Does Learning a Foreign Language Help MBAs

11:02 | Labels: , ,


In an increasing universal work culture, where work is now become globally interconnected any additional skill that bridges the domestic and international gap in any way is more than welcome. What differs one country from another is the culture, the food, the work life but the most important point of difference is the language. English no more holds the roost for being the most spoken language in the world. Hence, there is a requirement for new languages.
Need for a Foreign Language
Log on to some offbeat job site or community website that shows freelance and part time job openings. You will see a lot of such jobs as translators and copy makers in certain specified languages. Markets have undergone evolution, the countries that used to communicate in English have been taking a backseat whereas the developing countries like China and the other BRIC nations are moving forward in business and enterprising requiring professional equipped to handle their native languages. Knowing the native language of a country helps bringing in the business, striking deals and closing negotiations of favourable terms. Hence, corporate and organizations prefer bilingual and multilingual mba professionals.
Important foreign languages for MBAs
From the detailed research and survey MBAupdates attempted it was observed that the languages in demand are Mandarin, Japanese and Spanish. These are the languages that are in demand. As the countries speaking these language are the countries taking a piece of the world with their development goals. You do not need to be great at reading or writing; just talking it fluently by learning through different ways can help you get the essential skills you need to know a new language.
How Does It Help MBAs
If you are an ambitious MBA looking for a good job opportunity abroad then here is a small but effective gateway. Learn a few, or even a single foreign language based on which country of the globe you intend to settle down it. First of all, if you have an additional skill of a foreign language, your resume looks more complete; secondly, the foreign language prefers you over the rest of interviewees, and thirdly, research shows language skills help basic post MBA salaries by nearly 15%-20%. The reason why this is considered an asset by employers is because languages are the keys to the hearts of many. Many a business deals and projects are one by making the client feeling more familiar, at home giving the MBA a new kind of business exposure! And this is best done with none other than the key to the client’s native languages.
Amidst the major, complex and detailed credit based MBA programs that students undergo, learning a new language is a rather relatively easier task, it is not too much of an investment and languages can be learnt effortlessly. Yes, learning a foreign language definitely helps MBAs. Talk a new tune, now! Do read the helpful tips and basics on language learning for MBAs complied by MBAupdates.

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Posted by samjohnson

Does Higher Education Reduce Crime?

11:17 | Labels: , ,


In the equation of crime, crime itself is the dependent variable, which is dependent on 20% education and 80% subjective personal circumstances. Education mba alone cannot mitigate the effects of crimes. Yes, crime is partially dependent on education. India is a vast country, a country filled with educated and uneducated people, with an average low literacy rates. In the other side, you have the United States of America, which too has been witnessing a discernible incline in crime rates, but wait; doesn't USA have higher literacy rates? Then why is it that the crime rates are seeing an increase. So what really results in crime?

Taking the education factor into consideration it should be accepted that higher education, that is , higher the child goes into the education system lower is the likelihood of crime as the individual is develops a stronger civic sense,  desires to be a better citizen, learns about rules, regulations and punishment. At the same time the higher the student climbs the ladder of education, higher are his chances of earning a better salary and thus lower is the possibility of him not being able to satisfy any of his needs. If he has the means, his desires are satisfied and hence education does play a partial role. If it did play a full role in reducing crime then no one in developed countries would have committed crimes. Take for instance the hate crimes, along with the other uncontrolled shootings that happen. Most of the criminals are highly educated.

Circumstances, the individual external situation and internal feelings play a major role in influencing crime. Individual situations can be caused by any family, relationships, friends, community etc. Internal situations can be caused to due to medical or psychiatric conditions and other mental disorders. Statistics show crimes arise mainly out of the inability to get the basic necessities. In a slowing global economy, mba, job and money matter, and the incapability to get these spur the crime rates. In times like these the job satisfaction levels are very low which tend to create an uneasy feeling prompting illegal alternatives as the short best quick route to the desired goal. A very abstract thought playing on the mind, is the contribution of the minority community in crimes. Research and survey have shown that crimes within and amongst minority communities have seen a steady rise. This could throw light on a very clear relationship between the lacks of benefits, opportunities and decent lifestyle with the need to commit crimes to get the basics.

Culminating so brings us to a totally different solution. To reduce the crime the government must try increasing jobs in general and specially to the minority groups and communities. Educational seats are already provided via the quota system but additional benefits could help the population at large feel more equated and at peace. Nonetheless, the attitude and mentality of the people can be honed with effective training, ideas and correct moral education. Thus, criminal activities are caused not singularly due to the lack of education and neither can higher education reduce crime single-handedly.

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Posted by samjohnson

Does The Length Of The MBA Program Make Any Difference?

10:56 | Labels: , ,


Taking a decision about enrolling for an MBA programs to a great extent depend on certain variables like the affordability of the program, the specializations offered by it and the duration of the program. Out of the three, two that are most significant and to an extent related to one another are the factors of affordability and time. The tenure of the program and the affordability are both directly proportional to one another and highly dependent on each other. There are many different angles to answer whether the length of the MBA program does make any difference? However, after a lot of deliberations, research and discussions MBAupdates presents you with you some easy solution you can choose as your answer. The answers are subjective in nature.
Answer 1- This solution depends on the type of MBA you are looking for. If you are a professional with a minimum 2 years work experience and looking only for an Executive MBA of sorts for a leap in your career then you should ideally not be attempting to go for any program lasting for more than one year. Even if in case you do something like that you tend to nullify the added advantage of the MBA course by the loss of two or more years of work experience. This brings you back to pavilion with respect to your salary. These courses are more affordable as the executives’ affordability kept in mind while pricing the coursework aligns with their opportunity cost lost with one year’s break at work. Yes, in this case the length of the MBA program definitely makes a difference. While pursuing an Executive MBA you are looking more for a titular course rather than detailed framework, so is the case with Part Time MBA programs which professional pursue simultaneously while working.
Answer 2- If you are a fresh graduate looking to complete your circle of education with an impactful MBA, then yes two year course definitely makes a difference to you. As you have no work experience you need to dedicate more time training yourself with an in-depth course detailed for a specialization of your choice. The investment you need to make will be way more than the other flexible MBAs but it will be worth it as your entire career could depend upon the credits taken during the MBA coursework.
Thus the question has personal answers, each student or professional’s primary motives of procuring the degree could be different. However the guiding factors that remain the same irrespective of the individual’s decision and circumstances are the consideration of the opportunity costs of money. That one considers in each of the answers given above. Choose any of the solutions above as your answer before you choose an MBA program with a set time period.

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Posted by samjohnson

Does The Hike In Fees Deter Students From Higher Education?

10:54 | Labels: , ,


Education is for all and indeed it should be for all. Basic education, graduation or higher education, accessibility and more than eligibility is a concern in India. Indian students mba are known to be brighter than the rest giving them an edge in the criteria of eligibility. What really bogs them down is their inability to make it to institutes that offer expensive programs. This is one the hardest truths the education system in India has witnessed with no concrete solution to it as well.
This was one of the driving reasons why the quota system in India was developed. Dr Ambedkar, while building the constitution gave the low income groups and lower sections of the society special cess and advantages in all spheres especially education, at all levels. This mitigates the effect of the costly higher education courses like mba. Consider a general category student of an upper middle class family who faces fund constraints. A very bright student after being called from a prestigious B-school discovers that his father can’t pay the fees, the scholarships are taken away, seats are bought out leaving him with no option but to let go off the call and probably choose another lower ranked college or simply stop himself for aiming for the said program. Are we moving towards restricting education only to rich and indirectly forcing the poor to remain poor?
The Reality
In times when the job scene is not fantastic, students don’t expect enormous salaries. So, if they have an education loan to pay off it is going to make it even tougher for them to sustain a decent living. Education was supposed to have a social role to play, it was for the public, it was meant to be for all. But surprisingly in India, education, the good quality education is being privatised. It has its own market of the niche richer section students. However, it must be noted that this is not the fault of the private education entrepreneurs as they see market and make a business out of it.
Solution
The problem, at least to some extent, lies with the government. It is the job of the government to make education more inclusive in nature. Talking about India, the financial diversity of the students’ needs to be taken into consideration. The Education Ministry needs review the ranked higher education institutes and put caps on the fees, the institution should be funded by the government partly, if not wholly. Even foreign institutes setting their ground on the Indian soil should be made to follow certain rules and regulations when it comes to sizing and pricing their courses if education and not revenues from the expensive courses is the final goal for Indian education.
India is losing out on the real value of its demographic dividend to its growth process if it does not make education more public in nature.

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Posted by samjohnson

Importance of PR in the MBA curriculum

10:51 | Labels: , ,


In today’s age what is not dependent on reputation? This essential image of the company is maintained by none other than the public relations (PR) department. This department is in reality the most important division as it is ever ready to make the image even better and or quick in reprimanding it if it gets damaged. Public Relations are also called reputation management and corporate communications that strengthen and look after the relation between the corporate in question and the public domain of the external world at large. Universities abroad have been pushing for public relations to be a part of the curriculum. Communication by companies whether small and medium scale or even listed companies is treated as the most important skill under scope of public relations. MBAupdates cites a few reasons marking the importance of PR In the curriculum of an MBA program.
Emergency Communiqué
Companies often get caught in controversies, over policies, rule amendments, employee crisis etc. This is the time the PR team can come handy is solving issues related to the reputation, public safety and other such crisis spills. They become immediate advisors to the head honchos, CEOs etc. PR professionals are mostly MBA students who have an all-round knowledge sphere that include domains of law, political and other corporate communication.
Media Relations
Most of the corporates have a public identity that is significantly inclusive in the growth of the company. The credibility of any company is dependent on its image. PR handles this image, hones it and protects it to keep it tandem with the growth potential and the objective of the organization. The media being a prime mover of news, positive or negative can be controlled by the PR team which looks after media inquiries and settles investor doubts regarding floating news in the market. PR teams designate spokesperson, the most knowledgeable about the company to look after any communication outlet through new broadcasts, newspapers, radio or television show.
External Relations
External is this reference could include the customers or clients of the organization, the media. The governmental organization, the related social responsibility centres etc. This includes making newsletters, printed material, brochures, etc. It also includes social media presence if it falls within the marketing spectrum of the company, emails regarding products, market and public inquiries of all sorts, attending calls from the dignitaries, and taking charge of all the possible events, starting from organizing to the entire activity of planning the same.
Thus, the two main tasks include communication and relationship building and maintaining. These are the two main pillars that each company is dependent on. This makes it very essential for PR to be included as a part of any MBA curriculum in the world.

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Posted by samjohnson

TISS 2013–Tips for General Awareness section

10:48 | Labels: , ,


The general awareness section is considered to be one of the most challenging sections to score in Indian competitive exams, be it any exams the SNAP, XAT or even TISSNET for that matter. TISSNET 2013 has gone online this year. The exams are going to be held of January 13, 2013 and the results will be declared by the end of the same month. The TISS 2013 general awareness and current affairs sections is the easiest to tackle in the entire paper. It will be even easier with the exam being basis on multiple choice questions. Sample TISS papers and past year TISS papers for mba can be referred by students to analyze some of the trends and manner in which questions are asked in this section.
The major issues surrounding this section is that the syllabus for this section is massive and hence the students get confused as to what is to be ignored and what is to be read thoroughly. MBAupdates puts your doubts to rests after examining the Sample TISS papers and past years TISS papers mba.
  • The main readings need to revolve around the absolutely current happenings in India andbeyond. This can be done with the help of newspaper reading of major dailies like Times of India, Economic time and good editorials like The Hindu. What is I needed is effective reading, reading smart. Reading smart happens with reading the main headline of the national news, international news and the economy sections while merely glancing through the entire newspaper should suffice. Read only the stories of main pages mentioned above. The business section readings should include latest news on the Indian banking riles, systems, changes, amendments, FDI news, SEZ news and other small but significant business changes including exports and imports.
  •  Readings on history and geography can be done from basic CBSE history and geography books form the standard 5th to High school CBSE till the 12th. The polity and Indian economy sections can be covered with ease with readings of editorial sections of reputed newspapers like The Hindu and the Indian Express. For this section even reading weekly and bi-weekly quality magazines like India today, outlook etc. are a good idea.
  •  Science and technology is a new development that is often emphasised on in the current affairs sections. This should include readings on new inventions and discoveries that can be covered form year books like Manorama and other year books of leverage. Year old knowledge on technology should be enough.
  •  International and other national organisational structures along with their ruling heads and official signatories should be known to the student. Even major development schemes in MNREGA and other Sarva Shiksha Abhiyaan should be well-read off. Books on International relation by M.L Jhingan used at Masters Level could be of great use.

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Posted by samjohnson

CAT 2012 results revealed!

10:40 | Labels: , ,


The much awaited CAT results are finally out. As expected, there was a technical glitch a few minutes after the results were declared at 3 a.m this morning. The officials said that this was due to the large number of aspirants who were eager to ease the pressure off and thus logged on at the same time.
Out of 1.91 lakh candidates, 10 scored a perfect 100 percentile. Incidentally, 9 out of the 10 candidates are engineering graduates whereas 1 is a B.Sc. graduate. 5 of them are still in the final semester of their graduation mba.
This clearly indicates that engineering students still dominate CAT for mba, despite the fact that CAT underwent some changes to attract candidates from Humanities and Social Sciences background.
MBAupdates called up few of the top coaching institutes to enquire about the toppers of the respective institute. Here is the list of few of them with the classes they took their coaching from.
Anshul Garg (PT Education)
Rahul Saran (IMS)
Jaskaran Singh Sachdeva (Byju Class)
Ravi Teja Palla (Career Launcher)

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