MBA students are being given new incentive to vie for the "Association for corporate Growth” second annual ACG Cincinnati Cup this month in Feb,2009.Student teams from various Universities offering top MBA programs.Teams from University of Cincinnati, Xavier university ,Miami university,Northern Kentucky University and university of Dayton will observe acquisition or merger case study,prepare recommendations and present them to a panel of judges selected from to industry.Finalists shall be awarded with corporate honours.Each University will choose its own winner and will send the winners for final round at university of Cincinnati.All the finalist team will receive cash awards too.online MBA schools have not been invited so far but hope this will materialize too.Top MBA schools like Harvard and Stanford have so far maintained a distance it seems.However studying MBA is all about simulation of real business scenario.MBA India too has launched a certain programme like this but due to financial crisis have still not put much energy behind it.Job loss is prompting many executives to go for MBA executive and part time MBA programme.However I do argue again and again that after a complete system overhaul MBA programmes will not be needed.I insist that TOP MBA schools should pay more emphasis on Idea generation.In short we may call it first rate entrepreneurship.It means learning how to change a wonderful idea into real working model.Our economy needs this kind of entrepreneurship.Also MBA students should be taught humility.
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