achieving an MBA is not just acquiring a piece of paper with one’s name written on it but rather a milestone in one’s accomplishment. The milestone that will allow me to be better equipped for managerial level positions in the professional world and also will allow me greater marketability as it paves a path for my professional growth. This will allow me to go out into the world with a better chance of obtaining a job and to be in a specific socio class. In other word’s an educational investment paying off. According to Tomar (2010), “Major companies are presently requiring for their employees to obtain an MBA before they are being promoted and...
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