...Listening to Carlos Rodriguez, the President and CEO of ADP was very informative as well as entertaining. I was really impressed and surprised about his personality because when I think of a CEO I picture a strict serious individual who is probably one of the smartest persons thus the reason he has obtained the position as a CEO. However this was not the case as Mr. Rodriguez himself stated “I am not here because I am the smartest person, but because I have worked hard” a statement of this magnitude inspires me and should inspire everyone to believe in themselves to reach important goals throughout life. Equally important, when he talked about ADP’s business structure it reminded me to topics topics we have covered in class such as recognizing risk, strategy, and identifying opportunities for growth. I discovered that what makes ADP successful and generates profits is its Recurring Revenue Model because clients spend many years doing business with ADP and each year the company does not start off at 0 in terms of revenue instead it knows it will have a figure in which to build on. It was important to note how Mr. Rodriguez acknowledged changes in value proposition as well as in technology has caused ADP to adjustment in order to compete with advances made by its closest competitors. This is important because they are a company that constantly is looking to improve and has a management team that is aware of changes around them giving them great position to make changes well in...
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...Top Reasons for Pursuing an MBA The Master of Business Administration (MBA) is a graduate business programme that covers a wide spectrum of business related topics from economics, organisational behaviour, project management to government policy. While it would make sense for an individual already working in the financial industry to undertake the MBA for a deeper understanding on relevant issues that she may come across at work, that is not the main reason why most are motivated to pursue an MBA. 33 percent of those surveyed in a recent poll conducted by JobsCentral of 181 individuals cited “Salary increment upon completion” as their motivation for pursuing an MBA, making it the number one reason. “Acquisition of knowledge and skills” was the second most popular reason with 21 percent picking it as their main motivation. Xinhui who is currently working in private banking agrees with the majority. She explains why she is toying with the idea of pursuing an MBA, “Besides having a better knowledge of business management, having an MBA will put me in a better position to ask for better pay,” “I had both personal and professional reasons for doing my MBA,” Debbie, who has just completed her MBA with graduate business school INSEAD, says. “Personally, it was the challenge to find the drive and enthusiasm needed to enhance my learning and to get involved in networking with like-minded professionals from all around the world. Another motivation was the opportunity to broaden my...
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...There are a very wide variety of options available for an MBA with specialization in Finance. Today, an MBA with a Finance Specialization learns a variety of subjects like Corporate finance, Costing, Budgeting, International Finance, working Capital management, investments and securities etc.With increased financial liberalization a wide array and wide variety of jobs are available to an MBA with specialization in finance. He can be working in the corporate Finance function of a major manufacturing Organization looking after management of funds for that corporate, working out working capital limits of the corporate and dealing with Banks and other financial lending institutions etc. | | A finance MBA has an option of working with leading banks or with leading Non banking Finance Companies or leading Finance Companies other than Banks. He also has options of working as a securities analyst or working with brokerage firms and dealing in buying and selling securities. Operations in the security market or the stock market is the biggest industry in India. With increased opening up of the Indian Financial market and increased international money pouring into the Indian Stocks the option available for MBA Finance are endless. Same is true of a person dealing in Foreign Currency transaction either in bank of in a manufacturing Company.But here is a word of caution: jobs of security analyst and that of Foreign currency trader are high pressure jobs which at times lead to significant...
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...customer services are provided to a manufacturing enterprise where processes and distributes heavy metal products to 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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...would have also accepted the position of project manager. Although the director mentioned that the project would be his baby all the way, but the success of the project, which was no doubt very challenging, would have given the boost to my career for which I have pursued MBA. Q2. Do engineers with MBA degrees aspire to high position in management? Ans. Yes, engineers with MBA degrees do aspire for higher position in management. The reason for this is * MBA provides you with a bigger picture of business. * MBA is considered to be an expensive education so students try to maximise their return on investment. * MBA is very much theoretical and it is important to work in a bigger role to put those theories to practice. * The basic need for an MBA is learning and sometimes the desire to rise up the management ladder. Q3. Was Gary qualified to be a project manager? Ans. Gary was well educated with an MBA degree in is portfolio. He was one of the best engineers that his company had but he didn’t had any experience of working in projects. He was technically very good at his work but his skills in managing people and performing under pressure was not tested. Some previous experience of working in small roles in projects or important roles in smaller projects may have helped Gary to take on the project as big as the Blue Spider...
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...Obtaining an MBA requires a certain level of motivation, determination, intellect and a strong will of power to succeed. As an individual who has consistently proven myself to possess these traits, I firmly believe that I have the ability necessary to execute the obstacles accompanying the degree of a Masters in Business Administration (MBA). With a unique and diverse background in both my professional and personal life, my experiences have led me to pursue a career in business that encompasses several small and large scale goals. Upon graduating from the University of Massachusetts- Boston with a bachelors degree in Biology, I was fortunate enough to work in the biotechnology industry under two different companies. During my time at these companies I became heavily involved with several colleagues whom have taught me a tremendous wealth of knowledge I carry around wherever I go. I came to greatly respect these individuals as they have helped shape my professional career by serving as a support system. These people all had one specific common denominator. They had all obtained graduate degrees ranging from MBA to PhD as well as MD. These colleagues of mine were absolutely experts in their fields and it is attributed to the fact that they studied a subject they had been deeply passionate about in graduate school. I would love to emulate what these great minds have done by attending graduate school so that I too am able to become an expert in the field of business. Graduate...
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...The MBA Programme at Yangon Institute of Economics in Myanmar launched in June 1995 as an important element of the infrastructure that is being developed to make the country’s commitment to a market economy a successful reality. Due to cope the tremendous and far-reaching changes occurring in today’s conditions, the department introduced again Executive MBA Programme In 2002.Furthermore, after an experience of 12 years with MBA and that of 4 years with EMBA, the Online MBA Programme was introduced in 2007 and has been in progress. External and Internal Environment reflects on MBA programme One of the core objectives of MBA programme is to ensure a steady stream of men and women trained to meet challenges managing modern businesses in an increasingly competitive environment. The study of management traditionally focused on a closed-system view within organization, such as leading, organizing, motivating and controlling. Even these views are accurate, but not complete to be effective managers. To be effective, management of an organization should monitor and respond to the environment as an open system view. The external organizational environment includes all elements existing outside of the MBA programme such as International, Technological, Social cultural, Legal and Political, and Economic condition that influence the organization. These factors are general environment, the outer layer that is widely effects to the organization. International The international environment...
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...Writing an Argument Decision to Pursue an MBA Damita Jackson-Owens MGT 521 September 7th, 2011 Glenn Perry Writing an Argument Deciding to pursue a master’s degree in Business Administration is a decision worth sincerely contemplating. Not only may it boost in your self-esteem but you will obtain satisfaction for your ability to get recognized professionally. It can be an effective tool to enhance or advance one's career if carefully researched career goals are considered. It is an enormous commitment of time, personal sacrifice and financial investment and those who consider pursing it need to consider its value prior to pursing it. This brings me to discuss why I want to pursue my MBA degree. As the old saying goes, “A mind is a terrible thing to waste” and someone has at least heard this phrase told to them, “Knowledge is power” so therefore education is a lifelong process and you could never have too much knowledge. I will discuss my reasons for pursuing my MBA, share my personality traits and look at the pros and cons on obtain an MBA. My decision to pursue my MBA After obtaining my degree in Business Administration in April 2011, furthering my education immediately became an option in efforts to broaden my career opportunities. I am currently employed by the City of Tucson as a Housing Services Agent working with low-income families who are in need of housing under the Housing and Urban Development (HUD) public housing sector and have been with the...
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...Pursuing My MBA Pursuing My MBA May 6, 2008 Introduction One of my many dreams has always been to completing my education. As a single parent raising two boys, and working fulltime, it was a dream of mine to earn a college degree. Finally, I had the courage to get my undergraduate degree at the age of 49 from Jacksonville University. I considered myself lucky because several professors truly made quite an impact in my life. They advised me to pursue the MBA after one year of rest, in order for me to get some of my personal affairs in order. My former professors perceive me to be an outgoing person with a vision and a low tolerance for incompetence. They often refer to me as a natural leader. Possible career as a manager, I did not want to risk having my plans ruined. I thought long and hard to analyze the time it would take me to complete the MBA and the time I had to give up to accomplish my dream. My decision to pursue an MBA degree was more on considering the benefits of an MBA degree and the opportune time to do it. I decided that it made more sense to wait a year rather than pursue immediately after earning my undergraduate degree. I knew that choosing to pursue an MBA would basically open up new career opportunities. Some of my concerns were getting back into studying and test-taking mode, which doesn't always come naturally after some time away from it. I’m fully aware that attending work and taking classes at the same time can be a heavy...
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...provide all the information related to MBA colleges. There will be a database of all the MBA colleges in India. People can read about the colleges and decide where they want to take admission. We will also sell forms of every college. We will give them the link where they can fill the application form. People can order form of any college where he/she wishes to apply. We will help then in filling the forms. Mission: Remove confusion from the mind of people who want to pursue MBA. Key customers: Our target customers are those people who want to do MBA from a reputed college which are people who are pursuing graduation, working etc. We will provide them with all the information and will help providing them forms of different colleges. SWOT Analysis: Helpful to achieving the objective Harmful to achieving the Objective Internal origin (attributes of organiztion) Strengths: • The online registration system • Payment can be done by debit/credit. • All the information at one click Weakness: • Less staff • Regular update about colleges External origin (attribute of the environment) Opportunities: • Faster market growth • Serve additional customer groups Threats: • Financial constraints: shortage of funds • Non-representation of huge percentage of professionals as members. • Limited networking capacity • Many Competitors 7P’s: Product: Providing detailed information and forms of MBA colleges Place: People from any part...
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...MBA programs expose students to the full depth of business function because they are created to apply science to management. The MBA is something that individuals in the more technical industries (math, science, etc.) obtain to expand their opportunities beyond what is available to them. An MBA means these individuals are now candidates for new, managerial positions – going from working “with things” and going into working “with people”. Similar to these individuals, I want to earn my MBA to open future professional opportunities. Personally, an MBA will help me bring value to my family and community. I currently hold a B.S.in Business with an emphasis in Information Technology and work in the Risk Assurance field. While I have a business degree, the work is do is technical in nature – programming, reading code, auditing and developing technical strategies to address risks. While I interact with individuals from the business it’s generally with other developers or programmers to discuss and address technical issues. As I progress my career at my workplace, I can see that the functions of my job will change. I see my superiors doing less of the technical work and more work with the business and our clients. Currently, some of my peer group and coworkers hold masters degrees, but they are all in accounting. While this is valuable, I feel an MBA will go much further. By earning an MBA, I will be able to bridge the gap between my technical knowledge and the managerial side of my...
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...of an Argument: Reason for Obtaining MBA Michael R. Lowe MGT/521 Management Feb 22, 2010 Dr. Kenneth C. Sherman Argument Construction pg 2 Abstract In constructing an argument for the support of my decision to achieve an MBA degree, I was reluctant to go back to school at all, for the simple fact that I have had very little success with my BA/IT. My decision to return to school was based at first solely on my inability to repay the loans that I have already incurred for the BA. So, I really did not have much choice but to return to school, so that repayment of said loans will be deferred until after I have completed Graduate school. However, after making my decision based on the preceding facts, I am beginning to realize the importance of obtaining and putting the degree to work. To have my MBA in many cases where landing better employment is concerned will demonstrate a higher level of commitment and achievement too many potential employers’, or to obtaining funding to have my own business. In turn having my MBA will help to open doors that otherwise may not be open at all to those without their MBA. Argument Construction pg 3 When looking into whether or not I should pursue an MBA, there were several different factors that...
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...My Decision to pursue MBA decision to start MBA is one step to reach my personal goal and in order to further my managerial career. I completed my bachlor of engineering in computer technology in 2002. I start my career as marketing executive in 2000 i.e. before completing my bachlor as I comleted my bachlor I join a software firm siliconswift software solution as software engineer but I were alwayes want to be a management person so I did what ever I can do to be a part of management team and I accomplish that goal with in two years and became a business development manager which was my first goal of carrer. After working as BDM for one year, managing development team, working with clients,etc I always feel lack of management skills, what ever I learn with siliconswift software solution is not saficient for me. I talked to my program manager Ajay Rathore and he is the first person who suggest me to go for MBA. he said that if my real goal is to a successfull manager I have to go for MBA. The decision to pursue an MBA was difficult to make and there were many factors to consider. Those factors include timing, expenses, being out of school for a long time and simply having the motivation. The rewards are endless and far out weigh the aforementioned factors. Earning a degree is important because it improves quality of life, expands knowledge, it’s a great investment towards a great career, and it gives a sense of accomplishment. After comming...
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...CHANDIGARH ANALYSIS OF MBA PROGRAM: A COMPARATIVE STUDY OF FULL TIME, PART TIME & EXCECUTIVE PROGRAM SUBMITTED BY IDRISS BATCH: SPRING SUMMER/2010-2012 MBA ACKNOWLEDGMENT The process of working on the Research project is a great learning experience for us. In this endeavor, we have received encouragement and guidance from many Persons and we would like to thank them. Our sincere thanks to all the academics and visiting faculty of IIPM and SASIIT at Mohali. Under theirs supervision, we gained a lot of exposure and understanding in Analysis of MBA program. Without their help and supervision it was not at all possible to go ahead. We would also like to thank all the students of Indian Institute of Planning Management (IIPM) at Chandigarh, Indian School Business Management (ISBM) and SAS institute Mohali to fill up the questionnaires. But also supported and co-operated with us during the project. Our sincere gratitude goes to Prof. MONICA AGGARWAL for her constant guidance and Patience shown for clarifying our doubts, her whole-hearted support and positive criticism. Ours gratitude are also to all those respondents who carefully and willingly filled the questionnaire. We also would like to thank our visiting faculty for their support and encouragement given to us during preparation of the project. We personally acknowledge to ably guide us in completing the project and also enlighten about MBA Degrees in Education field in Indian and its related issues. CONTENTS ...
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...Tax Research Assignment #1 Facts Ima Nurse is a registered nurse who has been working as a Medicare reimbursement specialist at a hospital since 2008. She has enrolled in an MBA program for two reasons: 1) to increase her financial knowledge and skills needed in her current position and 2) to increase her managerial skills in order to enhance her prospects of eventually obtaining her supervisor’s position. An MBA degree is not a specific requirement for the supervisory position. During 2011, she paid $10,500 for tuition and fees at UMSL. Her employer, the hospital, reimbursed her 60% of tuition costs or $6,300 as part of their education assistance program and this amount was not included in Ima’s Form W-2 wages. Issues 1. What portion of the $6,300 reimbursement (if any) needs to be included in Ima’s gross income on Form 1040 and does she need to pay taxes on it? 2. Is the amount she paid in tuition and fees - $10,500 – fully deductible from AGI or toward AGI, partially deductible from AGI or toward AGI, or not deductible at all? Analysis of Applicable Law and Authority 1. ISSUE 1: What portion of the $6,300 reimbursement (if any) needs to be included in Irma’s gross income on Form 1040 and does she need to pay taxes on it? According to IRC Section 127, an employee is allowed to exclude from gross income up to $5,250 annually of employer-paid education expenses (mainly tuition, books and supplies) under an education assistance program. Therefore, since Ima...
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