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Ever since Harvard Business School started offering the first MBA program in 1908, the coursework has been developed to teach students to develop sharp-edged managerial skills, analytical rigor and assume managerial roles and responsibilities from Day 1 at the workplace. Students are trained to use sound reasoning skills, general business principles and observation powers in order to be effective decision makers. Professionals with MBA degrees are generally capable of being divisional managers, heads of offshore operations and centers, enterprise sub-divisions and bank branches at early stages of their jobs.

The general premise for all universities and colleges offering MBA degrees is to prepare leaders for tomorrow in every field, domain and industry sector. MBAs are fast-tracked into assuming managerial roles and functional responsibilities in any enterprise or business. They are also groomed to take over top management and leadership roles in large enterprises, Fortune 1000 corporations and investment banks. Experienced MBAs with technical or engineering expertise are also sought by start-ups and small and medium businesses to be CEOs or chief operating officers.

Although investment banks, management consultancy and accountancy firms, and fast-moving consumer goods are sought-after career options for many freshly-minted MBAs, others opt for challenging careers in federal government agencies; multilateral institutions such as the World Bank, International Monetary Fund, International Labour Organization and United Nations; promising start-up ventures; and even non-governmental organizations. Many MBAs also work in the retail, engineering and manufacturing, health care, high-tech and biosciences industries. MBAs with previous work experience also end up being entrepreneurs.

Corporate strategy is one of three hierarchical levels of strategy. Decision making at the highest level falls under this strategy. Reference for.

Bachelor s degrees usually provide a broad education, with limited concentration in a major or minor. Graduate degrees, on the other hand, are.

An MBA is a master s degree in business administration, designed specifically for business leaders. In these classes, students learn theories of management.

When human resources professionals speak of leadership competencies, they are referring to broad categories of measurable wisdom and organizational savvy key to.

If you are an MBA student studying finance, chances are you will need to complete a finance project during your final year.