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Why Earning an MBA Degree From Anywhere Else
May Be a Waste of 1000-3000s of Hours of Your Time?
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In articles published recently in Business 2.0, National Post, the Chicago Sun-Times, and the Chronicle of Higher Education, Stanford Business School Professor Jeffrey Pfeffer stated that you may be just as successful in your career if you do a two or three week boot camp on business basics instead of a two-year
MBA.
And we complete:
Or a similar course through the Internet.
Professor Pfeffer analyzed 40 years of research on the economic value of an MBA degree. He concluded that it does not guarantee a successful career or a higher salary. His research was published in the Fall 2002 issue of the Academy of Management Learning and Education. Stanford graduate student Christina Fong was his co-author.
Dr. Pfeffer is an expert in organizational behavior and has taught at elite American business schools for over 30 years.
He says: "The simplest advice is that if you do not get into a leading business school, the economic value of the (MBA) degree is very limited. But there is not much evidence that the actual education does very much. Obviously, if you get admitted to Harvard or Stanford or another elite school, the very fact of your admission is going to increase your worth in the job market. Employers who hire brand-name MBA graduates do so on the basis of the quality of the student body at the school, not whether the students have acquired specific skills or knowledge with their degrees."
He also said "Little of what is taught to students in business school prepares them for the corporate workplace. One of the problems is that
much of the business school curriculum has remained unchanged since the
1960s."
And we complete:
Our MBA is one of few designed to teach the modern business technology used by any modern company.
"U.S. schools have also become slaves to magazine rankings, leading them to develop coddling devices such as professor-written lesson summaries to bolster their "student satisfaction" appraisals. When students are relieved of any sense of responsibility for their learning ... they learn much less."
"A recent report from the Association to Advance Collegiate Schools of Business, the primary accrediting body in North America lambasted its members for
maintaining a curriculum that is out of touch with modern business
practices. It said that preparation for the rapid pace of business cannot be obtained from textbooks and cases" said Professor Pfeffer.
From the beginning, we designed Abet programs to overcome the problems inherent in MBA programs and business schools in the USA and elsewhere.
Why waste thousands of hours of your time on a standard MBA when you can spend more or less 100-150 hours -
only more or less 4-5 hours/week - on a online very modern MBA through the Internet?
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The new
ways to do the business |
Very
modern and imperative
matters are included in our MBA of Business Administration & e-Company. The old and
standard Business Administration concepts included in any current MBA program are
very important, but today the companies are very different.
This new
situation strongly demands a MBA program including the General Control
Theory, the control engineering, the new business technologies, the
Management by Exception concept automated by computer systems, the Feedback Control
System, etc.
The MBA of Business Administration & e-Company of ABET cannot be compared
with a traditional MBA Master. He also teaches the traditional basic principles of a MBA
Master, but in a way more concentrated.
But if we refers about a more modern business administration, our course
is superior because he teaches matters like CIO, CRM, ERP, VOIP, Call
Centers, TeleCommuter, Geo-Spatial, etc., that now are the most demanded subjects by the
companies.
Because of that, our MBA of Business Administration & e-Company is also used as a complementation
for any
traditional MBA Master, that usually doesn't include those matters.
This point is
very important. Because we have a strong technologic background AND the
today's different nature of the business, our
MBA program covers the major business disciplines from a technology
perspective, and considers the business and technology issues facing
today’s companies.
The business is
more and more the technology, and vice-versa. The
companies are more and more electronics, as for examples the ERP
Enterprise Resources Planning, the CRM Customer Relationship Management,
the Voice over IP VoIP, the sophisticated Call Centers, etc. Therefore,
a modern Business Administrator must learn these new ways to do
the business and how to manage these modern enterprises.
Our MBA
program is one of few of the world also including the following very modern matters
concerning the new ways to do the business, as in the few examples below (we
suggest to compare our MBA program with the others, because in
today's business these technology matters are imperatives):
CIO
Chief Information Officer Role
CIO is the
highest professional level among the professions related with the
business administration together with the new digital and
communication technologies. It is a
professional with a business mind and is very important to know his role
in today's modern companies.
ERP Enterprise Resources Planning
ERP is presented in a conceptual way and without connections with any
specific software manufacturer. We recommended this MBA
program as fundamental for the managers of any ERP project, not
specifically because of the matters on ERPs but yes by the
concepts taught during the whole MBA program.
IME e-Commerce & Internet Marketing Engineering
Internet is the new media, the
one of most future among the existent medias. This MBA program teaches
how to do the Internet Marketing and at low cost, including also the
e-Commerce, B2B, B2C, etc.
CRM
Customer Relationship Management
With a general view of every
angle, the computer system interacting directly with the clients through
voice by phone (and voice recognition if necessary) without human
actions, for marketing, sales, support, accounts, etc. In short, in any
customer relationship with a company. In recent research with IT
Managers, 41% answered
that the CRM is the number one in the priorities list for the period
2002/2003.
And also the new generation of sophisticated Call
Centers with bidirectional voice operation and direct access to
databases,
etc.
Enterprise
Telephony VOIP Voice Over IP
The Internet Telephony, the cost-effective way to communicate within
your organization and/or your clients, gateways to add voice
transmissions on your existing intranet data network and/or wide area.
This is an option and that doesn't have additional
cost.
This course MBA of Business Administration &
e-Company has 70 lessons, and the first 39 lessons are similar to the total 39 lessons of the course MBA of Chief Information Officer CIO. Like this being, when concluding the 39 initial lessons of the course MBA of Business Administration &
e-Company and the respective test, we will be able to issue you an additional Diploma of MBA of Chief Information Officer CIO.
Students will take
lessons covering the following fields:
1. The first
65% of the course:
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CIO Chief Information Officer
Role
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General Control Theory
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Feedback Control System &
Management by Exception
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ERP Enterprise Resources
Planning
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Internet Telephony (Voice over
IP)
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CRM Customer Relationship
Management & Call Centers
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Internet Marketing
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e-Commerce, B2B and B2C
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TeleCommuter (Distance work)
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Geo-Spatial & Informatics
Integration
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Biometrics
2. The second
35% of the course:
Project
Management
Sales &
Marketing
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Customer Service
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Customer Satisfaction
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Product and Service Management
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Research Methods
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Advertising and Promotion
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Public and Media Management
Operations
Management
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Facilities Management
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Quality Management
Human Resource
& Career Management
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Employee Performance
Management
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Employee Wellness Programs
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Interpersonal Skills
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Personal Development
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Personal Productivity
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Personal Wellness
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Policies
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Staffing
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Guiding Skills
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Interviewing (many types)
Managerial
Development
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CEO Chief Executive Officer
Role
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Controlling/Coordinating
Activities
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Creativity and Innovation
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Crisis Management
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Business Ethics and Social
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Evaluations
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Risk Management
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Supervision
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Group Performance Management
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Group Skills
Leadership
Strategic
Management
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Organizational Alliances (Mergers,
etc)
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Organizational Change
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Social Entrepreneurship
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Organizational Communications
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Organizational Performance
Management
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Organizations
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Systems Thinking
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Growing Organizations