Tag: MBA

Can an MBA enhance your entrepreneurial skills

The Association of Business Schools’ latest -Tomorrow’s MBA’ research into what prospective MBA students are looking for has found that there is an increased demand for entrepreneurial skills.

Entrepreneurship is not new to the MBA, but for many years the focus for many MBA students, both full time, executive and Distance Learning MBA, has been banking, finance and consulting. The report argues that the era of entrepreneurship as a dominant feature of MBA education has arrived.

1. Why is there a growing interest in entrepreneurship education amongst MBA students?

The report suggests that this may be explained in part by the impact of the economic downturn on the job market, and the declining number of jobs in banking and finance. I believe that this is complemented by the growing importance employers are giving to the entrepreneurial potential of appointees in their recruitment processes – even in public sector organisations.

2. Can you teach someone to be an entrepreneur?

Can we ensure that a new Alan Sugar will emerge among MBA graduates of Bradford University School of Management? Many believe that entrepreneurship is an inherent personality type and not a teachable skill. Interestingly however you never hear the question: -can you teach someone to be artistic?’ ie. can Oxford University ensure that another Salvador Dali will emerge among graduates of its Fine Arts programme?

Entrepreneurship requires certain innate skills but they are skills that most people already have which just need to be nurtured.

3. What can Business Schools do to support entrepreneurial behaviour through their Full Time, Executive and Distance Learning MBAs and other programmes?

The question of whether you can teach entrepreneurship can be viewed as wrong. Increasingly people are convinced, as entrepreneurship education grows of age, that there are many things we can and are doing to support entrepreneurial behaviour. These include

providing students with an understanding of creative thinking processes as well as the ability to use contemporary creative thinking techniques

enhancing the ability of students to identify and map out opportunities, that will enable them to act entrepreneurially not only through business start-up but also within existing organisations

developing skills in functional areas of business (such as finance, marketing, operations and technology management) that are essential for the realisation of entrepreneurial ideas

advancing the leadership attributes of individuals, so that they can articulate their vision and secure the buy-in needed for the realisation of their entrepreneurial ventures

So, to go back to one of the earlier questions: can we ensure that a new Alan Sugar will emerge among MBA graduates of Bradford University School of Management? No we can’t. But can we guarantee that MBA graduates from our School are creative, enterprising, trying to identify opportunities, and possess the skills needed to exploit these opportunities.

Many MBA students and alumni will have stories about how they have used their entrepreneurial skills to further their careesr as a business owner or employee.

New Age Education – Online College Education

With the fast paced life, it has become difficult for everyone to pursue higher education as it involves great amount of time as investment apart from the huge fees the education institutions charge. The most effected ones are the female group as they leave their education mid-way and concentrate completely on raising family. Men, irrespective of situations pursue their education and look out for a prospering career. Online college education is one such opportunity for all those who would like to earn their degree while they earn. Yes, with different colleges offering the opportunity to study online, you can now earn the degree that you always wanted to have without sacrificing your daily activities. An online college classes does not ask for a person to attend classes. All you require is a computer with internet connection. You can then connect to the college through the website they provide with login details. The login details are provided to you once you have enrolled with the college. All the course materials are available to you in the website which you can download and study. All the faculty members are also available for assistance to clear all your doubts as and when you require. There are even chat room sessions where you can contact the faculty directly with different students present asking questions and clearing their doubts. There are many online college education providers who offer you online degree in different streams. You can choose the one among them and start your education. But, before you join any of these colleges, you will have to follow certain guidelines that will help you choose the best online college. The basic and the foremost important thing that you will have to check out is the accredited certificate. Accredited online college offers courses which are certified by the education department and the degree offered by them are valid. The second factor is the establishment year in which it has started as this will offer you complete access to library, faculty members, placement options, chat rooms to discuss subjects, online assignments etc unlike for an upcoming college which slowly develops the system. The best part of the accredited online college degree is that you can complete the course at your own pace and can write the examinations at your convenience.

The last few decades have seen unprecedented growth of the technology industry. Companies, especially multinational companies, are aggressively pursuing dreams of becoming global entities. Coupled with multiple sectors, which were unheard of earlier, are opening up all over the world and employment opportunities are springing up with hundreds of new jobs being created every day. With the growth of all businesses, technology has advanced and brought Internet access to each and every home. Mobile technology as well as broadband is able to keep you connected to the world at all times even while you are traveling to a remote part of the world. What does all this mean for all of us today? It means a whole new world of opportunity has opened up. These days we don’t need to spend twenty-one years of our life dedicated to education alone and miss out on other experiences. Today we can complete high school education and take on a job at any of the Multinational companies at entry levels. Further career growth can come out of completing higher education and acquiring required skill sets. This is where online college education courses come in handy. Instead of spending three to five years pursuing a course at bachelor degree level, you can continue to work and pursue online college education degree course from one of the accredited universities. Further more, one can take up Masters in any subject with the same route of a traditional college degree Online college education helps you complete your education while you continue to earn. It helps you to take up studies at your own pace and from the comfort of your homes. The course contents and syllabus remains the same as any regular course. Lecture notes and assignments can be downloaded online and submitted online. This eliminates the need to attend any practical sessions or workshops. Unlike correspondence courses, online college education degree is an interactive one where a virtual classroom can be set up. Every student is connected to his classmates and can interact with one another on chat. Faculty is available online to help anytime. Worried about finances? Online college education courses are eligible for easy finance schemes and scholarships. You can choose the option that suits you best. The ideal thing would be to check out if your employers have any schemes to sponsor employee education or provide education loans. Many corporations invest in their employees to upgrade their skill sets. Online college education from an accredited institution carries the same value as a normal university degree. Fast track options are available in certain courses enabling you to complete the course in shorter period of time. Many students are known to take up technical courses and pursue side by side their online college education course. No matter which technical diploma or certificate course you take up, basic degrees as a qualification adds value to your resume. You can follow this up with an online MBA degree course at some future point of time and plan a career path on the basis of your qualifications and experience.

Importance Of Business And Management Education

Business and management Education have been taught in professional institutions of higher education since prior to the turn of 20th century. Recently, the need for highly qualified managers has eventually risen up with increasing complexities in the corporate world and new unpredictable situations arising at a considerable rate.

Corporate world has grown and transformed magnificently in the last decade or so, with new and innovative methods being developed for communication and other business processes, the business has crossed the physical borders and has reached millions of people worldwide. In such scenario, having an efficient management system that is able to handle such diversities and still come out with considerable amount of profit.

Management education has witnessed explosive growth ion the recent past and MBA is now the most sought out professional degree in the world that almost every working professional wants to i9nclude in his/her CV. The benefits of proper management education are measurable, impressive and are well evidenced by concrete examples.

Management education has shown its vast importance by having a changing impact on each of society, individuals, and organizations. A Task force was recently formed by an international committee to study such impacts on each of them.

Management education has worked and we must embrace this conclusion and work collectively to ensure its inherent value is clearly articulated. Management is a must in todays life and so many have benefited from properly pursuing a suitable management course to enhance his/her career.

Thus, there is no doubt that the practices of business has contributed widely throughout history To our quality of life Successful business enterprises have led the way in creating economic development and innovation, technology, and prosperity with holding great relationships among the employee, employers and customers which is a key factor for any organization at any level of execution of operations.