Master's in Business Administration

Top 5 Project Management Tools

August 30, 2016

Project management isn’t just a skill, it’s a profession. Individuals can forge strong careers by mastering advanced project management tools and staying abreast of the latest project management tools and techniques. Less than a quarter of organizations use project management software, according to a 2020 report from Wellingtone, relying instead on inefficient or outdated alternatives. As a result, 54% of project managers struggle to track key performance indicators. Especially for projects with wide scopes and big budgets, project managers must adapt to the latest tools to stay on track. Project management software has become essential and understanding the project management […]

How Technology is Changing Business Administration

August 30, 2016

Data analytics provides business leaders with the visibility they need to engage every facet of their organization. Once only available to enterprise-level organizations, modern analytics tools are scalable, user-friendly, and accessible to all who have the knowledge to leverage them. And this access is empowering businesses of all sizes to be more proactive than reactive in their planning and decision-making processes. As you work through your online MBA program, you can remain up to date with the technological advances that are changing how every industry operates. Cloud data analytics Hosted offerings are both scalable and easy to use, which can provide more economical options for businesses. As more companies offer their services in the cloud, it’s inevitable that they will move their data there as well, according […]

Why more MBAs are choosing healthcare careers

August 25, 2016

Far from the more traditional MBA careers in hedge funds or business development, healthcare management and administration are attracting business school graduates who are looking to take advantage of lucrative opportunities in e-health ventures, pharmaceutics, and the booming biomedical industry. According to BusinessBecause, the U.S. healthcare industry is estimated to be worth at least $3 trillion. Healthcare companies are struggling to find enough employees with MBA degrees to fill their needs. Top employers of MBAs According to BusinessBecause, “pharmaceutical and healthcare companies continue to be major employers of MBAs.” They “snapped up 18 percent more graduates world-wide…[and] a further 18 […]

How MBAs help in workforce management

August 25, 2016

Workforce management is the integrated set of processes that an organization will use to optimize the productivity of its employees on individual, department, and company-wide levels. In any organization, workforce management will mean matching employee skills with specific tasks, quantifying the amount and types of labor that are needed to complete the tasks on a daily or hourly basis. Issues such as understaffing, overstaffing, or a sub-optimal allocation of resources can significantly affect an organization’s profitability, reduce their productivity, frustrate employees, and potentially cause them to lose clients or customers. Workforce management practices According to TechTarget, a comprehensive workforce management program […]

Human Resources (HR) Metrics: How to Measure and Improve Organizations

August 25, 2016

Human resources (HR) teams oversee many of a company’s administrative functions and play a vital role in the success of the business’s plans and objectives. These teams recruit, train, and retain staff, measuring and evaluating them against metrics that align with the strategic goals of the organization. Because human capital is one of an organization’s largest expenses and contributors to its success, businesses also must evaluate human resources against their own set of metrics to ensure optimal effectiveness. To prepare aspiring organizational leaders for gauging the success of HR programs, Master of Business Administration (MBA) programs include a focus on […]