The Issues of Masters of Business Administration (MBA) in Finance and Marketing Introduction The field of business has been undergoing various changes over the past decades. Projections onto the future of business propose on the increase of business students with baccalaureate degree to have increased to eighty percent by 2020. It will also see on the doubling of business students with a MBA and doctorate degrees that will ensure that they have been engaged on lifelong learning. This has required on one to constantly increase their level of education that will allow them to effectively compete in the current job market. The entry level for the Masters of Business Administration program requires that there is a transition of education programs from the Business Administration degree major to the Masters of Business Administration (John and Ilan, 43). For one to join an MBA degree program they are required to have Bachelor degree in Business Administration or its equivalent in the business specialized field that will ensure the person has the right credentials to validate their technical prowess. Some of the admission programs …show more content…
This is turn helps to develop their personal and employability skills. The knowledge gained from this MBA degree is aimed at improving on one’s skills as well as adding value to their work experience placement. The growth and maturity gained from studying the degree program will act as the foundation for the knowledge gained. The knowledge gained from the degree will help one to gain useful insights in the application of the various ethical perspectives and concepts posed by ethical situations. The knowledge gained will help me in considering on the implications and the reasons for the application. It will also serve in demonstrating on the understanding of the various cultural differences and the reason of respecting differences posed by
Introduction. Higher education and private business have much in common. They use resources to produce a product for a defined client base. They are led by individuals with vision, passion, and leadership for their organizations. At their heart are dedicated people that make up the organization. However, there are also many differences, especially in making these organizations work well.
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
Education has always been a primary concern for my parents, who taught me that if I need to succeed in life, I have to be educated. Following their guide, I have always valued and tried to get the most of any educational opportunity I have had. Having grown up in a business family, I have always been interested in focusing my career in the business field. My Mother and Father own their own company, and they are constantly talking about business, which has inspired me to follow their path. When my parents retire, they want me to carry on their legacy. For this reason, I have decided to pursue my studies in the field of Business and Leadership at Marylhurst University. I want to pursue a well-rounded education at this established university where I also can have life experiences in the outside world, which will ultimately help me to become a successful leader in our family business.
I am ready to begin an educational experience at Olin Business School that will provide me with the business knowledge I lack at this point in my career in order to shape my future business career and succeed in the financial field. I am confident that my professional experiences reinforced by the personal dedication, hard work and business ethics I have built in the last five years have refined me to seek a superior education from Olin. I am very excited to be able to challenge myself by setting my professional goals very high knowing that an MBA from Olin will undoubtedly help me to reach my short-term and long-term goals and support me to prolong my passion throughout my career.
Finance is a field that had always fascinated me right from my undergraduate college days. What make me interested in this particular field of study are the art of finance and the complexity of investment market which would allow me to employ my personal skills, such as analytical and communication skills, along with my personal characteristics such as dedication and compassion for what I do. As one of the most important sector in the world, I believe it would provide me with a broad range of career options.
After almost three years at Bernstein, I am once again seeking career advancement. My education and work experience have provided me with an excellent introduction to business, and they have sparked my interest in finance. Taking into consideration my foundation and my interests, graduate business school is the next logical step. At this point in my life, I consider a Wharton MBA to be necessary since I need to gain a broader understanding of finance and to sharpen my analytical skills in order to be successful in corporate finance. Wharton's MBA program will allow me to concentrate in finance, strengthen my global business perspective, and provide me with the opportunity to study with and learn from people with varied backgrounds. The school's location in the financial capital of the world and in one of the most diverse cities in the world also suits me perfectly.
I develop and deliver technical solutions to collection of applications used by retail giants across the globe. My responsibilities have given me scenarios to put on my problem solving and interpersonal skills in real life situations. Frequent interactions with client aroused in me, an urge to get into a management consultant role. But, with time I realized that I have to upgrade my skill-sets and make myself more relevant and attractive to the job market. I also realized that I have to diversify my aspects of management such as leadership, entrepreneurship and finance etc. and Broad MBA will equip me with these skills and will increase chances of succeeding in my goals, manifold. After accomplishing virtuous knowledge of IT industry, I believe that Broad MBA program will help me learn more about business problems drawn from real-life scenarios and prepares me to take the next step toward career success. I believe Broad is more than just a place to learn. Through Broad MBA, I will not only shorten my learning cycle but also get a chance to learn from world class faculty, established curriculum and diverse peer groups. This innovative pedagogy will help me put the big foot forward towards my goals, build a professional and personal network and edify me as where to look for information and how to interpret it, when required. The Broad is well respected for the quality of its program, which has been recognized for its cutting edge design and delivery, with rankings that indicate its place among the top tier programs around the world. It will help me create a unique learning experience and it will be my passport to new world of opportunities. While global economic vagueness make me, insecure but I believe that now these challenges wil...
Further in the paper we will look at the benefits of undertaking MBA program including: better career prospects, opportunity to gain not only theoretical knowledge, but also listen to experience class mates.
It had been very difficult to start out in the world of Business Administration as a student during this rough economic time. Many students have had a difficult time getting involved in the business world due to the low demand in jobs and internships. This is a big issue because it does not allow students to understand the real conflicts and agreements that have to be made day by day in the business world. Another thing is that it also limits their views to understand this same world.
Having worked in a constantly evolving sector of the economy, I realize the value of an MBA weighs heavily on a program's commitment to staying ahead of the curve. Although the classic lecture format has undeniable value, I believe for an MBA program to truly further my career, it must have something more. My career path has exposed me to many different aspects of the business world and I believe an MBA program should likewise consist of a myriad of course work and experiences. Since an MBA program will provide the building blocks for my career, I view an innovative and modern approach to learning as a necessity. Looking at traditional MBA programs that consist of marketing/finance/accounting fundamentals, I find the approach at your program to be much more expansive. Supplementing these essential classes with core courses in communications, organizational processes, and strategic management, makes your program broader than any other MBA program.
My long-term professional aspiration is to enter the field of international management consulting. A MBA from your school in interdisciplinary studies will enhance my understanding of all aspects of business. This will contribute significantly to becoming effective in the consulting profession. I am extremely enthusiastic about the future of International Business. I believe that there are major breakthroughs yet to be made in the field. After completing a MBA in your school, I hope to gain practical experience and exposure with a major international business firms. Eventually, I wish to establish my own consulting company providing various financial and managerial services.
I am very interested in studying a business management course with the addition of legal and financial studies. From a young age I have always had a keen interest in monetary matters and have also been intrigued by legal systems and how they work. I feel that combining one or both of these interests with business management will give me a sound footing to launch a career from in either legal or financial business sectors.
...leadership, teamwork, ethics, and communication that are essential for effective & efficient management. Since MBA Program attract people from very diverse industries and cultures. A program should be able to leverage these differences and translate them into learning opportunities. I also expect first year curriculum to provide the basic courses which can help to build sound base for required courses in Finance specialization.
In my degree plan, I realize that I will have to complete my general education classes including English, math, science, history, and the humanities. These classes have the ability to prepare me for the rigorous work that I will face within my core business classes. Program requirements vary based on each institution’s own specific curriculum. However common core courses in business administration programs are mostly centered on financial accounting, business law, economics, finance, organizational behavior, business management, marketing, human resource management and operations management . Through research of my career path, I realize that a Masters in Business Administration would be even more useful because it has the potential to attract potential investors. Median yearly wages for people with Business Management degrees range from $46,00-$115,000 . The duties of owning a fashion boutique include managing the daily operations of the store, all finances, and maintain the vision of the store
Thus the reasons why I want to go back to university and do a MBA to get myself a thorough business background to understand not only my career experiences but other students as well and put them in to business context and have a holistic view of the organization. The knowledge I will gain should help facilitate a career change. After extensive work in high tech LNG shipping industry, I want to transfer to shore based industry.