MBA Rankings

Are you considering going back to school for your Masters of Business Administration?  You aren’t alone.  Lots of workers and new graduates are hoping that an MBA will guarantee them a higher salary and more job security during the economic crisis.  One of the first things that prospective students look at are the MBA business school rankings.

It seems like every magazine has their own system of ranking and it is hard to know which ones to trust.  To start with, you should know that the MBA business school rankings have been controversial for years.  It is only recently that these studies have been accepted by the general public.  In fact, they have become too accepted and many people base their school decisions solely based on MBA business school rankings without knowing what they mean.

MBA Entrepreneurship Rankings

Many of the top businessmen today were college dropouts.  Just look at Bill Gates, Michael Dell, and Mark Zuckerberg.  Yet, in today’s economy, more and more students are returning to school for an MBA in entrepreneurship.  The idea is to get a leg up on the competition and a good start in a tough business climate.  When choosing a school, most people turn to the MBA entrepreneurship rankings.

MBA entrepreneurship rankings, like all rating systems for schools, can be very confusing and present a flawed picture of the school.  While MBA entrepreneurship rankings are a good start for assessing a school, you should still look at each of the programs individually and see what fits your needs.  Often, the best schools in the MBA entrepreneurship rankings aren’t the best schools for learning managerial skills and marketing experience.

What Can You do With a Criminal Psychology Degree?

Criminal psychology professionals focus on understanding the psychological motivations that occur behind any given crime and aid law enforcement officials by creating psychological profiles of a suspect and then later a defendant.

Criminal psychology degrees are first offered by many schools at the Bachelor’s degree level but the most successful (and highly paid) criminal psychologists have usually advanced their education beyond that stage to a doctorate level. 

What Criminal Psychology Degree Programs Entail

Although it has been glamorized by television to a great extent the work is harder and not quite so glitzy as CSI might make it seem but it is still a fascinating and often very rewarding profession. Criminal psychology degrees not only cover the many necessary facets of psychology but an in-depth study of the law in general as well. The further into the educational system a student goes the deeper this study will become.

Pursuing a Master’s Degree in Photography – Is it Worth It?

Do you need a degree of any kind to become a photographer? No, not necessarily but for those who are serious about photography as a career, or might want to teach in the future it certainly gives them an extra edge.

A master’s degree in photography is often a great choice for those who have earned a Bachelor’s Degree in a different discipline but wish to continue their education on a different track – perhaps capitalizing on a hobby – after all ever professional photographer has to begin as an amateur.

What Course Work does a Masters Degree in Photography Cover?

Earn a master’s degree just by taking photographs all day? Sounds like a doodle, but there is actually far more to earning a master’s degree in photography than just snapping a pretty picture.

MBA in global management

A day in the life of Joseph M. McNerney,

What I Do

As a manager at an Australian consulting firm focusing on growth strategies, I am in charge of a major piece of a project for a particular client. Perhaps unlike other larger consulting firms, a manager here does not have responsibility for more than one client at a time. We have a partner or high-level principal at the client site day to day and several managers like me running different pieces of the engagement.

Generally, with any client I am responsible for business process design on operations or technology-based projects—these projects are available in two flavors. At the high level, I might do a strategic piece of work to help a client launch a new type of business or change an existing one.

This could involve establishing management structure; planning physical changes, infrastructure, and technology; setting up marketing, sourcing, and call centers; and making everything work together. Or at the implementation level, I might do a “value management” project to actually turn the high-level strategy into an operating reality. The best kinds of projects are [those in which] I can do the strategic development first, and then move into the implementation role and finish the job.

How a management consultant utilizes his MBA education

I am a management consultant in the global services practice of my company, which provides a full range of consulting and professional services to our clients. This full-service approach complements our technology or product business and helps our base of customers take maximum advantage of their technology investments.

We frequently do management consulting as a stand-alone project (for example, to help our clients set their e-business strategy), and we occasionally partner with pure-play management consulting firms. We might also be part of a multivendor project that my organization is project managing. It depends on what services the client wants to buy in support of its business objectives for the project.

I am responsible for consulting engagements within the public sector—government and education and health clients.  On a typical client engagement, I work at client sites from six weeks to three to six months, as part of a small team.

MBA and startups

I am responsible for the technology side of our software development company, which targets the insurance supply chain. My role as chief information officer (CIO) is to manage the product and technology development and bridge the gap between the domain (or education experts) and the technical staff.

We deal with large target group (people who want to pass the GED exam), specifically, we offer online GED prep to help narrow the knowledge gap through the free content, from the occasional website browser to a committed student who invests in his study materials.We also work with companies, through their HR officer.

I learned the technology piece, backed by years in the industry and a deep understanding of data supply chain issues.

What I Enjoy Most

I love a challenge. There is a new challenge every day with a company that is just three years old. We launched when I was getting my MBA part-time. There is no better way to experience how to manage a business and the people than to roll the MBA curriculum into real life.

Military vets and MBA programs

Veterans are owning almost 10 percent of all businesses across America and employ nearly 6 million people. Studies carried out by the U.S. Small Business Administration, veterans generally are much more likely to start their own business than non-veterans, and their five-year success rate surpasses the national average significantly.

Now why would that be?
Veterans enjoyed military training, and this has developed quite a few of those traits and skills required to become successful entrepreneurs. These capacities are including feeling comfortable with ambition, uncertainty and autonomy, self-efficiency, effective decision-making, and a desire for achievement.

How to choose an MBA program when you are successful

A Day in the Life of Gloria L. the President of a company that designs and makes medical devices

What I Do

My company is privately held with five people and was founded in 2011. We make medical devices that remove obstructions; technically, we outsource the manufacturing. I started the company in my second year of the MBA program at Babson as part of the entrepreneurship intensity Track (EIT) for which 25 of us were selected to participate. This enabled me to launch the company in the safe environment of the school while getting all the advice of faculty, office space, and funding before graduating with the MBA.

A major part of my role as president, especially in the early stages, was securing funding. Because of our small size, I do most everything: financials and budgeting, fundraising, strategic planning, some engineering, and interfacing with the outside world.

The other members of the organization include a research-and-development engineer, a quality engineer, and a sales and marketing person.

What I Enjoy Most

I love being my boss and leading the company in the direction I think it should go. I like performing a variety of tasks and constantly learning.

How the MBA degree benefits a startup founder

330bd12581d5d0f7feff240a7cb35335Words of Advice If You Are Considering This Career Path

If you are looking to start a company, you have to have a very realistic business plan, particularly in this economy. Gone are the dot-com glory days of free-flowing financing, huge marketing budgets, and expensive office space.

From the very beginning, you have to plan carefully and manage your resources very efficiently. You have to find creative ways to extract the most value from each dollar and individual because it will be a long time before you have all the resources you want or need.

Pay attention to your financial statements and make sure you manage your cash flow. If you aren’t hitting your goals, make adjustments sooner than later—it will almost always take longer to get where you’re going than you originally predicted.