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Masters of Business Administration MBA
The Master of Business Administration (MBA) is a master’s degree in business administration. The core courses in the MBA program aim to introduce students to the different areas of business like accounting, marketing, finance, human resources and operations management.
1,462 Questions
What does the term MBA degree mean?
It can be Master of Business Administration, which is a business qualification or masters degree in business administration. It can also be Membership By Application, often used with reference to discussion boards on the internet that are private, and to which you can only get access by applying to those running the board.
What are the 8 stages of communication process?
The eight stages of communication process are stimulus, ideation, encoding, reception, decoding, understanding, and action. These are all needed for effective communication between two or more people.
Strayer University Online Courses?
Strayer University offers over 100 online degree programs. Online degree programs are available both on a stand-alone basis and as part of campus programs. While online programs are widely available, offerings may vary depending on the student's location and some programs are tailored to specific state requirements. The university's campuses are located across the southeastern United States from Texas to Pennsylvania, with several in the Great Lakes region and a single campus in Utah. Strayer was founded in 1892 as a small business college. Today, the university is owned and operated by Strayer Education Inc., which is a publically traded company that is listed on the NASDAQ stock exchange.
Strayer focuses on offering education for working people seeking career advancement. The online school has a broad offering of degree programs, ranging from associate's degrees to master's degrees, and including undergraduate certificates, undergraduate diplomas and executive graduate certificates. The main focus is on business, with programs in accounting, administration, management and finance available at most degree levels. Information technology is a secondary focus, while smaller programs are available in public and health services administration, criminal justice, education and economics.
In both business and information technology, Strayer's online program offers many different routes for adults to upgrade their education. Both subject areas offer a full range of programs, from undergraduate certificates to master's degrees. Information technology programs are stronger at the lower end of the spectrum, while business programs are stronger at the higher end. Both areas also offer specializations in many high-demand and popular subject areas, such as entrepreneurship, project management and retail management in business and web development, security and networking in information technology. There are also degrees in more academic business subjects, such economics and international business.
Like most universities, Strayer University offers a full suite of services for students seeking financial assistance. Recently, however, the company has been subject to shareholder lawsuits and investigations regarding disclosure about its recruiting practices. Further information about the school's programs is available at strayer.edu, while financial information regarding the company is available at strayereducation.com.
- Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options.
- A Masters of Business Administration (MBA) can help you move up the career ladder at a large corporation significantly.
- Besides the education you get in accounting, finance, management, operations, etc., you will build you business network. Plus, graduating from a prestigious MBA program gives a very good first impression.
- "Master of Business Administration"
- An MBA is one of the most coveted postgraduate degrees today not just for business professionals, but for college graduates in general. Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. Being an official Master of Business Administration is also an attractive endeavor for professionals outside the industry because the program touches different fields and sectors. Overall, MBA training is a valuable asset regardless of the career path chosen by college graduates.
- An MBA is a Master's in Business Administration. A full-time student can earn an MBA in 6 years.
- I do not recommend getting an MBA unless you want to be like everybody else. Major in something unique and employers will notice you. A master's degree in History or English will make you shine more than an MBA.
- An MBA is a Masters in Business Administration. It is incredibly helpful ,and often required, of executive officers of large and even some small companies.
- The higher the degree the more marketable you will become. Whether it's worth it depends on your career goals and objectives. If you wish to pursue areas of management (especially in the corporate sector) then yes, it would be worth it. Still, the Masters degree will also open new areas of opportunity for you. If you plan on being in the work force for some time, its worth pursuing higher levels of education.
Why an MBA
The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.
- Skills
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
- Networks
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
- Brand
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
- An MBA program strives to equip its students
I have applied for the MBA program in U21, as it is the next indispensable step in my career.
For many purposes, an M.B.A. is the fastest road between where we are now and where we want to go in this competitive environment.
- Career Advancement or Career Change
You may want to gain a position of greater responsibility in your current field. Or you may want to switch from one area of business to another-from marketing or sales to strategic planning or finance, for example.
You could be looking to change your career path altogether. Using an M.B.A. to switch career focus is a typical strategy. Many people seek a management position after acquiring expertise in a different field altogether-such as nursing, teaching, performing arts, or engineering-because they want to shift to a management position in their area. An M.B.A. can help you make a major break or leap in your career path-with a concomitant leap in income.
You may aspire to an area that "requires" an M.B.A. as an entry. An M.B.A. signals a prospective employer that you've got the knowledge and skills a demanding job requires, as well as persistence, energy, and even time-management skills to handle it.
- Specific Management Training
Obtaining specific management training and expertise is another common reason for pursuing an M.B.A. Although the M.B.A. is a general management degree, most programs provide opportunities to study one or more areas in greater depth. Investment bankers typically concentrate on finance in their M.B.A.s, for instance. But if you have a very singular focus on a particular field, you may want to consider some alternatives such as a specialized master's program, course work as a non degree student, or non university-based courses, seminars, and workshops.
If you need to learn something about a few specific topics, consider an executive education program. Typically conducted as workshops or seminars lasting from a few hours to several days, an executive education program may provide the training you need.
EMPLOYABLE SKILLS GAINED BY MBAsThe transferable skills derived from study for an MBA include the following:- Academic achievement: demonstrates application and high standards of performance;
- Communication skills: listening, speaking carefully and clearly, the ability to put across your arguments fluently in writing;
- Analysis: distinguishing relevant from irrelevant information, identifying issues and problems;
- Commitment: seriousness of purpose, demonstrated both by taking time out from your career on a reduced salary (or no salary) in order to improve your qualifications and by combining work and part-time study;
- Practicality: realism, ability to set attainable goals;
- Maturity: tenacity, independence, organization;
- Decisiveness: fact-finding skills, clarity, judgment, courage;
- Intellectual creativity: the ability to develop new concepts and ideas;
- Capacity for hard work: embodying self-motivation, self-discipline and time management;
- Group skills: teamwork, leadership, ability to motivate others;
- The mastery of IT skills: knowledge of statistical packages, spreadsheets, databases and programming languages;
- Cross-cultural awareness: working with fellow-students from many different nationalities and backgrounds.
In addition to the skills outlined above you are likely to have developed the following skills to a high level through an MBA and through previous employment:
- The ability to overcome difficulties and to solve problems;
- To be independent and to have developed the skill of managing your own time and work;
- To be capable of original and creative thought;
- To argue your case with logic and not to be easily dissuaded by the views of others.
Having an MBA not only gives you more leverage in dictating new job titles and salary, but also gives you leverage in achieving a better balance between work (read: fewer hours working) and life outside work.
- To become a manager or a better existing manager.
- Earn a better salary.
- To develop better critical thinking skills.
- To sharpen strategy and tactical skills.
- To develop appropriate leadership skills.
- To broaden ones scope.
- To learn and develop strategic thinking.
- To analyse organizational methods and procedures.
- To enrich ones life.
- To take on more responsibilities
- To expand ones network
- To step to a higher level within a career
- To learn approaches to solve real life problems.
- To increase motivation.
- To increase performance.
- To learn to use power appropriately
- To learn the art of influencing people
- To become more marketable
- To learn negotiation dynamics
- To learn the methods for building energized teams.
- Develop managerial competence.
- To develop a global mindset.
- For personal development.
- To enhance interpersonal skills.
- To learn the importance of cultural sensitivity.
- To learn the risk management skills.
- To lead change.
- To learn the importance of social responsibility.
- To develop strategic planning skills.
I suppose the list can go on, however you can understand from the above the importance of higher education and it's impact on you and society in general.
It's not that one is better than the other; it's just that they are different. The question should be, "which one is best for me?" In order to determine that, you must first acquire a vision; a specific and clearly articulated picture of the future you intend to create for yourself. This vision should be based on a passion for what you want to do and the benefit it will bring to others as well as yourself. Once you acquire that vision, your path will become clear.
Why do you want to pursue for a MBA?
The answer lies within you. There are lot of Benefits associated by doing MBA, world's premier postgraduate qualification. MBA helps in enhancing a individual's ability to understand real life problems. It is valuable in all professions. Top Managerial positions in any industry go to persons having required qualification or capability of management.
How much money will you make with an MBA?
Many people who go to the top ranked MBA programs, and come out and work for a for-profit company, will earn over $120,000 per year. People who go to a well respected, regionally accredited MBA program can earn anywhere from $60k+. People who go to an MBA program that isn't well respected, or isn't regionally accredited (in the US) will really be basing their earnings on their work history, not on that MBA.
Naturally, this varies by region and field. MBA grads in, for example, NYC or Boston earn more than MBA grads in Buffalo.
You can actually ask the MBA admissions office this question for the MBA programs you're considering. They do track this info, and it's not an uncommon question for an applicant to ask. In fact, you'd want to ask several questions:
- What is the average salary of your MBA graduates...? (coming out of the program you're coming out of - full or part time, for example - be specific when you ask.)
- What percentage of your full time MBA graduates find work in their field upon graduation?
What are the initials that indicate someone has a bachelor's degree in business administration?
It would be designated as B.A. However let me warn you, many may look at this as very strange and inappropriate. The designations really start with the completion of the masters degree and higher.
Which is better Executive MBA or MBA?
It is not that one is better than the other, just that they are different. What you will need to ask yourself is, which one will lead to your overall career goals and objectives. That being said, you still would need a bachelor's degree before pursuing the MBA. Thus, that might answer your question right there.
Is teaching job is considered as work experience for MBA?
Work experience is work experience, regardless of job title. Of course, the more closely your job relates to the major for the MBA, the higher your chances.
What is the scope of Logistics and Supply Chain Management MBA?
Logistics refers to the detailed coordination of the complex operation that involves many supplies, facilities or people. Supply chain management on the other hand refers to the flow of goods which includes their movement and storage.
Can you become a psychotherapist if you have a MBA?
The profession is divided into either psychologists or psychiatrists. You will need either a Phd or a MD to practice, depending on your philosophy and interests.
Psychiatrists are the primary caregivers in the area of mental health. They assess and treat mental illnesses through a combination of psychotherapy, psychoanalysis, hospitalization, and medication. Psychotherapy involves regular discussions with patients about their problems; the psychiatrist helps them find solutions through changes in their behavioral patterns, the exploration of their past experiences, or group and family therapy sessions. Psychoanalysis involves long-term psychotherapy and counseling for patients. In many cases, medications are administered to correct chemical imbalances that cause emotional problems. Psychiatrists also may administer electroconvulsive therapy to those of their patients who do not respond to, or who cannot take, medications.
Not all PSYCHOTHERAPY is provided by either PhD Psychologists nor by Psychiatrists. There are many licensed masters-level clinicians who perform psychotherapy.
With regard to whether one can become a licensed psychotherapist with an MBA, the answer is that licensing requirements vary state-by-state. Generally, one needs at minimum a Master's degree in mental-health, varying from Counseling Psychology, Clinical Psychology, Social Work, and so on.
What is the cheapest college in the US?
There are many good small colleges in the United States, but it can be a challenge to find good information about them. Some of the best small colleges are a particular type of liberal arts college called a Great Books college, which follow a rigorous core curriculum of original texts. Because of the intense, demanding nature of Great Books study, graduates of these schools succeed in graduate education at rates unparalleled by institutions with more conventional curricula.
Small colleges with rigorous curricula include:
- Shimer College in Chicago, enrollment ~ 100
- St. John's College in Annapolis and Santa Fe, enrollment ~ 900 across 2 campuses
- Gutenberg College in Oregon, enrollment ~ 50
What is scope of MBA in marketing?
Before scope, If you are interested and want to succeed in your life or to explore yourself in the field of Digital Marketing. So, you have to study and learn each aspect and part of Digital Marketing for that you have to join the Digital Marketing Institute which will help you to explore yourself and boom your career at another level.
If you want to learn or gain then According to me, Digiperform is one of the top and bet Digital Marketing institute in all over India. Digiperform are here to to enhance your career and make your strategies towards marketing. I studied there and the trainers are very co-operative and helpful. The environment at Digiperform is cool, efficient and very polite. Trust me, Digiperform is the best Digital Marketing Institute in all over india.
They have All in one advanced Digital marketing course in Delhi. Digiperform has various centers all over India. They have 7 centers in Delhi NCR, 2 Centers in Maharashtra, 4 in Karnataka and so on. Now, its up to you which center’s location is nearest to you.
They have the best trainers with high qualifications and experience. The trainers are very co-ordinated and helping nature. They are here to clear all your doubts or issue regarding Digital Marketing. They will help you anytime and anywhere. They have taught 20000+ trainees, 600+ batches and having 60+ centers all over India with many successful placements.
They will surely help you to build your career, strategies in digital marketing. They will provide you Training as well as Internship after Digital Marketing Training. They will also provide you 100% job assistance. Training and Internship will help you to know the various prospects or details of Digital Marketing with practicals.
Now, there are Various Scope of Digital Marketing in India, such as –
#a - Become a Professional Blogger
After completed Digital Marketing,you can choose or become a professional blogger. Many digital marketing professionals choose full time blogging as their career choice. Many dedication and hardwork, blogger can earn a good income. Blogging means uploading daily content or video journal located at website.
#b - Earn with Affiliate Marketing & AdSense:
Affiliate Marketing is one who earns money as a mediator. In other words, Affiliate Marketing means earn commission through other’s product. You can start your blog/website/app in a specific niche of your interest and initially work hard to build traffic & viewers. After generating good traffic, you can make a good income with AdSense & affiliate marketing techniques. For this, You must have a official Website and affiliation with respective sites.
#c - Start your own agency:
If you have a good knowledge and having good experience in digital marketing then you can start your own strategy, means open your self business and earn good income.
#d - Become a YouTuber:
You can choose to become a full-time YouTuber in a selected niche. You need to focus on the quality of content and building your audience base on YouTube. Youtube helps you to reach and increase audiences and then you can earn good income. In other words, Once you start getting subscribers and views, you can make money with YouTube monetisation.
So here is the information of what are the scope of Digital Marketing, Hope you will like it.
Thank You
Importance of human resource management?
When any organization start to visionize their business, their first priority is to hier competent work force means right person on the right job after that this man power decide about other tangible and intangible resources, where to get? how to get? how to manage efficiently?what modification required?. essencely, other resources depends on human resource without which they are worthless because if their would be no human then who will plan, organize, or monitor the other resources. The manager is recocnized as a holder of organization by his knowledge and art.
the running of these arts and knowledge needs supporter which called staffs and are human resource of the an organization.
HR can improve the level of managment ,be helper to increase the efficiency,and let the manager to be effective.
How can manage the HR would be a very important rule during period of management.
So Human resource is as a strategic assets of an organization.
With out co-operation of HR there are NO:
1-compony for plans 2-helper for executive program 3-running the aims and getting
the feedbacks 4-support of efficiency 5-making the product attraction for cosumer point of view
Why human resource management is important for an organization? I try to answer briefly:
The manager is recocnized as a holder of organization by his knowledge and art.
the running of these arts and knowledge needs supporter which called staffs and are human resource of the an organization.
HR can improve the level of managment ,be helper to increase the efficiency,and let the manager to be effective.
How can manage the HR would be a very important rule during period of management.
So Human resource is as a strategic assets of an organization.
With out co-operation of HR there are NO:
1-compony for plans 2-helper for executive program 3-running the aims and getting
the feedbacks 4-support of efficiency 5-making the product attraction for cosumer point of view
How much does a person make with an MBA?
Salary is based on whatever someone is willing to pay you, and that is usually based on their perception of what you can accomplish for them. Salary, earning potential, and marketability are not only determined by the type of field you are in and the degree you possess. It depends on your position within that field, the institution you work for, your experience, expertise, personal abilities, critical thinking skills, problem solving abilities, dedication and commitment toward ones work, and more. Thus, salary is not so much dependent on the type of degree as much as it is dependent on the person who holds the degree. Still, if you have a specific occupational title, you can then retrieve the estimated mean annual wage particular to that occupation.
What are five marketing management philosophies?
there are 5 alternative concepts under which organisations may conduct their marketing activities: the production concept, product, selling and societal marketing concepts.
1. THE PRODUCTION CONCEPT:
the philosophy that consumers will favor products that are available and highly affordable, that management should therefore focus on improving production and distribution efficiency.
2. THE PRODUCT CONCEPT:
the idea that consumers favor products that offer the most quality, performance and features, and that the organisation should therefore devote its energy into making continuous product improvements; a detailed version of the new product idea.
3. THE SELLING CONCEPT:
the idea that consumers wont buy enough of the organisations products unless the organisation undertakes a large-scale selling and promotion effort.
4. THE MARKETING CONCEPT:
achieving organisational goals depends on determining the needs and wants of its target market and delivering the desired satisfaction more effectively and efficiently than competitors.
5. THE SOCIETAL MARKETING CONCEPT:
the idea that the organisation should determine the needs, wants and interests of target markets and deliver the desired satisfaction more effectively and efficiently than competitors in a way that maintains or improves the consumers and society's well being.
What is the difference between a graduate degree and a masters degree?
The term undergraduate degree is generally used for completing a 4 year Bachelors of Science or Arts program. A Masters degree is achieved after completing a, generally 2 year, additional program past that and can be called a graduate degree. Generally, these are a Master of Science or Arts. (So all Masters are a graduate degree, but not all graduate degrees are a Masters. Some fields may use a different nomencalture for the post baccurlate programs). A Doctorate, which takes approx. 7 years more, identifes someone completing a program generally including writing/supporting a thesis/disertation ( a large research paper of intellectual interest) above those other degrees.
What is the difference between an executive fellow MBA and a traditional MBA degree?
Executive MBAs are usually designed for individuals at senior level jobs. They are more expensive, participants have more work experience and the entry requiements are different. The content may also be different since the senior level executives may not be interested in some subjects.
An EMBA is reserved for professionals who have been specializing in their field for at least five years. These are usually upper-tier managers and executives who still want to improve their craft. EMBA courses tackle a broad range of subjects. Even if you're already at the top of your game, an EMBA degree could still inject some growth to your career.
What are some project management dissertation topics for MBA project work?
Some interesting topics for MBA project management dissertation are:
1. Global project management
2. Building project management virtual teams
3. Overcoming risks of offshore outsourcing
4. Time zone differences and communication within the team
5. Managing global resources optimally
What are some of the interesting dissertation topics in MBA finance?
) Risk Management in Indian banking Industry
ii) Managing credit risk in Agriculture Lending
iii) Management of stressed assets
iv) Use of securitization to improve profitability and management of asset liability management
Difference between business studies and business administration?
both administration and management are same . both are having same meaning as to administrate a business in other words manage the business .to my knowledge their is no difference between each other.
You want bharathiyar distance education MBA previous year question paper for first year?
You can find the previous year question paper in below linkhttp://www.b-u.ac.in/sde/question.html
Bharathiar, Annamalai University MBA video classes are now available at www.learnixmba.com . These classes really help students appearing the MBA university exams.
NEED FOR MBA :
As the environment of organization-including economic, political, competitive, regulatory, and cultural factors becomes more complex, there is an increased demand for managers with the necessary skills, understanding, courage, and energy to tackle the difficult demands facing organizations of all kinds. To be a successful manager, an individual need skills in decision-making, financial analysis, and interpersonal relationships. He also needs the ability to apply those skills in a context of constraints, opportunities, and alternatives. MBA programs not only help their students to develop skills that are highly valued by many employers, but the programs also present a theoretical context for solving many business problems.
*MBA - YOU:
The purpose of an MBA education is to provide training in the theory and practice of business management. An MBA is an effective tool to,
o To change your career
o To start your own business
o To gain the competitive edge in a competitive world
o To develop technical expertise and business savvy quickly
o To advance your career
o To gain valuable networking resources
o To enhance your financial position
o To enjoy greater job security
o To enjoy greater job satisfaction and self satisfaction
o To become a leader in an emerging field
o To develop your personality as a whole.
MBA - JOBS:
An MBA with different specialization streams prepares an individual to meet the greater demands of tomorrow's advanced industrialization. Some examples are given below.
Executive Jobs:
Whether you are seeking CEO jobs, CFO jobs, CIO jobs or other C-level jobs, an MBA is supreme to a career managing companies.
Management Jobs:
Senior Management job - Senior Management jobs are awarded to candidates and employees with applicable baccalaureate degrees and a master's degree in business such as an MBA.
Banking Jobs:
Consumer banking jobs deliver financial services to individual customers.
Commercial banking jobs deliver financial services to businesses.
Human resources jobs manage employee placement, salaries, and training
Bank administration / accounting job - Bank administration / accounting jobs handle the banks internal operations
Finance Jobs:
Corporate Finance jobs help company find money, grow the business, make acquisitions, plan for it's financial future and manage any cash on hand
Money Management job - Money Management jobs manage stocks and bonds for institutional clients and are on the buy side of Wall Street
Insurance jobs -help individuals and business manage risk to protect themselves from catastrophic losses and to anticipate potential risk problems
Real Estate jobs cover field such as title insurance, construction, mortgage banking, property management, real estate appraisals, brokerage and leasing, and real estate development
Accounting Jobs:
Public and Managerial Accounting jobs focus on preparing financial statements and recording business transactions including computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.
Marketing Jobs:
Product Management jobs have responsibilities including marketing and development of products of all types. Advertising jobs cover every media outlet including newspapers, magazines, TV, radio, and the Internet. Retailing jobs includes store management, buying, and merchandising.
Harish ( Counsellor at MGU)
