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Why Earning a MBA Degree From Anywhere Else May Be a Waste of 1000-3000 of Hours of Your Time?

In articles published in Business 2.0, National Post, the Chicago Sun-Times, and the Chronicle of Higher Education, Stanford Business School Professor Jeffrey Pfeffer stated that you may be just as successful in your career if you do a two or three week boot camp on business basics instead of a two-year MBA.

And we complement: Or a similar course through the Internet, as our Next-Generation MBA.

Professor Pfeffer analyzed 40 years of research on the economic value of a MBA degree. He ended that it does not guarantee a successful career or a higher salary. His research was published in the Fall 2002 issue of the Academy of Management Learning and Education. Stanford graduate student Christina Fong was his co-author.

Dr. Pfeffer is an expert in organizational behavior and has taught at elite American business schools for over 30 years.

He says: "Obviously, if you get admitted to Harvard or Stanford or another elite school, the very fact of your admission is going to increase your worth in the job market. Employers who hire brand-name MBA graduates do so because of the quality of the student body at the school, not whether the students have acquired specific skills or knowledge with their degrees."

He also said "Little of what is taught to students in business school prepares them for the corporate workplace. One problem is that much of the business school curriculum has remained unchanged since the 1960s."

And we complement: Our Next-Generation MBA are designed to teach the modern business technologies used in any modern company. Actually, only 2% of the MBA curriculum teach these modern business technologies.

"U.S. schools have also become slaves to magazine rankings, leading them to develop coddling devices such as professor-written lesson summaries to bolster their "student satisfaction" appraisals. When students are relieved of any sense of responsibility for their learning ... they learn much less."

"A recent report from the Association to Advance Collegiate Schools of Business, the primary accrediting body in North America lambasted its members for maintaining a curriculum that is out of touch with modern business practices. It said that preparation for the rapid pace of business cannot be obtained from textbooks and cases" said Professor Pfeffer.

From the begin, we designed the Abet MBA programs to overcome the difficulties inherent in MBA programs and business schools in the USA and elsewhere.

Why waste thousands of hours of your time on a standard MBA when you can spend more or less 100-150 hours - only approximately four hours/week, in your home - on an online very modern MBA through the Internet, as our Next-Generation MBAs?

The New Ways to do the Business and the New MBA

Very modern and imperative matters are covered in our Next-Generation MBA of Business Administration & e-Company. The old and standard Business Administration concepts included in any current MBA program are very important, but today the companies are very different.

This new situation strongly demands a MBA program including the General Control Theory, the control engineering, the new business technologies, the Management by Exception concept automated by computer systems, the Feedback Control System, etc.

Our Next-Generation MBA of Business Administration & e-Company cannot be compared with a traditional MBA Master. He also teaches the traditional basic principles of a MBA Master, but in a much more concentrated way. But if we refer about a more modern business administration, our course is better because he teaches matters like CIO, Virtualization, CRM, ERP, VOIP, SCM, Call Centers, TeleCommuter, Geo-Spatial, etc., that nows are the most demanded subjects by the companies.

Because of that, our Next-Generation MBA of Business Administration & e-Company is also used as a complementation for any traditional MBA Master, that usually does not include those contents.

This point is very important. Because we have a strong technologic background AND the today's different nature of the business, our MBA program covers the major business disciplines from an conceptual and information technology perspectives, and considers the business and technology issues facing today’s companies.

The business is more and more the technology, and vice-versa. The companies are more and more electronics, as for examples the ERP Enterprise Resources Planning, the CRM Customer Relationship Management, the Voice over IP VoIP, the sophisticated Call Centers, the SCM, the BPM and Workflow, the Business Automation, the Business Intelligence, the Internet Marketing & Sales, etc. 

Therefore, a modern Business Administrator must establish these new ways to do the business and how to manage these modern enterprises. Are  your IT or business management skills about to be expired?