MBA Programs – And More….
Business continues to be the driving force for economic growth and a main contributor to the GDP. The business landscape continues to change and organizations need to stay abreast and adapt to ensure that organizations are successful in attaining organizational goals. The 21st century in relation to business has proven to be challenging, but the old tenets of customer service, sales, and growth are still valid.
Education, whether attained via experience or traditional school, is more important than ever before. The way we do business has changed and organizations need to have employees that are “knowledge workers” who can attain, disseminate and share information throughout the organization. In lieu of the globalized economy and a business model of perfect competition, where no one company has great market share, the old paradigm of learning-on-the-go is quickly dissolving. More business organizations require that prospective staff should already possess advanced knowledge as part of their skillset. The time typically allotted for learning on the job is a luxury that most organizations can’t afford, not any more. Therefore, prospective candidates need to walk into a job, with experience and education. Today, an MBA is crucial to the success of an individual’s career goals. They provide the knowledge necessary and when coupled with experience, create a well-qualified candidate.
Education in business is essential and requires an in-depth understanding of newer business concepts that can only be learned at the graduate level. MBA programs that many universities offer today are different than in the past. Concepts that encompass a multitude of disciplines are being taught in a real and pragmatic way. The velocity of technology, coupled with a globalized economy has dictated this change in the way MBA programs are taught. Concepts ranging from Information Technology solutions such as Data Mining and Online Analytical Processing (OLAP), to strategic alliance initiative implementation are just a sampling of the curriculum that is now indigenous to the curriculum of MBA programs.
At Westcliff University, the MBA programs offered are indicative of the essentials needed in the new business economy. It prepares students with the tools that business needs to stay competitive and to grow alongside a globalized economy. But equally important to the curriculum is the manner in which it is delivered. Students are taught by experienced and educated practitioners to allow students to think creatively and develop innovative solutions using these new tools of business. Typically, the curriculum and students interact with the real business world to produce a learning outcome that is both practical and relevant.
Therefore, MBA programs should not be a one-size-fits-all education. It is a dynamic business degree that incorporates the latest technologies and competitive concepts into its curriculum. The real value in MBA programs however doesn’t reside in the curriculum. Rather, it is the dedicated and receptive student-body that can harness the power of its meaning and concepts by applying themselves. Students must be willing to accept change and learn how to adapt and go beyond the textbook and apply business concepts beyond the normal boundaries basic finance, sales, etc.