Women with MBAs from top business schools who go into the fields of venture capital and private equity lag behind their male counterparts in pay by about 12 percent more than they did a decade ago.
Originally posted here:
MBA gender pay gap in venture capital increased
Filed under Business School, MBA, News
Business schools and the crisis. Enterview with Frank Brown, INSEAD Dean. I have heard from a lot of people in the past month. Many of them ask me about the job market for our MBAs, our endowment, our executive education business and about our alumni whose jobs are at risk. But there are some who ask what are you doing about this? What is your role now and in the future as a business school? … Business schools crisis
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There are some people who are skeptical about online MBA degree program. Getting a certified MBA degree can be fast and it is suitable for people who are working in full-time basis. Before the blooming of e-learning era, it was indeed difficult for people who wanted to pursue a degree in part-time basis. There were only a few distance learning programs back then but it is much simpler now as we can pursue online education at home. Online education is cost-efficient and less time-consuming as it has increases numbers of graduates over the past few years.
Since online education had been implemented after the birth of Web 2. 0, it had raised several doubts among us whether the online courses were offered by accredited online universities. There were indeed several fraudulent cases such as getting fast certification within short period of time. Today, there are several business schools which offer fast MBA course within four-to-five months. If you think you are capable to handle stress within this short duration of study, just go ahead with it. As long you are fully prepared, short duration of study is not become a issue for you.
I strongly advise that you need to be fully prepared even though you are under full-time employment. If you could not cope with the hectic schedules between work and study, it is preferable that you take a longer duration of study. Averagely, this online degree program only lasted between one-to-two years. Remember; make use of the time to review on what you have learned. Therefore, you must always allocate more time for revision.
Online MBA indeed is more expensive than conventional study mode. It is worth the investment if you want to hasten up the learning process. You might need to pay higher tuition fees for fast online degree program.
Please do not misunderstand that getting a fast degree means it is a shortcut towards a successful career. Adapting to the world of business needs more time and effort in order to have a successful career. In this case, fresh MBA graduates will have to undergo an internship – as it may be included in your study program. Internship is important as you can accumulate real life experiences in certain business fields. Excel your studies with great exposure of the challenging environment of business. This enables you to look at different perspectives of achieving your personal goals.
Filed under TOP MBA
for Entrepreneurship and Innovation (IEI) was recognized as having one of the top 25 graduate entrepreneurship programs in the country. This marks the first time Bloch has been ranked in the top tier of entrepreneurial colleges and business schools. The announcement was made by UMKC Chancellor Morton at a special event today. The seventh annual ranking reveals the nations top 25 graduate and top 25 undergraduate programs for entrepreneurship. Blochs ranking can be seen at www.entrepreneur. …
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In today’s business world, the needs for highly qualified people in terms of academic qualifications are increasing among the employers. As a result, more and more people are looking for continuing education programs to equip themselves with the necessary skills and knowledge. Currently, online MBA is one of the most popular higher learning programs. However, one important question arises here. Are online MBA programs truly well accepted by majority employers in the employment market? Are all the certifications internationally recognized?
In the point of view of many employers, online MBA is not as efficient as the traditional MBA degree as there is no face to face classroom interaction between students and lecturers. The employers have less confidence on the e-learning system which provides too much of flexibility and freedom in obtaining knowledge. They also have doubts on the course content, syllabus as well as the learning outcomes. They would rather prefer corporate training programs which focus on skill enhancement.
A recent study by the Association of Masters of Business Administration has indicated that the online MBA certifications are only taken seriously by the employers if they are from highly rated business schools. As a result, it is really important for you to find out whether the certification obtained from the online business school is well accepted by the employers. Checking the ratings of the certifications in the employment market is a MUST. If the certification is not recognized, it is totally no value for you when you present it during interview or for job promotion purpose in your current company.
Until today, there are still many employers who don’t really know how online MBA works. This causes them to have low trust on online study. The success of online learning needs some time to get it proven.
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www.studiesandcareers.com – Business schools London allow degrees in Business Administration. They teach topics such as accounting, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource management, and quantitative methods. … “business schools london” “study marketing london” “jewellery design courses” “fashion design courses” “interior design courses”
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Business Ethics can be defined as the study and evaluation of decision making by businesses according to moral concepts and judgments.
Ethical issues range from a company’s obligation to be honest with its customers to a company’s responsibility to preserve the environment and protect employee rights.
Ethics includes the need to produce a reasonable profit for the company’s shareholders with honesty in business practices, safety in the workplace, and larger environmental and social issues.
Business ethics calls for an awareness of social responsibility and this includes addressing social problems such as poverty, crime, environmental protection, equal rights, public health, and improving education.
Many multinational corporations operate in countries where bribery, sexual harassment, racial discrimination, and lack of concern for the environment are neither illegal nor unethical or unusual – all are the examples of Business Ethics.
Government efforts to encourage companies to adhere to ethical standards include President Clinton’s Model Business Principles (1995), in a program overseen by the Dept. of Commerce.
It has been wrongly assumed that the key to better behavior is modifying character.
The key to wrongdoing is much more likely to involve faulty ways of thinking about certain behaviors, namely thinking about them in ways that “neutralize” them, morally, effectively exempting the wrongdoer from moral blame.
Thus it’s not wrong in claiming that virtue cannot be taught.
While business schools have excelled at producing graduates that demonstrate competence in engineering investment products based on complex mathematical models and implementing students exceptional ability at marketing and optimizing productivity, little has been done to enlighten the student as to how to use his/her acquired intellectual virtues in a manner which promotes morality.
Although students leave the university environment excelling with intellectual resources, there is no attempt being made to demonstrate how these attributes can be used to habituate excellence of character.
Business schools tend to minimize their responsibility to indoctrinate students with a sense of moral obligation or a proclivity towards the pursuit of moral excellence.
It is the connection between intellectual virtue and moral virtue that business schools have to differentiate in order to truly enlighten the student with intuitive reasoning and philosophic vision.
The intellectual virtues acquired are a consequence of teaching and can only blossom through experience, whereas moral virtue is acquired by habituation.
The intellectual virtue helps in choosing good understanding, practical wisdom and good sense—resulting in judgments that are fair and equitable.
Intellectual virtues are required to allow for the habituation of moral virtue which in turn facilitates actions that are aimed towards attainment of an end which all of us in family business have in common — happiness.
Yes, ethics can be taught in a classroom, if the school/university, professor and the students adopt a practical approach, in preference to a philosophical one.
Visit www. familybusinessbattleground. com for more ideas on Family business.
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Judith asks her panel of business school admissions experts about the GMAT. Your GMAT score will help determine which business schools you may be accepted into, but what does the score really mean? To what extent is your GMAT performance an indicator of success in business school? How much does it “make or break” your application? See more at www.bschooltalk.net
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For nearly 40 years, Rotterdam School of Management, Erasmus University has firmly established its reputation as one of Europes leading business schools. Long before global became an important descriptor for business education, RSMs students, faculty and staff were already reflecting the diversity of the globalising world. Just like our host country, one of the world’s renowned international trading nations, RSM has continued to expand and internationalise, cementing its status as one of …
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This article has been written as a personal opinion in response to the viewsof Josh Kaufman’s “Personal MBA Manifesto”
The Personal MBA (PMBA) movement The Personal MBA Manifesto Starts with the following catchy phrase that will probably make everyone reading nod and assent by the time they finish. “You wasted $150,000 on an education you could got for a buck fifty in late charges at the public library. ” – Will Hunting (played by Matt Damon), Good Will HuntingThat kind of summarizes very well the core ideas behind the Personal MBA (PMBA from now on). There is no need to go to a Business School and pay a lot of money for knowledge you can get your hands on for a couple of hundred dollars of books in Amazon or at a public library. The idea is very simple and maybe that’s why it was so successful: Self-education can be applied to advanced Business knowledge. Some reasons why I think it just won’t workIt might be a good idea for the PMBA followers to watch that movie again and remember one little detail. . . In the movie, Will Hunting was a genius, not a regular guy. We’re not stupid, we all know that you can go to a library and get all the books you’ll find in an MBA (or any other kind of education) so Why doesn’t everybody rush to do that ? The reason is that we average people (meaning by average not geniuses like Will Hunting) just don’t have the capacity to learn that much by ourselves. We can go to a library and read an entire book but the takeaway we’ll get from it will probably be much less than if we learn that in a classroom with teachers and other students. Maybe. . . just maybe. . . that’s why our entire educational system (not just Business Schools), from elementary school trough University has been working that way for hundreds of years. What I’m trying to say here is that I’m not against self education in general, but in my opinion, it only works if certain conditions are in place. First, it only works for topics like mathematics, physics or other exact sciences. In general any knowledge where you don’t need interaction with other people; any knowledge where you only need to acquire given theories and learn how to apply them. You could be locked in a room with tons of books about algebra and learn a lot but . . . Could you do the same if the subject was how to manage Human Resources? Do you imagine self studying psychology? Medicine? Or any other kind of knowledge where interaction with other people and learning from experience (not only books) is absolutely necessary? Well Business Skills is surely one of them; therefore self education in my opinion doesn’t apply. Secondly yes, in these kind of subjects if you’re really smart you don’t need a teacher at all. But just like in the movie, it only works for extremely intelligent people that can learn just by reading a book and don’t need anyone else to explain them what they don’t understand; don’t do tests and don’t have someone else telling them what they did wrong and on which areas they need to improve. For average people, it just wouldn’t work. . . sounds great, but just wouldn’t work. HUMBLENESS books are not on their reading list. . . Another very important abstract from the manifesto is the following:You’re not forcing yourself to learn something because someone else tells you it’s important: you’re learning it because you know it’s important and you value what you’re learning. It’s of extreme arrogance to think that you might be able to know what’s important to learn and what’s not. Do you really think that you know what’s important in the Marketing world, more than, for example, someone that has 20 years of experience working for Procter & Gamble? If you do, then the PMBA is your thing. For me the answer is Of course not !! It would be extremely arrogant to think that way but that’s exactly what that phrase is implying. How come you know what’s important and what’s not? Or better yet: How come you know what’s important to learn and what’s not without a discussion with other intelligent people?Final thoughtsYes, It might have been something that started just as an article and became a way of life for its author Josh Kaufman, and I would guess a pretty decent source of income for him but besides that, I don’t think it should be taken more seriously. Education isn’t a list of books to read, is much more than that. We need interaction with other people to learn, we need to discuss, we need different views from people with different backgrounds coming from different countries and we need to learn from personal experiences as well much as we learn from books. And finally, we need experienced people to moderate these discussions. This is what a real full time MBA gives you and a PMBA will never give you. This, in my opinion is real learning, not just a reading list and wishful thinking.
UPDATE !
THe author of PMBA replied to this one, my original post. You can read his arguments and my reply here “My reply to Josh Kaufman on PMBA”
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