Tag Archives: Business

HR’s Viability & Role in Business Strategy

Human Resources management in recent years has fought to be seen as a vital determinant of the business. In addition, executive leadership along with board of directors’ decision on what HR actually brings to the table in regard to strategic business planning and organization has begun to reconsider the concept of HR being a high-level paper pusher but due to recent changes in employment law, the necessity for HR is imperative now more than ever. Today’s workforce is no longer a collection of the traditional employee but that of diversity, innovation, uniqueness, advanced technology and the urge towards corporate/social responsibility. Businesses, as well as major corporations, must provide strategic goals, objectives, mission, vision, and values along with an effective change in how to permit the new role of HR management within the scope.

Perception of HR in Business

HR perception in the past has shone dimly of actuality on the role of the HR professional. Due to a myriad of reasons such as lack of vision, related education, business acumen, experience, specific policy, strategic focus, and effective HR senior leadership has caused HR to be viewed negatively as a waste of labor hours. What may account for this perception is the human resources role within organizations in the past by senior executive management, human resources were known (and still is) as a paper pusher of company rules and is only around for hiring, firing, and handling complex issues regarding employee relations. Senior management’s direction placed on those in human resources is also the reason for the perception, when employment is low then they ask, what function is human resources serving, but when the need for staffing is high, then the tune changes and the role of human resources within strategic business and objectives is necessary. Those in senior management need to know how they want human resources to be included in business and organizational strategic planning so that the role and area of expertise are understood, in addition, responsibilities to both employees and the organization are well defined. The beginning includes reexamining the vision and mission of the company while also discovering what aspect HR will contribute for the organizational accomplishments beyond recruitment, staffing, termination, and utilizing the myriad of talent that human resources possess.

HR professionals bringing a new perspective with a bold mission for the organization is a great place to begin in how the change in perception revitalizes the role of HR because, in today’s workforce, diversity and organizational culture are one of the many roles of HR. The workforce of today requires HR displaying its focus areas/disciplines and distributing how much they impact the organization, especially with massive attention on workplace diversity, is a complex issue that requires more concentration on the employees within the organization in addition to a workplace policy that embraces differences within the talent community. HR professionals are frontline communicators leading the organization’s standard of operations inappropriate employee behavior, and respect for others but also involves management fully understanding employment laws and ethical employment practices.

Ensuring a steady comprehension of the company’s business and organizational goals along with being increasingly knowledgeable of current employment laws and regulations that assist in governing the company along with necessary training of managers and supervisors. Providing flexibility with communication and also taking the time to get to know employees and their goals is another method of revitalizing the perception of HR.

In regard to the changes that HR has gone through, some companies still utilize the department as executive secretary liaisons between the employees and management; however, this perception has dampened HR due to those in the department not really understanding how to address employees during challenging employment issues.

HR’s Road to Recovery

Recent research by business writers and HR professionals have begun to explain the lack of purpose attitude for the HR department as well as how HR can implement certain changes to reclaim its seat at the management table strategically.

Peter Cappelli, Harvard Business Review author of ‘Why We Love to Hate HR… & What HR Can Do About It’ addresses what HR can do to demonstrate why they exist and their importance to a company such as their counter departments and to reduce the hate employees may feel against HR. Cappelli suggested the following to create a stronger and relevant HR:

  • “Set the agenda.
  • Focus on issues that matter in the here and now.
  • Acquire business knowledge.
  • Highlight financial benefits.
  • Walk away from time wasters” (Cappelli, 2015).

Susan Heathfield, author of ‘The 3 New Roles of the Human Resources Professional’ explains that now HR has positioned itself with additional roles within the business that are strategic in implementing necessary changes. Heathfield states that “Successful organizations are becoming more adaptive, resilient, quick to change direction and customer-centered” (Heathfield, 2017). Academic human resources management courses that encourage business students and future HR practitioners to become more business oriented and customer-oriented in servicing both internal and external customers assists in preparation for revitalizing the role of HR. By adopting this new persona of the HR professional, businesses that influence this type of organizational behavior start within the culture of the business while also maintaining senior leadership that manages how HR should be represented within the organization. HR as a strategic business partner is evident organizations such as Society of Human Resources Management (SHRM) providing resources and tools for HR professionals to go beyond their basic expertise and set up with learning skills that align with the organization. A strategic business partner impacts important business decisions that influence labor costs, marketing, financing in regard to organizational budget, and career-specific management programs. HR as the employee advocate is being revitalized to supply assistance to employees professional and personal concerns that impact job performance. Employee advocate within HR as a game changer permits employees to discover what the multitalented department can accomplish when connecting with employee issues that concern them while aligning HR focus areas to better serve the employee. Recovering the HR professional purpose is to “create a work environment in which people will choose to be motivated, contributing and happy” (Heathfield, 2017, para 7). The HR professional is there to incorporate organizational culture in addition to providing expert advice to management and employees regarding their business relationship with the organization. HR profession as a specific change innovator is quickly on the rise within the organization. HR reinventing the customer-oriented aspect while adding creative methods in initialing necessary changes in regard to mission, vision, organizational culture, employment practices, values, beliefs, and progressive programs to continue positive change reception from the overall organization.

The imminent requirement for a change in perception is connected to HR’s viability and role within the business.

The role of HR is imperative and continues beyond recruitment, staffing, and firing employees but the plan in which businesses want to utilize the vast knowledge within the HR role depend on senior executive management and key stakeholders as well as the strategic approach within the organization. Reexamination of HR within the organization impacts the business approach. HR now has the resources, tools, and strategic roadmap to be taken seriously within the business objectives by aligning human resources goals with that of the organization to rebirth a stronger and more business relevant department that supersedes the expectation and perception of their peers. The imminent requirement for a change in perception is connected to HR’s viability and role within the business.

Sources:

Heathfield, S. (August 2017). The Balance: The 3 New Roles of the Human Resources professional Retrieved on January 16, 2018, from https://www.thebalance.com/the-new-roles-of-the-human-resources-professional-1918352

Cappelli, P. (July-August 2015). Harvard Business Review: Why We love to Hate HR. What HR Can Do About It Retrieved on December 27, 2017, from https://hbr.org/2015/07/why-we-love-to-hate-hr-and-what-hr-can-do-about-it

13 Free Online Educational Resources for Business Owners

A small business owner wears many hats. Often, they are responsible for finding business, customer service, sales, advertising, and bookkeeping. This is in addition to the duties surrounding the actual service or product the business provides.

There are many resources available on the internet to help you wear your many hats with more confidence. Here are some of the most useful courses, websites, and other resources you can access now.

1. The University of the People

The University of the People is an online, fully accredited university, based in the United States. They offer tuition-free associate and bachelor degrees in Business Administration, Computer Science, and Health Science.

2. Coursera

One of the greatest bastions of self-directed education, Coursera offers instruction in on a variety of topics. Learn how to market yourself, and improve your personal brand. Take a class on bookkeeping or accounting. Or, sharpen and expand your marketable skills.

3. Open Culture

Open Culture bills itself as a repository of free cultural and educational resources found on the internet. Their list of videos, courses, and audio files, related to many different aspects of business management, will keep you busy for days.

4. Small Business Administration

The Small Business Administration should be the first stop for every self-employed entrepreneur. Their website offers free courses, downloads, and videos to help you on every step of your path. Learn how to write a business plan, find funding, do market research, and so much more. The SBA also offers a mentoring program for new small business owners.

5. Free Management Library

If you want the knowledge that comes with participating in an MBA level business program, but don’t want the expense, the Free Nonprofit Micro-eMBA is for you. You get access to all the lectures, readings, and assignments that you would in a full university course. But you get to do the work at your own pace, and all for free.

6. iTunesU

The iTunes app gives you access to hours of podcasts. Many prestigious universities and schools have partnered with Apple to bring you audio and visual files straight from the halls of Ivy League business schools. Enjoy top notch instruction from schools like Stanford, Harvard, and UC Berkeley.

7. Udacity

Udacity is one of the newer faces in online self-directed education. Their courses concentrate on web and computer technologies. Take one of their free courses, or invest in one of their paid offerings. If your business is web or computer based, their offerings can help you find new services and products to help grow your business.

8. MIT OpenCourseWare

Best known as the gathering place for academic elite to explore engineering, science, and other futuristic technologies, MIT offers many past lecture courses for your personal development. They offer courses that cover many topics, including classes in business and entrepreneurship.

9. edX

Another new website catering to the self-educated crowd, edX offers a variety of courses that a small business owner or entrepreneur will find indispensable. They also offer certifications that prove you put in the work. Their MicroMasters program will have you feeling like an expert in no time.

10. Code Academy

Computer technology is the future. If you find your computer programming skills are holding you back, look at the courses offered by Code Academy. Their short, interactive tutorials and lessons will get you up to speed with what you need to know to tackle lucrative online markets with confidence.

11. HubSpot Academy

This one is for all you keyboard warriors! If you are attempting to carve a slice of the internet marketing pie for yourself, this is the site for you. You can work towards a certification in inbound marketing, email marketing, inbound sales, content marketing, and many other offerings. Most courses are free.

12. TED Talks

Make this your one-stop source for information, entertainment, and inspiration. TED talks cover the whole fabric of life, from personal stories to motivate to advant garde and unusual instructions and solutions.

13. ALISON Diploma in Social Media Marketing

If you want a quick yet thorough guide to effective social media marketing, the diploma in Social Media Marketing might be what you need. This free course will take you from social media newbie to media marketing master in under 20 hours.

Being a business owner is hard. But these free online business education resources can make it easier!

FAQADA Marketing Review – Can You Really Grow Your Business Through Lead Generation?

There are three success marketing tips that can help you become successful with online marketing:

1) Use value based marketing by providing great and useful information to your target or chosen niche market that will help them solve their needs or problems.

2) Use attraction marketing to promote you and your business by identifying your target market and knowing what their needs are and focusing on how you can genuinely help your followers. Brand yourself accordingly so people will get to know you as a person of value, integrity and help others to have success online to change their lives for the better.

3) Education and training is the basis or foundation of a successful internet marketing career or business. As there is a university of life, so is there a university for internet or online marketing. You need to continually educate yourself and increase your knowledge and skills about internet marketing so you can establish yourself as a true leader by implementing and teaching what you learn. This is the reason that accounts for the minority of people that achieve success online. You need to have a entrepreneurial or business owner’s mindset to succeed online.

It is vital that business education to foster their success online. The main focus of this article is to help struggling Internet marketers or people who wish to start their business online by providing an honest review about FAQADA Marketing as an educational company for Internet marketers and business owners.

There is a current movement with a genuine and noble intention to help struggling Internet marketers online succeed through a vehicle and a tool that everyone in the industry needs to succeed online. Internet marketing education and training is the foundation to succeeding online.

Around 90% of Newbie marketers fail online, the reason being is not because they do not have the drive and passion for succeeding online, they just do not know how to, they do not know where to start, they do not know how to build their online presence on social media and they do not know how to network. In other words, because they do not possess the knowledge and skills required yet to be successful online. Knowledge is power as well as developing the required mindset and skill sets for success.

If you are either trying to make an income online or trying to find ways to improve the results that you are currently getting right now based on what you know or the skills you currently possess on internet marketing. The great news is there is an Internet marketing educational and training platform available to you, where aspiring Internet marketers are for the first time in their lives seeing results and achieving success online and It is FAQADA Marketing.

FAQADA internet Marketing education company teaches cutting edge A-Z Step-By-Step methods that are result driven and proven and used and implemented by the leaders in our group. This educational platform teaches people how to market and brand themselves online effectively and how to grow their primary businesses without costing business owners thousands of dollars on advertising and courses.

There are over 2 billion people online. In America alone there are 18 million small-based businesses that are looking to market online. There are millions of people involved in network marketing and multi-level marketing.

FAQADA’S Product is exactly what internet marketers need as it offers the education, training and skills required to help people make a full-time income online and succeed. It is centred around value based and attraction marketing strategies. The monthly membership fee is very minimal. However, the value that you receive in terms of education, knowledge and training is worth thousands of dollars if you were to acquire these from another as most companies offer these as high-ticket training courses. It also offers Five-Day Live Weekly Trainings through their membership site Monday to Friday. This is awesome and not common with many of these other training programs. In addition to this FAQADA provides personal support, mentoring, guidance from all the team members and all the leaders in its group.

Please feel free to check this company’s Facebook business page, company testimonials page and social proof to see what people are saying. You will find that most of its members learn more with one of its training sessions than they have learned with courses that they have done elsewhere.

FAQADA also has an optional affiliate program which allows you to make a monthly residual income per new member that you introduce to the company. It is a very simple compensation plan and the success is taking place in many countries around the world.

This education and training company is truly value based and can be applied to any business that anybody is building. So if you are already involved in a primary business, this will compliment as well as enhance the results you are getting right now from your primary business to help you achieve maximum results.

This education and training system is all about taking your business to the next level and its focus is on teaching you the necessary strategies to grow and enhance your business.

Major Benefits of Investing in an Education Franchise Business

Education is a growing sector in India and offers potential business opportunities for those who wish to enter the business world. India has the world’s largest youth population which wants to receive quality education with world class training systems. This allows new educational concept to enter the Indian market and become popular through franchising. Just see how KidsZee, Arihant Institute, British Academy For English School, NIIT are doing good business in the education sector and there branches can seen in different parts of the country. This has been possible only due to the concept of franchising.

Starting an education & training franchises business has become quite common nowadays as here the success rate is very high. There are many advantages of starting an education franchise business in India, such as:

High Success Rate: The best thing about investing in an education franchise is that you would be working on an already established business format that has a brand value in the market. This way investors and entrepreneurs don’t have to struggle much to market their product to attract customers. As people are aware of the education firm and know about the brand, they won’t be hesitating to buy your services. Moreover, it has been found that opening an education franchise business have at least 70% chances of surviving.

Full Support from the Franchisor: Whenever you plan to invest in an education franchise concept, remember that full support will be offered by the franchisor. As a franchisee, an investor will get all the equipments, training materials, instruction manuals, supplies and all the required assistance from the franchisor. This will surely help in starting a business in the education sector.

Marketing Benefits: Along with this, education franchise owners get benefitted from the different types of marketing campaigns started by the parent company or the franchisor. At times, franchisors also offer training to their franchises to help them manage their new business effectively and develop effective marketing strategies. Remember that the franchisors have adequate knowledge on how to operate and manage business successfully and are ready to help investors and entrepreneurs who are willing to take the franchise of their business.

Easy To Target Customers: The biggest advantage of any education and training franchises that a franchisee doesn’t have to make many efforts to attract customers. The brand is already well name in the market with a good reputation. For instance a popular education franchise is KidsZee where 250 business partners join them in a year. The reason behind this is that this child education franchise has a brand name and is well renowned for imparting high quality education to small kids.

Financial assistance: It is comparatively much easier to obtain loan in order start a franchisee business. Quite often franchisors finance new franchise owners either directly or by arranging loan through lending institutions.

All these benefits make an education franchise business a great option for anyone interested in starting their own business. Opening an education franchise ensures great chances of success at a minimum of risk.

4 Reasons To Earn A Business Degree

Acquiring a college education has become a standard requirement for many types of employment. Business degrees are one of the most versatile programs available. Students have the option to receive a broad education that covers everything from economics to statistical analysis. Some choose to take a more focused approach and become an expert in a specific field, such as accounting or marketing. These degrees are an investment in the future that can help any candidate to stand out from other applicants when searching for employment. There are four main reasons why an increasing number of students are pursuing this type of degree.

Demand

Business degrees teach the skills that are necessary to manage and run a company. These skills are always in demand, regardless of the actual position within a company. Graduates often receive more responsibility from employers because the degree indicates an increased capacity to handle complex situations. The general knowledge and skills taught in school make graduates a valuable asset in any position.

Career Advancement

Businesses that are looking for people to fill higher-level positions are looking for several specific qualities. These include leadership, initiative and reliability. Accredited business schools instill these qualities in every student. Companies that need managers, administrators or team leaders often require a degree as proof of ability. Individuals who do not hold a college degree often become ineligible for promotions beyond a certain point. Some businesses even rely on the education level of employees in order to determine job grades that affect salaries for different positions.

Future Specialization

Even business degrees focused on a specific area, such as accounting or marketing, are valuable because they provide a platform for future specialization. Future educational needs frequently become quite clear after leaving college and working within an industry for a few years. Any graduate has the option to return to school later in order to pursue a master of business administration (MBA) or another postgraduate degree to advance a career. A good undergraduate education in this field is even applicable to many other types of postgraduate programs, so an individual can steer their career in the right direction as employment requirements change.

Entrepreneurial Opportunities

Starting a new business is something that many people try. New companies may fail because of unexpected hurdles. Individuals who hold business degrees are uniquely qualified to start and run a company as an entrepreneur. College classes provide all of the knowledge needed about financing, accounting, budgeting and investment to avoid the mistakes that cause others to fail.

The Importance Of Business Administration Education

In today’s world it is essential to be educated and highly qualified. There are so many qualified people and only so many jobs. So unless you have enough of degrees, it is not easy to land yourself a good job. There are many universities and colleges offering excellent courses. Some of the courses are full time and others part time. There are also colleges which offer courses online. This works very well for people who are already working or for some reason are not able to attend college or university regularly. Some of these online colleges offer courses in many subjects but some specialize in certain streams only. Business Administration Bachelor’s Degree is one of the popular courses offered as an online degree.

Courses Offered

The different online courses offered for Business Administration Bachelor’s Degrees can vary from one year honors courses or a two year course. Choosing to enrol in one these courses would mean that you would have to attend college once a week. Certain days are offered and you choose the one that would work best. Classes are held on weekends too; hence you do not have to take off from work. The staff is normally very good and you could receive online support from the many teachers available online. The normal method of evaluation is a continuous assessment, which means no final semester exams are held.

How Can A Degree Help?

It is possible to get a job soon after passing out of school, but they would most probably be low paid jobs with not much of a future. But if you are ambitious and would like to climb the career ladder then you should arm yourself with some good degrees. It would also mean more highly paid jobs. It also helps you when you have a family. Parents with a degree will be able to be more involved with the education of their children. They would be able to help them with their school work or projects. Children are thus motivated. Finally it is easier to get a job if you have a Business Administration Bachelor’s Degree in your list of qualifications on your resume.

Other Courses Offered

There are other courses too offered by these online colleges. MBA programmed that last a year, a bachelor’s degree in computer science and in information technology. These courses are so designed that it will easily accommodate the already demanding schedule of the student, since many of them are working. They give the student the choice to choose between evening classes or weekend classes, and hence they do not have to miss work. All these points work in favor of the student and thus many working people are trying to get themselves more qualified by enrolling in the various courses like the Business Administration Bachelor’s Degree which is also being offered.

Making Your Home Business and Education Experience

As a staff writer at ‘Home Based Business’ we regularly answer questions submitted by our members, one great topic is using personal experience to make money.

Education is in high demand these days. High schools are teaching more difficult subjects, colleges have become more intense in their material, and graduate schools are strict on whom they accept into their programs. Institutions are looking for the best of the best, and with education the key to getting ahead in the world and being happy and successful, parents all over are striving to give their kids every edge possible.

Before you start buying supplies and advertising your services as a tutor, be sure to check up on all rules and regulations your state may have regarding tutor entrepreneurs. There may also be local and regional regulations you will have to follow. As with any business, research, research, research, before you make any solid decisions. You never want to start your business and realize you may have missed out on something.

After you have all the information, you can get started. Much of what you first decide upon will concern your monetary assets; where to allocate them, how much to use, etc. Here are a few tips when it comes to organizing your new tutoring business.

*Map out policies. Determine your prices and make a clear, concise outline of how much you will ask for and how long your tutoring periods are. Also, create certain times you will allow students to have make-up sessions in the case that someone misses a tutoring session. Both parents and students need to be aware of your policies so there is less of a chance of any confusion should times or payment not be met. A good idea is to get your payment before the week (or the tutoring period you decide on) starts. This will help lessen absences and cause less frustration to you when people do suddenly cancel.

*Go local first. See if your community has any specific regulations you should follow when it comes to tutoring. Different communities may be looking for different things or look at tutoring in a certain light. You can also provide your tutoring service directly to schools, but make sure you know what they expect from you, as well as what the parents expect.

*Bring your services right to parents. Pick out good places to advertise your services and start doing so. Many libraries have boards where you can post fliers or advertise in other local publications you are sure parents will look at. You can also network with schools. If you are working with the school, they can refer you to parents seeking tutoring for their children, or if you are your own separate business, you can ask that they pass information along concerning your services.

*Put a hold on teaching material. The best idea is to wait until after your first few tutoring sessions (as well as payments) before you go out and splurge on tutoring material. Each student will be learning something different, depending upon your choice of age range and subject range, and buying up a lot of supplies can become very expensive very quickly. Initially your computer will be your best tool. With internet access you can find free teaching materials or if you need, lesson plans. You may even be able to find material at your library. There are also cheap materials you can buy online if you need, so hold off on bigger items until you are sure you will need them, such as textbooks, workbooks, and other large purchases.

*Watch your cash flow. If you have teamed up with a school or two and have settled in on getting paid through their payroll instead of directly through parents, be sure you can manage your money effectively. There are some schools that have a 90-day pay delay, so if you are expecting your paycheck soon, you may be in for a longer wait than you thought. Be sure to have enough cash on hand until your next check.

Building a tutoring business can be difficult, but it can also be rewarding. Knowing you are helping children succeed in school and feeling more comfortable about subjects they were previously struggling in can be gratifying. If you want to open a business that helps children and provides you with a sense of accomplishment as well, then a tutoring business may be a worthwhile venture.

Distance Learning (Online Education) MBA and Business Degrees

Obtaining an MBA or masters in business administration degree is a ticket to a lucrative and satisfying career. Currently 300,000 students are studying for this degree that opens doors to top positions in the business world. An online MBA degree can increase the student’s business knowledge, leadership skills and networking contacts. With an MBA degree, a student can enter into employment in marketing, finance, health management, the government, or entrepreneurship.

The costs of an MBA degree can be as high as $100,000. An online degree program can be a more affordable way to obtain this degree. Costs of an online degree average $5,000 a year. (Of course, like everything, you can find a more expensive school). Without the costs of travel or housing the cost of an online degree is more affordable.

Many accredited colleges and universities offer excellent online MBA programs. A person with a master’s degree averages an income of 1.98 times that of a high school graduate, and this gap increases with masters in business administration. People with this degree hold some of the highest paid jobs in America and the world.

Online degrees are becoming more the norm. In 2006 there were 3.5 million students utilizing online education programs according to the Sloan Consortium. The typical online student is an adult learner who is either employed or a stay at home mom. The flexibility on an online degree makes this type of program desirable. In the future there will probably be more young traditional students who choose this route because of exposure to this learning media in their high school careers.

Online college degree education program websites are sources of information on schools, curriculum, tuition costs, available resources, tuition assistance and the technology needed to start an online MBA program.

Real Estate Education Enhances Transparency, Professionalism and Business Volume

Property broking profession lacks credibility and is always looked at with suspicion. However, the credibility of this profession can be enhanced through real estate education. A thoroughly planned system of property education can not only improve the credibility of property professionals by inculcating numerous changes in the profession but also enhance the business volume of educated and certified professionals. Suitably planned courses can teach property professionals the better, profitable and convenient way of doing real estate business. Few of the key changes that education system can bring into property market are as follows:

Transparency in transaction and business professionalism: Knowledge enhances transparency and professionalism and this is true for real estate market also. Today, several property brokers are active in the market without any structured knowledge of property sales and transaction process and therefore they are forced to provide wrong and partial information to their clients. They are not able to close the deal properly, mostly at the cost of prospective home buyers, because they have not studied how property ownership is verified, acquired, transferred and leased. In the Indian property market, there is a sub set of property advisors, who want to upgrade their knowledge and skill but are unable to do so in the absence of a system of real estate education in which they can study as well as run their business.

In this scenario, a proper system of property education and training, consisting of a network of real estate institutes offering full time, part time, evening, week end, distance and online real estate courses, could have improved the subject knowledge of professionals and in turn would have improved transparency in property transactions and professionalism in the business, especially property consulting business. A point to be mentioned here is the initiative of EduMark realty education services which offers courses for those looking for real estate jobs as well as for existing property professionals looking for professional development. EduMark is the first and only institute in India that offers full time, part time, week end, evening, distance and online courses.

Customer Service Efficiency: A knowledgeable and informed property advisor can serve his clients effectively and efficiently which in turn increases his demands in the market. Such demands increase his overall volume of business because one satisfied customer can create ten new customers. However, structured knowledge and information come only through a properly established process of education.

Subject knowledge and business volume: It is an established fact that buyers tend to prefer a knowledgeable advisor (knowledge displayed through his educational qualification) more than that of an advisor who is not well informed and knowledgeable. However, in the absence of property education system, courses and institutes, property brokers can’t display their knowledge because they can’t acquire any suitable real estate qualification and therefore potential home buyers can’t identify the best suited advisor.

Business ethics and business volume: By offering fraudulent advice, one can derive benefits in short term but it is a net loss in long term. This is very true for property brokers also. This is because, as mentioned above, one satisfied customer can create ten new customers but one dis-satisfied customer can dissuade hundreds of potential clients, so the losses are many folds. However, this fact can be explained to these property consultants only if they are inclined towards learning and there is sufficient opportunity for such learning.

Real estate jobs and cost of recruitment and training: One of the most important impacts of education in this business is on property jobs; While real estate courses offer a platform to potential candidates to start their career in real estate by taking up suitable property related jobs, it reduces the cost that employers make on the training of new employees. Those candidates who have done a property related course are already trained and ready for real estate jobs and therefore employers do not need to arrange fresh training of the such employees, which saves time and money both.

Overall, a proper devised system of education for Indian property market can enhance not only the transparency in transaction and business professionalism but also the business volume of the market players. Another advantage is the reduction in training and employee orientation cost.

History Of Business Administration Education

Business administration school is a university-level institution that educates learners on such topics as accounting, finance, marketing, organizational behavior, strategy planning, and quantitative methods. Most business administration schools have experienced well-qualified faculties, and efficient managements. In 1881, the first ‘collegiate business school’ was founded in Wharton.

Business Schools before World War II were mostly “schools of commerce” and were conducted in relatively low esteem. After the Second World War and especially after 1960, Business Administration Schools began to grow rapidly. They are often known as university graduate schools. MBA degrees originally occurred in the United States of America, due to the fast industrialization growth that made it essential for companies to use scientific approaches to teach management. The first MBA degree was offered by Dartmouth College in 1900. Business schools have mushroomed and flourished in all states and countries thus, making them feasible for individuals who work during the day to take classes and earn degrees at night.

Since 1988, business schools have changed deans, altered curriculums, and stressed new expertise among their students. A MBA degree has opened abundant opportunities for its bearers. Presently, nearly all business positions require an MBA degree as the minimum qualification. This includes business managers in marketing, finance, human resources, operations, and information technology. Investment entities, banking companies and a number of management consulting firms prefer employing MBA graduates specializing in the field of finance. These graduates are well conversant in their respective fields. For industries such as media and entertainment, an MBA is not a necessity, but it is considered an additional asset.

There are wide ranges of options among the different academic institutions that offer business courses. Various sites are available wherein detailed information about all the specialization fields are mentioned along with their course details. These sites also offer information regarding the universities that are well qualified and offer competent MBA programs.