What Is Business School

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What is Business School? A business school is a school that offers programs which center around business studies.

Some business schools offer both graduate and undergraduate programs. Undergraduate programs are known as BBA programs. Graduate programs include MBA programs, Executive MBA programs, and Doctoral studies. Why Business School? The main reason to attend school is to increase your salary potential and advance your career. Because college graduates are eligible for jobs that would not be offered to those who hold only a high school diploma, a college degree is almost certainly a necessity in todays business world. Most business schools offer specialized classes in addition to a curriculum that focuses on general management. This type of education will be valuable regardless of the career that is chosen after graduation. A business school degree also increases your marketability as a potential employee in the business world. Careers for Graduates with a Business School Degree A business education can lead to a broad range of careers. Here are just a few of the specializations that graduates can pursue: Business School Overview The better business schools take academic theories and apply them to real-world problems. They craft students into astute decision makers and professionals who can readily navigate uncertainty, risk and change. The b-school curriculum is challenging, and students must work hard to keep up. But the bottom line is that the goal of every business student is to get a challenging, high-paying job after graduation. So for most, earning perfect grades is not as important as making contacts with peers, professors and executives who will be helpful down the road. Business School: Year 1 At most schools, the first term (or year) is devoted to the core curriculum, designed to give students a broad overview of the major areas of business. Courses range from finance, management and accounting to decision sciences, organizational behavior and economics. A core marketing course might cover pricing, segmentation, communications, product-line planning and implementation. Students also take electives, which provide a more narrow focus. Some business schools have come up with an entirely new way of covering the basics, integrating the core courses into one learning experience, which may also include sessions on

topics such as globalization, ethics and managing diversity. These half-year to year-long courses are team-taught by professors who see students through all disciplines. Whatever the structure, the first term of b-school can be daunting. MBA programs usually pack a hefty chunk of learning into the first term. The pace and volume is intense. The good news is that schools generally recognize how tough this part of your b-school education can be. During the early part of the program, many schools place students in small sections. You take many or all of your classes with your section-mates, which can help make a large program feel much smaller. The first year of getting your MBA is like living in fast-forward. This is especially true of the job search. No sooner are you in the program than recruiters for summer jobs show up. First-years aggressively pursue summer positions, which are linked with the promise of a permanent job offer if the summer goes well. At some schools, the recruiting period begins as early as October. Business School: Year 2 Much of the second year will be spent taking electives to gain proficiency in your area of specialization, networking and searching for a job. This year tends to be much more relaxedthe academic workload is lighter, and students know whats important and whats not. B-school students spend a lot of time socializing, especially in the second year. After all, your fellow students are your future customers and business partners. So getting to know your classmates isnt just a nice thing to doit will determine your future success. Alumni are also an important part of the b-school experience. While professors teach theory and practice, alumni provide insight into the real business world. When you're ready to interview, an alum working at a company youre interested in can help secure the interview and may shepherd you through the hiring process. They can also provide more general advice on finding a job and thriving in the business world. Once you have your MBA, you can expect to hit the ground running. Youll start off your post bschool life with a load of contacts that you will periodically leverage over your career. An active alumni relations department can give you continued support. Post-MBA executive education series, networking events and the career services office are all resources you can draw on for years to come. Use of case studies Some business schools center their teaching around the use of case studies (i.e. the case method). Case studies have been used in graduate and undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors affecting the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.

Business schools often obtain case studies published by the Ross School of Business at the University of Michigan, Harvard Business School, the Richard Ivey School of Business at The University of Western Ontario, the Darden School at the University of Virginia, INSEAD, other academic institutions, or case clearing houses (such as European Case Clearing House). Harvard's most popular case studies include Lincoln Electric Co.[5] and Google, Inc.[6] Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:
1. Prepared case-specific questions to be answered by the student. This is used with short

cases intended for undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies. 2. Problem-solving analysis. This second method, initiated by the Harvard Business School is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader. 3. A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six to a dozen cases during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyzing cases studies and real situations.[7] This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently most professors are capable of supervising application of this method.

Business School Application When you apply to business school, youll be evaluated based on your GMAT score, college GPA, resume, essays, letters of recommendation and an interview. The first four are generally the most heavily weighted. Fortunately, b-school admissions committees place great emphasis on getting to know you as a person. It is the entire application that determines whether you win admission. This system allows you to compensate for problem areas. Any weakness can potentially be overcome by a strength in another section, so make sure you emphasize whatever assets you have; don't take them for granted. The more competitive the school, the less room there is for weakness in any of these areas. Heres a quick breakdown of your b-school application:

GMAT Virtually every MBA program in the country requires their applicants to take the GMAT. Great GMAT scores won't necessarily get you into the school of your choice (there are too many other factors), but low scores will almost certainly keep you out. As a general rule, if your scores are more than 50 points below a school's average, you are facing an uphill battle. If you're in this situation, consider taking the GMAT again. Business schools generally focus on your most recent score.

GPA Admissions committees look at your transcript to determine whether or not you have the drive and brainpower to succeed. Some business schools look more closely at junior and senior year grades than the overall GPA. They also consider the academic reputation of your college and the difficulty of the curriculum. A transcript loaded with courses like "Ballroom Dance" and "The Child in You" isn't valued as highly as one with more substantive courses. Many schools will look especially closely at your performance in quantitative courses like calculus, statistics and microeconomics. Given the quantitative nature of many MBA courses, admissions officers feel that such classes are good indicators of your performance. If you didn't take any quantitative courses as an undergraduate (or didn't do so well in them), consider taking one before you apply. Resume The typical b-school applicant has between four and ten years of solid professional experience, so your resume will be evaluated to see how you measure up. Include as much information about your accomplishments as possible, highlighting team experience and leadership capabilities. Use action words such as "organized" and "created". Point out the quantifiable results of your work, such as money and man-hours saved, percent increased and revenue earned. And remember to include any community service or other notable activities.

Essays A well-written essay will provide a window into who you are as a person, highlighting your strengths and acknowledging your weaknesses. When writing, be sure to check your ego at the dooryou want to come across as confident, not arrogant. Essay topics can run the gamut. You may be asked to describe a personal failure or explain how you will bring diversity to the class. You will certainly need to write about your reasons for pursuing an MBA at this particular school.

Top business schools in india

Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS) S. P. Jain Institute of Management Studies, Mumbai (SPJIMR) Schools of Management, IIT (Mumbai, Delhi, Chennai) Management Development Institute, Gurgaon (MDI) Narsee Monjee Institute of Management Studies, Mumbai (NMIMS) Xavier Institute of Management, Bhubaneswar (XIM B) Symbiosis Institute of Business Management, Pune (SIBM) Symbiosis Center for Management & Human Resources Development, Pune (SCMHRD) Institute of Management & Technology, Ghaziabad (IMT) International Management Institute, Delhi (IMI) Bharathidasan Institute of Management, Trichy (BIM) Mudra Institute of Communications, Ahmedabad (MICA) Indian Institute of Foreign Trade, Delhi (IIFT) T. A. Pai Management Institute, Manipal (TAPMI) Loyola Institute of Business Administration, Chennai (LIBA) Institute of Rural Management, Anand (IRMA) Institute of Management Development Research, Pune (IMDR)

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