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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others. There are several forms of business schools, including a school of business, business administration, and management.
Kaplan classifies business schools along four Corners:
Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:
In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. Michigan (/ˈmɪʃɪɡən/ (
Michigan is the only state to consist of two peninsulas. The Lower Peninsula is often noted as shaped like a mitten. The Upper Peninsula (often called "the U.P.") is separated from the Lower Peninsula by the Straits of Mackinac, a five-mile (8 km) channel that joins Lake Huron to Lake Michigan. The Mackinac Bridge connects the peninsulas. The state has the longest freshwater coastline of any political subdivision in the world, being bounded by four of the five Great Lakes, plus Lake Saint Clair.[7] As a result, it is one of the leading U.S. states for recreational boating.[8] Michigan also has 64,980 inland lakes and ponds.[9] A person in the state is never more than six miles (9.7 km) from a natural water source or more than 85 miles (137 km) from a Great Lakes shoreline.[10] The area was first occupied by a succession of Native American tribes over thousands of years. Inhabited by Natives, Métis, and French explorers in the 17th century, it was claimed as part of New France colony. After France's defeat in the French and Indian War in 1762, the region came under British rule. Britain ceded this territory to the newly independent United States after Britain's defeat in the American Revolutionary War. The area was part of the larger Northwest Territory until 1800, when western Michigan became part of the Indiana Territory. Michigan Territory was formed in 1805, but some of the northern border with Canada was not agreed upon until after the War of 1812. Michigan was admitted into the Union in 1837 as the 26th state, a free one. It soon became an important center of industry and trade in the Great Lakes region and a popular immigrant destination in the late 19th and early 20th centuries. Although Michigan developed a diverse economy, it is widely known as the center of the U.S. automotive industry, which developed as a major economic force in the early 20th century. It is home to the country's three major automobile companies (whose headquarters are all within the Detroit metropolitan area). While sparsely populated, the Upper Peninsula is important for tourism thanks to its abundance of natural resources,[11][12] while the Lower Peninsula is a center of manufacturing, forestry, agriculture, services, and high-tech industry. he U.S. Bureau of Economic Analysis estimated Michigan's Q3 2018 gross state product to be $538 billion, ranking 14th out of the 50 states.[99] According to the Bureau of Labor Statistics, as of December 2018, the state's seasonally adjusted unemployment rate was estimated at 4.0%.[100] Products and services include automobiles, food products, information technology, aerospace, military equipment, furniture, and mining of copper and iron ore. Michigan is the third leading grower of Christmas trees with 60,520 acres (245 km2) of land dedicated to Christmas tree farming.[102][103] The beverage Vernors was invented in Michigan in 1866, sharing the title of oldest soft drink with Hires Root Beer. Faygo was founded in Detroit on November 4, 1907. Two of the top four pizza chains were founded in Michigan and are headquartered there: Domino's Pizza by Tom Monaghan and Little Caesars Pizza by Mike Ilitch. Michigan became the 24th Right to Work state in U.S. in 2012. Since 2009, GM, Ford and Chrysler have managed a significant reorganization of their benefit funds structure after a volatile stock market which followed the September 11 attacks and early 2000s recession impacted their respective U.S. pension and benefit funds (OPEB).[104] General Motors, Ford, and Chrysler reached agreements with the United Auto Workers Union to transfer the liabilities for their respective health care and benefit funds to a 501(c)(9) Voluntary Employee Beneficiary Association (VEBA). Manufacturing in the state grew 6.6% from 2001 to 2006,[105] but the high speculative price of oil became a factor for the U.S. auto industry during the economic crisis of 2008 impacting industry revenues. In 2009, GM and Chrysler emerged from Chapter 11 restructurings with financing provided in part by the U.S. and Canadian governments.[106][107] GM began its initial public offering (IPO) of stock in 2010.[108] For 2010, the Big Three domestic automakers have reported significant profits indicating the beginning of rebound.[109][110][111][112] As of 2002, Michigan ranked fourth in the U.S. in high tech employment with 568,000 high tech workers, which includes 70,000 in the automotive industry.[113] Michigan typically ranks third or fourth in overall Research & development (R&D) expenditures in the United States.[28][29] Its research and development, which includes automotive, comprises a higher percentage of the state's overall gross domestic product than for any other U.S. state.[114] The state is an important source of engineering job opportunities. The domestic auto industry accounts directly and indirectly for one of every ten jobs in the U.S.[115] Michigan was second in the U.S. in 2004 for new corporate facilities and expansions. From 1997 to 2004, Michigan was the only state to top the 10,000 mark for the number of major new developments;[26][116] however, the effects of the late 2000s recession have slowed the state's economy. In 2008, Michigan placed third in a site selection survey among the states for luring new business which measured capital investment and new job creation per one million population.[117] In August 2009, Michigan and Detroit's auto industry received $1.36 B in grants from the U.S. Department of Energy for the manufacture of electric vehicle technologies which is expected to generate 6,800 immediate jobs and employ 40,000 in the state by 2020.[118] From 2007 to 2009, Michigan ranked 3rd in the U.S. for new corporate facilities and expansions.[119][120] As leading research institutions, the University of Michigan, Michigan State University, and Wayne State University are important partners in the state's economy and its University Research Corridor.[30] Michigan's public universities attract more than $1.5 B in research and development grants each year.[31] The National Superconducting Cyclotron Laboratory is at Michigan State University. Michigan's workforce is well-educated and highly skilled, making it attractive to companies. It has the third highest number of engineering graduates nationally.[121] Detroit Metropolitan Airport is one of the nation's most recently expanded and modernized airports with six major runways, and large aircraft maintenance facilities capable of servicing and repairing a Boeing 747 and is a major hub for Delta Air Lines. Michigan's schools and colleges rank among the nation's best. The state has maintained its early commitment to public education. The state's infrastructure gives it a competitive edge; Michigan has 38 deep water ports.[122] In 2007, Bank of America announced that it would commit $25 billion to community development in Michigan following its acquisition of LaSalle Bank in Troy.[123] Michigan led the nation in job creation improvement in 2010.[124] Michigan's education system provides services to 1.6 million K-12 students in public schools. More than 124,000 students attend private schools and an uncounted number are home-schooled under certain legal requirements.[149][150] The public school system has a $14.5 billion budget in 2008–2009.[151] Michigan has a number of public universities spread throughout the state and numerous private colleges as well. Michigan State University has the eighth largest campus population of any U.S. school. Seven of the state's universities—Central Michigan University, University of Michigan, Michigan State University, Michigan Technological University, Oakland University, Wayne State University, and Western Michigan University—are classified as research universities by the Carnegie Foundation.[152]
Colleges and universities around the world offer bachelor's degrees, graduate degrees, diplomas and certificates in management, generally within their colleges of business, business schools or faculty of management but also in other related departments. In the 2010s, there has been an increase in online management education and training in the form of electronic educational technology ( also called e-learning). Online education has increased the accessibility of management training to people who do not live near a college or university, or who cannot afford to travel to a city where such training is available. While some professions require academic credentials in order to work in the profession (e.g., law, medicine, engineering, which require, respectively the Bachelor of Law, Doctor of Medicine and Bachelor of Engineering degrees), management and administration positions do not necessarily require the completion of academic degrees. Some well-known senior executives in the US who did not complete a degree include Steve Jobs, Bill Gates and Mark Zuckerberg. However, many managers and executives have completed some type of business or management training, such as a Bachelor of Commerce or a Master of Business Administration degree. Some major organizations, including companies, not-for-profit organizations and governments, require applicants to managerial or executive positions to hold at minimum Bachelor's degree in a field related to administration or management, or in the case of business jobs, a Bachelor of Commerce or a similar degree. UndergraduateAt the undergraduate level, the most common business program is the Bachelor of Commerce (B.Com.). However to manage technological areas, you need an undergraduate degree in a STEM area as preferred to Defense Acquisition University guidelines. This is typically a four-year program that includes courses that give students an overview of the role of managers in planning and directing within an organization. Course topics include accounting, financial management, statistics, marketing, strategy, and other related areas. There are many other undergraduate degrees that include the study of management, such as Bachelor of Arts degrees with a major in business administration or management and Bachelor of Public Administration (B.P.A), a degree designed for individuals aiming to work as bureaucrats in the government jobs. Many colleges and universities also offer certificates and diplomas in business administration or management, which typically require one to two years of full-time study. GraduateAt the graduate level students aiming at careers as managers or executives may choose to specialize in major subareas of management or business administration such as entrepreneurship, human resources, international business, organizational behavior, organizational theory, strategic management, accounting, corporate finance, entertainment, global management, healthcare management, investment management, sustainability and real estate. A Master of Business Administration (MBA) is the most popular professional degree at the master's level and can be obtained from many universities in the United States. MBA programs provide further education in management and leadership for graduate students. Other master's degrees in business and management include Master of Management (MM) and the Master of Science (M.Sc.) in business administration or management, which is typically taken by students aiming to become researchers or professors. There are also specialized master's degrees in administration for individuals aiming at careers outside of business, such as the Master of Public Administration (MPA) degree (also offered as a Master of Arts in Public Administration in some universities), for students aiming to become managers or executives in the public service and the Master of Health Administration, for students aiming to become managers or executives in the health care and hospital sector. Management doctorates are the most advanced terminal degrees in the field of business and management. Most individuals obtaining management doctorates take the programs to obtain the training in research methods, statistical analysis and writing academic papers that they will need to seek careers as researchers, senior consultants and/or professors in business administration or management. There are three main types of management doctorates: the Doctor of Management (D.M.), the Doctor of Business Administration (D.B.A.), and the Ph.D. in Business Administration or Management. In the 2010s, doctorates in business administration and management are available with many specializations.
Industry Descriptionbusiness management Michigan ListingThe Business Administration - Management Specialization Program is an 18-month Associate degree that offers students a strong liberal arts curriculum combined with a comprehensive management curriculum. This blend prepares students to excel in today's demanding business environment. Students will study various areas of management including sales, human resources, marketing, and international business. These will be accompanied by a broad base of fundamental business courses. The general education requirements will foster critical thinking, communication skills, and a sound value system. The classroom experience will be enhanced by an internship in the final quarter. |
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Michigan MI Business Management Sponsors| Technical and Non-Technical Degrees | Chubb Institute | DeVry University | University of Phoenix | DeVry Keller University | College SearchingCollege Searching Sponsorsdebt consolidation | University Online Degree | Home Remodeling | debt help | General Links |College Searching and Online Degrees offer Associate, Bachelor, Masters and Ph.D. degrees in automotive, teaching, finance, internet technology, accounting, marketing, Michigan MI Business Management , nursing, computer science, fashion and graphic design, and much more!
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