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Monday, March 8, 2010

Selecting an Online MBA Degree Program

No matter what job you go for, the job industry wants you to have more and more education under your belt. While many would love to go back to school to advance their education, many are hesitant about an online MBA degree program. There are at least five reasons we think that you could benefit from this. As stated above, if you don't have the higher degree, they aren't ready to hire you.
For that reason, many will pay for your education. They want you to get your degree quickly and with the hectic lifestyle, an online MBA degree program might be beneficial due to busy schedules. The quicker you can get your degree, the more the company might pay if they do pay for your education.
Reason number three that we say you should check out the online degree is because not everyone has time for on campus classes. Schools don't take too much into consideration your schedule. Now, you can work around your schedule. You do the homework in your time.
With this, it's a lot easier to keep the job you have which is one great reason that many people choose an online MBA degree program. They have a job that won't let them take all that much time off and this allows you to keep that job.
The number one reason though that people give us for choosing this type of degree is because the tuition cost is usually less. You aren't paying for the fees of the school.

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Getting an MBA Degree Through Distance Learning

The concept of distance learning has been around for ages in the history of mankind. However, in recent times as we move in the information age, it has become the more accepted norm in society. Making the best use of various means and tools like the internet and audio-video conferencing, has helped students correspond with tutors or teachers more effectively. Definitely with numerous tools available for individuals, distance learning programs have gained immense popularity in the past few years. The growth in the ratio of MBAs awarded in recent years is definitely one of the few examples that show the impact of the increase in online learning programs.
Today there are number of institutes offering multiple online education courses through different universities. Among all these distance learning courses, the MBA is the most popular and in coming years expected to gain more recognition. This learning course degree has managed to grab the highest number students as compared to other courses. For those who still think the MBA through distance learning is mediocre to a regular MBA course, then they must change their perception.
If you are one of those who are looking for higher career achievement can now select to boost your career by opting for online MBA program. These days most of the distance learning MBA courses is available online and so as an individual you have no reason to delay pursuing your MBA just because you are busy with your work. Besides this, talking about the major benefit of distance learning MBA degree course is - you do not require completing your course in a water-tight study schedule. You can apply for am MBA degree by following either of the two approaches-one can be by applying for a part time distance learning course and the other by applying full time learning course. While in the previous one you require to attend weekend classes but in latter one there are no such requirements. However, when you are planning to choose your MBA program, it is important that you select an MBA program from an accredited university or institute/school with a good track evidence and reputation. This small step and alertness can help you in avoiding any trap by degree mills or degree scams who want to defraud your money without giving you the degree that actually have any significance. Besides this, you must select the school that offers you a tuition rate you can afford, fit your style of learning best and give you the most flexible scheduling options.
Today MBA online degree have become increasingly popular and very acceptable to many employers. In fact many companies have started providing support in term of scholarships for their potential employees in order to enhance their management skills through online learning MBA program. The career opportunities open to MBA graduates are very genuine and should be taken into serious thought as you make decision regarding your future.

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Affordable Online Degree Programs

The economic downturn has led many parents nationwide to realize their careers are not recession-proof. As a result, many families are forced to adjust their lifestyles by obtaining secondary incomes, reorganizing their budgets or making mid-life career changes.
The recession has led many parents to "go back to school to learn more methods for dealing with the bad economy," Chandra Muller, a sociology professor at the University of Texas at Austin, told the Daily Texan. However, Muller added, rising tuition at traditional universities has many students - particularly continuing students who have family responsibilities - seeking more convenient alternatives, such as those offered by online universities.
The cost of a four-year degree program at a public institution has risen 6.5 percent over the past year, according to the College Board. Consequently, parents who are already paying or preparing to pay for their children's higher education need to find less expensive options to fund their own educational pursuits.
Kenneth Pegues, for example, chose to pursue an associates degree in occupational safety online at Odessa College in Odessa, Texas after an accident left him unable to continue working at his restaurant job.
Although Pegues's family is currently struggling to keep him in school and stay afloat financially, he hopes his pursuit of his first degree will "set a precedent for his family" and inspire his children to go to college, he told the Odessa American.
Many parents seeking an advanced degree are also choosing to gain their education through online programs, including Nevonna Davis, who works in the accounting department at the Veterans Administration in Miami.
A single mother of a four year-old boy, Davis "decided to enroll in Kaplan University online classes" in order to "have more time with her son," she told CBS4.
Single parents such as Davis who are seeking convenient and relatively inexpensive options to continue their education, such as online degree programs, may benefit from financial aid opportunities. For example, Denny's Single Parent Student Scholarship provides $1,500 awards to mothers and fathers who are the sole providers for their children wishing to obtain college degrees.

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Pursuing an MBA Business Degree Economics

The recent downturn in the economy has many people playing armchair quarterback over decisions made by the Federal Reserve during the last few years. These guys are supposed to be geniuses when it comes to economics, right? It doesn't take a rocket scientist to recognize that there may have been errors in judgment regarding interest rates and home financing. Don't even think about being considered for such a high ranking position until you have an MBA Business Economics Degree.
An MBA Business Economics Degree goes beyond basic economics. The person in charge of making decisions regarding one of the strongest economies in the world will be required to have knowledge and expertise in the following areas: monetary policy, advanced economic theories like macro and micro economics, international markets and foreign trading, an understanding of leading economic indicators, - just to name a few. This person would need to be able to analyze economic issues quickly and accurately, as well as be able to assess and consider alternative economic policies to help achieve stability in a tumultuous economy.
Still want to pursue your dream of chairing the Federal Reserve? Then you definitely want to start looking at schools that have serious MBA Business Economics programs. There are several institutions of higher learning that offer such a degree program. In addition to accounting and finance coursework, they should offer courses that cover trade and finance theory, past and current trade issues, international economic organizations and their agreements and impacts on the world economy, econometrics and statistics.
The program should also offer hands-on experiences which will allow you to experience real world obstacles and challenges in the world of business and finance. It should provide opportunities for you to work with companies that will teach about corporate mergers and acquisitions, supply chain management and product development. By the time you are finished obtaining your degree, you will have knowledge and expertise in all of these areas, along with managerial skills and a firm knowledge and understanding of business ethics and economic practices and theory.
If you decide you want to focus on a particular area of economics, look for MBA programs that offer areas of specialized interest, such as the study of poverty economics, which deals with the effect that poverty has on overall economic stability or economic crime investigation and management, which prepares graduates to deal with economic fraud and corporate crime. These types of specialized programs make an MBA graduate highly marketable.
If the Federal Reserve is not high on your priority list once you have finished obtaining the MBA business economics degree, start looking in areas such as economics research in both the government and private sectors. Most advanced degree holders will find themselves in high demand for upper management positions in both the government and private sectors, as well as with non-profit organizations. A person may also decide to pursue an academic career by becoming an Economics Professor at a university.
MBA Business economics graduates are ahead of the curve in terms of earning potential too, with starting salaries around 75,000 per year, depending on the area of study.
When all is said and done, obtaining an advanced degree can definitely help your career, especially if you really do aspire to helping set economic policy on a federal or global level. An MBA Business Economics degree will set you on the right path by giving you knowledge and expertise regarding economic practices, theories and issues that can have a great impact on a corporation's bottom line. Maybe your expertise will eventually put you in line for Bernanke's seat as Chairman of the Federal Reserve. After all, knowledge is power.

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Indicators of an Economic Recession

Questions that arise between economists regarding recessions often involve current politics and media performance, but are often more general - what policy implications do recessions have? are there other economic problems associated with recessions? is there a difference between a recession and a depression; if so, where do we draw the line? what global trends can be seen to cause, and perhaps even prevent, recessions - and most importantly: how do we predict recessions and prevent serious economic harm to families and businesses during a recession.
Generally, a recession is defined, in the field of formal, neoclassical microeconomics to be a reduction, in terms of GDP, of a countries production for two or more clearly defined periods (generally, quarters). In the United States, however, the private group of economists organized under the "National Bureau of Economic Research" officially defines when a recession starts and finishes.
Many, particularly those with degrees or research experience in the field of finance - that is, financial analysts, advisors, researchers and those closely involved with the stock market - suggest that recessions can be entirely predicted by the performance of the stock market. This is often strongly correlated with those who believe in the Efficient Market Theory - the economic theory that all prices in a market should be absolutely perfectly "right," because if they're not, a sufficient number of rational agents will bid their prices up until they are. In this case, analysts say that recessions are predicted by falls in general stock market performance (as, investors predict that future profits will be lower than the once predicted, and that prediction is the factored in to the price). Often, they suggest watching market indexes such as the Dow Jones Industrial Average, or Standard and Poor's 500 index.
This indicator correlates strongly, however, a dozen or so of the largest falls in the stock market over the last 50 years have shown absolutely nothing that appears to be a recession shortly after; certainly nothing formally declared contractionary. Furthermore, economic research in to the subject overwhelmingly concludes that stock market collapses occur well after the recession has already begun in many (if not most) cases - clearly an indicator that predicts something which already happened, isn't much of a useful indicator at all.
Participants in the previously mentioned Efficient Market Theory are likely to be strongly supportive of the Inverted Yield Curve theory as well. When an analyst researches a set of bonds or term investments (such as term deposits, T-bills, etc.), a number of different rates, for different time periods is reported - for example, at our current dismal rates, 1 year Canadian GICs are paying approximately 1.15 per cent interest, while 5 year GICs rank in at 2.2 per cent. According to inverted yield curve theory, if the yield curve - that is, the interest rates plotted against the length of the investment - becomes negative, (longer bonds pay less interest than shorter bonds, holding all other factors constant) then a recession is ahead. The theory here, is that people are less likely to want money during a recession, as fiscal supply shrinks, and consumers are more risk averse avoiding borrowing more money. Again, this suggests that the market itself is clearly aware of when a recession is forthcoming.

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