time doing. Business sparked my interests early on in high school. Although there were no business related courses until my senior year I knew some type of business was where I wanted to end up. Taking a course titled “Virtual Enterprise” in high school solidified my choice. In that class we set up a mock business and entered into the market with other companies from schools across the globe. It was the first year we had the program at our school‚ so we had to start up a business that would run
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popularity of management education has turned it into a big business in India. Business schools have been mushrooming all over the country during the last few years. This phenomenon has started affecting the quality of business schools and diluting the standards of management education‚ leading to commoditization of the MBA degree. The value of the MBA degree seems to have eroded and most management graduates from tier II and below business schools are considered unemployable by the corporates. This
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purchasing smaller businesses‚ partnering with banks and Mergers & Acquisitions. Many preferred stable revenue over higher margins during the year and targeted the custody business instead of the lending business. The custody business is mainly about buying and selling securities/shares for the investors and is a low-risk fee-based business with high interaction between seller and customer. At the time 50% of revenue was paid as employee salary and therefore profits of the company were showing a declining
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60000 | 110000 | 92000 | Growth rate | 3% | 4% | 3.5% | Bonus (tax free) | / | 20000 | 18000 | Average Tax rate | 26% | 31% | 29% | Discount rate | 6.5% | 6.5% | 6.5% | Based on the information above‚ we can find a timing that gong to the Business School is not a good deal because the net present value of future cash flows would be lower than that of staying at the current job. In addition‚ we assume Ben will retire at the end of 68 years old; and after T years‚ it will be worse for Ben to
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Order winner and order qualifier are criteria defined by managers within their operation strategy plan to gain competitive advantage in the market. These terminologies were first introduced by Professor Terry Hill‚ at The London business school (Encyclopedia of Business‚ 2nd Ed.) and ever since it’s been used as a measuring tool to assure managers about their product acceptability by the customers. The success of a company depends greatly on Order-winner factor (Slack‚ Lewis 2008). It is the most
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Motivation letter written by : Date of Birth: Relocation to Germany after my wedding to a German National in December 2012 was the time when I decided to top up my five years of Defense management experience with a formal training in Business methods and etiquettes that only an MBA would impart. Prior experience in the technical arm of Defense services included work in diverse management issues‚ manpower management‚ training of subordinates‚ planning of resources and projecting requirements
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Essays 1) What are your career goals? How will an MBA help you achieve these goals? Why are you applying to Columbia Business School? My Career Goal My plans for the next ten years are to establish and manage a public relations and advertising company. I want to especially concentrate on sports marketing and entertainment management. Korea has rapidly grown in the past few decades in the manufacturing industry‚ but is still in its infancy in fields of services. I decided to
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weak grades‚ poor GMAT‚ lack of volunteering‚ job-hopping‚ etc. It focuses the eye where you don’t want it. If you have a fix‚ state it. Otherwise just move on. 4. Don’t try to be someone else It’s natural to want to fit in with the business school type‚ but business schools seek a broad mix of backgrounds and experiences and opinions. Be who you are. It’s enough. 5. Don’t be generic You must differentiate yourself in a valuable way. When is a statement generic? If it could come up in the next
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COVER LETTER SAMPLES Your Name Your Street Address City‚ State‚ Zip Date Employer’s Name Title Company Street Address City‚ State‚ Zip Dear Mr. or Ms. Last Name: Your opening paragraph should briefly introduce you and your interest in the company. If you are aware of a specific position or opening‚ refer to it now. This paragraph should also be used to mention the names of individuals you have met from the company (e.g.‚ at the EIS‚ company event or other networking event)‚ or the
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Career Goals It is a fairly puzzling task to opt for definite professional experiences that have affected my choice of business school. It appears to me that I have been longing for obtaining desirable Master’s Degree for ages. Nevertheless‚ I can emphasize on my first foray into the business world with franchise‚ which has taken place in Hyderabad‚ April 2010 and certainly made me think that I would enroll MBA program. Later in time I became involved in customization of software as a project leader
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