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The Spread of Specialized MBA Programs

B-school trends come and go, but one that seems to have legs is the creation of specialized MBA programs, particularly by second-tier schools. The schools find them useful for attracting students and cementing their brand identities at a time when competition among schools for the best students is intense. In recent years, they’ve becoming increasingly common (BusinessWeek.com, 7/19/07) even at high-profile schools. Haas School of Business at the University of California at Berkeley, Massachusetts Institute of Technology’s Sloan School of Management, and the Wharton School now offer specialized MBAs, majors, or dual degree programs in areas like real estate, sports management, biosciences, electronic commerce, and health care.

But is a specialized program always a good choice for an MBA student?

Not necessarily. While established programs have placement records on par with those of their general MBAs, many newer programs have not yet established the kind of recruiting relationships that guarantee students high-paying jobs at graduation. And graduates always run the risk of getting hamstrung by their specialties later in their careers, when an industry downturn forces them to look outside their specialties for opportunities.
Chart Your Own Path

Some who have gone through the specialized programs say they are best for those with a firm idea of their future goals, and who are keen to chart their own path. “I knew what I wanted to do,” said Carrie Stern Rathod, who received her MBA from Wisconsin’s Brand ‐ Product Management Center in 2005 and now works for Procter & Gamble (PG), which recruits regularly from the program. “There’s a range of people for whom this program is ideal. If you have an entrepreneurial bent but are not sure you’re ready to take the leap yet, the program might be right.” But, she added, “I think it would be tough if you wanted to go into consulting or something like that.”

For students who aren’t comfortable breaking away from the pack or seeking out professional contacts in unconventional ways, a specialized MBA might not be the best choice. This is especially true at less well-known schools, where big companies often don’t recruit. Students in these programs agree that making industry connections can require a lot of initiative from the student. “If you have a very specific company in mind, you might need to be a trailblazer in making relationships with those companies,” says Rathod.

More : businessweek.com

MBA program coming to town

A unique opportunity for higher education aiming to prepare future leaders of the community is coming to Pickaway County this fall.

Berger Hospital is teaming up with Ohio University in Athens to offer OU’s professional Master of Business Administration in Circleville.

“We’re constantly meeting to talk about what we might do to expand educational opportunities for the community,” Berger President Tim Colburn said. “Why an MBA program? Because health care is a business, and we need to make sure we’re building and developing future leaders.”

Berger already has a partnership with OU at its Chillicothe branch to train nurses in Circleville, and Colburn said the success of that program gave Berger an inroad for more educational offerings locally.

The program, which takes about 22 months to complete, consists of one evening a week of classroom activities held via video conference with instructors in Athens and a weekend course once every six weeks on the Athens campus.

OU has been offering the professional MBA through outreach programs for the last five years, according to Dr. Ed Yost, OU’s director of executive graduate education and development, and he said it’s been very successful preparing students for the business world.

“This program is aimed at working professionals to complete an MBA in a non-full time environment,” Yost said. “It’s designed for people that who maybe don’t have a business degree to give people a background to turn into a managerial career step.”

Yost said the course is delivered with more group projects rather than class work, and that was part of the appeal for Berger, according to Suzanne Welker, Berger’s human resources director.

“We’re excited about the synergy the group will have and think the teamwork will benefit the hospital and community,” Welker said. “Business management develops over time and we want to maximize skill development.”

Students in the program will learn about analytical decision making, which focuses on making good business decisions and professional development, including managing people and resources, teamwork and leadership, according to Yost.

He said the course also gives professionals the opportunity to meet people in other businesses and build on local networks.

More : circlevilleherald.1upmonitor.com

BIM walks away with top honours in biz quiz

Who are the Snow White and Seven Dwarfs of the corporate world? Ever heard of co-opetition? And how does one term mutual funds that will not cover liquor companies?

Not just the competitors, even the audience had a fun time, guessing answers to these questions at the finals of the business quiz, conducted by the IIM-Ahmedabad Alumni Association’s (IIM-AAA), Chennai chapter, here on Sunday.

In the end, when the Bharathidasan Institute of Management, Tiruchi, walked away with the IIM-AAA Anchor Cup 2006, it was a well-earned victory, followed by S.S.N School of Management in the second place and Bangalore’s ICFAI Business School in the third. The P.S.G Institute of Management, Coimbatore, stood fourth.

The quiz was being held to sensitise business school students in south India to the latest corporate happenings, said A. Satish Kumar, president, IIM-AAA Chennai chapter. Anchor Health and Beauty Care was the chief sponsor.

The preliminary written test had been conducted in Chennai, Bangalore, Coimbatore and Madurai. The finals consisted of 12 rounds, including an audio-visual round, two oral rounds and a rapid fire round, with quizmaster S. Jagan keeping the momentum going.

The last winner of the trophy was also BIM in 1994 after which the quiz was discontinued till the IIM-AAA decided to re-launch it, Mr. Satish Kumar said.

Handing over the cup to the winning team, N. Murali, Joint Managing Director, The Hindu , said such quiz contests should be made part of the college curriculum as they were not just clean fun but also of educational value.

Students Graduate in Ceremonies for 122d Commencement at St. John’s

St. John’s University conferred 2,146 undergraduate degrees at three graduation ceremonies held over the weekend.

The Rev. Donald J. Harrington, president of the university, gave the keynote address at all ceremonies for the 122d commencement exercises.

Addressing the students at the campus in Jamaica, Queens, yesterday, Father Harrington told the students that “the quality of life in society rests upon the quality of education in our grammar and high schools and in our colleges and universities.”

Referring to the rioting in Los Angeles, he said, “Regardless of how we interpret the events of the past month, regardless of where we seek to place the blame, I submit to you that an essential part of any solution must be the renewal of the educational system of our land.” Industry, Health, Banking

At the first ceremony, held in Alumni Hall in the morning, an honorary doctor of commercial science degree was awarded to Michael E. Maher, an alumnus of the university who is chairman of Maher Terminals Inc. in New Jersey, one of the largest independent container terminal operators.

Sister Irene Kraus, president of the Daughters of Charity National Health System in St. Louis, received an honorary doctor of letters degree.

In the ceremony held in the afternoon, also in Alumni Hall, an honorary doctor of commercial science degree was awarded to Richard T. Greene, president of Carver Federal Savings Bank, one of the largest black-owned financial institutions in the nation.

Edward Mercado, director of the Office of Civil Rights for the Department of Health and Human Services, received an honorary doctor of laws degree.

On Saturday, a commencement ceremony was held on the Grymes Hill campus of the university in Staten Island. An honorary doctor of civil law degree was awarded to Josephine L. Gambino, president and senior member of the New York Civil Service Commission. Cornell University

Cornell University’s 124th commencement took place yesterday in a cold rain with temperatures in the 30’s, prompting the university’s president, Frank H. T. Rhodes, to cut short his prepared remarks to the 5,900 graduates. University officials said it was the first time in 17 years that it had rained on commencement.

Each of the graduates of Cornell’s 11 schools and colleges at the ceremony, which was still held outdoors on the campus in Ithaca, N.Y., was given a red rose. Mr. Rhodes used the occasion to remind them to “take time to smell the roses.”

Corpn. E-governance project: the first phase by August

The bridges have been removed, for the gradual establishment of a system of electronic governance to the decentralization of tasks Corporation Thiruvananthapuram and citizens to improve the structures to provide services through a network of computers zonal centres liaison with the plant.

The first phase of the project, included in the road map is expected that his work since early August. An amount of Rs.1.5 crores for the programme. The tenders were issued for the provision of computers and servers. Information Kerala Mission, the software offers care, has already applied packages for the various functions and projects Kudambasree work overtime for data entry.

The first phase of the project involves the computerization of health services and revenues. The issue of birth and death would be the first request, except to take the system. Urban planning, engineering and information technology sections are generally later.

The counter tax collection system friends citizens-Service Center is replicated in the Corporation.

Moves on transforming the lobby of the headquarters at Palayam in an installation of modern computers and enough seats for visitors. The Front-Office, first with four computers equipped with 30 employees. The number of counters on 12 will be gradually increased.

The computer training in the direction of the Corporation is already computer knowledge base to more than 250 employees in different departments. A nucleus of the team selection of personnel for the modular training to prepare the new system.

The Mayor, J. Chandra, said e-governance system, in order to strengthen activities under the road map in the 81 stations. She said, the problem of staff shortages in the zonal offices could redistribution of employees of IT services after talks with unions.

When entering data for land tax was seen as part of updating the registers DCB, it is necessary to adapt the software applications. Back records for business taxes are also a war.

The company has leased 30 computers for work and data entry of additional layers to work for the job. The office Kadakampally zonal data sheet most discs at work is progressing in the rest of the area.

The computer system will put an end to project monitoring, planning, management retreats and social systems, revenue, finance and accounting systems, public administration works, handling and the establishment Question community information systems.

The functions, including tax collection, compilation, workflow, accounts, construction and decision support. The mission IKM in the working group has a workflow engine for file management and monitoring. Another package for the registration and certification and management of pension and social systems is complete.

Companies with a digital collection of laws and other relevant documents on local institutions, including constitutional provisions, laws, regulations, commissioned by the government, circulars, guidelines, communications, decisions of courts, application forms manuals of procedures for office and general information.

Washington Agenda-General.

SCHEDULE: full of events: GLOBAL HEALTH Council is the 30 annual conference on the theme “Our future Common Ground: health and the environment.” Environment - physical, economic and social - exerts a profound influence on health . Many of the World Health result from underlying differences in environmental conditions. While the health risks of deteriorating environmental conditions posed a global threat, who live in developing countries pay the highest price, often with the double burden of traditional ecological risks in the context of poverty and population density and …

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