Bulacan State University

City of Malolos Bulacan

Master of Business Administration

Case Study No. 1

A Leveling of the Playing Field: An MBA Degree
By Dr. Ricardo Chiapco, Santos

Prepared By:
Mary Jane Hernandez, Santos
Master of Business Administration, Student

ABSTRACT:

Business Organizations need to solve problems every now and then, they need to be defined very clearly what they whom do
they affect, what are the problems, where is it taking place and why is it happening.
Thats why decision makers with an MBA degree is extremely significant and in demand in every organization.
Why MBA?
Earning your Master of Business Administration is especially important in challenging economic times. MBA not only gives you
an advantage in the global marketplace, but it also leads you to be adaptable in an economy where career switching and
constant change are the norm, not the exception.
Definition of MBA
MBA or Masters of Business Administration is a post graduate degree in the field of business communication.
The course includes a wider academic discipline. MBA program is designed for the students to be able to introduce them in
many areas of commerce. Basically, the areas that are talked about here are accounting, finance, human resource, marketing
and operations management.
Requirements:
To be shortlisted, one needs to comply with application requirements such as having a 2 years work experience and filling out
the complete application forms supported by recommendation letters and passing the Graduate Management Admission Test
(GMAT) .During the interviews, those who exhibit positive qualities such as integrity, responsibility, commitment and
cooperativeness usually seal the deal. In short, the process in applying for an MBA degree is very similar to applying for a job;
Hence, physical presentation is important to pass with flying colors.
Benefits of MBA:

An MBA degree empowers you in making business decisions. MBA program train students in the latest business trends
and strategies. These strategies give the students the competitive edge in facing today economic challenges.

You could advance in your career. If your career path is less than perfect fit for your aptitudes and interest, one of the
benefits on taking MBA is that it allows you the flexibility to explore your options and provides you with the training you
need to change careers. If youre satisfied with your current line of business, a Master of Business Administration
degree can prepare you to move into a managerial position within your field.

Youll earn more. The Graduate Management Council (GMAC) reported in their 2013 Alumni Perspectives Survey that
the median annual salary for MBA degree holder is higher than 50% than MBA non degree holder. Financial investment
in an MBA degree program can have 100% return in 4years.

You can use your education to start your own business. If you are invested in starting your own business, but not sure if
you have the necessary expertise to launch a start-up in a high growth industry, an MBA can prepare you to do
everything from writing a business plan to acquiring venture capital to launch an IPO. Research has shown that the
failure rate for small businesses started by MBA is about 50% percent less than the standard failure rate.

You could gain networking resources, Networking is another key benefit. Because school teaching styles encourage
teamwork, and over the course of an MBA program, youll develop important relationships that can serve you well
throughout your business career.

Youll enjoy greater job security. MBA graduates are desirable in any job market; An MBA will give you the opportunities
you need to advance in the business world.
Which School to Enroll? Government Colleges or Private Colleges?

And the debate rages on.

Consensus seems to indicate a top school does matter. The social and business networks you gain from these top schools are
easily worth the tuition. An alumnus is a strange, mystical thing, especially at top ten schools where the sense of belonging to
an elite group is strong. But, talking about Success, Success depends on the person not the school not the program per se; it
only help you to sharpen your skills and talents to think critically when confronted by problems.

Bottom Line:
An MBA is worth it if you can gain out of it. It is not an automatic passport to success; it wont bring you instant fame and
fortune. For that, youre going to have use the grey matter between your ears, Youll just have some MBA leverage to help you
along.

STATEMENT OF THE PROBLEM:

Problem No. 1:

Why MBA? Why not Masters of Science or Master of Management or other post graduate degree?

Problem No. 2:

Due to case to case problems that caused bankruptcy of big financial institutions that are majority
handling by MBA degree holder executives, Are Major subjects or program being taught in MBA are
still relevant or not?

Problem No. 3:

Who is much superior to teach MBA class? Business practitioners or Academicians?

Problem No. 4:

Does enrolling MBA in Top Universities in the country matters?

Problem No. 5:

Is MBA an asset or liability or both?

FACTS OF THE PROBLEM:

Fact No. 1 Addressing the Problem No. 1:

Why MBA?
If one wants to survive in todays competitive world then MBA is the right option. Earning your Master of Business
Administration is especially important in challenging economic times. MBA not only gives you an advantage in the global
marketplace, but it also leads you to be adaptable in an economy where career switching and constant change are the norm,
not the exception. The worlds leading and most popular business qualification is Master of Business Administration. Many
consultancy and finance companies require MBA graduates.
Benefits of MBA:

An MBA degree empowers you in making business decisions. MBA program train students in the latest business trends
and strategies. These strategies give the students the competitive edge in facing today economic challenges.

You could advance in your career. If your career path is less than perfect fit for your aptitudes and interest, one of the
benefits on taking MBA is that it allows you the flexibility to explore your options and provides you with the training you
need to change careers. If youre satisfied with your current line of business, a Master of Business Administration
degree can prepare you to move into a managerial position within your field.

Youll earn more. The Graduate Management Council (GMAC) reported in their 2013 Alumni Perspectives Survey that
the median annual salary for MBA degree holder is higher than 50% than MBA non degree holder. Financial investment
in an MBA degree program can have 100% return in 4years.

You can use your education to start your own business. If you are invested in starting your own business, but not sure if
you have the necessary expertise to launch a start-up in a high growth industry, an MBA can prepare you to do
everything from writing a business plan to acquiring venture capital to launch an IPO. Research has shown that the
failure rate for small businesses started by MBA is about 50% percent less than the standard failure rate.

You could gain networking resources, Networking is another key benefit. Because school teaching styles encourage
teamwork, and over the course of an MBA program, youll develop important relationships that can serve you well
throughout your business career.

Youll enjoy greater job security. MBA graduates are desirable in any job market; An MBA will give you the opportunities
you need to advance in the business world.
An MBA course would sharpen your vision, increase your business acumen, enhance your skill set and help you to view things
with a business perspective. A degree in MBA will definitely add weight to your CV.
Why not Masters of Science or Master of Management or other post graduate degree?
A MBA differs from many other postgraduate courses. It is not normally appropriate to start this course of study immediately
after your first degree, and many schools require that one should have 4-5 years experience of business. Unlike other post
graduate degree, MBA programs thrive on actual business cases and scenarios.

Fact No. 2 Addressing the Problem No. 2:

Due to case to case problems that caused bankruptcy of big financial institutions that are majority handling by
MBA degree holder executives, Are Major subjects or program being taught in MBA are still relevant or not?
Some other people believed that the culprit of the problem is not the program or the degree but rather as mentioned is a
personal and unethical lending practices were the cause of the problem, not the business school, subjects or program.

Fact No. 3 Addressing the Problem No. 3:

Who is much superior to teach MBA class? Business practitioners or Academicians?
Mainly objective of Business practitioners was to share a common wealth of knowledge, skill and experience, Practitioners
knows well what on the environment of current business and professional business professors in the academic rely on research
and possibly leads to book review and assignment which lack the critical forum fit for student to learn based on case approach
and problems confronted by Business today. There is a knowledge gap. The absence of direct interaction into a real situation
will lead to unexpected problems in the future.

Fact No. 4 Addressing the Problem No. 4:

Does enrolling MBA in Top Universities in the country matters?
Success depends on the person not the school not the program per se; it only help you to sharpen your skills and talents to
think critically when confronted by problems, the person ready to cross the bridge anytime when the opportunity arise. The
issue on hand depend on what you got, not the school itself at all, the program and its relevance needs to be asses and
evaluated to make sure, you were given the better options or chance to get along the present predicament and circumstances
the world business people face today.

Fact No. 5 Addressing the Problem No. 5:

Is MBA an asset or liability or both?
An MBA is an asset in the sense that in the essence the degree is similar to a value added cost that the holder quality to
undertakes the responsibility of the degree and the qualifications attached to the holder itself.. There is a strong belief that the
degree can be an asset that can follow through given job and therefore it will be an asset rather than liability.

CONCLUSION: