Starting today, the new platform to be called will be called Harvard Business School Online. For an Ivy League business school so wary of venturing into the online education space, this rebranding is major. Nitin Nohria, associate dean of Harvard Business School Online, once famously said that the business school wouldn’t enter into the online learning arena until it had overcome its reputation. But, faced with stiff opposition from alumni and current students, he softened his stance and said that if they were already enrolled in the school then they would vote to enroll regardless.
These days, it seems that most of the corporate movers and shakers are taking the plunge into offering online courses, while at the same time holding firm to their belief that brick and mortar institutions are the best options for anyone seeking a degree. But, does this mean that online education offers lesser benefits? That’s a question that several respondents put across. While some said that it’s true that online courses are less comprehensive than their offline counterparts, others went ahead to say that they have enjoyed the same benefits when enrolling in an MBA program online. They cited various benefits such as better exposure to different career options, convenient scheduling, flexibility, and convenience of attending classes at times that suit them.
It is also worth noting that not all business schools have achieved their accreditation. While accreditation isn’t a strict requirement for graduation, it certainly provides a basis for the quality of education being offered. Most of the accredited business schools have earned their accreditation from an accrediting agency of the American Society of Business Administration (ASBA). This group has come out with a list of accredited business schools including Harvard, Mills College, and the University of Michigan.
With respect to the type of business school on which you choose to get your graduate degree, there is no uniform regulation of the different accreditation agencies. While the most popular ones are the Association to Advance Collegiate Schools of Business (AACSB) and the North American Inter-board Degrees (NAIBD) accreditation agencies, there exist smaller accreditation agencies as well. For instance, Business Management Associates, Inc. is accredited by the Middle States Association of Colleges and Schools (MSACS) while Grand Canyon University is accredited by the Western Association of Colleges and Schools (WACSS). However, not all online MBA programs are affiliated with any of these accreditation bodies.
As far as a career goal is concerned, both online MBA programs and regular business schools have made it easier for working professionals to gain relevant work experience. An online MBA student can opt to go on and get full-time jobs while still undergoing his post-graduate studies at the business schools of his choice. He can do so even if he is not eligible for admission into the MBA program because a part-time MBA student is only expected to attend the class for six months per semester. On the other hand, MBA students who want to continue their education have an excellent opportunity to get a job and gain work experience which will help them make better decisions in the future. In fact, many working professionals who have completed their master’s degrees with an MBA program continue to work in their respective companies even after getting an MBA degree.
If you have chosen to get an online map, you should know that there are many differences between online MBA and regular MBA programs. For starters, there is no standard time frame that is associated with graduation from an online program. You can complete the entire MBA program in two years or more, depending on your choice of school, subject area, and course outline. Furthermore, you will also find that an online MBA degree is not as comprehensive and challenging as the one you would get from a business school campus.
With online programs, you will receive guidance from a faculty member or instructor who is usually an MBA degree holder himself. There are also many self-directed learning packages that you can choose from, like modules that you can buy on your own and modules that require you to take a course set by the institute. Some of these self-directed online programs have personalized lectures and seminars that you can watch over the internet. The cost of these programs depends on the kind of module you opt to learn and whether you take it on your own or through a school institution. However, there are also inexpensive online MBA programs, which do not involve any face-to-face interaction between students and professors.
Once you have earned your MBA, you can decide to continue your studies by taking further courses or on an internship. An MBA course allows you to enhance your skills and knowledge in management and administration, in addition to improving your negotiation, interpersonal, and team skills. These are some of the reasons why people who enroll themselves in business school online programs are more likely to succeed and achieve their goals than those who opt for traditional MBA programs. It also enables you to work while you study, saving both time and money. You can still work, earn a good salary and enjoy your life at the same time.
As you ponder on why choose a business course? The most common answer is the desire to improve one’s career. With the increasingly competitive job market, many people today are wondering how they will remain relevant in the ever-changing business environment. In addition to that, the changing economy forces people to reconsider their current jobs which may have been ideal for them just a short while ago. So if you’re one of those people who are looking for a way to increase your education and skill set, a business course is an excellent choice.
A career path outline will give you an overview of your options and a guide to help you choose a career. It will also help you pinpoint the appropriate career path for you based on your personal interests and skills. You can use your career path outline as a starting point when you decide what courses to take to develop your skills and advance your career.
Why Choose a Business Course: Your career path outline is important because it gives you a place to start your research and identifies your ideal career. You need to identify your ideal career because not every job is perfect for everyone. For example, if you are interested in starting a restaurant business, you cannot choose a career path that involves serving food. You need to find a career path that focuses on managing food services so that you will be qualified to manage a restaurant group.
Why Choose a Career Path: When you have chosen a career path, you must know exactly what it entails. You need to be sure that you are prepared for the challenges you will face along the way. In addition, you should consider the career goals you have. Remember that you should choose a career that you love. Otherwise, you won’t be happy with the career you choose.
Why Choose a Business Course: You should choose a career path because it fits your personality and skills. This is the only way you will make yourself successful. If you love sports, you should go for a sport management course because it tackles sports organization and management. However, if you hate math and science, you should choose a business computer course because it tackles software development. You have to learn the skills in order to succeed in the career path you choose.
Why Choose a Business Course: Another reason you must choose a career path is because of your career options. As mentioned earlier, you have a wide variety of career options and it will be difficult for you to choose which career path to follow. Therefore, choosing a career path is important. A good career path will help you climb the ladder of success faster. Therefore, you need to take a course that tackles fast-paced career opportunities.
Why Choose a Business Course: When you are choosing a career path, you need to consider your current lifestyle. As said earlier, you have a wide range of career options; therefore, you have to take a career that is aligned with your current lifestyle. For example, if you want to become a travel agent, a business course that tackles international marketing would be ideal for you. However, if you prefer to become a teacher or a salesperson, then a business course that tackles marketing would be ideal for you. Taking a career path that you are comfortable with will make it easier for you to advance in your career.
Why Choose a Business Course: Your career is one of the most important things in your life. Therefore, you should choose a career that you can grow with. There is no point in taking a degree that will not give you enough opportunities to grow further in your career. Therefore, before you choose a career, it is important to determine how much you want to progress in your career and when you can grow in it. Taking a career assessment test is the best way to determine what career suits you best.
To be a successful business executive has been the dream of many business students over the years. People in power suits always seem to be sitting around plush offices with views of city skylines; jet around the world to attend important meetings, and their names just resonate with money and power.
You have most likely seen a CEO on TV, in the news or in reality TV. You might even be working for one. If you have the ideals of being one of them, a good way to start is to simply think like one. Here are four thoughts that will run through the head of any effective business student, the future business leader:
#1 Business is War
Business is a cut-throat environment. You have to adopt good management and marketing strategies to stay competitive. Know your strategies well and execute them better. That is why books like Sun Tze’s “Art of War” are still relevant in times today.
– Act on your decisions once you have found the most effective and efficient solution.
– Plan your solutions with a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. This will give you a good overview of your business and show where improvements can be made in your business.
– Encourage team effort to make taking down that big project easier!
#2 Think Big
Vision is important to any successful organization. Your ambitions will give you the passion to succeed in a competitive environment. Thinking big is the first step to achieving your goals.
– Observe highly effective business professionals like Bill Gates or Richard Branson. They have succeeded with sound business plans and strategies. Learn from their success cases.
– Doing this allows you to begin with the end in mind. Working your way towards a visible goal will allow you to focus your efforts better, thus wasting fewer resources.
– Tip: Any successful business is capable of running without CEO supervision. Keep this in mind when drafting your business plan.
#3 Embrace Constant Change
Kaizen is Japanese for “good change”. Change is the only constant in reality and no business plan will stay effective over the years. Some elements will remain classic, while some will fade into obscurity. This technique focuses on continual small changes to avoid the need for over-working to achieve something.
– Keep researching on customer preferences and updating your products to suit their needs.
– Maintain discipline to keep up the work. Consistency is needed to maintain the benefits of this strategy.
– High morale is crucial to developing a good chance. So think positive and adopt a mindset that nothing is impossible.
#4 Stay Competitive With the Latest Business Trends
Enrolling into a good business school will teach you the ropes on how to maintain a business. The school will give you the opportunity to:
– Learn from experienced lecturers who can teach you current and relevant business techniques.
– Experiment with solutions and make mistakes in a simulated environment and not in your business.
– Draft your ideal business plan that you can execute after graduation. Several business students have turned their college projects into real businesses.
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If you run through the districts at the heart of the world’s great financial centers, few, in all fairness, are held to be the most interesting places to visit for the average tourist. But popular perceptions can so often be misleading. If you’re a student in the first year of a BS in business administration or a group of friends about to complete their business administration degrees, for instance, you could hardly hope for a more fascinating or valuable trip – after all, it makes sense to get a feel of what they’re all about before you find yourself there for real!
And it’s to that end that this roundup of three of the world’s essential travel destinations for a business student was put together…
Whether in literature, on-screen or in the popular imagination, Wall Street is simply synonymous with finance. Running east from Broadway to South Street on the East River through the heart of the city’s financial district and home to the New York Stock Exchange, it is still the central nervous system of the global economy. And you only have to stand, gazing up at the vertiginous buildings that line this bustling thoroughfare to feel its aura.
While it’s hardly held by visitors to New York to be one of Manhattan’s most interesting neighborhoods, scratch beneath the gleaming, corporate surface and there’s more than enough to keep you busy. The first stop for visitors tends to be Arturo Di Modica’s “Charging Bull” statue; but the Art Deco splendor of 20 Exchange Place is well worth a look, along with other skyscrapers like the American International Building and 40 Wall Street, while Trinity Churchyard is an oasis of calm in amongst all the hustle and bustle – and a great place to stop for a sandwich!
Hong Kong Island
There are no two ways about it, Hong Kong is on the up. In 2008 Forbes Magazine ranked the city as number two in its list of the ten most economically influential and powerful cities in the world (just behind London and above the mighty New York!)
But Hong Kong’s far from being just a sterile destination for business travelers: there is any number of interesting quarters – from the sights, sounds, and gastronomic delights of Temple Street Night Market to the non-stop commerce of Stanley Market – which demands to be explored. What’s more, whether seen from the heights of Victoria Park or from out across the bay, there’s a surreal beauty to its sparkling skyline that’s quite breathtaking.
The City of London
Like New York’s Wall Street, the City of London is a bona fide financial institution. If the bowler hats and canes are no longer used by the bankers and brokers, and the brash high-rises now soar over their older, more restrained counterparts, then there’s still something of the sense of grandeur and class about an area that used to be the administrative and financial heart of the world.
Standout monuments include the Natwest Tower, and Sir Norman Foster’s gleaming ‘Gherkin’ building; then, of course, there’s the Bank of England (and its fascinating museum – where you even get to lift a gold bar!) There’s plenty more in the way of history, too, whether it’s in the form of the majestic St. Paul’s Cathedral and the London Stone or the wonderfully antiquated Ceremony of the Keys at the Tower of London.
Some people dream about the opportunity of being their own boss. The flexibility to carry out what you wish whenever you want to do it, and not have to answer to any person but one’s self sounds like an optimal employment situation, but one that is out of reach to many. Not as a student. Being a student is the greatest time to start a business.
Not so in today’s climate. Self-employment and freelancing have continuously risen during the last years and goes on to do so. Freelancing as a student is relatively easy. Working from a home office is no longer just a clever bluff for out-of-work creatives or an option for company owners after thirty years of hard graft, but it’s accessible to anyone with a talent that is willing to work extra hard for the merits of managing themselves.
There are two main easy ways to be independently employed. You are able set up a business of your own, which requires registering your organization, looking for premises and recruits (and the finance to do so!), etc, or you might be a freelancer or contractor, which requires advertising your services to businesses and other individuals and hoping that someone chooses you. Use student freelancing websites to get your student business started.
Freelancing will still call for you to pay attention to deadlines and do the work that is set but does allow you to prefer whether you take the work, and allow you to choose your own pace and work schedule. It also pays more frequently and securely. You need to be an organised student in order to succeed.
Starting your own business is riskier, but gives you true independence, there can be no work except if you set it, and the work mindset you are expected to fall into is completely made up by you! However, if you don’t do the work, the money doesn’t come in and your business will find it difficult to stay money-making, so it is a double-edged sword. At university, students have the opportunity to start a business. The UK government is getting behind students who want to achieve their business dreams.
With the use of real love for what you do together with a peaceful mentality that is able to keep you content throughout the drawbacks of self-employment, there exists plenty of advantages to make it all worth chasing!
Independence: The important one. Student self-employment means never having to call in sick, never needing to brave the commute on a wet winters day, or take the criticism for something that wasn’t your wrongdoing. If you wish to take lunchtime at 10 am or perhaps even take a nap till midday then that’s fully one’s own prerogative you will easily finish up plummeting into a routine entirely of your designing, that matches with the life that you want to lead.
Variety: We are all good at something. Whether it be writing, bookkeeping or embroidery, everyone is able to do something, do it well, and accomplish this with a big smile upon their faces! With student self-employment, you choose that one thing you’re keen on working on above everything else and make it give you the results you want. The vast majority of skills can easily be converted into cash but you have to look for the right angle, and many times passion is just as, if not much more significant, than anything above competence at a job.
Achieving extra money: Security can be a large challenge with being your own boss. Never experiencing a regular paycheque may mean which you don’t always know where the upcoming income is coming from and this will make rent and bills a pain to work around. This is the reason it is best to begin your student self-employment career part-time and around your main occupation.
Not only does this usher in two salaries, but you feel secure and also have recurring cash flow arriving in to take your venture off the ground before you can make the leap to functioning self-employed full-time. Once you determine you really are creating enough to make yourself your own boss, you will find that self-employed individuals also catch a lot of breaks in relation to monthly spending, with tax breaks are available to them, and an abrupt decline in travel money! Of course, you’ll have even more tax breaks as a student, being a student is the best place to start a business. Network with other students.
By way of little guts and a large amount of exertion, becoming self-employed will not be such a challenging transition. The benefits and advantages outweigh the setbacks without question, and once you’ve started out you’ll be stunned at how rapidly you forget what it previously was like to work for an employer at all! Just manage your precious time effectually and take risks when you need to, to truly enjoy a work/life balance unlike any other. As mentioned, students are in an ideal place to start a business. Students ordinarily have the most time on their hands and there are sufficient support options for students to start a business.