The Growing Critiques of MBA Programs

I intend to pursue an MBA in Finance. The said concentration will equip me with the relevant skills I require to succeed as a finance director in a reputable organization my long-term career goal. I am certain that with an MBA in finance from a reputable institution like Terry College of Business, I will not encounter any difficulties securing employment in a top firm. This is more so the case given that as the college points out in its website, "our programs not only get you to the table-they keep you there" (Terry College of Business, 2013). For this reason, I am certain that having an MBA in finance from a top business school will jumpstart my career and shepherd it in the right direction.

Answer: Yes. High position managers will required more human skills than technical skills. MBA course is training managers’ leadership skills, teamwork skills, and conflict resolution skills which are very important

Throughout the article, Jasso discusses and explains what management means to our society. He breaks down into three main questions: What is management? Is management a profession? Should new MBA take an oath? From the first subtitle “What is Management-Really,” Peter F.Drucker, is a famous practical

To achieve my goal of being the Business/Divisional Manager, I need to have an MBA degree which is one thing that I have already started and will surely be completing successfully within three years’ time i.e. end 2015. And I am already having the management experience of 6 years now. With 4 years of experience as a Head of the department, and that too with reputable aviation firm in South Africa.

The MBA does not follow a specific professional standard and there isn’t a follow up courses. More importantly its education is more focused on nonfigurative theories and case studies rather than providing practical skills Rynes et al. (2003). Also as Mintzberg (2004, p. 5) believed that MBA was approaching the wrong way of teaching and to the wrong people as well, arguing that its “specialized training in the functions of business, not general educating in the practice of management”. Therefore its concluded that MBA is not providing a wide range perception on reality.

Hence it can be seen that still the best option for Ben would be to get an MBA from Wilton University as it has the highest NPV value. However his decision on whether to borrow the money or not might get affected.

Although I did not pass with a distinction, I still managed to obtain an average of 72% for the overall degree.

I understand that doing MBA is not an easy job; it requires lot of hard work. It is not simply learning theory and writing it in exam paper. In fact, it is a field that prepares you for the practical world of business. Therefore, I will have to do a lot more than simple learning; which will be going to different organizations for interviews, preparing thesis, designing marketing campaigns, doing internships and a lot more.

The goal of this course is to introduce students to the MBA program through the study of various instrumental techniques and management concepts. Students will learn writing and research requirements that build critical thinking skills in the evaluation on and reflection on managerial decision making, teaming, communication protocols, motivation of employees and firm performance.

At the Introduction to PD workshop I identified two broad reasons why I decided to pursue my MBA. The first was to develop my competence as a manager. The second and more important reason was to advance my career by making myself more marketable. The job market today is undoubtedly very competitive and I realised that a first degree was not sufficient if I wanted to 'climb the corporate ladder'. It is hoped that this MBA would help me to take advantage of any future opportunities when they become available. My personal development journey thus far has quite

The MBA program was introduced for the first time in the United States in the early 20 th Century and was modeled on the basis of the prevalent 2-year graduate programs. It gained significant traction after its inception, however was later criticized for its lack of practical relevance. It was often said that “MBA was too academic, too theoretical and divorced from real-life business practice.”1 Business school subsequently responded by improving quality of teaching and content. The first year was dedicated to

Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal. After examining schools, he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools, to get class credit for the internship, no salary can be paid. Other than internships, neither school will allow its students to work while enrolled in its MBA program.

Prior to completing my MBA program, a couple of my professors approached me and asked if I was considering on pursuing a doctorate degree. As a result, I explained my excitement to proceed, but the fear of failing and financing was holding me back. The professors were very supportive and encouraging and assured me I would be successful. In addition, the professors let me know they didn’t encourage everyone to continue, but believed in me and offered to write letters of recommendation. While obtaining my doctoral degree was something I thought about as a child, I didn’t think it was within my reach. I didn’t know anyone personally that accomplished this goal or even wanted to achieve a doctoral degree. Although I wasn’t planning on

Another reason for studying management is the reality that for most of you, once you graduate from college and being you career, you will either manage or be managed. For those who plan on management careers, an understanding of the management process forms the foundation upon which to build your management skills. For those of you who don\ 't see yourself in a management position, you are still likely to have work with managers. Assuming that you will have to work for a living and recognizing that you are verylikely to work in an organization, you shall probably have some managerial responsibilities even if you are not a manager. Our experience tells us that you can gain a great deal of insight into the way your boss behaves and the internal workings of organizations by studying management. Our point is that you don\ 't have to aspire to be a manager to gain something valuable from a course in management.

I shared my ESCI report with Mustafa Rahman, my colleague at the MBA program, Mr. Chris Kilala, my colleague of nine years at Atlantique Telecom, Ivory Coast (my previous place employment), and Mrs. Christine Eruokwu, my lovely wife and friend of seventeen years who probably knows me more than I know myself.