...Business in Administration is a detailed study of business management. The MBA program holds personal, educational, and future value to furthering careers. Obtaining an MBA, does not just include knowledge of management and leadership skills, but a specific concentration of your choice can be added to the degree, as well. For example, my future profession will deal mainly with accounting, so I am pursing my MBA with a concentration of accounting. Many different benefits come with obtaining an MBA: better opportunities in the career industry, higher salaries, getting the upper hand with more experienced employees with no education, and personal gratification. According to the University of Phoenix Jungian Personality Self-Assessment Library (2007), I was evaluated as INTP. The “What’s My Jungian 16-Type Personality,” considered me as…socially cautious, enjoy problem solving, and highly conceptual. The possible career choices were plastic surgeon, software designer, psychoanalyst, private investigator, financial analyst, mathematical, photographer (University of Phoenix Jungian Personality Self-Assessment Library, 2007). A higher education can only further your career with better opportunities in the workplace environment and increased salaries. More job opportunities will be available to those with educational experience. The MBA program will help with a better paying job because of the educational experience and the commitment invested in your future. Education is essential knowledge...
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...Pursuing an online MBA program over an on-site program Shirley Ann Gates Bus 620: Managerial Marketing (MAC1042A) Professor Nancy Waldron November 16, 2010 Executive Summary of Marketing Plan In today’s world, being able to obtain an adequate amount of education will increase the chances of better opportunities in the job market. Students entering MBA programs are now given a choice to obtain their education online opposed to onsite. Both MBA online and onsite programs share a common goal, and that is to assist students in obtaining their degrees. MBA online programs are convenient, because they are available to the students, any place, anywhere, and anytime, and will allow students to be able to complete their assignments within their own timetable opposed to an onsite setting, that you must meet the timetable of the facility in order to obtain your educational needs. According to Terry (2007) “online instruction provides flexibility for students in that it reduces the often substantial transaction and opportunity cost associated with traditional campus offerings. The flexibility in structures is countered by potential problems including lack of personal interaction (Fan & Lewis, 2001), the elimination of a sense of community (James & Voight, 2001), and the perception of lower quality (Terry, 2001). On sites courses have some advantages whereas, it allows students to interact with their peers, attend lectures, and physically work in groups. There are...
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...Tax Research Memorandum To: Lauren Smith From: Date: May 18, 2012 Re: Tax Treatment of MBA education expenses Facts You incurred $15,000 in educational expenses in the course of earning a MBA. You want to deduct these expenses as an employee business expense in your tax return since your employer does not have an education expense reimbursement program. Issue The issue is (1) whether the education was required to keep your present salary, status or job and/or the education maintains or improves skills needed in your present work, and (2) whether the education was needed to meet the minimum educational requirements of your present trade or business, and (3) whether the education is part of a program of study that will qualify you for a new trade or business. Rule It has been established that education expenses can be deducted as business expenses when the education maintains or improves skills needed in your current work but the education was not needed to meet minimum requirements and did not qualify you for a new trade or business. Publication 970 (2011) Tax Benefits for education Federal Tax Regulations, Regulation, §1.162-5., Internal Revenue Service, Expenses for education Singleton-Clarke v. Commissioner, T.C. Summary Opinion 2009-182, Allemeier v. Commissioner, T.C. Memo. 2005-207 Blair v. Commissioner, T.C. Memo. 1980-488 Sherman v. Commissioner, T.C. Memo. 1977-301 Link v. Commissioner, 90 T.C. 460, 463-464 (1988) Schneider v. Commissioner...
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...in nursing practice. The program is two years. Should I pursue another master’s degree but in business administration or move on with my master’s in nursing administration and go right for my doctorate in nursing practice? My true goal is to stay true my nursing core values. I would like to be prepared for a role as a Chief Nursing Officer (CNO). Introduction – Overview of Decision Problem Problem Statement The nature of the decision correlates to pressure as I am quickly approaching the end my current graduate studies. I decided to pursue my masters in nursing with a specialty in nursing administration. My current educational institution provided me the option to continue one additional year for the purposes of obtaining a masters degree in business administration. It is called a dual degree, MSN and MBA. I also, have the option to graduate now with just the MSN...
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...support of my decision to pursue my MBA degree and its importance to me. I will also include the results from the Jungian 16 type Personality self-assessment that was done to assess my personality type and to determine how others perceive me. Importance of Earning an MBA Degree The question been asked is why do I need an MBA to excel? This is just a question in the minds of thousands of individuals who wish to excel in their professional career and who seek to achieve some form of independence. ‘Why does achieving an MBA important to my development’, an MBA is seen as a steppingstone to further enrich my way of life. Earning an MBA can be seen as a very important accomplishment in one’s life, as it allows the individual the opportunity to accomplish his or her goals in life and have a standing in society and the business world. Achieving an MBA is not just acquiring a piece of paper with one’s name written on it but rather a milestone in one’s accomplishment. The milestone that will allow me to be better equipped for managerial level positions in the professional world and also will allow me greater marketability as it paves a path for my professional growth. This will allow me to go out into the world with a better chance of obtaining a job and to be in a specific socio class. In other word’s an educational investment paying off. According to Tomar (2010), “Major companies are presently requiring for their employees to obtain an MBA before they are being promoted and...
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...I believe that an MBA is vital for both my current and future endeavors. As the world’s population is getting more educated and challenges are becoming more complex it is pivotal for one to possess a well respected and extremely useful advanced degree. I feel that gaining my undergraduate degree and working for some years after has prepared me for the challenge and privilege of working towards acquiring my MBA. I would greatly utilize, honor, and respect the award of a graduate degree from The University of Maryland. My short term aspirations after receiving my MBA are to acquire a managerial or more senior level position within a large, international organization similar to where I now work. In the current business environment those making important decisions and being entrusted with greater responsibilities must have the prerequisite experience, education, and background to succeed. The Smith MBA will inspire confidence in potential employer’s that I can handle the myriad of possibilities that must be dealt with on a daily basis. In order to be confident of your upward mobility within an organization or as a business owner you must be someone who is prepared for current and future challenges that you will face. My colleagues at the World Bank have demonstrated to me the advanced educational background and constant desire to learn that is necessary to thrive in today’s competitive business environment. Most of those in leadership positions within large organizations...
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...foreign markets might be a challenge. This transition needs a thorough understanding on business phenomenon and solving problems effectively. I had worked as supervisor at customer service and credit department of the bank for several years. With experiences in these fields, my short term goal after switching the job is middle manager in finance area. My long-term goal in the next five years is to become senior manager in that company. From my point of view, MBA is a perfect preparation to guarantee for the success of my career goals. My purpose is to concentrate fully in studying, therefore I quitted the job to pursue an MBA program. 2. MBA role in my career planning Self-awareness is extremely important in evaluating my own strengths and weaknesses, identify advantages acquired from MBA program and position myself in the labor market. Strength Banks associates with customer’s trust so the job requires high level of preciseness in all transactions which partly shapes my personality of honesty and cautiousness. In an effort to bringing the comfort to customers I have built up a sense of empathy to the customers, thinking in their position and doing what fits their needs. These personalities are essential to be a manager. My educational background is International studies which equipped me good knowledge on characteristic of important economic...
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...How will the Executive MBA program contribute to my career objective and how will my experience and expertise contribute to the educational experience of other participants in this program? In 1994, onboard USS TRIPOLI (LPH-10), during my first Navy deployment, I was at a crossroad of leaving the military or staying in and making it a career. I was a young enlisted air traffic controller and had just completed my Associate Degree with, what I thought was, an impressive 3.6 GPA. I was ready to take on new challenges in life. During my deployment, I read a book by a successful Georgia businessman, Truett Cathy, “It's Easier to Succeed than Fail.” This book truly inspired me, because of Mr. Cathy’s great faith and relentless pursuit for success. After reading Mr. Cathy’s book, I wrote a letter to his corporate office in Atlanta, GA in hopes they would hire me based on my letter and unyielding determination to succeed in spite of the odds. Unfortunately, Chick-fil-A turned me down but, I did not stop improving myself. One key passage from the book inspired me to this day, “self improvement on a continual basis is that individuals in business can have serenity and security.” I remained in the military for another 17 years after I wrote that first letter to Chick-fil-A. During those years I continued my education earning by B.S., M.S. and my Project Management Certification. I have a passion to learn as much as possible about business. At present, our country is approaching...
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...A MessAge froM the DeAn Welcome to Melbourne Business School’s new Executive MBA. This new program complements our long-running Senior Executive MBA, which for more than 20 years has been equipping senior executives with the tools and skills to lead organisations. Our graduates can be found in the executive ranks of sectors from banking, mining, health and government to the law. Our aim is to educate ambitious, highly-skilled business executives who can lead organisations effectively and responsibly. The challenges organisations face are profound: being globally competitive, motivating people to exceptional levels of performance, and creating a climate of innovation. Our new EMBA is a globally-oriented program designed for busy professionals with at least five years’ management experience. The modular format—formal class time of four days a month including a weekend, over 18 months —is designed around the life circumstances of busy professionals who juggle demanding work and family responsibilities. A Melbourne Business School Executive MBA is synonymous with excellence. Our international faculty publish in top academic journals, bringing you original, generalisable research insights, and they bring to the classroom active business and consulting experience. As an MBA school majority-owned by the business community, you’ll experience business relevance in every aspect of the program. You will broaden your repertoire of responses to challenging business problems, and develop your...
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...leadership as expressed in service to others for the common benefit of humanity. In 2009, Hariri Canadian University (HCU) started its MBA program in 2009, with only 7 students enrolled in class. It offered MBA education with one emphasis which is General Management. Although HCU’s MBA merely has a history of 3 years, it has already gained a good reputation. Today in 2012, the registration rates show an increase as the number of students reached 26. MBA applicants are increasing slowly. Two fundamental reasons contribute to this increase. On one hand, MBA is needed in the workplace. More students are choosing MBA due to pressures from their current jobs. On the other hand, the Lebanese culture regards education as a vital tool for progress and social welfare. The achievement MBA is winning wide social acceptance and is said to improve education quality. Although HCU is ranked as the 11th among the top universities in Lebanon, maintaining a good position at the educational industry is not easy. The educational industry in Lebanon is very competitive, having more than 41 accredited universities and vocational institutes. However, Universities in general face a difficult barrier when they plan to enter the MBA education or expand the range of its specifications because of the accreditation process and evaluation system for the qualification of MBA. In...
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...To pursue a master's in business administration Gary M. Newsome MGT/521 August 17, 2010 Stephanie Jackson To pursue a master's in business administration Many people set goals in life with a mindset of accomplishing these goals, and there is no more important goal than achieving a higher degree in education. It always has been my ultimate goal to achieve a master’s in business administration (MBA), but because of the time constraints and long deployments of military service, attending an institution of higher education for an MBA was out of the question. After 30 years of military service and beyond the age of 50, there is no better time to conquer my dreams and achieve my personal goal in obtaining my MBA. This accomplishment will open new a new path toward venturing into another outstanding career. The value of higher education is an important factor for advancement. The opportunity to excel would be the primary reason to achieve this goal while gaining the skills, and knowledge, of management. A position of increased responsibility requires much knowledge to be successful and a company, or business, may fail without these credentials. Mintzberg stated that “managers are important people who are supposed to sit above others, removed and disconnected from the work of making products and selling services. The higher they go, the more important they are, so that on reaching the top, becoming Chief Executive Officer; they are the corporation even if they arrived yesterday...
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...Joel Lindner Professional MBA Application Personal Motivation Statement Since my undergraduate education came to a conclusion, I have been searching for ways to further develop my career skill sets and to increase my marketability in the workplace. After finding an outstanding job at GEICO Insurance, I am now reaping the benefits of my hard work and dedication, yet there still burns a desire to further explore my educational opportunities. I know in my heart that an MBA from the University at Buffalo will ensure future professional success at GEICO and further develop my potential growth in the workplace. Over the next three years, my career has a well-defined and structured path. Recently, I completed two management-training courses at GEICO, the Associate Development Program and Mentorship Program. These programs have instilled solid leadership skills needed to take my career to the next level. Over the next year, I will complete a supervisor preparation program, leading a small team consisting of ten new hire associates. Following the team’s completion of required goals and training, I will be promoted to a full-time supervisor position at the conclusion of a supervisor preparation program. As supervisor, I will take advantage of my strengths of goal driven, team oriented and hard working to produce consistent and strong results for my team and for the company. By doing so for the next 12-18 months, I will be ready to take on my next challenge at...
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...signing up to a raft of new private courses offering an MBA, or Master of Business Administration, according to educators and students. In the West, the MBA and similar post-graduate programs have long been the go-to qualifications for would-be high fliers. But as Burma’s government undertakes economic and political reforms to open the country up to foreign investment, managers still lack formal qualification. “In Burma, people mostly work using experience, but they lack the theory,” said Aye Aye Mar, principal of the Business Institute Yangon. “When the country opens up, we can’t work as we used to before, we have to follow the global trend.” The Business Institute Yangon is one of a handful of private institutions that have begun offering MBA courses in Burma in recent years, as people increasingly stay in country to get the qualification rather than study abroad. “Both theory and experience is required in the workplace,” added Aye Aye Mar. “People need to read and study sample [business] cases. [Managers] can make better decision where they have completed master’s-level business studies.” These private institutions in Burma have tied up with universities in Thailand, France, UK and the United States, who provide valuable accreditation to the degrees. Many study for their MBAs while working a job, so courses are structured so that teaching is at weekends and in the evenings. Su Myat Mon, who is studying for an MBA and is also overseas director at SR Worldwide Education...
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...Getting my MBA: The right choice at the right time Jake Medlock MGT 521 April 4, 2011 Bob Armbrust Getting my MBA: The right choice at the right time The American job market is growing tougher and opportunities for advancement are dwindling. More business professionals are finding it hard to compete in such a diverse, global, and highly competitive workforce that becoming the norm in American business. It could be that opportunities are simply not there, or that people are not trying hard enough to advance to the position they want. In most incidents this could be the case, but with such a flooded job market, fewer jobs, and an economy crying out for only the best and brightest, the need for higher education is obviously the answer to get that new position in a new company or to advance up the ranks of a company today. In fact, enrollment trends in MBA programs are continually on the rise with just 5,000 MBA’s earned annually in 1960 to over 150,000 earned in 2010 (Hansen). These numbers indicate that the MBA will make the bachelor’s Degree seem more like a high school diploma, especially in the field of sales and management that I am currently in. When I began my sales career over eight years ago, I did not even think of an MBA because I had assumed that the longer I worked, the more money I would make, more opportunities would come my way, and a bachelor’s degree would be good enough to get me to where I wanted to go. As the business world progresses...
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...I am excited to have a university education, and for the opportunities that will open up for me! I have a vision for my career that has largely developed from previous work and service experiences I have had. I am hoping to have a dual-career in Personal Financing, owning my own Financial Brokerage or Firm, and in the Church Education System (CES). I will be getting work experience in financial planning during school, and then will use my initial degree in Personal Financial Planning to get my CFP certification and begin my business. That degree and certification will open up partnering and hiring opportunities I would not have otherwise, and enable me to help others find financial security and prosperity. I then plan on pursuing an...
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