My Decision to Pursue an MBA Degree The decision to pursue a master’s degree these days is highly important due to the professionally competitive environment that we live in. Everyone has a bachelor’s degree but an MBA is a way to stay ahead from the rest‚ it sets you on a higher level. I chose to purse my MBA in order to further my career and have better opportunities. According to the “What’s my Jungian 16-type Personality?” assessment I have a possible career future as a manager‚ management
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Betsy Bellard Dr. Praveen K. Das Minicase Chapter 6 January 30‚ 2013 1. How does Ben ’s age affect his decision to get an MBA? Age plays a huge part in Ben ’s decision to get his MBA and to be able to become an investment banker he will need to start on his MBA as soon as possible. The longer Ben waits‚ the harder it will be for him to accomplish this goal. By completing his MBA at a young age‚ he will have the opportunity to potentially raise his income by 4% each year. Also‚ most businesses
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Business Economics MBA LIMITS‚ CHOICES AND SCARCITY ANSWERS TO END-OF-CHAPTER QUESTIONS 2-1 Explain this statement: “If resources were unlimited and freely available‚ there would be no subject called economics.” If resources were unlimited and freely available‚ making choices would not be necessary. Every person could have as much as they wanted of any good or service. Economics‚ the science of choice‚ would be unnecessary. 2-2 Comment on the following statement from a newspaper
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Case Study Three: Thanks for 24 Years of Service. Now Here’s the Door! Russ McDonald graduated from the university of Michigan with his MBA in 1969. He had numerous job offers but chose General Motors for several reasons. The automobile industry offered terrific career opportunities‚ and GM was the world’s number one car manufacturer. Salaries at GM were among the highest in corporate America‚ and a job at GM provided unparalleled security. A white-collar job with GM was the closest anybody
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Ice Cream Case Study Teaching Notes Video: Ben and Jerry’s Ice-cream Wars 1. What was Ben and Jerry’s ‘strategy’ in the video? 2. What stimulated the strategy? 3. Was it planned or emergent? 4. Was it successful? 5. How does this case help you think about ‘What is strategy?’ Were their decisions strategic? Yes‚ because: * Affected company as a whole * About scope and direction * Long-term Resource implications * Yes‚ they had to invest 5 pounds in a “correspondence
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Running Head: MD/MBA: Making the Decision The Dual MD/MBA Degree: Making the Decision Gannon University Final Paper August 4‚ 2011 Introduction The reality of the current healthcare system in the United States is that costs are rising to out-of-control levels‚ quality of care is increasingly deficient and millions of Americans are without access to care. Traditional education for healthcare administrators has centered on business practices and organizational
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How does Ben’s age affect his decision to get an MBA? Age is definitely a huge factor in his decision to get an MBA. The younger the individual‚ the more opportunity for salary increases which in turn‚ the quick he can recover his costs of returning for an MBA. These costs include the opportunity cost of lost income in pursuing his MBA as well as the cost of the tuition itself. 2. What other‚ perhaps nonquantifiable‚ factors affect Ben’s decision to get an MBA? The location of the Business School
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BEN BATES MBA | Working | Wilton | Mount Perry | Annual Salary | 55‚000 | 98‚000 | 81‚000 | Expected increase | 3% | 4% | 3.50% | Work (years) | 38 | 36 | 37 | Tax rates | 26% | 31% | 29% | Annual tuition | | $63‚000 | $80‚000 | Books and other supplies (annual) | | $2‚500 | 3‚500 | Programs (year) | | 2 | 1 | Signing bonus | | 15‚000 | 10‚000 | Health insurance (annual) | | $3‚000 | 3‚000 | Room and board (annual) | | $20‚000 | $20‚000 | 1. How does Ben’s age
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Ben’s age affect his decision to get an MBA? Ben’s age should be a positive factor in earning his MBA. He is still very young‚ and has 40 years in his career to go. 2. What other‚ perhaps non-quantifiable factors‚ affect Ben’s decision to get an MBA? If Ben works hard on his MBA‚ he will get great grades and possibly a high GPA which can have better opportunities and promotions. 3. Assuming all salaries are paid at the end of each year‚ what is the best option for Ben‚ from a strictly financial
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1. Brief summary of the case Ben Bates‚ 28 years old‚ graduated from college six years ago with a finance undergraduate degree. He is now working at the financial management company of Dewey and Louis. He expects to work for 38 years later. His goal is to become an investment banker. And he feels that an MBA degree would allow him to achieve this goal. After examining schools‚ he has narrowed his choice to either Wilton University or Mount Perry College. - The Ritter College of Business is under
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