Preview

Benefits of Studying an Mba in the United States.

Good Essays
Open Document
Open Document
762 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Benefits of Studying an Mba in the United States.
Benefits of studying an MBA in the United States.
Knowledge in the area of business is very important for any administrator or owner of a business because it is a key to success for any company in competitive environments. When I started to study business in the university I thought that if I have only a university degree in business can be enough to manage any company. I studied the administrative process, administrative theories, finance, accounting, marketing, cost and human resources. My classmates and I thought that this knowledge was enough for a business manager. However, leading a company requires a technical knowledge in different administrative areas. The companies are very complex and they work in highly competitive environments, their costumers are very demanding and require high-quality goods and services. Although some students and professionals think that a university degree in business is enough to manage a company, in my experience I found some evidences to demonstrate there are benefits to study an MBA.
Most people think that they can manage any company with a university degree. They say that a university degree in business provides the necessary knowledge if some person want to manage a business. However, my experience on best practices of business administration say otherwise because the companies require that a manager has solid knowledge in strategic business areas of a company. In my opinion, people with a university degree in business have basic knowledge of business administration. My experience says that a manager should have skills to manage, develop and motivate staff under his direction and a critical analysis of business alternatives under uncertainty. Similarly, a manager must develop awareness of their own values and the effect of these values in making decisions within the organization. Understand the operation of different functional units of an enterprise such as business law, human capital management, organizational

You May Also Find These Documents Helpful

  • Powerful Essays

    Dick Spencer Essay

    • 1909 Words
    • 8 Pages

    Dick knew the business well which played a vital role in his success as a salesman. Fresh out of college and with a Master’s degree in Business Administration attributed to his knowledge of the business world. According to Foster-Pedley (2013), individuals with a MBA apply their new expertise and fresh…

    • 1909 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Ba 301 Research And Analysis

    • 3422 Words
    • 14 Pages

    The School of Business Administration identifies three core competencies necessary to ensure success in the workplace – problem-solving, theory to practice and long-term perspective. This course will help you to enhance those competencies, focusing on problem-solving, and build a strong set of tools and skills for the remainder of your formal business studies. You will spend a great deal of time solving problems and making decisions in your future business careers. This course will help to make you better at it.…

    • 3422 Words
    • 14 Pages
    Satisfactory Essays
  • Better Essays

    In the pursuit of a Masters of Business Administration (MBA) at the University of Phoenix have given understanding in the functional areas of business. Every organization has leaders that must study different areas within that organization. In order for them to work in these different areas in the organization, he or she must focus on the functional skills and responsibilities that they will carry out for the organization to become successful. Each employee has a responsibility within the organization, which will allow them to build and communicate the organizations goals.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Having an MBA will help me to grow as a leader in the management role; the two functional areas of the business which interest me are Leadership and Operations Management. Leadership is a skill which will help me to manage different groups to complete a task whilst keeping the group working as a team or developing the group into a team and satisfying the requirement of the individual group members. Leadership will help to inspire to convert my plans into actions. Leadership will help me to improve my communication skills, as a leader I will have opportunity to speak intelligently to diverse groups. I can develop negotiation skills, when working on different projects I will be able to negotiate on the timelines. Leadership role will help me to develop networking skills; I will get to know senior management, stakeholders, and high-profile figures. Building relationships with these people will increase my network. Leadership is an area where I will be using my knowledge and power to execute my ideas into solutions.…

    • 659 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Why Obtain an Mba

    • 1034 Words
    • 5 Pages

    Should I go back to college after all these years? I asked myself this question many times over the years. I actually feel like I wasted many years pondering this question. There never seemed to be enough time, enough money, and enough energy. Certainly there where enough excuses not to return to college to pursue my MBA.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    The Blue Spider case study

    • 1025 Words
    • 4 Pages

    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 to the high level management.…

    • 1025 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    The designation of MBA indicates the ability to lead and manage both vertically and horizontally across an organization. It is the ability to maximize organizational success by understanding the organization as a system of integrated and interdependent parts.…

    • 1275 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Having a business management degree will also give you a broad range of current business skills. You will be able to do a variety of jobs in business management. Many college programs focus on other subjects besides what you want to earn your degree in. You will have a business management degree but you will also have studied other subjects and have been shown other areas of business management.…

    • 602 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Management job is not only about doing administrative work. I, myself, being an administrative assistant in a trading company, have realized from my surrounding and my colleagues that the job is merely an administrative one and is more about taking risks, dealing with the complaints, understanding & solving problems, making the best decision possible in given short amount of time and most of all, working in team with everybody’s best shot. That is how management jobs function in firms. And as much as I want to deny the fact, it is indeed my lacking which I’ve felt through my work that I have, more than anyone, the urge to get my degree, wear the “squared on top” black hat that I’ve always dreamed of and graduate. So, why do I feel the need of degree? The answer to that will be the answer to the above question which is going to be explained few lines down from here on.…

    • 996 Words
    • 4 Pages
    Good Essays
  • Good Essays

    * You gain a broader understanding of business fundamentals. MBA students take a wide spectrum of courses in Finance, Marketing, Strategy, Supply Chain / Operations Management, Human Resources Management, and more. This “core” positions you to one day become a general executive of a company or non-profit organization vs. a specialist in only one area.…

    • 505 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    I started considering other career choices when an opportunity to move into an administrative position presented itself. I was…

    • 993 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    I decided to pursue an MBA in order to further my career in accounting. I realize that’s a pretty boring answer, but it’s the truth. The next question is: Why do I think it will enhance my accounting career? The answer to that question requires a bit more background information.…

    • 844 Words
    • 4 Pages
    Good Essays
  • Good Essays

    During my days as commerce undergraduate, I came across various options for a choice of career and perceived Management to be a challenging, versatile, innovative & evolving preference of many. Though it attracts a multitude, only a handful are able to make a mark and I want to be amongst those few.…

    • 528 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Sop for Mba

    • 594 Words
    • 3 Pages

    I was inspired to pursue a career in management from a young age, witnessing the business activities of my father. He is an entrepreneur in the electronics industry who is very business-minded and dedicated to his work. As a child, I began to absorb many ideas and concepts related to business and management. After school, I often read books and periodicals such as Business Week and Forbes, and it was clear even at that young age that I would work in business in the future. My decision to pursue a master’s degree is due to the fact that I recognize that my father is limited by his qualifications; he only earned a high school degree, relying on his own diligence and perseverance to succeed. I hope to be able to assist him and his company in the near future, and the professional management skills I learn in your institution will allow me to achieve this goal.…

    • 594 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Education is power can be taken to heart in building a business. You are sure to attract and recruit good people along the way, but you still need to have a good idea about how things in the market you are tapping work and why. Take classes, talk to others in the field and fall down a few times on your own so you learn the "hard way."…

    • 782 Words
    • 4 Pages
    Good Essays