MGMT 3213 Principles of Operations Management (BA): Just For Fun

Q: Why do MBA students love sharp pencils?
A: They always want to get to the point!

Q: Why did the MBA cross the road?
A: To better position himself in the market!

Q: How do you confuse an MBA?
A: Put them in a circular conference room and tell them to corner the market!

Q: How do you make an MBA laugh on a Monday?
A: Tell them a joke on Friday!

Q: Why don’t MBA students ever become poets?
A: They find it hard to put a value on words!

Q: How do you know an MBA student has been using your computer?
A: The spreadsheet software is open, and the coffee cup is empty!

Q: What do you call an MBA’s coffee break?
A: A “strategic pause for growth!”

Here is an infographic from 2019 (courtesy of Indian Institute of Management, Udaipur) on the reasons students (or employees) seek an MBA degree (see the below link).  The highlights include:

Why earn the degree?

• career opportunities
• enhance leadership skills
• improve managerial skills
• gain technical skill

Salary potential?  Median annual base starting salary for new hires: $95K (Europe), $45K (Asia-Pacific)

• 63% increase in Asia
• 56% increase in the U.S.
• 49% increase in Europe

Options for MBA Specialization

• marketing
• finance
• technology management 
• operations management
• organizational behavior
• human resources

Online vs. On-Campus MBA

• 47% prefer an on-campus MBA 
• 22% prefer a part-time MBA
• 18% prefer a flexible MBA
• 14% prefer an Executive MBA
• 12% prefer an online MBA
  Note: 65% of graduates prefer a full-time MBA program

Other reasons for seeking an MBA

• increase business knowledge
• develop skills and leadership qualities
• gain additional career credentials
• launch a new business
• transition from a functional role to a management position
• grow your professional network
• gain international exposure
• sharpen soft skills and develop leadership qualities
• enhance communication skills

Tips for succeeding in an MBA

• choose the right college
• create clear goals
• study strategically
• attend all types of practical sessions and training
• develop networking and interpersonal skills
• work on communication and language skills
• gain domain expertise  and knowledge of  related industries
• be self-disciplined and organized
• learn to prioritize