Benefits of MBA programs include hands-on training and competition opportunities
Posted on 2/8/2010
Prospective business students may be interested to learn that their course of studies is likely to take them beyond the classroom to include valuable opportunities for practical learning and networking.
For example, a case competition was recently held at Wake Forest University, where technology giant IBM challenged MBA students from across the country to provide ideas for its Smarter Cities program, an initiative designed to revitalize developing markets like Dubai, Singapore, Shanghai, Prague, Rio De Janeiro and Mumbai.
The 2010 Marketing Summit included eight MBA student teams that had 36 hours to develop a marketing plan for a chance to win a first-place cash prize of $50,000. At the end of the three-day event, the award went to the team from Ohio State University.
Robin Young, the general manager of IBM Global Technology Services, said she was impressed by the knowledge and creativity of the participants. "There were jewels in every single presentation that we will be mining for a while," she said.
"Such talent easily aligns with IBM, which is always looking for the most-innovative ideas and is hungry for fresh approaches from academia," Young added.
Throughout the event, students also had the opportunity to network with corporate leaders, marketing professionals, higher education officials, alumni and peers.
PayScale.com, a research company, says that average salaries for holders of MBA degrees ranged from $73,510 to $171,583 in 2008, depending on the field, position and years of experience.
For example, a case competition was recently held at Wake Forest University, where technology giant IBM challenged MBA students from across the country to provide ideas for its Smarter Cities program, an initiative designed to revitalize developing markets like Dubai, Singapore, Shanghai, Prague, Rio De Janeiro and Mumbai.
The 2010 Marketing Summit included eight MBA student teams that had 36 hours to develop a marketing plan for a chance to win a first-place cash prize of $50,000. At the end of the three-day event, the award went to the team from Ohio State University.
Robin Young, the general manager of IBM Global Technology Services, said she was impressed by the knowledge and creativity of the participants. "There were jewels in every single presentation that we will be mining for a while," she said.
"Such talent easily aligns with IBM, which is always looking for the most-innovative ideas and is hungry for fresh approaches from academia," Young added.
Throughout the event, students also had the opportunity to network with corporate leaders, marketing professionals, higher education officials, alumni and peers.
PayScale.com, a research company, says that average salaries for holders of MBA degrees ranged from $73,510 to $171,583 in 2008, depending on the field, position and years of experience.
RSS
Email
