Monday, October 29, 2007

MBA IN HUMAN RESOURCE MANAGEMENT

HR deals with key factors in industrial relations, human resource planning, human resource development, advanced industrial relations training and development, wage and salary administration, guidance and counselling. Human resource management also involves recruiting personnel and their training and handling union-management relations.

Topics also cover diagnosis and prediction of individual behaviours, group and inter-group behaviour, culture and tradition, values and social systems, influence of technology, power and politics, leadership and inter-personal skills, effectiveness of organisations, team building, problem solving, decision making, law and ethics and so on.

when a company recruits for its HR position, it looks at the following traits in a candidate: excellent communication skills; the students' attitude; the number of guest lectures and the projects that a university offers; the number of lecturers in the university; Special programmes conducted in the course; the number of courses/electives offered for HR (example) Balance Score Card. The most important skill required is negotiating skill, which is more important for HR.

One should choose reputed institute/business schools offering quality education for MBA admission.

Sunday, October 28, 2007

MBA IN SYSTEMS MANAGEMENT-A GOOD SPECIALIZATION

Systems is almost synonymous with computers. Actually, though, the latter are only a means to achieving the end. For instance, even a paanwala at the street corner has his own system of running his business which includes procurement, stocking , display, sales, cash management, etc. However, due to the sheer volume of transactions of various kinds in a large organization, systems are developed and maintained with the help of the latest Information Technology (IT) tools
However,It is not clearly understood whether a systems job is technical or managerial in nature. It is actually a mix of both and essentially entails information management. In this information age where huge premium is placed on information, leading organisations are discovering that they need to do a better job of capturing, distributing, shaping, preserving, securing, and valuing information in order to stay ahead of competition or at least survive.

A formally educated business analyst working in information management disassembles an organisation's business system to examine the sources of information, how it is used and the way it flows throughout the organisation in support of business activities. This examination documents information processes from data origin to final archiving. It attempts to identify where information is becoming distorted (causes) and how to improve the information's value. Such analysis requires a thorough dedication to the priorities of a business over technology and to people over machines.

The business analysts present an array of information processing proposals, including cost and time estimates. The chosen systems design is then transferred to other technical experts who actually develop and deliver the final system. Clearly one can see that such an exercise involves a thorough understanding of business processes and requires good hardware and software skills.

Friday, October 26, 2007

THE ENGINEER MBA ADVANTAGE

I was out of my home for last month.So iwas not able to to make any posts during that time.Hope I can continue posting from now onwards

Having an M.B.A.-or at least the skills such a degree offers-just might work better for you in today's economy, especially because companies are looking for employees with more well-rounded skills than just narrowly focused engineering skills.
It may make that person more flexible in down times, where employers might rely on that person to take on more responsibility.
About 25 percent of MBA students are engineers. Increasingly therefore it is expected that more graduate engineers will undertake this qualification in the future. Most MBA courses are aimed at all graduate disciplines. A few universities offer a technical MBA.

It is important that engineers widen their knowledge and skills in the management area if they wish to become senior managers in manufacturing industry. Having already obtained a technical degree, an MBA completes their education in the wider areas of management that usually include subjects such as finance, marketing, human resource management, organisational behaviour, and management strategy. The engineer thus has the opportunity to quickly progress in their career usually through fast track promotion into very senior management posts.
This is also important because the role of the engineer is changing - within an industrial company, the engineer is likely to be the manager that has to implement new practices and new technology. Thus the engineer often becomes the primary manager of change within the modern organisation, which again requires specific skills and learning

Thursday, October 4, 2007

U.S BSchool rankings by specialization

Accounting
1. University of Illinois–Urbana-Champaign
2. University of Texas–Austin (McCombs)
3. University of Michigan–Ann Arbor (Ross)
4. University of Chicago
5. University of Pennsylvania (Wharton)
6. University of Southern California (Marshall)
7. Stanford University (CA)
8. New York University (Stern)
9. Brigham Young University (Marriott) (UT)
10. Ohio State University (Fisher)
11. University of North Carolina–Chapel Hill (Kenan-Flagler)
12. University of Notre Dame (Mendoza) (IN)
13. University of Washington
14. Harvard University (MA)
University of Florida (Warrington)
16. Columbia University (NY)
Cornell University (Johnson) (NY)
Indiana University–Bloomington (Kelley)
19. Northwestern University (Kellogg) (IL)
20. University of Wisconsin–Madison
21. Arizona State University–Main Campus (Carey)
University of California–Berkeley (Haas)
University of California–Los Angeles (Anderson)
24. Texas A&M University–College Station (Mays)
University of Georgia (Terry)
University of Iowa (Tippie)
University of Rochester (Simon) (NY)
28. University of Arizona (Eller)
29. Massachusetts Institute of Technology (Sloan)
University of Virginia (Darden)
31. Bentley College (McCallum) (MA)
Duke University (Fuqua) (NC)
Michigan State University (Broad)

Entrepreneurship
1. Babson College (Olin) (MA)
2. Stanford University (CA)
3. University of Pennsylvania (Wharton)
4. Harvard University (MA)
5. University of Southern California (Marshall)
6. Massachusetts Institute of Technology (Sloan)
7. University of Michigan–Ann Arbor (Ross)
8. University of Texas–Austin (McCombs)
9. University of California–Berkeley (Haas)
10. University of California–Los Angeles (Anderson)
11. Indiana University–Bloomington (Kelley)
12. Northwestern University (Kellogg) (IL)
13. University of North Carolina–Chapel Hill (Kenan-Flagler)
14. University of Chicago
15. Columbia University (NY)
16. New York University (Stern)
17. University of Arizona (Eller)
University of Colorado–Boulder (Leeds)
University of Maryland–College Park (Smith)
20. Dartmouth College (Tuck) (NH)
University of Virginia (Darden)
22. San Diego State University
Wake Forest University (Babcock) (NC)
24. Rensselaer Polytechnic Institute (Lally) (NY)
25. Ball State University (Miller) (IN)
Syracuse University (Whitman) (NY)
University of Washington

Finance1. University of Pennsylvania (Wharton)
2. University of Chicago
3. New York University (Stern)
4. Columbia University (NY)
5. Stanford University (CA)
6. Massachusetts Institute of Technology (Sloan)
7. University of California–Los Angeles (Anderson)
8. University of California–Berkeley (Haas)
9. Harvard University (MA)
10. Northwestern University (Kellogg) (IL)
11. Duke University (Fuqua) (NC)
12. University of Michigan–Ann Arbor (Ross)
13. University of Rochester (Simon) (NY)
14. Yale University (CT)
15. Ohio State University (Fisher)
16. Cornell University (Johnson) (NY)
17. Indiana University–Bloomington (Kelley)
18. Carnegie Mellon University (Tepper) (PA)
University of Texas–Austin (McCombs)
20. Dartmouth College (Tuck) (NH)
21. Purdue University–West Lafayette (Krannert) (IN)
University of Virginia (Darden)
Washington University in St. Louis (Olin)
24. Boston College (Carroll)
Emory University (Goizueta) (GA)
University of Florida (Warrington)
University of Illinois–Urbana-Champaign
University of Southern California (Marshall)
University of Washington

Information Systems
1. Massachusetts Institute of Technology (Sloan)
2. Carnegie Mellon University (Tepper) (PA)
3. University of Texas–Austin (McCombs)
4. University of Arizona (Eller)
5. University of Minnesota–Twin Cities (Carlson)
6. University of Maryland–College Park (Smith)
7. New York University (Stern)
8. Georgia State University (Robinson)
Stanford University (CA)
10. University of Pennsylvania (Wharton)
11. Indiana University–Bloomington (Kelley)
12. University of Michigan–Ann Arbor (Ross)
13. Arizona State University–Main Campus (Carey)
Purdue University–West Lafayette (Krannert) (IN)
University of Georgia (Terry)
16. University of California–Irvine (Merage)
University of Pittsburgh (Katz)
18. University of California–Berkeley (Haas)
19. Bentley College (McCallum) (MA)
University of Illinois–Urbana-Champaign
21. Georgia Institute of Technology
22. Northwestern University (Kellogg) (IL)
University of Washington
24. Harvard University (MA)
University of Texas–Dallas
26. Columbia University (NY)
University of Connecticut

International
1. Thunderbird (Garvin) (AZ)
2. University of South Carolina (Moore)
3. University of Pennsylvania (Wharton)
4. Columbia University (NY)
New York University (Stern)
6. University of Michigan–Ann Arbor (Ross)
7. Harvard University (MA)
8. Duke University (Fuqua) (NC)
9. University of Southern California (Marshall)
10. University of California–Berkeley (Haas)
11. University of California–Los Angeles (Anderson)
12. Georgetown University (McDonough) (DC)
13. Stanford University (CA)
14. Michigan State University (Broad)
15. Indiana University–Bloomington (Kelley)
University of Texas–Austin (McCombs)
17. University of Washington
18. Florida International University
Northwestern University (Kellogg) (IL)
Temple University (Fox) (PA)
21. Dartmouth College (Tuck) (NH)
George Washington University (DC)
University of Hawaii–Manoa
24. University of Chicago
University of North Carolina–Chapel Hill (Kenan-Flagler)

Management
1. Harvard University (MA)
2. Stanford University (CA)
3. University of Michigan–Ann Arbor (Ross)
4. Northwestern University (Kellogg) (IL)
5. Dartmouth College (Tuck) (NH)
6. University of Pennsylvania (Wharton)
7. University of Virginia (Darden)
8. University of California–Berkeley (Haas)
9. Duke University (Fuqua) (NC)
10. Columbia University (NY)
11. Yale University (CT)
12. Massachusetts Institute of Technology (Sloan)
13. University of California–Los Angeles (Anderson)
14. University of Chicago
15. Cornell University (Johnson) (NY)
New York University (Stern)
University of North Carolina–Chapel Hill (Kenan-Flagler)
18. Indiana University–Bloomington (Kelley)
19. Texas A&M University–College Station (Mays)
20. University of Minnesota–Twin Cities (Carlson)
21. University of Maryland–College Park (Smith)
University of Texas–Austin (McCombs)
23. University of Illinois–Urbana-Champaign

Marketing
1. Northwestern University (Kellogg) (IL)
2. University of Pennsylvania (Wharton)
3. Duke University (Fuqua) (NC)
Harvard University (MA)
5. University of Michigan–Ann Arbor (Ross)
6. Stanford University (CA)
7. Columbia University (NY)
University of Chicago
9. University of California–Berkeley (Haas)
University of Texas–Austin (McCombs)
11. Massachusetts Institute of Technology (Sloan)
12. Dartmouth College (Tuck) (NH)
University of California–Los Angeles (Anderson)
14. New York University (Stern)
University of Florida (Warrington)
16. University of North Carolina–Chapel Hill (Kenan-Flagler)
17. University of Virginia (Darden)
University of Wisconsin–Madison
19. Indiana University–Bloomington (Kelley)
University of Southern California (Marshall)
21. Cornell University (Johnson) (NY)
Emory University (Goizueta) (GA)
University of Illinois–Urbana-Champaign
24. Michigan State University (Broad)
Ohio State University (Fisher)

Nonprofit
1. Yale University (CT)
2. Harvard University (MA)
3. Stanford University (CA)
4. University of California–Berkeley (Haas)
5. University of Michigan–Ann Arbor (Ross)
6. Northwestern University (Kellogg) (IL)
University of Virginia (Darden)
8. Columbia University (NY)
9. Duke University (Fuqua) (NC)
10. Case Western Reserve University (Weatherhead) (OH)
Dartmouth College (Tuck) (NH)
University of California–Los Angeles (Anderson)

Production/Operations
1. Massachusetts Institute of Technology (Sloan)
2. Purdue University–West Lafayette (Krannert) (IN)
3. Carnegie Mellon University (Tepper) (PA)
4. University of Michigan–Ann Arbor (Ross)
5. Stanford University (CA)
6. University of Pennsylvania (Wharton)
7. Harvard University (MA)
8. Northwestern University (Kellogg) (IL)
9. Columbia University (NY)
Indiana University–Bloomington (Kelley)
11. University of North Carolina–Chapel Hill (Kenan-Flagler)
12. University of California–Los Angeles (Anderson)
13. Michigan State University (Broad)
Ohio State University (Fisher)
15. University of Chicago
16. Georgia Institute of Technology
17. University of California–Berkeley (Haas)
University of Texas–Austin (McCombs)
19. Arizona State University–Main Campus (Carey)
20. Cornell University (Johnson) (NY)
21. Dartmouth College (Tuck) (NH)
22. Duke University (Fuqua) (NC)
New York University (Stern)
24. University of Maryland–College Park (Smith)
University of Minnesota–Twin Cities (Carlson)

Supply Chain/Logistics
1. Massachusetts Institute of Technology (Sloan)
2. Michigan State University (Broad)
3. Arizona State University–Main Campus (Carey)
4. Ohio State University (Fisher)
5. Carnegie Mellon University (Tepper) (PA)
6. Stanford University (CA)
7. Pennsylvania State University–University Park (Smeal)
Purdue University–West Lafayette (Krannert) (IN)
9. University of Pennsylvania (Wharton)
10. University of Tennessee–Knoxville
11. University of Michigan–Ann Arbor (Ross)
12. University of Maryland–College Park (Smith)
13. Harvard University (MA)
14. Columbia University (NY)
Northwestern University (Kellogg) (IL)
16. Georgia Institute of Technology
Indiana University–Bloomington (Kelley)
18. University of Wisconsin–Madison
19. University of Arkansas–Fayetteville (Walton)
University of California–Los Angeles (Anderson)
University of North Carolina–Chapel Hill (Kenan-Flagler)
22. Dartmouth College (Tuck) (NH)
23. Duke University (Fuqua) (NC)
University of Chicago
University of Minnesota–Twin Cities (Carlson)