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If you are looking for a kick-start to your career or planning your future prospects, chances are that you might be considering an MBA degree. Whether you need to improve your earning potential or choose a challenging career that will keep you excited over the years, an MBA is the right choice. But for many, pursuing an MBA degree might not be possible due to lack of time, other commitments or even financial constraints. As a solution to all these problems, an online MBA program is your best bet. An online MBA degree will allow you to study at your own time and pace, work part or full time throughout the program, earn while you learn and is also relatively cheaper than other traditional MBA courses available. All you need is a computer and an Internet connection and you are ready to begin.
But, you will soon realize that there are several online degree programs available and choosing the correct one for you can be quite a tricky process. There are certain things you must check out before enrolling for an online MBA program and these include:
To make the most of your online MBA programs, you also need to understand the differences between a traditional MBA program and an online program. While the curriculum offered by the two is normally the same, online MBA students spend most of their time not in class but studying the same course material independently. Online programs provide a variety of teaching methods such as lectures, reading lists, assignments, online forums and discussions, video tutorials, one-on-one sessions with faculty and even podcasting. Exams will be conducted routinely (often at pre-determined centers near your locality) and assignments need to be submitted regularly so as to fulfill credit and course requirements. An online MBA is in no way easier than a traditional one and in some ways could even demand more of you in terms of discipline and effort. Finally, as an online MBA can be completed in a much shorter frame of time as compared to the normal four years, the earning potential and possibility for career advancement is also quicker as a result.
Choosing an online MBA program is not a decision to be taken lightly. Accredited Master of Business Administration (MBA) programs require a great deal of hard work, time, and effort. But, with the right attitude, an online MBA could be the perfect way to break into the world of business and improve your chances of success.
If you are looking for a great career, you may want to think about business school. This is an amazing opportunity that will get you where you want to be in life. You will have a great time and you can enjoy the fun and the excitement of being very professional in your lifestyle. You will want to make the most of your life and you can achieve this goal when you have the right amount of effort going into it.
There is nothing better than making the most of your ability. When you have a lot of drive and a lot of will to do something great, you can achieve the best goal in life. Finding out what you want to do is not always easy, however when you have someone in life to start, you will find it to be a lot easier to get where you want to be. Business school is an amazing opportunity. You will see that you can be a high power business professional when you have the right training. You can make your life what you want it to be with a great school backing you up. Getting an education in the field that you want is something that will make you stronger and go after the goals in life that you have. You will not regret for one minute the power that you have when you get the best education that you can.
You will see that there are different schools that you can go to. You will want to do your research and check around to see what is going to be the best place for you. You may have to put some time into the search, but you need to be sure that you are choosing the perfect school for you and your education. Going to the right business school degree may take some hard work.
You will have to be willing to go the full distance when you are trying to achieve those goals that you want in life. You will see that you can be someone great with a fantastic job when you put your mind to it. Succeeding is not going to difficult when you are sure that you can do it. When you are serious about your life, you should think about the major that you want and attending business school may be the best choice for you and your goals.
In the modern economic scenario all over the world- “Management” – as a stream of education and training has acquired new dimensions. Management is an exciting field where you can have an immediate impact on the operations of any business. The field of Management is dynamic in nature. New tools and techniques are continually being introduced to improve the efficiency, productivity, and profitability of any organization. All organizations and their departments, functions, or groups use Management methodologies, which include problem solving techniques and guidelines for various related activities.
Education in management should have mainly following aims:
• Increase the understanding of the factors which influence the conduct of organizations
• Provide students with the tools and techniques which they may use to influence organizational life. Influence the economy in general
A modern day Business Managers are required to have proficiency in:-
• Functional knowledge of a business organisation
• In-depth knowledge of minimum one discipline of Management.
• The ability to adapt to new environments at micro and macro levels
• Problem analysing and solving.
• Inter-personal skills.
• Knowledge of functional interdependencies and adaptability.
• Communication skills.
• Self-confidence and motivational skills.
• Drive to succeed and control with initiatives.
• Entrepreneurial Skills
• Man management skills
Definition of Business Schools
A business school career is normally a university-level institution that teaches topics such as accounting, finance, marketing, organizational behaviour, strategic planning, quantitative methods, etc. These include schools of “business”, “business administration”, and “management”. It must also make students aware of the application software such as ERP, POS, Simulation, SCM & logistics. In addition to this they must also get to learn of the actual running of an enterprise. A business School is an entity by it self and can not be run as a department of a technical school now. Business school must have a branding and that can come from the quality of teaching and their richness. The alumni bring prestige to the school. Placement is a sequel to quality of teaching staff and education provided in the school.
Nature of Management Education
Management education cannot be compared with studying other subject areas like chemistry, physics, mathematics or law etc. Management education can rather be compared with medicine. No doctor is allowed near a patient purely on the basis of theoretical knowledge. Doctors learn the professional skills by acquiring the practical knowledge that is taught by practicing doctors and hence they become experts in diagnosing the real physical condition of patients. In the similar way, in a business scenario also you have to do things, take decisions, take actions, and monitor results. You cannot operate any business by just planning what to do on paper. Planning is, though an important step in the process, there are many examples of businesses with excellent plans having failed because of non implementation of proper ideas. Management education should actually supplement on job training being given by the companies to the management trainees. It should also develop the analytical skill and improve the ability to assimilate complex external and internal factors influencing an organisation.
Who should teach?*
“People who know about business techniques and can teach business management should be involved in running such institute. First of all, the faculty is envisaged to be a special breed of people. They not only have high academic qualifications, but are also Masters or Gurus of the ideas they are discussing, “What we are doing right now” is the keynote among management students but, the thing which really makes a faculty special is the ability to teach and communicate in a very effective way.
One of the important things these people understand is that very few business situations will fit the textbook examples. The comparison with medicine is again valid. Each situation can be described as unique, requiring its own unique solution. To be able to do this, one should be able to analyze a situation, examine various alternatives and come out with solutions to solve the particular problem being faced or to achieve organizational goals.
A qualified faculty understands these situations and can correctly incorporate them into the learning process. Business today is global. Even the smallest company is affected by happenings outside its immediate geographical boundaries. Medium and large companies are automatically involved in cross-border business.
The businessmen and women of today need to understand this, and, where necessary, to be able to exploit the situation. It is not possible today to teach domestic business and global or international business as separate subjects. In the real world of business, few people can be expected to solve a problem themselves. The value of multiple inputs in reaching a better solution is widely understood.
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Even after 100 years of genesis, the importance of management education is ever increasing. From the humble beginnings in the US at The Tuck School of Business (founded in 1900 as part of Dartmouth College) that conferred masters degrees in commercial sciences – the forebearer of MBA – the spectrum of MBA education reached all most all the disciplines but for that of pure sciences. Today 500,000 people around the world graduate with an MBA per annum and a large number of institutions teach their own management class within global business. So what do they teach in an MBA course? The two years MBA program hone the managerial skills by providing a broad understanding of all functional areas of business management — finance, marketing, operations, HRM and a grasp of strategy. The beauty of the curriculum remains in the fact that it is collective wisdom of what uncountable number of people has learned over several decades in running businesses across industries. And this curriculum at any B-school abbreviates the learning period of a student.
And how do they teach? Upon experimentations with various methods of teaching, the MBA faculty concluded that case study method of teaching is the effective one. Case study method of teaching, barrowed from medicine and law, is intended to focus on a real-time corporate situation (or a business dilemma) and stimulate discussion on various approaches to find a viable solution. The case studies, however, are not meant to be judgments on the company, involved in the case, nor does the faculty, handling the case, profess to offer ideal solutions. It is merely about discussing all the possible alternatives to solve a business dilemma and figure out the viable ones.
Where do you find these case studies? Well, www. ibscdc. org is one place to find the finest management case studies. Already being Asia Pacific’s largest repository of business management case studies, IBSCDC, keeps on improving the content to make it better suited to a typical classroom and in this endeavor the latest addition is the course case maps. IBSCDC’s case studies are mapped for all the major courses, in MBA curriculum in accordance, with a standard course syllabus of a globally accepted text book in each course. Each of the course case maps comes with a unique course case pack (CCP). Each course case pack consists of: case studies, structured assignments, teaching notes, video interviews, video case studies (executive briefs) and effective executive interviews. IBSCDC also won a few awards in international case competitions.
Download mba course case maps here
http://www. ibscdc. org/casemapping. asp