Skills Needed in MBA Program

An MBA program will hone your business skills, but will also require some existing skills from you. These skills will be both used and enhanced during your MBA study. You will need these skills not only during the entire course of your MBA program, but also in preparation for your future business ventures.

Math and logic
Business means that you will be dealing with money or more numbers. To deal with spreadsheets and other financial documents, you need to have good mathematical skills. You will also be dealing with more advanced mathematical functions, especially in subjects such as economics and actuarial science. If you are already interested in mathematics as a whole, you will have an advantage in some of your subjects.

Data analysis
It is important to do well in business analysis. If you can examine data carefully and create solutions for case studies, you will do well in the field of business. When filling in your spreadsheets, you shouldn’t focus on the mathematical side alone, but will also have to relate these numbers to business probabilities.Oral and verbal communication
You will need to write business proposals and pitch your products to make a sale. This means that you will also need excellent written and verbal communication skills. How can you use numbers and plans if you cannot put them into words?
Emotional quotient
Even if you are the smartest MBA student, you will not fare well in the real world without a high emotional quotient. You don’t only need to communicate, but also hat to connect with people. You need to know how to work with a team and further develop your leadership skills. For your business to do well, you need to expand your social network. This growing network may benefit your business in the future.

Why Networking is important ? { MBA }

When you enroll in an MBA program, you expect to learn advanced business skills. This means that by the time you earn your MBA degree, you are better qualified for management positions or for a completely different career. Of course, all these will depend on the kind of MBA program you choose. Aside from this, an MBA degree also provides other benefits, which include the opportunity for networking. Networking allows you to share ideas with people coming from different fields during your MBA stay.
The networking offer
An MBA program offers networking. Though other schools will provide their own brand of networking, an MBA school will connect you with like-minded people: future entrepreneurs and managers.
The benefits of networking
Why is networking so valuable? On the surface, networking is about socialization and about making sure that you have a well-balanced life. Of course, these are both valid reasons to support networking. From a business perspective, however, networking also focuses on finding contacts that can help in your future business ventures. Your current classmates may become future business partners or even clients. Or, they can contribute helpful tips on how you can better run your future company even when you are still a business student. It’s crucial for those who attend MBA schools to ask for the contact numbers of people they deal with. Who knows, these people may help them achieve business in the future?
Networking within your MBA program
Of course, it is not advisable to make connections merely for gain. You may establish friendship with other students or join organizations to expand your social network. This will help you become a good team worker and team leader as well. If you treat them more warmly, they will be more willing to help you out in the future. To maintain a strong link or build a better relationship, aAlso share your own business insights.

Online Marketing - The need of the 21st century

The last decade has been quite eventful..So many things have taken place at such a pace that we dont have time to breathe..
Its the marketing aspect which has changed quite considerably. When we think about the present scenario most of the companies are cutting on the marketing budget ? Why did this scenario took place? Why companies now have to look for various other options ? Why cant we manage our resources effectively in the 1st place? Why we keep on recruiting people even though the skill level is poor?
There are so many questions but very few answers...
Companies have started looking for various options. The one that comes to our mind is the online medium. Gone are the days of mass marketing. We know have to become more target oriented.
The things which are taught in our books needs to get implemented practically to some extent. It cant remain in the books for a long time.
Companies are now using the portal way to cut down on the cost & attract & retain the end user..
Globalization has made this happen & no one can stop things. Its the next big thing which will create a huge impact on various economies..
Companies need to be more externally focussed & please done stick to the same old formula of selling products. Its now about solutions as there are enough problems in the market. The website for instance needs to be looked upon as a medium of interaction between the end clients & the company. Its your value proposition. Dont create a negative impact. Make a meaningful website & many more things that wont irritate the customer..
Customers now have enough options to think for & hence companies need to be more effectively in delivering value & service.

It would be nice if you can comment & add some new dimensions to the topic...

Social Networking - It Really matters

Social Networking is the new trend of today's dynamic world. Facebook , Orkut , Twitter has really been a revelation with all kinds of people having different age groups, backgrounds , culture.. Communication was lacking a lot since ages but now its changed..

It has helped the business grow , knowledge sharing is done in a faster manner & that too thanks to the internet..Students have used this platform not only to make friends but also to share their experiences..This kind of networking is really useful & is required..Guidance is always missing & people are very shy to ask face to face.This hindrance is removed by this means of communication.

Business people are using it for expanding the customer reach , solving problems of people..Long term benefits are enormous...

More to come...

Thats me...making a difference

Case Study: The Barack Obama Strategy

Case Study: The Barack Obama Strategy

Case Study: The Barack Obama Strategy

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