Today's world is changing. On the one hand, many employees change jobs every five years; some even change careers. Given this migratory labor force, many companies have let the education sector, especially MBA programs, take over what was originally a company-specific training and development program. On the other hand, this variability is not limited to employees. In today's environment of mergers and acquisitions, many companies are constantly reinventing and reorganizing themselves. Loyalty and longevity are values of a bygone era. Unfortunately,
technological development, driven by the ever-growing Internet, has brought about a revolutionary change in the fields of business and education. The true impact of the Internet is not yet fully understood, but it is clear that it is changing our world. As a manager, it is not uncommon to be asked to manage in areas that did not even exist when you were in school (e.g., the Internet). So, if you want to be an effective manager in this changing world, an
This is an important question. For some US firms, where you brother cell phone list from is just as important as what degree you get. Sometimes, even more so. Having done my undergraduate studies at Yale taught me this, and the October 2 issue of BusinessWeek: "The Best B Schools" reinforced the reality that where you study still matters. Schools like Yale, Harvard, Massachusetts Institute of Technology (MIT), Stanford, Wharton and Northwestern have great brand names. If you get an MBA from such schools, you'll have plenty of opportunities to choose from. However, if you dig deeper, you will discover that while Harvard and Stanford have big brand names and equally good MBA programs, Yale also has a big brand name, but its MBA equivalent degree (Masters in Public and Private Management or MPPM) is not as prestigious as Harvard or Stanford's MBA. Still, since Yale has such a great brand name, it doesn't matter that the degree is not as valuable. As a graduate of Yale, no matter what degree you pursue, you still have great opportunities. However, the story goes further than that.
From my conversations with Yale Management School officials and my own observations, I learned that over the past few years, many Yale students began to feel that no one really understood what MPPM was. So, last year, students were allowed to label their MPPM degrees as MPPM or MBA. As of fall 2000, MPPM is now officially an MBA. Yale did not make any major changes to the content of the course. It just changed the name. This shows that students can sometimes make a big difference in American universities,