Monday, April 28, 2008

A well rounded MBA!

There's a FedEx commercial you may have seen that's now taken up residence on YouTube. In the ad, a manager brings a trainee to the company's mailroom to help see an urgent shipping matter through. Snubbing his nose at the work, the young businessman rationalizes that there must be some mistake because he has an M.B.A. and therefore doesn't "do shipping." The manager responds, "Oh, you have an M.B.A.? In that case, I'll have to show you how to do it!"
The commercial exaggerates a view the business world has had with management schools and their protégés for years--that of young, overconfident M.B.A.s excelling in the academy with their book smarts, only to miss the mark when it comes to the real-life demands of the marketplace.
Don't get me wrong. To a certain extent, this circumstance is just as it should be. Korn/Ferry's research database on 1.7 million managers and executives supports conventional wisdom that high-potentials' skills should be largely task focused when in frontline supervisor positions, yet must evolve to more intellectual, strategic and collaborative competencies as they advance to midlevel and then C-level positions. The accumulated academic knowledge, therefore, might not have relevance immediately but will be invaluable as leaders climb and adjust to the corporate ladder.
Still, I can't help but be discouraged and intrigued when examining the dynamics of career-embarking M.B.A.s' shortcomings. According to a Colorado State business school study comparing business and nonbusiness graduates, the M.B.A.s outperformed the control group in seven of 12 different career skill areas, including information analysis, quantitative analysis, theory and technology. Yet the five areas where the M.B.A.s were bested--helping others, initiative, relationship, sense-making and, yes, leadership--are absolutely essential to sustained organizational success.
This finding is not isolated. A survey last year by the Graduate Management Admission Council came to a nearly identical conclusion. And in a telling 2002 management poll by Canada's Financial Post, nearly 150 top executives rated nonbusiness graduates above M.B.A.s when it came to work ethic, interpersonal and sales capabilities, and oral and written communication--skills sometimes dismissed as "soft" but which are the lifeblood of today's corporations.
The takeaway? If aspiring business executives can't muster up the commitment, collaboration or problem-solving qualities demanded by today's multifaceted, politically charged corporate cultures, they'll never be world class. Without a more relational and strategic compass to guide their technical know-how, an M.B.A. degree falls flat.
In remedying this dilemma, b-school administrators and enrollees must both remember their roles, with the former establishing curricula and teaching patterns designed to fulfill organizational needs rather than student demands. Further, as University of Southern California professors and leadership experts Warren Bennis and James O'Toole observe, schools must ask themselves how they define true value. Do they reward transformation of students and their overall competencies, or just the quality of their scholarly research? If students carry a belief that scientific data trumps all else into business environments that often rely upon snap judgments of hazy factors and touchy emotions, their proverbial heads will be stuck in the sand.
As discussed in previous columns, the most effective leaders blend technical, results and people skills to reach heightened levels of awareness, effectiveness and decision making. They not only understand six sigma, for instance, but can capably lead its task force or hold a room when presenting on the issue. They see the big picture, understanding how their specialties fit into it while connecting interpersonally.
My advice to new M.B.A.s this fall is to take a second look into what might seem like the softer stuff. Often, it's not the end but the means to getting there that best prepares you for new work challenges. Rather than just the letter grade you received on the paper, how effective was the writing process? Even if your cohort nailed the presentation, would you characterize the group as functional? Can you see your personality and ability to team maturing as you learn?
With a large baby boomer void in the workplace looming, M.B.A.-adorned practitioners have a tremendous opportunity to reshape business practice. Still, certifiable knowledge of the issues alone won't suffice. To outdistance others to the top, young leaders must know themselves and their colleagues, fluently and persuasively working within larger human development issues to achieve better results.
Below I address your specific questions related to M.B.A.s and leadership. As usual, specific names have been withheld to preserve a free dialogue.
Executive director, Executive Education Consortium: Some business schools now offer undergraduate business-to-M.B.A. pre-admission programs. Given that, is there a need for curriculum changes in business schools that blend in more liberal arts topics? Are M.B.A.s becoming too one-dimensional by following a total business curriculum?
The research mentioned above certainly suggests that today's b-school grads need to better "think outside the spreadsheet" and become more well rounded. At the very least, I think business students should have some exposure to basic human psychology and intercultural relations courses, speech and writing classes, and also group/team communication before being even remotely workplace-ready. In addition to the coursework, business schools should strongly encourage--not just offer--extracurricular activities that M.B.A.s can engage in to broaden their perspectives, become more self-aware and strengthen their relational and strategic compasses.
First-year M.B.A. student: Can we learn to be leaders? Can leadership be taught?
Leadership is learnable, yet it's also true that our effectiveness as leaders hinges on many heredity-influenced personality traits, such as IQ or emotional composition. Nature and nurture both play important roles in our development.
Disentangling the potential origins of our unique traits can be helpful and interesting, but it's impossible to ever understand them in full detail. Rather than obsessing on the "how" and "where" issues of your leadership style, invest more heavily in considering the "what," i.e., your strengths, weaknesses and passions. Growing as leaders means growing as people and in the ways we maintain self-awareness and express ourselves.
Second-year M.B.A. student: As future business leaders, how do we impact global issues like poverty, disease and the environment? There is a lot of student idealism around these issues, but how do we carry that into the business world and, more important, sustain it?
By finding appropriate ways to be yourselves and express your passions for these issues despite how the flow chart hierarchy reads. Almost every CEO lists "more leadership on every level" atop their wish list, yet their companies so often fail to encourage the expression of values critical to widespread leadership. Maintain humility as you enter the workforce and team with others, but don't compromise or bury the values that give you a sense of purpose.
Think of it this way: Unlike your skills, which can change dramatically over time, your values should be intact throughout the entirety of your career. Keep tight hold of the ideals that matter most to you when re-entering the workforce, and as you develop new skill sets and gain more of a voice, it will be those values lighting the way toward making meaningful differences.
Kevin Cashman is founder and CEO of LeaderSource, A Korn/Ferry Company, a global leadership development, executive coaching and team-effectiveness consultancy headquartered in Minneapolis. He has authored four books on leadership and career development, including the best seller Leadership From the Inside Out (revised edition out soon).

Friday, April 25, 2008

You are laid off!

Yesterday I was going thru a local newspaper and realized the many job advertised.I wondered how many people will apply for them.Afetr knowing about the newspaper circulation I realized that at least 20000 candidates would apply for each job advertised.Some of them would be already employed workers who would be applying just like that for fun. 20% would be the candidates who will apply because it has already become a habbit and this would be the section who will apply thru emails because its easy and dosnt take much effort.30% will be the applications thru job consultancies and portals.Only 10% will be the candidates who are desperately seeking a job.
So where do all the resumes go!In the dustbin as one HR manager informed me laughingly.I was annoyed with him.
How can they do it!Have we lost the human touch!Indirectly saying you are dashing the hopes of 10% who have hoped against all hopes to get a job!
In our constitution there is “Right to work” policy irrespective of gender,sex,religion,nationality etc but never followed by the multinationals!Really sickening.
What about the candidates who are above 40.Well nobody needs them it seems.Really sad!
Our system needs a rehaul.We have to understand the sensibilities of a person going thru job loss.He is down,demoralized because nobody wants him anymore.Even his wife and children start thinking lowly of him.
Recently I heard about 10000 fired employees of Citibank in India!Ok ,they might get compensation but what about their morale.Many among them will be above 40 who will find it hard to get anywhere!Same things I heard in Germany and elsewhere!Capitalism is taking us nowhere!Boss is buying a big boat for himself worth several million and we the real people who made him rich are going thru job loss just because they must improve their bottom line!
I say,enterpreunership must begin.Unfortunately the MNC’s have killed the spirit of enterpreuner.They just want to buy everything not content with what they have!Fortunately internet was a medium where enterpreuner thrived but soon this system will be hijacked by MNC’ like Google,Microsoft and Yahoo.There should be more opportunities for people who are above 40.Internet can do it,just one fine idea is needed.
The internet community has to persuade Google and the rest to come up with ideas to employ people online as per their will.Blogging is great but you cannot run your household on small income you generate thru google ads.There has to be something bigger than that.I hope Google can do it.So far they were the only company who were sensible for the people online.Lets hope a portal or social networking site is made which can discuss ideas about generating livelihood online!

Wednesday, April 23, 2008

What they dont teach you in business Schools.

I have time and time again repeated there is something’s you can never learn on any business schools. It’s the business acumen and power of observing!
Observing or studying any topic by your own standards will improve the way you look at many things. Many sophisticated businessmen who had never set foot inside a business school attribute their successes to the power of observation. Many business men have made big businesses working from garage. Yahoo’s founders are a living example of this quality. Take the example of Moscow born Sergie Brin who along with his partner Larry started the search engine Google from their Garage ordering pizzas when they were hungry, They never went to MBA schools!
Doing a MBA is a time consuming and costly affair. Always ask yourself what you stand to gain from it. Does your investment of time and money justifies it? Mine didn’t so I dropped the Idea but I am more successful in business owing to my power of observation .Observe like a scientist and deal like a street smart businessmen.
In Paris in 1999 I went to a famous shop which makes and sells very tasty chocolates. I wanted to take some chocolates home as a gift for my wife in India.My wife is a pure vegetarian .I asked if they mix egg in their chocolate and they confirmed positive. So I dropped the Idea of buying any chocolate.The owner came to me asked me the reason!I told him about my wife being a vegetarian.We started chatting as he knew English and I told him about India,the customs and all that extras!He took my address in hope that someday when he will come to Delhi, shall catch up with me. We left it at that!
After 5 months I received a note saying that a French gentlemen will like to meet me.Well I met Guy Perion the son of the Paris chocolate shop owner and he presented me with special variety of chocos without egg in it.
Today he is selling 15 tons of chocolate in India mainly to the 5 star hotels.
The above shows two traits about successful men.Observation and followup!
Make it a habbit and you shall be successful.

Monday, April 21, 2008

How to prepare your resume!

Writing a resume for a dream job!
If your résumé isn't winning interviews for your dream job, it might be time for a rewrite.
Before you even sit down in front of the computer, consider the type of job you want. Think about the skills you want to use daily, and then determine two or three job titles that encompass them. Also, determine the type of company you want to work for--small or large, private or public--and the preferred industry.
"If you don't have that in mind, you can't focus and present the information that will get you there," says Louise Kursmark, an executive résumé writer and author of several book on résumés. "Everything should be filtered through that lens." Leave items out that don't pertain to your desired position.
The next step is easy: contact info. This might seem obvious, but recruiters report that an alarming number of job applicants don't put their contact information in a prominent location. Many recommend putting it at the top of the résumé. Include your address, e-mail and phone number. "I find some in the bottom of the résumé or not in the cover letter," says Diane Borhani, head of U.S. campus recruiting at Deloitte & Touche. "It's too much work to search, so we go on to the next résumé."
If you're just starting your career and don't have much job experience, include an objective section at the top. For example: "A position as an account executive with a consumer products firm." For those with more than a year in the workforce, a summary is more appropriate. It's broader than an objective--it states what you are looking for and who you are. It might say, "Account executive with a track record of improving business and proven skills in sales." In other words, it's a snapshot of your professional accomplishments.
Speaking of accomplishments, they are what you should focus on in the job history section. It's fine to include a few lines about what you did at work, but the bulk of material should include the things you did that made you stand out. Did you secure several new accounts? Did you have work published? Try to make yourself stand out from other applicants.
"Recruiters know what you do because of your job title," says Kursmark. "Instead of listing your daily tasks, talk about what you did that made your company better or your department more successful. Talk about the unique things you did, so your résumé will not be the same as someone who has the same job title."
The résumé's length is a source of conflict. One thing holds true: If the résumé exceeds two pages it better be worth it. Don't ramble on--the idea is to keep the résumé clear and concise. If your job title is impressive put it in bold. If it's not, but the company you worked for is, put that in bold. The rule of thumb: Only use bold for things you want to stand out. Under the title and company name, use bullet points to explain what you accomplished.
Use keywords--buzzwords--to describe your accomplishments and roles. Not all keywords are the same for all jobs. Therefore, examine five to 10 of the job listings you're applying for and highlight repeated words. Some common words include "leadership," "team player" and "self-starter." Then sprinkle those words throughout your résumé.
For those just starting out in the work world, Deloitte's Borhani recommends putting your education section first. List related coursework to the type of job you're seeking, and include your GPA if it's a 3.0 or higher. (Explain if it's cumulative or not.) Also, if you worked to put yourself through school mention that--it shows initiative. Don't mention every waitressing or store clerk position you had from high school and beyond. Only include it if you progressively gained more responsibility.
Borhani's bottom line résumé advice: "Keep it short and sweet."

Tuesday, April 15, 2008

GREEN INDUSTRY WILL BE THE MAJOR RECRUITERS!

Can we have a career in eco solutions?the answer is yes!Eco or green solutions that we popularly refer to is the industry in making which will employ more than 10 million people each year globally.Banking will diversify into carbon credit trading.carbon credits have been formed after the Tokyo summit.it was decided that each country has an emmition quota(green house gases).If it is not able to fill up that quota they can sell the remaining credits to some other country.It is very clear that countries like India ,China and US will be the net buyers and European union the net sellers.The market is estimated at more than $80 billion annually and rising at 10% annually.
There shall be other green industries also like recycling, plantations and biofuels which shall thrive in next few years.However there is a major problem!
The problem is the skilled manpower which understands these technologies and are globally accepted.Currently not many universities are offering these programs.Few Universities in Sweden do offer masters in Eco systems. There is big shortage of research into these topics.If the just 2% of global funds are allotted to the research we will have a vibrant eco based industries in next 5-7 yers time.young people have to be educated about this.An MBA programme is being offered by few universities in these rechnologies but its not enough due to the lack of research infrastructure.
Disaster management is another area where top MBA’s shall be needed in vast numbers.However the problem is the same as only few universities offer it!
Should our global leaders unite to form a global fund?Should International monetary fund(IMF) renamed as World ECO FUND?
Organisations like UN and UNISEF are doing some work in this field but its not enough!

Sunday, April 13, 2008

Just axed like a chicken!

Job Loss a Big Menace!
U.S. jobs dropped by 80,000 last month, the largest decline in five years, according to the U.S. Department of Labor.
Once again, the manufacturing sector took the largest hit, accounting for more than half of that decline, 48,000. Since 2001, the sector has lost about 3.5 million jobs, according to the Alliance for American Manufacturing. The non-partisan industry group is a venture between several giant U.S. manufacturers and United Steelworkers.
From 2000-07, New York has lost 208,500 of those jobs, the group says. March data from the state Department of Labor won't be released until later this month, but Capital Region market analyst Jim Ross said to expect manufacturing losses to continue. "Production's dropping too, so certainly with an economic downturn it'll significantly hit manufacturing," Ross said. "That tends to be one of the more cyclical industries. I'd expect to see the losses grow if we drop into a full-fledged recession, which it looks more and more like we are."
The area's manufacturing trends could be stemmed or even reversed if giant computer chip manufacturer Advanced Micro Devices Inc. (NYSE: AMD) follows through on tentative plans to build a $3.2 billion chip factory in Malta, bringing an estimated 1,465 jobs to the area. The company has until July 2009 to make a final decision. "The big question is, if AMD commits and opens in a couple of years, and if that translates into other companies moving here, that could certainly change the long-term direction of manufacturing in the area," Ross said.
Overall, the region's economy might not mirror the nation's troubles, Ross said. In the last recession, following the Sept. 11 terrorist attacks, this area's economy fared much better than the nation's, he said."We tend to do that because of our large government and health care sectors," he said. "The down periods are when we typically outperform the nation." However there is more to follow.The bubble which has bursted will consume many and not only in the United states but in India ,Europe too!Big question that is being asked "has capitalism failed in absense of Communism"!You work for someone and put your best years and efforts into it and one day flat they come with an excuse for minimising cost!why cant they minimise the salary of the CEO and the shareholders for some time.Has profit become more important than Human's!

Friday, April 11, 2008

Choosing the right MBA!

I am a widely traveled executive of a MNC and having traveled to the campuses of different countries have concluded the following:
Business studies is an introduction course which can never be substituted for experience. Having stated that will also like to clarify the importance of MBA studies.The bst business school will always have a solid research background.The proffesors are masters of their fields and can impart rare insights into business.When we talk about big business schools like Stanford and Harward it came out as no surprise that graduates mostly started their own ventures.This shows the knowledge and deep study they had gone thru!
When run of the mills MBA’s mostly being offered to satisfy demand supply gap in the market failed to give their students any major insights into business world.Over 80% of the business schools fall into this category.
The best MBA will always prepare oneself to be an entrepreneur and not just any run of the mill company executive.Thats where major business schools score well over the others.
My choice of MBA school for business studies:
1.London Business School-UK
2.Stanford business school-USA
3.INSEAD-France & Singapore
4.ISB-INDIA
5.Harvard Business School –US(if u have money)
6.IVY-Canada
7.IIM-INDIA
8.HAAS-USA
9.Manchester Business School-UK
10.Kellog-USA

Tuesday, April 8, 2008

MBA LOANS GET SCARCE




College students in need of private loans to pay for the coming academic year will have to grapple with higher interest rates and tougher credit checks. Even then, some who have qualified for such loans in the past probably won't this year.
"Private loans are going to clearly be harder to come by for many students," says Sandy Baum, senior policy analyst for the College Board, the nonprofit entity that administers the SAT admissions test. That's bad news at a time when grants and loans available under government aid programs have failed to keep up with rising college costs. Many students have had to rely on variable-rate private loans to fill the gap. Tighter terms for private loans will most affect students with low credit ratings and those who attend colleges with low graduation rates.
Private loans have been one of the fastest-growing ways to pay for college. In 2006-07, students and their parents took out an estimated $17.1 billion in private loans, up from $1.57 billion in 1996-1997, according to the most recent tally from the College Board. The $17.1 billion represents 22% of all the borrowing to pay for college that year.Concerns over private loans come as the federal government is trying to make sure federally guaranteed loans in its Stafford and PLUS programs will be readily available in the fall. A growing number of banks and other lenders have said they will stop making such loans because they have become unprofitable amid cuts in federal subsidies and troubles in the credit market. In response, some congressional leaders and advocacy groups are pushing for broader use of the government's direct-lending program, wherein students borrow from the government through their schools.
Private college lending faces a number of obstacles. Lenders and other institutions in the student-loan field are struggling to raise the capital to finance their activities amid a broader credit crunch. The latest to run into trouble is the Education Resources Institute Inc., or TERI, the nation's largest insurer of private student loans, which filed for bankruptcy court protection on Monday.
TERI insured more than $17 billion in privately issued student loans against default for First Marblehead Corp., a Boston-based company that acquired such loans from Bank of America Corp., J.P. Morgan Chase & Co., and other lenders. First Marblehead then bundled those loans into trusts that issued notes to investors. TERI relied on the bundling deals for its revenue, which has dried up as borrowers have been skeptical of securitizations of all kinds. So far, First Marblehead hasn't announced plans to end or curtail student loans. The company has said it's looking at "self-guaranteed loan products and products guaranteed by another third party."
Bond insurers that guarantee securities backed by packages of student loans have also run into trouble. But industry observers say that few large private lenders actually insure the loans themselves, the way TERI does. Most large private lenders simply bear the risk of the loans.
Asked about the impact of TERI's troubles, Thomas Kelly, a spokesman for J.P. Morgan Chase, said his bank has been reducing its business with First Marblehead and will continue to make private student loans using its own systems. "The lack of a secondary market is not an issue to us because we have a balance sheet we can put them on," he said. A spokeswoman for Bank of America, another First Marblehead customer, said TERI's bankruptcy filing would have "no impacts on the vast majority of our college loan customers."
TERI officials have said they hope they have sufficient reserves to cover defaults. If that isn't the case, it could have a negative psychological impact on a student loan market already in turmoil, said Richard Vonk, president of Key Education Resources, a unit of Cleveland-based KeyCorp.
Aiming to reduce the need for private loans, which typically come with higher interest rates, Congress last year slashed more than $20 billion from subsidies paid to private lenders in the federally guaranteed lending program and raised the limits on the amount of federal loans a student can get. Wednesday, the bipartisan leadership of the House Education and Labor Committee is expected to introduce legislation that would raise those limits again and give the Department of Education new authority to pump liquidity into the student loan market.
While students typically don't begin taking out loans until the summer for the fall term, college officials and others say they are already getting indications that private student loans will be harder to come by.Both federal and private lenders have passed their higher capital costs along to borrowers. Mark Kantrowitz, publisher of FinAid.org, a financial aid Web site, estimates lenders have increased private-loan interest rates by nearly a percentage point since Oct. 1, adding that he expects more increases over the summer.
Other lenders have gotten more selective about their lending. Some have stopped making loans altogether, including more than 30 involved in the federally guaranteed loan program."We have heard from a number of our institutions that some of the sources of private loans for our students have dried up," said David Baime, vice president for government relations of the American Association of Community Colleges.Tony Erwin, director of financial-aid services at Northeastern University in Boston, said most large lenders say they still plan to make private loans, but as for lending to families with poor credit histories, he added, "I don't think you are going to see that."
Credit agencies rate consumer credit-worthiness on a 300-to-850 point so-called FICO scale. In the past, borrowers with scores as low as 620 points could usually get a private student loan, but this year that threshold is likely to rise to about 650 points, according to Mr. Kantrowitz. While the difference is only 30 points, about 10% of all borrowers of private student loans fall into that gap, he said.Industry executives say lenders are also less likely to make loans to students going to schools with low graduation rates and high loan-default histories -- many of them for-profit technical schools. Financial-aid professionals advise students in search of private loans to first make sure that they have exhausted all of their loan possibilities under the federally guaranteed programs, which usually involve lower interest rates. Under the federal PLUS program, parents can borrow up to the entire amount of their unmet education costs, although a credit check is also involved.
Reference:By ROBERT TOMSHO and KEITH WINSTEIN(wall street journal)

MBA schools in Americas!


Americas Business Schools list
Schools Location and University

A lot of thought and strategy has to be applied before entering a business school in USA.Will it give you the right business career!well you have to think in terms of fees applicable and the gain from it.Is the business school placing you with the right companies.What is the record of these school in placing candidates for their first job?
A list for you to research and decide !
1.CONCORDIA UNIVERSITY (canada) http://www.concordia.ca/
2.RICHARD IVEY SCHOOL OF BUSINESS (Canada ) http://www.ivey.uwo.ca/
3.OF TORONTO (Canada) http://www.rotman.utoronto.ca/
4.YORK UNIV ( Canada) http://www.yorku.ca/
5.INSTITUTO PANAMERICANO ALTA DIREC EMPRES (Mexico) www.ipade.mx
6.IPADE BUSINESS SCHOOL (MEX) www.ipade.mx/
7.NATL POLYTECHNIC INST (Mexico ) (web address??
8.DE ALTOS ESTUDIOS DE LA MODA (Peru) http://www.caen.edu.pe/
9.ADELPHI UNIVERSITY (US) www.adelphi.edu
10.ALABAMA STATE UNIVERSITY (US) http://cobanetwork.com
11.AMERICAN INTERCONTINENTAL UNIVERSITY (US) http://www.aiula.com
12.AMERICAN UNIVERSITY (US) http://kogod.american.edu
13.ARIZONA STATE UNIVERSITY (US) http://wpcarey.asu.edu/mgt/
14.INTL UNIVERSITY (USA) www.aiu.edu/
15.AUBURN UNIVERSITY (USA) www.auburn.edu/
16.AUSTIN COLLEGE (USA) www.austincollege.edu
17.BABSON COLLEGE (USA) www.babsoninsight.com
18.BAKER COLLEGE (USA) www.baker.edu
19.BANK STREET COLLEGE OF EDUCATION (USA) www.bankstreet.edu
20.BASTYR UNIVERSITY www.bastyr.edu
21.BAYLOR UNIVERSITY/HANKAMER SCHOOL OF BUSINESS http://business.baylor.edu/
22.BELLEVUE UNIVERSITY http://www.bellevue.edu/
23.BOSTON UNIVERSITY http://management.bu.edu
24.BRANDEIS UNIVERSITY http://www.brandeis.edu/
25.BRETON INTL INC http://www.capebretonu.ca/
26.BREVARD COLLEGE CORP www.brevard.edu
27.BROOKINGS INSTITUTION www.bro okings.edu
28.BROWN UNIVERSITY http://www.brown.edu/
29.BRYANT UNIVERSITY www.bryant.edu
30.BRYN MAWR COLLEGE www.brynmawr.edu
31.CALIFORNIA COAST UNIVERSITY www.calcoast.edu/
32.CAMBRIDGE COLLEGE INC-BS www.cambridgecollege.edu/
33.CAPE FEAR COMMUNITY COLLEG FNDN INC http://cfcc.edu/
34.CAPELLA EDUCATION CO http://www.capella.edu
35.CARNEGIE MELLON UNIVERSITY http://www.cmu.edu/
36.CASE WESTERN RESERVE UNIVERSITY http://weatherhead.cwru.edu/
37.CENTER FOR CREATIVE LEADERSHIP US http://www.ccl.org/
38.CENTURY UNIVERSITY www.centuryuniversity.edu
39.CFA INSTITUTE (USA) http://www.cfainstitute.org/
40.CHAPMAN UNIVERSITY http://www.chapman.edu
41.CLARION UNIVERSITY www.clarion.edu/
42.COLLEGE OF WILLIAM AND MARY http://mba.wm.edu/
43.COLORADO COLLEGE www.coloradocollege.edu
44.COLORADO STATE UNIVERSITY www.biz.colostate.edu
45.COLUMBIA BUSINESS SCHOOL www.gsb.columbia.edu
46.COLUMBIA COLLEGE CHICAGO INC-CH www.colum.edu/
47.COLUMBUS UNIVERSITY www.columbusu.com/
48.CONCORD UNIVERSITY SCHOOL OF LAW US https://exam.concordlawschool.com
49.CONCORDIA COLLEGE US http://www.cord.edu
50.CORNELL UNIVERSITY US www.cornell.edu
51.DAEMEN COLLEGE INC www.daemen.edu
52.DEAN COLLEGE US www.dean.edu/
53.DEPAUL UNIVERSITY http://education.depaul.edu/
54.DEVRY INC http://www.keller.edu/
55.DREXEL UNIVERSITY http://www.drexel.edu/
56.DUQUESNE UNIVERSITY HOLY GHOST http://www.business.duq.edu/
57.CAROLINA UNIVERSITY http://business2.ecu.edu/
58.EAST WEST INSTITUTE www.ewi.info
59.EDUCATION MANAGEMENT CORP www.edmc.com/
60.EMBRY-RIDDLE AERONAUTICAL UNIVERSITY http://www.erau.edu/
61.FARLEIGH DICKINSON UNIVERSITY http://www.view.fdu.edu
62.FISHER COLLEGE OF BUSINESS http://www.fisher.osu.edu
63.FORDHAM UNIVERSITY INC www.ecampus.fordham.edu
64.FUQUA SCHOOL OF BUSINESS http://www.duke.edu/
65.GEMOLOGICAL INST OF AMERICA INC http://www.gia.edu
66.GEORGE MASON UNIVERSITY http://www.som.gmu.edu
67.GEORGE WASHINGTON UNIVERSITY http://www.gwu.edu/
68.GEORGETOWN UNIVERSITY www.georgetown.edu/
69.GEORGIA STATE UNIVERSITY www.robinson.gsu.edu
70.GILDER LEHRMAN INST OF AMERICAN HISTORY http://www.gilderlehrman.org
71.GOIZUETA BUSINESS SCHOOL http://goizueta.emory.edu
72.GUILFORD COLLEGE http://www.guilford.edu/
73.HAMPTON UNIVERSITY http://www.hamptonu.edu/
74.HARVARD BUSINESS SCHOOL http://www.hbs.edu
75.HARVARD LAW SCHOOL http://www.law.harvard.edu/
76.HAWAII PACIFIC UNIVERSITY www.hpu.edu
77.HIGH POINT UNIVERSITY http://www.highpoint.edu
78.HIM US http://www.cba.hawaii.edu/
79.HOFSTRA UNIVERSITY http://www.hofstra.edu/
80.HOWARD UNIVERSITY http://www.bschool.howard.edu/
90.HUMBER COLLEGE www.humber.ca/
100.IACOCCA INSTITUTE/CHINESE UNIV OF HK http://www.iacocca-lehigh.org/
101.ICWE INSTITUTE http://www.rawlscollege.ba.ttu.edu/default.asp
102.INDIANA STATE UNIVERSITY http://www.indstate.edu/
103.INDIANA UNIVERSITY www.kelley.indiana.edu/
104.INST OF REAL ESTATE MANAGEMENT http://www.irem.org/
105.INTERNATIONAL UNIVERSITY OF AMERICA US http://www.tiua.edu/
106.IONA COLLEGE www.iona.edu
107.JOHNS HOPKINS UNIVERSITY http://www.press.jhu.edu/
108.JOHNSON & WALES UNIVERSITY http://www.jwu.edu/business/
109.KELLOGG JL SCHOOL OF MANAGEMENT www.kellogg.northwestern.edu
110.KENNESAW STATE UNIVERSITY http://coles.kennesaw.edu
111.LEONARD N STERN SCHOOL OF BUSINESS US http://w4.stern.nyu.edu
112.LESLEY UNIVERSITY (USA) US http://www.lesley.edu/
113.LIBERTY UNIVERSITY (USA) http://www.liberty.edu/
114.LINCOLN EDUCATIONAL SVCS CORP http://www.lincolneducationalservices.com
115.LIVINGSTONE COLLEGE INC http://www.livingstone.edu/
116.LONG ISLAND UNIVERSITY http://www.liu.edu/liu_start.html
117.LOUISIANA STATE http://www.lsu.edu/
118.LOYOLA MARYMOUNT http://www.lmu.edu
119.MADISON UNIVERSITY US http://www.madisonu.com/
120.MANHATTAN COLLEGE CORP http://www.manhattan.edu/
121.MANHATTANVILLE COLLEGE US http://www.mville.edu/
122.MARYLAND STATE UNIVERSITY US http://www.smith.umd.edu/
123.MARYMOUNT UNIVERSITY INC US http://www.marymount.edu/
124.MASSACHUSETTS INSTITUTE OF TECHNOLOGY http://mitsloan.mit.edu/
125.MBA UNIVERSITY US http://www.news.uiuc.edu/
126.MERCY COLLEGE INC-NY http://mercy.edu/
127.METROPOLITAN COLLEGE OF NEW YORK http://www.metropolitan.edu/
128.METROPOLITAN STATE COLLEGE OF DENVR http://www.mscd.edu/
129.MICHIGAN STATE UNIVERSITY http://www.bus.msu.edu/
130.MICHIGAN TECHNOLOGICAL UNIVERSITY www.mtu.edu/
131.MINNESOTA STATE UNIVERSITY www.mnsu.edu
132.Master of Science in Manufacturing Leadership (RIT) http://www.rit.edu/
133.MONROE COLLEGE http://www.monroecollege.edu/
134.MOORE SCHOOL OF BUSINESS www.mooreschool.sc.edu
135.MOREHOUSE COLLEGE INC www.morehouse.edu
136.NASSAU COMMUNITY COLLEGE (USA) http://www.sunynassau.edu/
137.NEW JERSEY INST OF TECHNOLOGY http://management.njit.edu/
138.NEW JERSEY STATE UNIVERSITY http://gradstudy.rutgers.edu/
139.NEW SCHOOL UNIVERSITY http://www.newschool.edu/
140.NEW YORK INSTITUTE OF TECHNOLOGY www.nyit.edu
141.NEW YORK STATE UNIVERSITY http://www.suny.edu
142.NORTH CAROLINA STATE UNIVERSITY http://mba.ncsu.edu/
143.NORTHWEST NAZARENE UNIVERSITY http://www.nnuschoolofbusiness.com/
144.NORWICH UNIVERSITY http://www.norwich.edu/
145.NOVA SOUTHEASTERN UNIVERSITY INC www.nova.edu
146.OLIN SCHOOL OF BUSINESS http://www.olin.wustl.edu/
147.PACE UNIVERSITY www.pace.edu
148.PENN STATE UNIVERSITY http://www.gradsch.psu.edu/
149.PEPPERDINE UNIVERSITY http://bschool.pepperdine.edu/
150.PHILADELPHIA UNIVERSITY www.philau.edu
151.POLYTECHNIC UNIVERSITY http://schools.gradschools.com/
152.POMONA COLLEGE http://www.pomona.edu/
153.PRATT INST http://www.pratt.edu/
154.PRESCOTT COLLEGE http://www.prescott.edu/
155.PRESTON UNIVERSITY http://www.preston.edu/
156.PRINCETON UNIVERSITY http://gso.princeton.edu/
157.PURDUE UNIVERSITY www.purdue.edu
158.QUINNIPIAC UNIVERSITY http://www.quinnipiac.edu/
159.RANDOLPH-MACON WOMANS COLLEGE http://www.rmwc.edu
160.REGENT UNIVERSITY http://www.regent.edu
161.REGIS UNIVERSITY (USA) www.regis.edu
162.RENAISSANCE SCHOOL-NY http://www.renaissanceschool.org/
163.RENSSELAER (USA) http://www.rpi.edu/
164.RICE UNIVERSITY http://jonesgsm.rice.edu/
165.RICHMOND COLLEGE http://oncampus.richmond.edu/academics/business/
166.RIDER UNIVERSITY www.rider.edu
167.ROCKEFELLER UNIVERSITY www.rockefeller.edu/
168.ROWAN UNIVERSITY www.rowan.edu/
169.SACRED HEART UNIVERSITY http://business.sacredheart.edu/
170.SAE INST OF TECHNOLOGY US (web address?)
171.SARAH LAWRENCE COLLEGE www.slc.edu
172.SAVANNAH STATE UNIVERSITY http://coba.savstate.edu/
173.SCHILLER UNIVERSITY www.schiller.edu
174.SETON HALL UNIVERSITY http://www.shu.edu/
175.SKIDMORE COLLEGE www.skidmore.edu
176.SOUTH CAROLINA STATE UNIVERSITY US http://www.scsu.edu/
177.SOUTHERN NEW HAMPSHIRE UNIVERSITY US http://www.snhu.edu/
178.SOUTHERN UNIVERSITY SYSTEM US http://www.sus.edu/
179.ST EDWARDS UNIVERSITY INC US www.stedwards.edu
180.ST GEORGES UNIVERSITY US www.sgu.edu
181.ST JOHNS COLLEGE US http://new.stjohns.edu
182.ST JOSEPHS COLLEGE-NY http://www.sjcny.edu/
183.ST LOUIS UNIVERSITY www.slu.edu
184.STANFORD GRADUATE SCHOOL OF BUSINESS http://www.gsb.stanford.edu/
185.STOCKTON COLLEGE OF NEW JERSEY http://graduate.stockton.edu/
186.HALL UNIVERSITY http://www.shu.edu/
187.SUFFOLK UNIVERSITY www.business.suffolk.edu
188.TENNESSEE STATE UNIVERSITY http://www.tnstate.edu/
189.TERRY COLLEGE OF BUSINESS http://www.terry.uga.edu/
190.TEXAS SOUTHERN UNIVERSITY http://www.tsu.edu/
191.TEXAS STATE UNIVERSITY SAN MARCOS www.txstate.edu
192.THUNDERBIRD AMER GRAD SCH OF INTL MGT http://www.thunderbird.edu/
193.TOURO COLLEGE www.touro.edu
194.TRINITY UNIVERSITY http://www.trinity.edu/
195.TRUSTEES OF TOUGALOO COLLEGE http://www.tougaloo.edu/
196.TUCK SCHOOL OF BUSINESS http://tuck.dartmouth.edu/
197.TULANE UNIVERSITY OF LOUISIANA http://business.tulane.edu/
198.TUSKEGEE UNIVERSITY www.tuskegee.edu/
199.UNIVERSITY OF ARIZONA http://www.eller.arizona.edu/
200.UNIVERSITY OF BRITISH COLUMBIA US http://www.sauder.ubc.ca/
201.UNIVERSITY OF CALIFORNIA http://www.haas.berkeley.edu/
202.UNIVERSITY OF CHICAGO http://chicagogsb.edu
203.UNIVERSITY OF CONNECTICUT http://www.uconn.edu/
204.UNIVERSITY OF DENVER http://www.daniels.du.edu/
205.UNIVERSITY OF HOUSTON www.bauer.uh.edu
206.UNIVERSITY OF IOWA (CHN) US http://www.uiowa.edu/
207.UNIVERSITY OF MARYLAND UNIV COLLEGE https://www.umuc.edu/
208.UNIVERSITY OF MIAMI http://www.miami.edu/
209.UNIVERSITY OF MICHIGAN http://www.bus.umich.edu/
210.UNIVERSITY OF MINNESOTA http://carlsonmba.csom.umn.ed/
211.UNIVERSITY OF NORTH CAROLINA www.kenan-flagler.unc.edu
212.UNIVERSITY OF NORTHEASTERN MA www.cba.neu.edu/
213.UNIVERSITY OF OREGON http://lcb.uoregon.edu/
214.UNIVERSITY OF PENNSYLVANIA www.wharton.upenn.edu
215.UNIVERSITY OF PHOENIX http://www.educause.edu/
216.UNIVERSITY OF PITTSBURGH http://www.katz.pitt.edu/
217.UNIVERSITY OF RICHMOND http://oncampus.richmond.edu/
218.UNIVERSITY OF ROCHESTER http://www.ssb.rochester.edu/
219.UNIVERSITY OF SAN DIEGO www.sandiego.edu
220.UNIVERSITY OF SOUTHERN CA http://www.marshall.usc.edu/
221UNIVERSITY OF ST THOMAS http://www.stthomas.edu/
222.UNIVERSITY OF TEXAS http://www.mccombs.utexas.edu/
223.UNIVERSITY OF THE VIRGIN ISLANDS http://www.uvi.edu/
224.UNIVERSITY OF VIRGINIA www.darden.virginia.edu
225.UNIVERSITY OF WISCONSIN-MADISON http://communities.madison.com/
226.UNIVESITY OF NEBRASKA-LINCOLN (USA) http://www.unl.edu/
227.UPPER IOWA UNIVERSITY www.uiu.edu
228.VIRGINIA COMMONWEALTH UNIVERSITY www.gsib.bus.vcu.edu
229.VIRGINIA POLYTECHNICAL INST & ST UN US http://www.cob.vt.edu/
230.VIRGINIA STATE UNIVERSITY http://www.vsu.edu/
231.WAGNER COLLEGE www.wagner.edu
232.YALE UNIVERSITY http://mba.yale.edu/
233.YESHIVA UNIVERSITY ( SYMS SCHOOL OF BUSINESS) http://www.yu.edu/sysyms/

Saturday, April 5, 2008

Is MBA degree worth it?

A MBA graduate's account of his MBA aspirations.
Each month when I make a payment on the student loan I took out to get an M.B.A. degree, I wonder if going to graduate business school was the right decision. My wife and I are struggling to raise two small children, and I think about what we could do with the money if we weren't making the loan payment. I think, too, about all the money I could have earned if I had attended school part time instead of full time. Perhaps the way I attended was wrong, too.
I feel certain that I blew it when I read the advice of personal-finance columnists. They nearly always say to not give up your job or income entirely. After reading their suggestions, I tell myself I should have kept working and forgone the degree. But I resent these experts, because they also say that having children isn't a wise financial strategy. Clearly, we have different values. At any rate, here's my full accounting of why I went to b-school, why I attended full time, what I expected from the degree, what I got, and how this decision has affected my life.
Why I Went?
When I decided I wanted to get an M.B.A., I simply was ready for a change -- a big one. My career had consisted of a series of mildly related jobs and then self-employment. When I sought work, most employers couldn't figure out what I was qualified to do, and I wasn't interested in the jobs that seemed most obvious for me. I wanted a break from working for myself.
Attending graduate school had been a goal of mine, but I didn't know what to study. I wanted to show I was smarter than my mediocre undergraduate grade-point-average would indicate. My grades had suffered due to my overinvolvement in extracurricular activities (only some of which involved alcohol -- really!). I wanted to prove I could shine academically. One day, it struck me. I loved business. I would go to business school. Funny thing, my future earnings potential wasn't a factor in my decision.
Full Time vs. Part Time?
My biggest concern about attending graduate business school was a seeming lack of aptitude for numbers. Would I be able to handle quantitative work? Since my goals were to learn as much as I could and to be successful academically, I thought attending full time would be best. My wife and I were ready for the adventure, so, with her blessing, full time it was.
A few months into school, I was glad I made this choice. I could see that the part-timers weren't getting as much out of the program as we full-timers. We took the same classes, but they were less present. They were often tired and unfocused. On teams, they were less valuable than the full-timers, regardless of their age or experience. They were busy trying to survive going to school while holding down a job, not maximize their learning.
I was less prescient on the financial side. While I had qualified for an academic scholarship, that didn't mean I had brains enough to recognize that living and opportunity costs would be such big drains. (Actually, I probably ignored these issues so the decision would be easier. From a purely financial standpoint, it might not have been justifiable.) So, by graduation, I was $55,000 in debt, and we had little savings. Debt, like body weight, is best managed preventatively; it's easier to never put it on than it is to take it off. We didn't sacrifice much while I was in school. Perhaps we should have.
I expect to be paying off this debt until 2011. Still, bottom line, I'm glad I went full time. Although I hate making those loan payments, it was probably a wise financial decision. I earned twice as much in my first job after business school as I'd earned in my most recent salaried position before b-school. Unless I decide to give up business and make pottery, getting the degree should continue to make sense financially.
What I Expected ?
I expected the M.B.A. to compensate for gaps in my experience and allow me to compete for senior-management opportunities. I also thought my opinions would be more respected and have more clout and that I'd grow a lot. I'd learn new things, integrate them with what I already knew and confirm many business assumptions. This would give me new confidence. When competing for jobs or business, I wouldn't have to fear competitors who'd worked for big companies.
I thought an M.B.A. would make me more marketable because potential employers would see a link between my skills, abilities and potential. Finally, as a result of these gains, I expected to have more earning power.
All these expectations were realized. I would not have been considered for my first two post-M.B.A. jobs without the degree. Many equally gifted yet less educated people are stuck in lesser jobs because they're not perceived as executive material, while I've landed two executive jobs without having executive experience. There's no doubt that I'm more marketable and can generate a higher salary now. (One caveat: Personal traits like charm and experience figure heavily in post-M.B.A. success. If you're a troll before you get an M.B.A., you won't be Jack Welch after graduation -- you'll be a troll with an M.B.A.)
Where my degree has paid off most is in problem solving and critical thinking. My analytical and problem-solving abilities are so improved that my pre-M.B.A. approach seems laughable by comparison. I had been a voracious reader of business books prior to b-school, but reading clearly isn't a substitute for classroom interaction, for me, at least.
In fact, I'm shocked by how few businesspeople know how to think critically. Those with sound, well-structured analytic ability often don't know or can't apply specific business tools or methods to the situation. It's one thing to read about a technique and another thing to be able to apply it.

What I Didn't Expect?
Since I always thought of myself as a Renaissance man, I'm startled when people believe I'm capable of performing in some select, specific capacities simply because I have an M.B.A. I suppose career evolution requires some specialization, but being pigeonholed in this way makes me uncomfortable. It once amused me to learn that some academics delete their Ph.D.s from their resumes so employers will hire them. Now I understand. Specialization is empowering only to the extent that it doesn't trap you. I'm thankful that business skills are transferable. What if I had an medical degree and wanted to switch fields? Some doctors I know feel totally stuck and believe they will never do anything but practice medicine.

I didn't expect that business executives' luster would fade as the country learned about corporate scandals, executive greed and excesses, and gross mismanagement. To make matters worse, recent research suggests that the best leaders aren't flashy, theatrical charismatics, such as Jack Welch or Lee Iacocca, whom I aspire to emulate, but rather the boring, methodical bean counters whom I don't admire (I can't even name one because they're so anonymous). I joined the M.B.A. ranks, in no small part, for the limelight.

I also didn't think the market for M.B.A.s would cool. I got my degree when the demand curve was peaking; my value has fallen with that curve. I wonder what the next hot degree will be.

Finally, I didn't expect to feel animosity from others or to feel embarrassed personally for being more educated, or to be perceived as arrogant because I have an advanced degree and am confident about my thinking and reasoning.

So Was It Worth It?

One reason I wrote this column is because so many people believe that going to b-school for an M.B.A. is primarily an economic decision. I don't agree. I think you should get an M.B.A. because you want to.

I also have not seen many articles about how M.B.A.s feel about their degrees 10 or 20 years later. I'm glad to say that most days, I think it was a good decision for me. I really enjoyed b-school, and I graduated with high honors. I realized all my expectations. In the big picture, the things I didn't expect are less important.
And, most importantly, I discovered I can assimilate new information quickly, even when it's coming from a fire hose, and that I can compete quantitatively with most people. This gives me a deep and secure confidence in my ability to tackle any business problem, and that's priceless.
-- Jack Thomas is the pen name of a 40-something C-level executive.

Friday, April 4, 2008

Extreme Job hunting!

As employers are slowing down on hiring, groups are advocating a more aggressive approach to job searches.
Finding jobs are getting tougher all the time.Rising inflation and a slump in the economy is hitting US big time.Those posting replies to job ads in the newspaper will go for a long haul.
"Companies are more deliberate in making the decision to fill the job," said Bill Heyman, owner of Heyman Associates, an executive search firm specializing in corporate communications.
With a large job applicant database the companies are becoming choosy.No one knows for sure when the market will show an upswing in the job market.Chantel a HR consultant in a major company says that currently the only job applications accepted are from portals who offload their resumes.The cost of hiring has also gone down.However for job seekers in USA it will be a major challenge which will not only test their networking skills as well as patience! But, Heyman said, once companies make the decision to hire they are moving quickly."Clients are worried a hiring freeze may come, so companies are being attentive about getting the jobs filled," said Heyman.
Indeed, there is hope. As Mark Schleisner sat in the audience at a recent Five O'Clock Club meeting, Patricia Jones spoke of how she used the Club's networking techniques for five weeks after being laid off from a law firm where she had worked for ten years.
"Always have six-to-ten things in the works," Jones told the assembled job hunters. "When you have that you feel more confident when you go into your interviews, and to your meetings." Then she announced that she was about to start a job at a new law firm where she would be supervising 150 people, eight times the number of reports she had at the firm that had laid her off.

Wednesday, April 2, 2008

MBA schools in recession time!

Is a recession looming? The U.S. Federal Reserve certainly appeared to fear so when, in January, it chopped first a three-quarter point and then a half point off interest rates, spooked by a slumping housing market and a series of other poor economic indicators.
Going down: How can investors avoid a fall?
We might well avoid mass unemployment and soup kitchens on the streets, but it certainly seems that the recent good times of bull markets and ever-rising property values are over for a while, certainly in the United States and also, most likely, in many other countries.
So what is a company -- and still more pertinently, the humble individual investor -- supposed to do? Luckily, help is at hand from leading business schools, which, it could be argued, must earn their reputations all the more keenly in these leaner times.A collection of experts gathered together by the University of Pennsylvania's highly-rated Wharton school has one, overriding piece of advice for small investors in research just compiled: Don't panic.
Amid all the conflicting theories about selling equities to get into bonds, commodities or even cash, the assembled gurus urged the worried investor to hold tight and presume that their stocks will, over the longer term, continue to beat bonds, let alone inflation, in performance.
"I'm highly skeptical about the ability of most investors to predict turning points," he said.
"I think most people would be best served by staying with their strategic allocations and rebalancing if market moves have taken them too far from their targets. Sorry, but it's perfectly standard advice."Even if a U.S. recession is looming, noted Richard Marston, another finance professor at the school, it remains risky to try and avoid a downturn by exiting equities, cashing them in before returning when the market has bottomed out.
"In order to be successful in shifting towards cash and then back to stocks, we must first be able to determine whether we are indeed going into a recession," he said. "We won't know that until about 12 to 18 months after the recession begins."
FT MBA Rankings
1. Wharton, U.S.
2. London Business School, UK
3. Columbia, U.S.
4. Stanford GSB, U.S.
5. Harvard, U.S.
6. Insead, France/Singapore
7. MIT: Sloan, U.S.
8. IE Business School, Spain
9. University of Chicago GSB, U.S.
10. University of Cambridge: Judge, UK
Source: Financial Times 2008
Even assuming this, the investor "would need to know when to leave the market and when to enter it," he added. "Markets usually start falling prior to the start of the recession, but the lead time is variable over time. Over the last nine recessions, the lead time has varied from one to 13 months."
On the professional side, Jack Bogle, founder of mutual fund company the Vanguard Group, agrees that predicting market moves is a perilous business -- even though he puts the likelihood of a U.S. recession at 75%, mainly due to depressed housing prices hitting other spending.
"The consumer, of course, is king, creating about 70 percent of our GDP," he said. "I think we're in for one of the more significant economic storms of the last 30 years."
So, what to do? You guessed it, sit tight.
"First, understand that the stock market is a giant distraction to the business of investing," Bogle said."Don't do anything. That will probably be painful but it probably would be better than trying to guess when to get out."
Info taken from: Peter walker(CNN)