Executive MBA Programs

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Are you a Kolkata based young doctor who is not quite happy with the way his/her career is shaping up? Do you feel that you lack the essential management skills? If so then this is an article for you…

If you are a doctor with a graduate degree in your name, and want to increase your prospects in your trade, then you probably might be thinking of pursuing a master degree. The most preferred post graduate degrees opted by most doctors are MD or MS. These degrees are known to provide a more in-depth knowledge to the doctors in their field. These degrees allow the doctors to specialize and thus better their career prospects in the field of medicine.
 
However off late there are many doctors who are pursuing MBA as a post graduate degree. Although not a very popular choice among most doctors at present yet it cannot be denied that, MBA is gradually gaining importance among doctors who are keen to shift towards the management side of medicine. Doctors who are pursuing a management degree are finding great jobs in the areas of Hospital Development and Administration or Medical Product development and management. These are some of the jobs that place utmost responsibility on the part of managers and hence are placed on the top list when grading jobs in the medical field.  They are well paying as well and this is a reason why many doctors are gradually shifting to this field. Also, doctors who have a management degree need not necessarily quit their medical practice, and this is probably another major reason why many doctors are opting for an MBA.

Thus, if medical students want to pursue a management degree from the best MBA School Kolkata, they can do so for the following 2 reasons:

1. They do not want to stay in the medical field anymore and want to shift to a totally new field in which their medical history holds no importance. Management gives a completely new scope to everyone and hence can be pursued without much ado.
2. They have a good experience and practice in the field of medicine and believe that they will be able to work better at the management level of the hospital or medicine, where their management degree as well as medical background will hold as much importance for being a good manager.

It is precisely for this reason that most foreign universities have now introduced an integrated MD/ MBA degree which will help the students become better managers in the field of medicine. But in case you are more interested in clinical research and in-depth knowledge of medicine, then perhaps an MD/ MS degree will be better for you.

 In the west there are Master degrees in Public Health Care and also Executive MBA programs for doctors that help widen the knowledge and scope of doctors in the field of medicine. The foreign MBA programs for doctors are intended to make them better trained and educated to handle any situation or emergency that can arise in the field of medicine. Doctors are also trained and encouraged to start public healthcare programs and organizations to better the state of the under-privileged and needy in order to support a good cause.

In India such programs are not yet in vogue but it has been seen that various top schools, including top business schools in Kolkata are having an increasing number of doctor applicants every year.

You’ll feel right at home no matter what corner of the world you’re from. Experience Thunderbird’s student activities, campus setting and international environment where you’ll build lifelong friendships. Thunderbird School of Global Management is regarded as the world’s leading institution in the education of global managers and has operations in the United States, Switzerland, the Czech Republic, Russia, Mexico, Central and South America and China. Ranked No. 1 Full-Time MBA in international business by The Wall Street Journal and US News and World Report, Thunderbird is committed to producing global leaders who contribute to sustainable prosperity worldwide. Thunderbird has several global business programs to meet your educational goals, career objectives and your schedule. Visit the website at www.thunderbird.edu to learn more about: full-time degree programs, distance learning degrees, executive MBA programs, and open enrollment courses.

Alumni of Georgetown University’s McDonough School of Business were among the first to explore the new business school building when they celebrated Reunion Weekend in May 2009. Highlights of the weekend included a lecture in one of the new classrooms, an open house for all McDonough School of Business alumni, and a dinner for graduates of the MBA and International Executive MBA programs who were celebrating their reunion this year. The new building symbolically puts business on display through a spacious atrium and an abundance of glass walls. The buildings modern design complements the schools forward-thinking, world-class curriculum, while the stone façade replicates the look and feel of Georgetowns historic Healy Hall.

For many years people had the conception that Singapore is a place where you can have great shopping options. But the country has developed significantly and today it is one of the leading seats of education in Asia. Singapore has managed to carve a niche for itself in higher education especially the Singapore Management University. There are several highly acclaimed business schools that are offering MBA courses. These courses are suitable for experienced managers as well as for the students. There are also many local business schools in Singapore such as Nanyang Technological University and the National University of Singapore that are popular among the MBA aspirants. There are several foreign universities in Singapore offering Executive Master Programs. While some of them have set up their physical campus others have joint collaborations with the local universities. The MBA universities offer degrees that are internationally recognized. There are also research and scholarship opportunities available for the students.

Amongst the host of international universities in Singapore the two best are University of Chicago, INSEAD and City University of New York, CUNY. Both these institutes have produced leaders in the business world. The institutes award AACSB accredited degrees to their students after successful completion of Executive Master Programs. The graduate programs of these International Universities offer quality education, look after the overall development of the students, and give the opportunity to bag a great job.

Chicago, INSEAD and Baruch college is considered to be one of the best business schools in the world. The university has close tie ups with some of the leading business organizations over the world. They also provide training and research facility to their students. These factors have contributed to the fame of INSEAD. There are various MBA in Singapore courses offered by the university such as full time MBA, part time Executive Master program and Executive Development courses. The full time MBA lasts for 10 months and has been divided into five study periods of eight weeks each. In the first three study periods students are taught 14 principal subjects while in the final two study periods students have the option to choose among 80 elective courses.

The students are selected after a stringent screening. Furthermore, they are required to have excellent academic qualifications, management and leadership potential and a diverse range of experience. Admissions for the MBA in Singapore are done twice every year in the month of January and other in September. There are students from over 70 nationalities studying in this well recognized university.

The City University of New York (CUNY) is the largest AACSB accredited business school in America. There are various MBA programs that are available at this university. The university also has collaboration with the Aventis School of Management. The Baruch campus of CUNY has come up with a wide variety of courses on Executive Master program such as Executive Master of Science in Finance, Executive Master of Science in Marketing and Executive Master of Science in Management of HR and Global Leadership.

The business world considers Singapore to be a gateway to Asia. The country has highly advanced infrastructure and close economic ties with some of the big countries such as India and China. The low cost of the MBA in Singapore attracts the students to pursue MBA in Singapore.

I am currently finishing up a masters degree now, but if in 5 years or so if I wanted to go back and get my MBA. I am trying to decide which school to go to. The school I really like is only IACBE accredited and offers MBA concentations in Accounting, Information systems, Finance, Marketing, or an Executive MBA option. The other college that offers AACSB accredidation only offers the general MBA without a concentration option. Students from either school have the same average GMAT scores. I did a google search for starting salaries and found MBA’s from the AACSB accredited MBA had a starting salary of $60,000 while the IACBE accredited MBA program graduates had starting salaries of $38,000. If I decide to get an MBA which one should I choose?

When Kelly Davidson¹ decided she wanted to transition from a career as a high school teacher, she knew she’d have to go back to school to achieve her goal-and it would be costly. She also knew that pursuing a graduate degree would potentially impact her ability to save for retirement, so she met with her Smith Barney Financial Advisor to develop a strategy that would help enable her to return to school in five years.

With time being a key factor, the Advisor suggested that a 529 College Savings Plan-named after the section of the IRS code that authorized their creation-would be the best way to meet Kelly’s education-funding goals. Using the proceeds from a settlement, Kelly set up a 529 plan for herself and launched a systematic investment plan to help her potentially maximize the account’s value. Kelly’s Five Year Plan was well under way, but there was one thing she hadn’t planned for: right before she was slated to return to school, Kelly’s husband, an executive at a multi-national corporation, received a lucrative job offer-in London. Unfortunately, Kelly’s qualifications were not easily transferable, so even if she wanted to continue teaching, she would have to take additional certification courses in England.

Luckily, Kelly had saved for her graduate degree in a 529 account, so she could use the funds at any accredited university in the world. She decided to forgo the additional teachers’ certification courses and apply to business schools instead. Kelly is now pursuing her MBA at the London Business School-one of the top three MBA programs in the world²-and using her 529 plan assets to pay for her tuition and related expenses.

In today’s rapidly globalizing economy, Kelly’s situation is not unique. Each year, thousands of American students either participate in study abroad programs, or enroll full-time in colleges and universities outside of the United States. In fact, according to a recent poll of college-bound students, 55 percent indicated that they are certain or fairly certain they will participate in a study abroad program, and another 26 percent indicated a strong desire to study abroad.³

In response to the high demand, many higher education institutions now offer a number of international learning programs, ranging from semesters at sea to cultural immersion and multi-city programs. However, despite the myriad of international programs available, many students (38 percent) still cite high costs as the top reason for lack of participation in study abroad programs.³ In addition, using financial aid for international studies presents its own challenges: additional eligibility requirements-residency, grades, credit hours, and age, to name a few-must be met, and foreign and US semester schedules differ which can delay loans and other federal aid.

Still, there are options for those who want to finance an education abroad, including 529 College Savings Plans. The plans allow tax-free accumulation of assets and federal tax-free withdrawals for qualified higher education expenses, and the features (flexibility, control, and multiple investment options) which make 529 plans attractive for funding stateside education are also available when the plans are used with accredited foreign institutions.4 

Searching for Eligible Foreign Institutions

Anyone can conduct a search for a particular school, or view a list of all eligible foreign institutions by querying the Federal School Lookup database:

Visit http://www.fafsa.ed.gov/FOTWWebApp/FSLookupServlet Select the school year from the drop down box, and select “Search” from the options available In the state drop-down box, select “Foreign Country” to view all eligible schools in other countries, or if the school is located in Canada, Mexico or any U.S. territory, you can narrow your search by selecting the appropriate country

How It Works

Over 4005 foreign higher education institutions are eligible under the rules permitting federal tax-free withdrawals from a 529 plan. A list of eligible foreign institutions is available in the Federal School Code Lookup database on the Free Application for Federal Student Aid (FAFSA) website.

“The test for any particular school’s inclusion is its eligibility to participate in Title IV federal financial aid programs,” says Joseph Hurley, founder of SavingforCollege.com. “Most degree-granting four-year schools, junior and community colleges, and graduate schools will qualify, as will many proprietary and vocational schools.”

529 Plans Support International Learning: Three Ways to Use 529 Plans Abroad

Is A 529 Plan Right For You?

A 529 savings plan is one of the best tax-advantaged ways to save for higher education-whether you plan to study  in the US or abroad. Most plans offer several asset allocation options, and also allow you to contribute via lump sum or through a systematic investment plan such as a payroll deduction. You should consider investing in a 529 plan if you are:

A parent concerned about the rising costs of college, A grandparent who wants to help save for your grandchildren’s future education expenses A retiree who would like to develop an existing hobby into a serious, full-time interest An “Empty Nester” who is still active in the workforce, but needs to return to school to remain competitive A professional who is considering going back to school to pursue a second degree, change careers, or to enhance your professional skills An adult who wants to help a child in your life- a niece, nephew, or godchild-save for future college expenses

As more higher education institutions implement international programs to address the growing demand, opportunities to study abroad are more available than they were twenty years ago. If you already have an education plan, consider whether studying abroad is an option you’d like to pursue in the future. If you need help developing an education plan, a Financial Advisor can help you get started, and can even customize a proposal based on projected costs at the schools you’re considering.

Whether you plan to study stateside or beyond the country’s borders, one thing is certain: college costs are on the rise, so it’s important to start early. The world is your oyster; take advantage of all it has to offer.  

¹ This name is a pseudonym.  Name similarities to any individual living or deceased are purely coincidental.

² Source: 2008 Global MBA Rankings, Financial Times

³ College-Bound Students’ Interests in Study Abroad and Other International Learning Activities, CollegeBoard.com, January 2008

4 Assets must be used for qualified higher education expenses. However the pursuit of a degree is not a prerequisite for tax-free qualifying withdrawals. Transportation costs are not considered a qualified expense.

5 Search results as of August 15, 2008. Refer to Searching for Eligible Foreign Institutions in this article for search methodology.

Graeme H. Patey is a Financial Advisor with Smith Barney located in Cleveland, Ohio and may be reached at 216-523-3015 and/or graeme.patey@smithbarney.com.

Assets can accumulate and be withdrawn federally tax-free only if they are used to pay for qualified expenses.  Earnings on non-qualified distributions will be subject to income tax and a 10% federal income tax penalty tax.

Please consider the investment objectives, risks, charges and expenses associated with municipal fund securities including 529 Plans before investing. The offering statement contains this and other important information. To obtain an offering statement, please call your Financial Advisor or visit www.smithbarney.com to locate a Financial Advisor in your area. Read the offering statement carefully before investing.

Investments are subject to market risk and may fluctuate in value.

Investors should consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax benefit or other benefits that are only available for investments in such state’s qualified tuition program.

Smith Barney does not provide tax or legal advice, and it is important to consult with a tax or legal advisor before investing.

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The Executive MBA, commonly referred to as the EMBA, is designed specifically to help working business professionals, managers and executives by giving a professional touch to their already acquired work skills. The Executive MBA is geared towards professionals who are looking to update their general management skills and prepare themselves for career advancement opportunities.

What really sets the executive MBA apart from many other MBA programs is the level of experience and insights that students bring to the program. In most Executive MBA programs, the students’ professional experience and expertise becomes an integral part of the curriculum. The Executive MBA is typically completed during the evenings or on weekends over a two-year period. The Executive MBA truly offers a level of education not obtained in any other setting.

A majority of top executives, worldwide, feel that earning a graduate degree in business is important for those who want to obtain top management positions. MBA today is not just another qualification; it is a necessity as the world moves towards a more corporate and service-oriented economy. An MBA not only ensures your employment, but also ensures your success and marketability in an ever-evolving job market.

The Bangalore Management Academy (BMA), located in the beautiful garden city of India called Bangalore, offers an executive MBA program in affiliation with Australia’s Edith Cowan University (ECU).
We offer our students:

Excellent infrastructure

Centrally located, Modern and Spacious campus

Well equipped labs and library

Experienced faculty

Unparalleled track record for internships and placements

Bangalore Management Academy (BMA) is a leading Business Management Institution in India delivering quality higher education to ambitious students striving to be a success in the corporate world. Since the first collaboration with Bharathidasan Institute of Management, BMA has tied up with new and exciting partnerships with top most universities in India, Australia, Malaysia, Singapore and UK.

BMA’s Executive MBA program focuses on providing students with training in basic business principles needed by any business manager including, corporate finance, economics, strategic planning, marketing, basic accounting, etc. The subjects that are taught at BMA are current, relevant and case study based. The specializations offered include Finance, Marketing, Information Systems, Hospitality & Tourism, International Business and HRM.

The Executive MBA at BMA is also an ideal networking opportunity. BMA provides opportunities to the executives to interact with respected business leaders and community leaders of India apart from interacting with classmates from varied industry backgrounds. The connections that are made while earning an MBA are definitely as valuable as the degree itself.

What are the benefits of BMA-ECU Executive MBA program?

The MBA is a full time certification; the classes are in the Weekend.

Faculty are high-end, predominantly from the Industry holding key decision making positions capable of teaching mature, experienced adults.

The class comprises of students who are self-motivated, focused managers.

100% faculty contact program with the teaching mode being a combination of case studies, projects, assignments, interactions and lectures. The exposure is truly based on experiences rather than on textbook reading.

Ideal class size of 30-40 students encouraging meaningful participation from every candidate.

A short but sufficient program delivered over a period ranging 24 months. Classes conveniently spread over Sundays over 8 hours.

Well laid out campus with excellent facilities like central Air-conditioning, theatre style seating, hi-end audio-visual equipment, WiFi connectivity and corporate ambience.

The library is digitally equipped with more than 1200 current journals, 10,000 e-books, talking books, online subscriptions to world-class digital libraries and magazines, CD servers, access to DELNET, IIM libraries, The British Council Library and other excellent facilities apart from the traditional library resources like books, encyclopedias, magazines, newspapers etc.

The program is priced in such a manner that your return on investment is almost immediate.

The university is well recognized and accepted by the Industry and various other bodies.

About Edith Cowan University (ECU)

Edith Cowan University (ECU) is a Government University from Australia and is today Western Australia’s second largest university with more than 23,000 students from about 80 countries. ECU started as a teaching college in 1902 and is named after Edith Dircksey Cowan – Australia’s first female Parliamentarian and a fighter for social justice.

ECU awards are recognized nationally and internationally, because of rigorous accreditation procedures used by the University, and consultation with professional and vocational groups. ECU is a member of the National Unified System of Australian Universities, the Association of Commonwealth Universities and the Australian Vice-Chancellors Committee. Universities throughout the world recognize ECU programs for exchange purposes. ECU MBA has the unique distinction of being rated 5 Star by the Good Universities Guide (GUG) for the past three consecutive years. How do the students’ organisation benefit?

The benefit a student derives also benefits the organization / sponsors, but in addition:

An organization gets to develop managerial talent from within its own pool.

The syllabus and interactive sessions pave way to several work related projects and case studies that provide immediate on-the-job benefits.

Employees gain insight into the conceptual, technical, and interpersonal skills required, thus strengthening the business leaders of the 21st century.

Minimum disruption in work output as the program is held over the weekend.

The faculty has varied industrial exposure and will be ideal mentors.

Employees have a wonderful peer group of experienced managers and executives from across the industry.

The cost of the program is recovered by employees gaining – a better insight into management, strengthening core business skills, exposure to different perspectives on current business issues, increased intellect and lower attrition.

Specializations available for the Executive MBA program are:

Finance

Human Resource Management

Hospitality and Tourism Management

Management of Information Technology

International Business

Marketing

General Specialization

degrees from any University in Canada? For example, Ryerson (not so much of a recognized University as say, University of Toronto)

The two Executive MBA programs offered by the Johnson School are designed to allow you earn the highly regarded Cornell MBA while you continue to advance your career and meet the other responsibilities in your life.

Could I take the TOEFL and GRE without a specific decision on school to attend and still have the scores validated in the near future once my decision about applications is made?

I am a 44-year old professional with MBA, executive education and extensive corporate and entrepreneurial experience. I am exploring the possibility to either pursue a PhD in Marketing and/or a specific executive MBA or the like. I would like to proactively “save time” by preparing myself for the GRE or GMAT (I took it 10 years ago so it is no longer valid) and take the exam.

Thank you