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Why It's a Good Time to Be an MBA

Not so long ago, most companies did the lion's share of their Online MBA Study hiring in the fall, and second-year students could expect to have an offer in hand by Christmas. Not any more. The Owen Graduate School of Management at Vanderbilt University in Nashville is typical of the schools that are seeing a new recruiting schedule. Says assistant dean Melinda Allen: "Our fall numbers were flat compared to the year before, but our job postings this spring are 51% higher than in the spring of 2004." She adds: "There probably will always be companies who know exactly how many Online MBAs they're going to need, nine months ahead of time. But many more employers—I'd say about 70% now—are shifting to 'just in time' hiring." Christopher Morris, director of MBA career management at Wharton, agrees: "Companies like Microsoft, McKinsey, and Goldman Sachs that hire large pools of Online MBAs are still doing a lot of fall hiring. But everybody else is recruiting in late spring and even into the summer months. It's a big change."

Aren't those extra few months of suspense tough on job seekers' nerves? Not really, says Jeff Beierlein, an Owen student whom Louisiana-Pacific signed on in mid-April. "So many wonderful opportunities arose in the last few weeks of the spring semester, I almost felt sorry for people who had already committed themselves back in December or January," he says. Eric Mokover, who oversees the Online MBA career management center at UCLA's Anderson School, adds that, in contrast to previous years, students are willing to wait for the right job: "During the recession, lots of students took the first position they were offered. Now they're more confident. I've seen plenty of students turn down offers in the fall and hold out for this new rush of spring hiring."

The article by Anne Fisher, you can visit Fortune to read more.

Presidio World College MBA Students Prepare to Graduate

A new breed of business professional will enter the workforce after Presidio World College graduates its first class from the MBA program in Sustainable Management. Following two years of intensive, collaborative studies at the San Francisco-based school, the Class of 2005 will be awarded diplomas on Saturday, June 4, at the Presidio Golf Course & Clubhouse. George Lakoff, Ph.D., renowned speaker, best-selling author on progressive politics and linguistics professor at UC Berkeley, will deliver the commencement address.

"This is a bittersweet day for all of us. We are thrilled to be sending our first group of graduates into the world to begin fostering change and leading the way to new ways of business through improved social and environmental practices," said Dr. Ron Nahser, provost of Presidio World College, an affiliate of Alliant International University. "These students are the leaders of tomorrow and with our MBA program's comprehensive curriculum we have helped them uncover and develop their vision of their work - or calling. They represent the future of change toward creating a sustainable world."

Lakoff, a Senior Fellow at the Rockridge Institute, a non-profit research group of scholars working to help achieve a just, democratic, environmentally sustainable and humane society, will discuss how to effectively make the case for creating sustainability in business. He will refer to topics from his most recent book "Don't Think of an Elephant: Know Your Values and Frame the Debate - The Essential Guide for Progressives."

At Presidio, a core objective of the collaborative learning community is to help students define their calling. The program helps prepare students with the knowledge and tools necessary to apply ethical, social and environmental values to all business practices, while still delivering bottom-line growth.

More information about Online MBA, please visit Presidio World College.

Belle Meade students flock to MBA, Harpeth Hall

Montgomery Bell Academy and Harpeth Hall attract students from across Davidson County and from the surrounding counties.

The two independent schools have strong ties to Belle Meade. Both draw students and alumni from the small satellite city. Online MBA, for boys in grades 7-12, was founded in 1867. Harpeth Hall, a school for girls in grades 5-12, was founded in 1951.

Both schools have rich academic traditions with honors including National Merit finalists. Arts and other activities are important, and on a recent Friday night, the two schools joined forces to cheer on MBA's Big Red football team.

Sports teams from both schools have excellent records. MBA won the Division II, Class AAA state football title last season. Harpeth Hall won the Division II track title in the spring.Public school students who live in Belle Meade attend Hillsboro cluster schools.

Several other private schools serve Belle Meade, including Harding Academy, The Ensworth School, University School of Nashville, Father Ryan, St. Bernard, St. Cecilia, The Covenant School, The Oak Hill School, Overbrook School, David Lipscomb Campus School and others. More info about Online MBA, please visit Montgomery Bell Academy.

GMAC, Military MBA Partner to Support Officers Pursuing MBA

The Graduate Management Admission Council(R) (GMAC(R)), an association of leading business schools, and Military MBA, a support network of education and career resources for military officers today announced a partnership that will improve access to valuable information and resources dedicated to military officers interested in getting a Master of Business Administration (Online MBA) degree.

"Creating access to quality graduate business education is our mission. We are always seeking new and more effective ways to help people connect with the information they need about the MBA," said Susan Motz, vice president of client services at GMAC(R). "We are excited about this partnership and the opportunities to serve officers by helping them find an MBA program that meets their educational and professional needs."

Research shows that officers are very successful MBA students. They have strong leadership skills and experience, and on average, have more job offers with higher salaries upon graduation than other MBAs. Yet only a small percentage of officers choose to pursue the MBA degree. Research by Military Online MBA suggests this is due in part to officers' limited awareness of available resources, funding, and information that can help them pursue an MBA degree. Source : Washington Business Wire.

What is MBA?

Online MBA stands for Master of Business Administration. It is an internationally recognized business degree, on equal standing with other postgraduate degrees like Master of Arts or Master of Science. It is academic in nature, yet it is a practical preparation for individuals in business and management. It often insists that students have a number of years of working experience before they take an MBA program, often as managers or senior managers.

MBA originated from America. The word renowned Online MBA is taught at the Harvard Business School more than 100 years ago! It is a 2 year full time program that trains students in business problems analysis and decision making. The types of Online MBA offered by private institutions and universities vary wide nowadays to suit the busy schedule of executives. Over the years, Online MBA have grow into a matured industry with specializations like Online MBA in Information Technology, Finance, Human Resources, even Electronic Commerce! Despite their differentiation, the underlying principles of management do not vary too much. The specialization means the the course spend considerably more time focusing on issues & cases in the area of choice.

The delivery of the course itself has changed over the years. It used to be a 2 full year program, now known as the "classic" or full time Online MBA. These days, executive Online MBA is more common, in Malaysia at least. This is targeted to suit busy executives who do not want to miss out in their career progression.

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How to choosing a UK MBA university or college

You should consider a range of issues, as well as liking the subject, before choosing a course at university. Although a good degree is always important:

1. Compare the content of courses & the style of learning offered at each institution, as degrees & courses with the same name may be very different at each university or college.
2. Help with study skills and easy access to & help with computers & technology will probably be useful to you.
3. Are there any work experience opportunities or work-related skills offered as part of the course (if that is important to you) and you can ask how many students get relevant jobs at the end of their course. Some university sites list their destinations statistics on their websites or you can ask them to send them to you. Opportunities to study in other countries may also be available. Another way of getting useful experience is by getting involved in student activities, including the Student Union, especially if you become an officer or initiate new projects.
4. Compare the quality assessment reports for research & teaching in Higher Education universities & colleges (searchable by institution or subject) at the: Quality Assurance Agency HEFCE (Higher Education Funding Council for England) Scottish Higher Education Funding Council Welsh Funding Councils

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More MBA FAQ's

Are there many types of MBA courses? The Online MBA originated from the U.S. with the very first "business school" in the last century. The world’s most famous one is the Harvard Business School. Most U.S. based MBA courses are two year full time, commonly known as the "classic" model.

In recent years, new models have emerged, with short time i.e. from 12 to 16 months instead to two full time years. These one year full time programs are common in Australia and Singapore. However, two of the best schools in Asia Pacific (The Melbourne Business School and the Australian Graduate School on Management) is of the classic model.

Why get an Online MBA? An MBA qualified manager is highly regarded and often given serious consideration for senior/top management positions in the industry.

What is the minimum qualification to get in ? Almost every institute that you ask will require you to have at least your bachelors' degree, whichever the discipline, be it economics, pharmacy, engineering, accounting, science, information technology, or commerce. The other qualification is work experience. Most will insist on 3 to 5 years as a minimum. This is to ensure that the candidate has reached a certain level of maturity when they apply.

If you are a fresh graduate, it may be a bit difficult for you to get in, unless you have excellent results. Our advice to you is to get that work experience first. Why ? This is so that you can appreciate the Online MBA even more and you will gain a deeper level of understanding and learning when you exchange ideas in your class discussions. MBA stresses on practical experience rather than academic that is why the institutes insists on work experience.

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MBA Programs Worldwide

The Master of Business Administration Degree (Online MBA) is the most popular business qualification in the world, and is fast becomming a prerequisite for management positions.

The Online MBA is by its nature a general management qualification. An MBA program usually consists of a core curriculum covering the functional areas of management, including information systems, finance and accounting, and human resources, to name a few. The second stage of the MBA course is usually made up of a choice of electives (optional courses), to allow the student to either continue with general studies or to specialise in a particular subject or area. All this is taught through a variety of means, for example, lectures, study groups and case studies. This site aims to help you choose the right MBA program for you, whether by full time study or via an online MBA. The articles in the left hand navigation bar offer general advice by geographic region whilst our mba programs article index contains a range articles on more specific MBA courses and advice in general. Best of all we also offer a Free Application & Information Service. The MBA qualification began in the US about 90 years ago. Today, well over 1000 business schools, universities and other institutions across the world offer MBA programs, and these can differ vastly according to tradition and background. There are also innumerable methods of study, for example, full-time, part-time, modular and distance learning. With this bewildering choice on offer, how can a potential student decide which is the best programme for them?

Cost Considerations

Undertaking an MBA course is a large commitment both in terms of time (full-time programmes run for one or two years) and money (good quality courses cost in the region of £15,000 to £20,000). Therefore, before selecting an MBA program, it is important to ask yourself why you are pursuing the qualification in the first place. The main reasons quoted by students for choosing to embark upon this route of study are for an increase in salary; to open new career opportunities; to further a career and to extend personal networks. A good quality course will allow for all of these by developing participants' personal skills at the same time as extending their knowledge base in the general management disciplines in the context of global business. MBA programs are an educational course, and as such should challenge students' assumptions and attitudes. Furthermore, knowledge accrued on the course should be highly transferable to the world of work. The courses which achieve this most effectively bring together top quality faculty with students from a variety of backgrounds who possess a wealth of experience and ambition (at Cranfield, for example, students on the full-time programme have an average of nine years' business experience). This combination produces the best possible educational experience which broadens horizons and equips the individual to embrace challenge and change in the future.

Each individual will have their own personal circumstances and requirements, but as an initial guide, our simple checklist of points to consider may assist when embarking on choosing MBA programs and institutions:

Continue to read more about MBA programs, please visit MBA Courses.

MBA Courses

Prerequisite for all MBA courses: Admission to the MBA Program.

Required Core Courses MBA 6110. Tools for the Effective Manager 3 credit hrs.

This course is designed to be taken at the beginning of formal course work in the MBA program. Students will explore various aspects of moral reasoning and apply these concepts to common ethical issues faced in business. Students will work individually and in groups to explore issues of personal values, self-awareness, teamwork, communication, managing differences, and career management. Students in this course will be introduced to analytical, communication, and technological tools used throughout the program.

MBA 6120. Organizational Behavior 3 credit hrs. This is a course for graduate students who have already been exposed to the principles of management and organizational behavior and who are now seeking a more advanced preparation for the behavioral role of the manager. It offers a critical review of the factors that influence behavior within the organizational setting. Behavioral concepts are emphasized which particularly relate to group dynamics, interpersonal relations, and ultimately, organizational effectiveness. In short, this course deals with the human aspects of management--the kinds of problems most frequently experienced in day-to-day interaction with others. The format will include discussions, group and individual exercises, case studies, and student reports.

Online MBA 6130. Financial Management 3 credit hrs. Financial Management is a detailed presentation of the practices, techniques, and applications of theory in corporate finance. The focus is an understanding of how companies operate and acquire the tools necessary to analyze and evaluate corporate financial policies. Cases and applied research in the form of outside readings will assist students to focus on key issues. The purpose of the course is to assist current and prospective managers in making better investment and financing decisions. The course addresses (1) the investment decision (capital budgeting) as well as (2) the financing decision. Class discussion and cases will focus on capital budgeting and specifically on the establishment of goals, development of strategy, identification of investment opportunities, evaluation of projects, implementation of projects, and the monitoring processes. Shareholder wealth maximization is the standard for determining why one decision is "better" than another. The ethical considerations of wealth maximization will also be addressed. Prerequisites: Online MBA 6020 and Online MBA 6810F/6810G; or equivalent coursework in accounting and statistics.

Online MBA 6140. Marketing Management 3 credit hrs. This course centers on creating customer value profitability in competitive markets. In an integrative fashion, it covers analyzing customer needs and preferences; estimating market potential; assessing market opportunities and threats in view of the focal company's and its competitors' resources and capabilities; developing market and marketing strategies; making astute product, pricing, distribution, and promotion decisions; and measuring marketing performance. Pedagogical vehicles include lectures, reading assignments, and case-based discussions and reports.

Online MBA 6150. Logistics/Operations Management 3 credit hrs. Firms face increasing requirements for faster response, more customer input, and greater variety in product and service offerings. This course prepares current and future managers in making better logistics and operations management decisions to meet the needs of customers in today's global market. It is designed to enhance the student's understanding of how to analyze problems related to design, planning, control, and improvement of manufacturing and service operations. Topics include, but are not limited to, supply chain management, materials management, production planning and control, scheduling, capacity and facilities planning, manufacturing strategy, and global operations. Prerequisite: Online MBA 6810F/6810G or equivalent coursework in statistics. MBA 6210. Management Accounting and Control 3 credit hrs. This course is designed to introduce the student to the concepts and procedures of managerial accounting through readings and case studies. The course emphasizes the use of accounting data in the decision-making process by internal decision-makers (e.g., management), rather than external decision-makers (e.g., stockholders, investors, creditors, and regulatory bodies). The course topics include cost terms and concepts, job-order costing, activity-based costing, quality management, cost behavior, cost-volume-profit analysis, profit planning, relevant costs, capital budgeting, cost allocation, and pricing. Prerequisite: Online MBA 6020 or equivalent coursework in accounting. MBA 6310. Information Technology in the Enterprise 3 credit hrs. The focus of this course is information technology from an enterprise perspective, with an orientation toward the management of technology for competitive/strategic advantage. Managers will be increasingly responsible for making decisions with respect to implementing new technology. This course will provide the background knowledge to enable managers in traditional business units to function as full participants in decisions involving the purchase and application of technology to create a business advantage. Online MBA 6410. Global Macroeconomic Conditions 3 credit hrs. This course will focus on the impact of global macroeconomic conditions on firm decision-making. To review and analyze current macroeconomic topics, a theoretical framework is developed showing linkages among national economies. This framework is used to analyze and forecast business cycles, interest rates, exchange rates, causes of trade deficits, short- and long-term consequences of fiscal and monetary policy decisions, and the globalization of financial markets. Examples from different countries are used to enhance knowledge of the world economy. Prerequisite: Online MBA 6040 or equivalent coursework in economics. Required Capstone Course MBA 6180. Strategic Management 3 credit hrs. This course takes a broad view of the entire organization. In some instances, the organization will have one line of business. In other cases, the organization may be a large diversified corporation with many lines of business. We will examine the strategic issues facing diversified corporations including: vertical integration, diversification into related and unrelated businesses, and operating synergies. Prerequisites: Online MBA 6130, 6140, 6150 and 6410. Elective Courses Online MBA 6160. Applications of Decision Models 3 credit hrs. This course presents a rigorous treatment of quantitative decision-making with emphasis on data collection, analysis, and model building. This course emphasizes experience in structuring realistic business problems, collecting data, developing an appropriate model for analysis, and interpreting and defending results. A number of cases are employed. Online MBA 6170. Corporate Communications 3 credit hrs. The focus of this course is to develop an integrated corporate communications program in organizations which will provide effective communication both to internal and external stakeholders. A coherent corporate communication strategy will link the overall organizational strategy to its varied communication practices. Among the topics to be discussed are corporate image and identity, corporate advertising and advocacy, media relations, marketing, communication, financial communication, community relations, corporate philanthropy, government affairs and crisis communication. These sub-functions have a direct bearing on how the corporation will be perceived by its most important constituencies. Finally, the critical communication component, employee communications, will be analyzed. Attention will be given to effective communication internally through various methods, such as meetings, programs and publications. Online MBA 6420. The Economics of Industry 3 credit hrs. This course will focus on the behavior of the individual firm in different market settings, competitive and imperfectly competitive. We are concerned with the strategic behavior of firms under different industry structures as they struggle with the pressures of competition. Students will study how differing levels of the firm's market power impacts pricing and output policies, product differentiation, and barriers to entry. In addition, the student will learn the basics of game theory and use it to analyze the strategic behavior of firms. Topics will include different types of pricing strategies including price discrimination, pricing of product lines, predatory pricing, peak load pricing, and entry deterrence. Issues of non-price competition such as research and development, information, externalities, moral hazard, and firm structure will also be discussed. The course includes both supplemental readings designed to illustrate real-world applications of the theoretical principles developed as well as in-class experiments in strategic behavior designed to illustrate certain theoretical conclusions. Prerequisite: Online MBA 6040 or equivalent coursework in economics. MBA 6510 Investment Analysis and Portfolio Management 3 credit hrs. This course engages class participants in a detailed study of the practices, techniques, policies and applications of theory in investments. Emphasis will be on an understanding of security markets, analysis, asset allocation, portfolio management and evaluation. Students will examine and apply investment tools and evaluate financial policies. Cases and applied research in the form of outside readings will assist students to focus on key issues and current topics. Prerequisite: Online MBA 6130 Financial Management. Online MBA 6520 International Business Field Studies 3 credit hrs. This course integrates international travel and site visits with the study of international business topics. Through readings, assignments, discussions, and visits to important business and cultural sites in the destination countries, the course builds understanding and competence in international business practices and managing across cultures. This course entails travel expenses beyond regular tuition and may be repeated when offered to a different world region. Online MBA 6530 E-Business 3 credit hrs. The Internet has become an important influence in the world. Business on the internet, in terms of operations, marketing, security, etc., has increased concomitantly in influence. This course will provide a foundation for understanding the possibilities and potential pitfalls for doing e-business. Recommended: Online MBA 6140 Marketing Strategy and Online MBA 6150 Logistics/Operations Management. Online MBA 6540 Negotiations 3 credit hrs. The purpose of this course is to provide opportunities for class participants to develop their negotiating abilities for use in organizational and other settings. The course is premised on the assumption that negotiating concepts are best learned through practice which is grounded in rigorous analysis and reflection. While theoretical principles and concepts from various reference disciplines (such as social psychology, sociology, and economics) will be presented through lectures and readings, this course will focus primarily on improving practical skills. Class participants will not only learn to enhance their individual abilities in dyadic and group situations, but also to analyze contexts for the most effective application of these skills. Online MBA 6550 Managing and Improving Quality 3 credit hrs. This course examines how organizations can gain competitive advantage by improving the quality and productivity of their business processes, manufactured goods and service outputs. Customer-focused approaches for designing, controlling and improving processes are emphasized, together with other concepts and approaches of quality management. Specific topics include process analysis, problem-solving methods, variability and statistical process control, performance measurement, and quality management systems. Guest lectures from industry professionals, experiential learning exercises and cases from manufacturing and service industries will assist students in understanding key issues and current topics. Prerequisite: Online MBA 6810F/6810G or equivalent coursework in statistics. Online MBA 6560. Business/Market Planning Using Online Resources 3 credit hrs. In this hands-on project-oriented course, students learn to (1) develop and write effective business/marketing plans and (2) use online resources to gather pertinent market, competitor, and environmental information. Students may develop a business/marketing plan for an existing business or for a potential start-up of interest to them. Alternatively, they may write a business/marketing plan and conduct requisite research and data analyses for a business suggested by the course instructor. Learning is facilitated primarily via practical discovery exercises, an extensive term project, and coaching. Although lectures and reading assignments serve to convey essential background knowledge, especially during the first half of the course, much class time is devoted to working on plans in teams under the instructor's guidance. Prerequisite: Online MBA 6140 or equivalent coursework in marketing. Online MBA 6680. Graduate Consulting Project 3 credit hrs. Graduate students are given the opportunity to consult with an existing organization, make recommendations for improvements, and assist in implementing changes in the organization. Students meet periodically with supervising faculty to review results. Prerequisite: Instructor approval. Online MBA 6800. Directed Study 3 credit hrs. Directed individual study and research on special topics related to business. May be repeated for a cumulative total of three credits. Prerequisite: Written approval of MBA program and instructor.

Online MBA 6810C. Business and Environmental Sustainability 3 credit hrs. This course explores how business organizations can address environmental issues to meet competitive and societal needs. Emphasis is placed on understanding the environmental roles of the various business functions and the opportunities for businesses to align their strategies and practices toward more sustainable business models. Through a combination of readings, case studies, and other learning resources, students will become prepared to use a variety of conceptual approaches, environmental management methods, and tools for improving the environmental performance of their organizations and the business system as a whole. Online MBA 6810H. Project Management 3 credit hrs. This course is a study of topics involved with managing projects. It examines the roles and skills of the project manager and the project office. Students will study the phases of the project life cycle, specifically the activities, requirements, methodologies, and tools common in project management. The course requires a high degree of student involvement throughout the semester. Whether in class or online, working individually or in groups, students will be engaged in active learning. Many of the topics examined in this course have been well-documented in text books, journals, and other publications. Discussions about the topics covered during the semester will require student reading and research. Students should plan to prepare homework assignments prior to class, be prepared to discuss key issues in class and in online forums. A final exam will be given and the class will conclude with presentations of the students?research projects. **The Goddard School MBA Program offers four electives in the area of logistics / operations management, amounting to an informal emphasis for students wishing to specialize in this area. The courses include Applications of Decision Modeling, Managing & Improving Quality, Business & Environmental Sustainability, and Project Management.

Additional Electives

• Online MBA students may choose up to three non-Online MBA graduate courses (5000-level or higher) to substitute for elective course credit. Students may choose from the following options:
• Master's of Accountancy courses. Students with appropriate undergraduate coursework in accounting may substitute up to three courses in WSU's Master's of Professional Accountancy Program for Online MBA elective credit.
• Graduate Certificate of Health Administrative Services. The certificate program is designed to prepare students for responsibilities in middle and upper level management in health services organizations and health care systems. The program can be completed as a stand alone certificate or in conjunction with the MBA program: six credit hours may be applied towards Online MBA elective credits.

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