An article in The Star (Toronto)
Taking the MBA plunge
Those who enter program now will be ready and waiting when economy and good jobs come back
When the business world slows down, applications to MBA schools go up.
It's no secret these are difficult times in the business world. Companies are cutting jobs and freezing hiring, and stock markets are way down.
Still, MBA schools say that applications are way, way up. Those who take the plunge into an MBA program, which can cost as much as $65,000 for Canadian students at top-tier schools, hope to acquire skills that will put them at an advantage when the economy rebounds.
MBA schools are doing their best to bring discussion of the latest events into the classroom – whether it's falling stock markets, mass layoffs or directors who were asleep at the controls – as they help educate the next crop of business leaders.
At the Rotman School of Business at the University of Toronto, applications for the full-time MBA program at up by about 10 per cent to 1,500 this year. That's for about 260 spots.
"People are thinking now is a good time to go back to school because it's not a good time to get a job," said Richard Powers, associate dean and executive director. "And they want to be in a better position to find an interesting job in an industry that they want that's being compromised right now."
In the part-time programs, which take three years to complete, the number of applicants is flat. These mid-career recruits would typically get financial support from their companies, as well as flexibility in their work schedules – two things that may feel like big requests these days.
"The companies just don't have the training budgets. MBA programs are expensive," Powers said. "Secondly, people just don't want to be leaving early and arriving late in a time when people are being let go."
MBA classes typically draw from the business world to illustrate management theory. That's especially the case in times like these.
"As a school, we talk about it amongst the faculty in terms of how can we make this real and relevant to the students.
"Then it's up to the faculty members to bring this into their classrooms," said Eric Morse, associate dean at the Richard Ivey School of business at the University of Western Ontario.
Ivey is case-based, meaning that through hundreds of case studies, students are immersed in real problems and challenges faced by real companies at a point when management decisions could make or break the firm.
"We have these live cases. We bring in a business person who might say, `I have to make drastic cuts in my budget. Where should I be doing that?'" Morse said.
The headlines make the education seem more relevant, but it doesn't change the basics, said Scott Carson, director of the Queen's School of Business at Queen's University in Kingston, Ont.
"What it doesn't change is the structure of good management education where it is essential to develop in people a clear understanding of how to formulate strategy or good human resource policy," Carson said. "We're always going to be teaching those kinds of things, but because the context is so dramatic it shapes the way discussions go in class."
This year, Queen's expects to get about 3,700 applications for the one-year program's 75 spots.
That means more competition on the way in – and the way out.
With companies cutting back, students who graduate during the recession will be competing for fewer jobs.
Schools are helping students take the long view.
"It's important for people to recognize that taking an MBA is not like going to plumbing school or being a pipe fitter.
"We're looking for long-range value-added and the aim of the program is to make students better able to move forward in their careers over the long run, not whether they can get a job by July," Carson said.
Joseph Palumbo, executive director career development centre at the Schulich School of Business at York University, puts it this way: "In times of economic slowdown, there's no better time to invest in yourself.
"We're teaching people how to accept and understand various points of view so they can make better decisions; we're teaching listening and flexibility; we're teaching team-building and how to go forward in a very uncertain world."
Regardless of the economy, getting the degree sends a message.
"It tells people that this is somebody who's willing to learn" and to invest in himself "for life," said Palumbo.
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208 Comments:
Bis ,
Hope you are doing good there.
As an update.... from next year the intake in Queen's has been increased to 110. That means the no. of students who will get an admit to QSB for MBA 2010 batch is going to increase and so would the alumni list. This strategy is largely borne out of the fact that recruiters like to come to B-schools that have a large batch size... something QSB was disadvantageous at till now. No. of teams will increase and each team will have 7 team members now.
Hope this update helps all those who read your blog.
Ashish Tripathi
Queen's MBA 2009
I actually came across that article you wrote as well. Quite interesting!
Great post! As this is recession time, people want to cash this time too by getting into MBA so they enhance their status when market ups.
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I too agree that when business worlds slow down the number of students doing MBA is increasing….. The only reason behind is its power…. Though it is expensive there are Bschools which provide services with reasonable fees………
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With the increase in the popularity of civil services examination, there are a lot of coaching institutes that are open for providing the training of IAS examination but very few Coaching centers are present which provides result oriented training to the IAS aspirant. Best IAS coaching in Mumbai is listed in this article. one should definitely read this article to know about the qualities of the best IAS coaching in Mumbai and the resources provided by these coaching.
In this article, we have given an itemized report of the Top IAS training establishments in Bangalore, the examination material given by them, online discussions, region, distance learning office, the leaders work
Top IAS Coaching In Bangalore reasonable charges structure, offices given by them, establishment courses, online talks, area, distance learning office, the executive's offices, area, and contact subtleties.
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In this article, we've given an organized report of the highest IAS preparing foundations in Kolkata, the assessment material given by them, sensible charges structure, workplaces given by them, foundation Top IAS Coaching In Kolkata courses, online discussions, region, distance learning office, the leaders workplaces, region, and get in touch with nuances.
In this article, we've given an organized report of the highest IAS preparing foundations in Hyderabad, the assessment material given by them, sensible charges structure, workplaces given by them,
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great blog. The students who want to pursue their future careers in the medical field should definitely join the Best NEET Coaching Institute in Mumbai. These Best NEET Coaching In Mumbai are providing outstanding teaching methodologies to the students and study material which consist of all the important concepts with details. The one you are searching for the Top NEET Coaching Institute in Mumbai then you have to make sure you go through this article as it serves you all the detailed information about the Top NEET Coaching in Mumbai.
Great post shared. We have mentioned the Top NEET Coaching In Chennai in this article. We know that the students are in great tension about clearing the NEET entrance examination. It requires a lot of hard work and dedication along with dedication. Students also need good guidance and counseling for which students should join the best NEET coaching in Chennai. We hope that these articles will be beneficial for you.
Nice Blog! Thank you for sharing useful information with us. Top NEET Coaching In Bangalore is very beneficial for the students who want to get success in their medical career. Bangalore has got 9th rank in terms of population. The official language of Bangalore is Kannada. In this Article we provide you a list of best medical coaching in Bangalore, along with their details and benefits they provide. We also mention the past year results and performance of the Coaching so that it is easy for you to find a suitable coaching.
I like your blog.Thanks for sharing your blog. There are a lot of coaching institutes present in Mumbai. but being an IAS aspirant you have to find out the Best IAS coaching in Mumbai for the preparation of the UPSC civil service examination. This article will guide you towards the list of best IAS coaching institutes present in Mumbai. These coaching institutes have given the best results and have helped a lot of students by providing expert guidance. There are a lot of benefits of joining a coaching institute which you will only know after reading this Blog
In this article, we've given an organized report of the best IAS preparing foundations in Delhi, the examination material given by them, sensible charges structure, workplaces given by them, Top IAS Coaching In Delhi foundation courses, online discussions, region, distance learning office, the pioneers working conditions, locale, and connect with nuances.
Wow, what an article. Please post some related articles as well. very good information you have provided. Thanks for sharing. Are you looking for Best IAS Coaching In Mumbai For UPSC exam then The Plutus ias coaching is one of the leading coaching institutes at the current time. Best IAS Coaching in Mumbai You can detect different high qualitative IAS coaching centres in Mumbai by Thehinduzone which provides notification regarding IAS exams update. You should choose a top ias coaching institute for your preparation.
In this article, we've given an organized report of the best IAS preparing foundations in Delhi, the examination material given by them, sensible charges structure, workplaces given by them, Best IAS Coaching in Delhi foundation courses, online discussions, region, distance learning office, the pioneers working conditions, locale, and connect with nuances.
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Mumbai is one of the oldest cities in the country with a population of youth who are determined and devoted to achieving greater and better perspectives for their career opportunities to be successful in the future. In respect of wider opportunities, the Best IAS Coaching In Mumbai has been a platform for IAS aspirants for effective and efficient preparation for UPSC and other relevant civil service examinations. There are top IAS Coaching in Mumbai who are inspiring students to be successful as IAS officers.
Very good blog! We are talking about Top NEET Coaching In Hyderabad. We can see a lot of the crowd of the aspirants for various competitive examinations in Hyderabad coaching centers which are preparing the students for the NEET entrance examination. These coaching centers advertise a lot and attract so many friends to their coaching. We suggest that you do not have to get into the trap of these advertisements. This article will give you a list of the top 10 medical coachings which are present in Hyderabad for the preparation of the NEET entrance examination.
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Enjoying great popularity in the aspirant community and education sector due to its great infrastructure and being student-centric has made Hyderabad one of the most favorable technologically advanced cities for aspirants to prepare for their IAS exam. Some of the Best IAS Coaching In Hyderabad are Plutus IAS, TheHinduzone, Yojna IAS these coaching institutes have been producing great results and have helped thousands of students achieve their dreams.
nice blogThe top 10 Coaching Institutes in Chandigarh are mentioned in this article. It is very confusing for an IAS aspirant to think that he should start the IAS preparation from one of the Best IAS Coaching In Chandigarh UPSC civil service examination is the toughest examination and is known as one of the most repeated examinations conducted at all Indian levels. This examination is conducted by the Union Public Service Commission to help the students in preparing for the examination and guiding them through this exam.
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I like your blog. Thanks for sharing your blog. Mumbai is highly populated and has a large number of universities and coaching which prepares the students for various competitive exams. The Top NEET Coaching In Mumbai plays a very important role in the success of students here. This article is specially made for the students who want to find officer coaching in Mumbai. The students who are interested in knowing top medical coaching in Mumbai should read this article.
I like your blog.Thanks for sharing your blog. Bangalore is popularly known as the silicon valley of India and it is a well-known area for coaching institutes. The Top IIT JEE Coaching In Bangalore has provided good quality education to a lot of aspirants. In this article, we provide you every single piece of information about the coaching institute which prepares students for the engineering entrance examination. These rankings of the best IIT coaching institutes in Bangalore are done by doing good research which can be beneficial for an engineering aspirant.
Nice Blog! Thanks for sharing such an important informational knowledgeable blog with all. If you are an aspirant and want to crack the IIT JEE exam then this article is a real help to you. We have listed the Top IIT JEE Coaching in Hyderabad and provide the best class coaching. Clearing the IIT JEE examination is not a cup of cake and needs full dedication and hard work. For the vast syllabus and competition in the exam, it is very necessary to have the right guidance. A good coaching institute will guide you throughout your IIT JEE journey.
I really love it and the amazing information in this blog. In the Top IIT JEE Coaching In Chennai article, we have provided all the details about the IIT JEE exam to give candidates a clear view of the exam. Candidates are also provided with the list of Top IIT JEE coachings that are excellent institutes and have shown remarkable results. Candidates can select the coaching for them according to their needs and achieve their dreams.
Very good information you have provided. Thanks for sharing. For the candidates who want to prepare for the IIT JEE exam and need guidance for their preparation, here we are at your service to provide you with information about the IIT JEE exam. We have made a list of the Top IIT JEE Coaching in Kolkata that will provide the right guidance to help you excel in the exam with their unique and effective features.
Nice blog. Thanks for sharing with us. For all the aspirants looking for the right coaching to have proper guidance and support throughout their best IIT JEE preparation journey, we have prepared the list of Top IIT JEE Coaching in Patna to help them. We have done the research and after comparing different coaching have prepared a list of Top IIT JEE coaching to help the candidates choose the one for them.
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The MPPSC Coaching In Indore helps you and guides you with your MPPSC journey, the competition for the MPPSC exam has been on a rapid increase and with thousands of applicants applying for the exam every year, there is a surge in the demands of a flagship MPPSC coaching and Indore city out of all places is one of the best cities to prepare for your MPPSC exam.
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Searching for the MPPSC Coaching In Indore ? Confused so as to which coaching institute to choose? Worry not with our greatly detailed and comprehensive article on the Top MPPSC Coaching in Indore you will be able to choose the best coaching institute without putting in much effort. We have prepared this article with the help of our talented faculty team who did all the digging for you and have come up with this unique article that will help you decide and will provide you with a list of the Top MPPSC Coaching in Indore. Go through this entire article thoroughly and find out the Best MPPSC Coaching in Indore.
In this article, we have given an organized report of the Top IAS preparing foundations in Chennai, the assessment material given by them, sensible charges structure, workplaces given by them, foundation
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Thanks for providing such nice information to us. Looking for the MPPSC Coaching In Indore? Can’t decide which coaching institute to choose from? Worry not as we at Best MPPSC Coaching Institute in indore have prepared this detailed article with the sole aim of helping young minds in deciding which coaching institute will suit their requirements the best. With the help of our great faculty team, we have prepared a list of the Top IAS Coaching in indore.
Wow, what an article. Please post some related articles as well. very good information you have provided. Thanks for sharing. Sharma Academy is one of the MPPSC Coaching In Indore So I recommend Sharma Academy as the best preparation for MPPSC, UPSC, and other Competitive exams. G.S., taught by the Sharma Academy was highly advanced and with a deep description. Not only class lectures but the video lectures are also impressive. Sharma Academy is the key to success.
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Wow, what an article. Please post some related articles as well. very good information you have provided. Thanks for sharing. Best WBCS Coaching in Kolkata is prepared with the sole intent of helping young aspirants like yourself in achieving great success in the West Bengal Public Commission Service Exam, with a great focus on the betterment of students and making flagship education easily available for students we at Study Xpress with the help of our dedicated team have prepared this detailed article to help students decide which coaching institute will provide them with the best features and is the Best WBCS Coaching In Kolkata.
Thanks for providing such nice information to us. To prepare for the MPPSC exam in the online mode we have given the ranked best online MPPSC coaching in Indore in the below listing. MPPSC Coaching In Indore will help you out in doing the online Madhya Pradesh Public Service Commission in the Indore location. Best Post after Clearing the MPPSC Examination is the deputy collector. It is a gazetted officer post that comes as a Group B Post. These Officers serves or work Directly under the Madhya Pradesh Government
This is a great inspiring article. You put really very helpful information. Searching for the MPPSC Coaching In Indore ? Confused so as to which coaching institute to choose? Worry not with our greatly detailed and comprehensive article on the Top MPPSC Coaching in Indore you will be able to choose the best coaching institute without putting in much effort. We have prepared this article with the help of our talented faculty team who did all the digging for you and have come up with this unique article that will help you decide and will provide you with a list of the Top MPPSC Coaching in Indore. Go through this entire article thoroughly and find out the Best MPPSC Coaching in Indore.
In this article, we've given an organized report of the Best IAS preparing foundations in Chennai, the examination material given by them, sensible charges structure, workplaces given by them, foundation courses, online discussions, region, distance learning office, the pioneers working conditions, locale, and connect with nuances.
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Great blog! I would like to thank you for the efforts you have made in writing this post. Study Xpress is an excellent WBCS Institute in Kolkata for teaching IAS aspirants and WBCS aspirants, and it holds the number First position in the Best WBCS Coaching in Kolkata . Study Xpress, without any question, set a bar with its high quality of education Facilities. Study Xpress, WBCS Institute in Kolkata, has marked its place in terms of the best coaching centre despite a cutthroat competition. They adopted various techniques in terms of teaching. It gives qualitative education to its student.
Sharma Academy is the MPPSC COACHING IN INDORE and this Institute provides education to the students in both Hindi and English. The use of both Hindi and English medium help the student in building better concepts and understanding the topics easily,MPPSC Coaching In Indore There are various benefits of joining Sharma Academy in Indore. This coaching institute uses a unique teaching method or concept that is very helpful for producing the best results.
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MPPSC Coaching in Indore has a group of experts faculties including Civil Servants, Senior Professors, Authors, Senior Professionals working together to provide best coaching for MPPSC in Indore MPPSC Coaching In Indore with a common objective of making education available to everyone and to guide aspirants in a smart way by bringing to their fingertips a convenient way of experiencing best MPPSC Coaching as well as the best Coaching for State Service Examination (SSE) so that they can achieve their goals and fulfill their dreams with quality preparation. Join our coaching for MPPSC Coaching In Indore MPPSC in Indore if you aspire to be a part of the elite civil servants in the country.
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I really love it and the amazing information in this blog. All of the aspirants in a town can grab their seat in one of their favourite coaching institutes in Patna. It’s a competitive hub of India. You can always find a competitive environment in Patna. Best IIT JEE Coaching in Patna, Whether it’s IIT JEE or NEET or any of the top competitive exams such as UPSC, Patna holds the strength of running best IIT JEE Coaching across India. Every coaching works hard and delivers its best to produce excellent results every year.A number of institutes compete with each other in order to accomplish the best result. Top IIT JEE Coaching in Patna
Wow, what an article. Please post some related articles as well. very good information you have provided. Thanks for sharing. UPSC Coaching Indore is the No.1 UPSC Coaching In Indore, which prepares candidates for the Civil Services Examination at all three levels - UPSC Preliminary Exam, UPSC Main Exam and Personality Test. The institute was established by Sharma Sir in 2010 with the objective of empowering IAS aspirants to enhance their skills in the UPSC Civil Services Examination. Since its inception, the institute has been helping students to become civil servants including IAS, IFS, IPS officers and other Central Service Servants.
In this article, we've given an organized report of the Best NEET preparing foundations in Hyderabad, the examination material given by them, sensible charges structure, workplaces given by them, foundation courses, online discussions, region, distance learning office, the pioneers working conditions, locale, and connect with nuances.
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SSC Coaching in Jaipur – Students who are keen on appearing for the SSC exam and prefer to take training or coaching from result-oriented SSC exams Coaching institutes in Jaipur please look into the names of SSC COACHING IN JAIPUR SSC exams training institutes given below. These could be of great help to you. To make your process of finding a SSC coaching institute easy, start your study at one of these excellent coaching institutes.
Wow, what an article. Please post some related articles as well. very good information you have provided. Thanks for sharing. Prepare for MPPSC exam with MPPSC Coaching In Indore. Get the golden opportunity to study from MPPSC Toppers, know which specifics made them topper. Sharma Academy is Perfect Coaching for UPSC, IAS, MPPSC in Indore. Providing Best UPSC, IAS, MPPSC Coaching in Indore, MPPSC Online Coaching Available.
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There are many institutes for gate coaching In Chandigarh and thus it is difficult for the students and the parents to choose one. Coaching is necessary as it guides the aspirants and also provides the aspirants with the study material. The top gate Coaching institute in Chandigarh is Engineers Career Group.You can visit our website and compare different institutes on the basis of fee structure, results, infrastructure, faculty, etc.GATE COACHING IN CHANDIGARH
In Madhya Pradesh, Indore is a very Popular City. Indore is well known for Cotton textiles. Indore is also known as Food City. Indore is also known as the Mini Mumbai. Indore is also a Good Educational Hub. The Education in west-central India, Indore is Good Because of the good Geographical Location. In this article, we will keep our Focus on Providing you Best Information on Top IAS Coaching Center in Indore. UPSC Coaching In Indore
Is IAS preparation coaching something you are looking for? Cracking the IAS test may be time-consuming and challenging, and doing it all by yourself makes it more difficult. A tough nut to crack when so many people are vying for a spot on one of India’s most sought-after legal schools. It may be made into a kid’s game with the proper guidance and coaching.UPSC Coaching In Indore
It’s up to you whether or not you want to take an IAS coaching class, but if you do, you should read this post first to make an accurate decision.
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SSC Coaching in Jaipur – Students who are keen on appearing for the SSC exam and prefer to take training or coaching from result-oriented SSC exams Coaching institutes. SSC COACHING IN JAIPUR in Jaipur please look into the names of SSC exams training institutes given below. These could be of great help to you. To make your process of finding a SSC coaching institute easy, start your study at one of these excellent coaching institutes.
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We’ll guide you through some of the most important things to look for in an Indore IAS coaching. Sharma Academy, a Civil service exam preparation institute established in the year 2010 by Surendra Sharma. This Academy is amongst the top-quality coaching institutes of Central India. The Academy was awarded the best education excellence awards in 2016 by the MP chief minister.
They offer distance learning courses by pen drive, sd card, and tablet.UPSC Coaching In Indore They also provide online and offline test series for mock tests to students. For a better learning experience, they also provide an online class, handwritten notes, updated study material to students. The Academy is known as the best IAS coaching center in Indore. If you are looking to join this Academy before that you should know all the details about the Sharma Academy fee structure, faculty, infrastructure, UPSC Coaching In Indoreand also read reviews before joining a class. Sharma Academy is one of the leading IAS Coaching institutes in Indore.
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Here is the Best IAS coaching in Bangalore. Achievers IAS academy is also known as AIA. This coaching institute is one of our finest places for the preparation of the UPSC civil service examination.
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I suggest- Achievers IAS Best IAS Coaching in Bangalore Achievers IAS Academy is one of the Best IAS Coaching in Bangalore. Basically, Achievers IAS Academy, the faculty is the perfect collaboration team of IIM Bangalore. So that Achievers IAS coaching institute brings diversity, experience along with tremendous management. The Result of Achievers IAS has been good. Achievers IAS produced so many IAS, IPS, IFS officers. Even Achievers IAS also holds the best reviews on google. If you check that then you will find out that very few people have the problem with this academy but most of them are tremendously happy with their educational facilities.
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Sterling Education is the first best Bank Coaching Institute in Jaipur for the preparation of bank examinations.Best Bank Caoching in Jaipur This coaching institute is a unique platform that ensures the overall development of the students by grooming them and enhancing their skills. This coaching institute has contributed to the lives of a lot of students by providing the best guidance for the preparation of current competitive examinations. Best Bank Caoching in Jaipur This coaching institute provides quality education to the students with the help of the best facilities that include audio video lectures and various other facilities that are comfortable and helpful for the students in securing a good rank in the examination.
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Nice blog, Sarkari Result is one of India’s leading websites that offers all the data including jobs, exams, and institutions. The website keeps track of all the results of government jobs and upcoming government examinations. For all students, irrespective of their class can check upcoming jobs/examinations according to their eligibility. Other than this, all students can check the syllabus, answer key, and other exam-related details easily.
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