In
about 300-400 words, write an essay analyzing the below case study using the
SWOT framework.
MBA is a
graduate degree in business organization. The MBA degree began in the United
States in the late nineteenth century when the nation industrialized and
organizations looked for experimental methodologies to administration.
The
center courses in a MBA project spread different ranges of business, for
example, bookkeeping, account, showcasing, human assets, and operations
administration in a way most applicable to administration investigation and
procedure. (Lataif, 1992,
p-6)
SWOT analysis of MBA projects
offered by business schools
Strengths arte
the attributes of the business
or extend that provide for it favorable element over others. Weaknesses are the
attributes that place the business or undertaking off guard with respect to
others. Opportunities are components that the venture could adventure further
bolstering its good fortune. On the other hand threats are components in the environment that
could result in inconvenience for the business or venture. (Pickton & Wright, 1998, p 101-109)The center courses in a MBA project spread different ranges of business, for example, bookkeeping, account, showcasing, human assets, and operations administration in a way most applicable to administration investigation and procedure. (Lataif, 1992, p-6)
SWOT analysis of MBA projects offered by business schools
Strengths
Weaknesses
·
Chance for advanced education
·
Business information
·
Leadership qualities
·
Networking
·
Higher positions in business and administration
·
Earn 50 percent more
·
No guarantee of after expert principles
·
Shorter catch up courses
·
Speculations vs. professionalism
Opportunities
Threats
·
Updating courses
·
Organizations started to train their employees
·
Academies teaching the leaders of the company
Strengths
Strengths
|
Weaknesses
|
·
Chance for advanced education
·
Business information
·
Leadership qualities
·
Networking
·
Higher positions in business and administration
·
Earn 50 percent more
|
·
No guarantee of after expert principles
·
Shorter catch up courses
·
Speculations vs. professionalism
|
Opportunities
|
Threats
|
·
Updating courses
|
·
Organizations started to train their employees
·
Academies teaching the leaders of the company
|
- In both the U.s and most parts of Europe, a MBA degree from a main instructions foundation holds extraordinary quality and chance to those looking for advanced education.
- By getting MBA degree students get enough information regarding the businesses which are currently in operation all around the world.
- MBA degree holders gain substantial leadership skills during the course of their studies.
- Students understand the term networking and are able to network through the organization when they get up to their jobs in any organization.
- Overall, MBA graduates get higher positions in business and administration.
- The students are the one which are doing any degree expect higher incentives for their jobs. MBA applicants can hope to win no less than 50 percent more than they earned before acquire the degree.
Weaknesses
- It includes no guarantee to take after expert principles, as seen with capabilities in law, pharmaceutical, Auditing and bookkeeping.
- There is additionally no dedication to taking shorter catch up courses as a component of the proficient's proceeding with instruction.
- Some of the speculations taught in business schools clash with a feeling of professionalism.
Opportunity
- The business schools may hold customers by updating their courses. Many schools have started to change their syllabus by including workshops, leadership courses and many other things. This change has been appreciated by the companies.
Threats
- Many organizations want to train their employees themselves. Some have begun foundations inside their organizations.
- Some academies have begun to run a course to show business leaders to run their courses.
Case
analysis
Business Schools
offering MBA program
Advance Education
|
Business Knowledge
|
Leadership skills
|
Networking
|
Higher positions
|
Higher Incentives
|
Change Courses
Inside
training
Expert Principles
Leader’s academies
Speculation Shorter courses
Vs
Professionalism
Business
schools have some weaknesses and facing some threats as mentioned above. They
can overcome these challenges by adopting changes according to needs of the
market. The need of the market is to provide more practical experience rather
just case reading. A case reading does not provide sufficient skills to the
students to encounter problem when they take any suitable place in any
organization in order to improve the performance of the organization. It is
need of the hour for the business schools to change their syllabus that could
provide sufficient skills to the business students. These students which are
the future leader of the any organizations should have sufficient qualities to
improve the conditions of their organizations.