The Portable MBA, Fifth Edition
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EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
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many people with a master of business administration degree say that their MBA education was transformational in its impact on their lives. If you ask them to describe their experience, however, you will hear stories that differ considerably from each other. In fact, no two people have the same experience because there are 463 accredited M B A programs in the United States, and each has a slightly different curriculum, student body demographics, location, specialties, teaching styles and so on. MBA programs are offered in a number of formats, including one year programmes, part time programs and programs offered by distance, in other words, via the Internet. In the United States, however, most of the best known MBA programs are delivered as full time two year programs. We believe the full time two year degree offers the best learning experience due to the high concentration of face to face learning in the classroom and the resulting intensity of the learning environment. In the chapters that follow, we present a curriculum experience that is typical for most of the full time two year M B A programs. Each chapter contains business principles and concepts for a particular business function or topic. This is the content of the MBA program, which is the glue that holds an MBA. Students experience together as an MBA student. You will learn a language of business that will connect you to the university, the business school, the faculty and fellow students for the rest of your life. We cannot overstate the importance of having a quality curriculum delivered by a first rate faculty as the key ingredients of an MBA. Students experience. However, before we talk about the courses and the curriculum, this introduction gives you a feel for the overall MBA. Experience all the events that surround and contribute to learning, such as the classroom, the community, the career search and life balance the classroom. The amount of material relevant to developing a business leader has reached epic proportions. While there is a trend toward shortening MBA programs to reduce the time and cost associated with getting the degree, there has also been an explosion of information about business and management practices. Therefore, an MBA curriculum cannot begin to contain all you need to know about business, but rather represents the faculties careful choice of the most relevant and most impactful topics for a newly minted MBA entering the workforce. Nevertheless, all MBA programs share the trait of £10 of material stuffed into a £5 bag. This makes the daily schedule the biggest challenge facing an MBA student. Not surprisingly, much of the daily routine revolves around classes, preparing for classes and attending those classes. The typical MBA classes, fast paced and rich in content. This is where the action is, whether it's the professor moving the class through a new concept or students engaging in a debate about some aspect of the concept. There is a high degree of engagement and involvement. Teaching styles vary from the classic lecture format to a less structured discussion. For men, the most common discussion based classes are those based on a case study in a case method class. The discussion has centred on the analysis of a case study that puts the student in the shoes of a manager facing specific challenges at a certain point in time for a particular company or organization. The task of the student is to come to class, prepared to make recommendations for courses of action and to explain and defend those recommendations to the professor and the rest of the class. The professor's role is to use various recommendations to facilitate a discussion among the students that brings out the key learning points for the day. In a more traditional lecture class, the professor will build on assigned reading and problems with a lecture and or discussion about the topic. Every class is a highly valued learning opportunity, and MBA students are not shy about challenging the professor and each other to get the most out of their time together in class. Ultimately, each student is responsible for his or her own education, and each student should strive to contribute to the many learning opportunities that arise in each class period.