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Pratiksha

7 reasons why you should do an MBA

Article written by Pratiksha Misra.

We are happy to welcome our new Admission Manager, Pratiksha Misra, who gives us the 7 best reasons why doing an MBA.

1) You want to have the best job?

An MBA is a glossy label that signals forthcoming managers that you have taken the necessary steps. It discloses to them that you have that ‘much required’ cross-practical information or that you bring an assorted point of view that you created from drawing in with your MBA peers. In certain ventures like Consulting, you need an MBA to move higher up the company pecking order.

2) An MBA can turn a Mechanical Engineer to a Marketing Manager.

Think about this circumstance: you have been in the IT business for as far back as five years, however you understood that your actual calling is promoting. You choose to enlist for end of the week courses or accept up entry level position open doors to pick up some advertising expertise.

Even after this, you see that each employment you are qualified for is just a passage level work. Which likewise implies that you will accept a huge decrease in salary to switch over to promoting from IT. What’s more, nobody needs to do that. What other alternative do you have, at that point?

The truth is out. Simply get an MBA in Marketing!

How would we realize that an MBA will help you move professions? On the off chance that you glance through the situation reports of significant B-schools far and wide, you will locate that numerous understudies switch over to another vocation just after graduating. Their compensation bundles are altogether high too.

It demonstrates that an MBA is an incredible method to switch over into an alternate vocation.

3) MBA provides you with Expertise.

You realize what occurs at a buffet right? Truly, we mean the smorgasbord you get in eateries. Getting an MBA through GMAT at a top B-school resembles having a buffet. You take a tad of everything at the outset. In any case, you just take second helpings of the stuff you like, isn’t that so?
Essentially, when you start your MBA program, you will concentrate a bit of all you require to know to have a profession in administration. However, progressively, you will be permitted to pick and concentrate exactly what you need, similar to the second helpings that you take at a buffet. These will permit you to investigate the subjects you like in more detail after you get an essential comprehension of every one of your alternatives to start with.

4) MBA lets you take control of your career.
What is so unique about doing an MBA?

An MBA gives you the certainty to be someone who matters in your expert life. What’s more, how would you get this certainty?

A presumed B-school program gives you the chance and makes you think toward the path you need to. You may have had numerous objectives prior to joining a MBA. Yet, you may understand your actual calling just once you join the course. What’s more, this is self-awareness.

The whole homeroom experience, connection with employees and friends, understudy exercises, contextual analyses, all these may fundamentally change your viewpoint, both actually and expertly. Numerous MBA understudies find a renewed individual in themselves once they move on from business college.

The incongruity of life is that when you are an understudy, you have no duties. In any case, you did not have the correct viewpoint. When you begin working, progressively, you realize what your identity is, the thing that your latent capacity is, however at this stage, you are so troubled with obligations that you don’t find the opportunity to follow your enthusiasm.

5) You would want to increase your net worth by increasing your network.
It is not WHAT you know, but WHO you know.

A good B- school gives you an opportunity to expand your network. Your network can help you launch, grow and expand your business ventures. It is a pool of brilliant minds; it is now up to you how you want to pursue your connection forward.

6) You want to move out and build a career.

Choosing a right MBA course can help you understand the market properly. It provides you exposure to the global perspective.
Along with an MBA course, internships provide you with relevant experience. This is your firsthand experience of the kind of work you are looking to do.

7) An MBA helps you stay ahead of your competitors.
If you have questions hovering above your head:
a) How to stand apart from other applicants?
b) How will you get your salary?
c) How will you acquire the right skills necessary for the market?
Then this is your answer: Choose the right MBA for yourself and enhance your personality. Provide an edge to your profile and stand out of the crowd.

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Sacred Heart University SHU USA MBA

SHU’s MBA Program Named One of the Best in The Princeton Review

Fairfield’s Hamlet Hub website just reported that Sacred Heart University’s Master of Business Administration has been named among the best by the Princeton Review. Please find below a summary of this article:

Sacred Heart University’s Jack Welch College of Business & Technology (WCBT) has yet again earned a place among the nation’s outstanding business schools for a master’s degree in business administration, according to The Princeton Review. The education services company profiles SHU in its recently reported list, “Best Business Schools 2021: On-Campus MBA Programs.”

The Princeton Review compiled its list of the 244 top business schools using institutional and student survey data. The profiles also have five categories of ratings that The Princeton Review tallies based on data from its administrator and/or student surveys. Rating categories encompass academic experience, admissions selectivity, career and professors who are interesting and accessible.

“We are delighted that The Princeton Review continues to recognize the value of our MBA program,” said Martha J. Crawford, dean of the WCBT. “Our faculty and staff are dedicated to ensuring students receive a meaningful and relevant business education. Our MBA program prepares students to thrive in a business world that is being transformed by digital innovation. Our program is unique for its emphasis on experiential learning and technology literacy. It also helps students develop an international perspective, through digital integration of our Fairfield and Luxembourg campuses.”

The WBCT is accredited by the Association to Advance Collegiate Schools of Business (AACSB), and its faculty are recognized scholars and experienced practitioners in the business world. Under their guidance, students complete required coursework and a capstone project, working with their peers to help local businesses develop a product or service. Students hone their management skills, apply the business concepts they’ve learned and make presentations to business professionals, nonprofit executives and faculty on the new product or service they developed. Students gain first-hand experiences and a glimpse of what business success entails.

Follow this link to find all informations about our MBA.

RTL Today Luxembourg

Sacred Heart University Luxembourg featured on RTL Today

RTL Today Luxembourg’s website has just published an article about how it’s “The Prefect Time for an MBA” in these periods of uncertainty.

The page specifies that Sacred Heart University Luxembourg offers a diploma recognized all over the world (the only AACSB accredited school in Luxembourg), with a diverse network of students and graduates.

Find the article by following this link : https://today.rtl.lu/news/luxembourg/a/1619697.html

Sacred Heart University RTL Today
Sacred Heart University RTL Today
Raymond Schadeck

Paperjam announces Sacred Heart University’s new board

Paperjam, the luxembourgish Business Media, reported that a new board of directors has been appointed at Sacred Heart University Luxembourg, with Raymond Schadeck as chairman.

Sacred Heart University Luxembourg is setting up a new board, with Raymond Schadeck as president, the university said in a statement on Thursday.

This change in governance aims to “develop and implement its new strategic directions” from Welch College of Business & Technology (WCBT) at Sacred Heart University. “To cope with the increased complexity, the speed of change and the challenges that companies are facing, WCBT Luxembourg has launched a strategic reflection process to adapt existing higher education programs, but also to develop new ones”.

The new board of directors will now be composed of Charles-Louis Ackermann, Julie Becker, Aïssata Coulibaly, Melanie Delannoy, Martin Dobbins, Shiva Dustdar, Jean Ehret, Jacques Lanners, Katia Scheidecker, Karin Schintgen, Rolf Tarrach and Marc Wagener.

Established in Luxembourg for 30 years and located at the Chamber of Commerce in Kirchberg, the WCBT of Sacred Heart University is the Luxembourg branch of WCBT’s main campus based in Fairfield, Connecticut, United States.

Since the appointment of Dean Martha J. Crawford, a former Harvard professor, to WCBT Fairfield in August 2019, the Luxembourg campus of WCBT has been given an even greater role in the university’s overall strategy.

Find the original article here : https://paperjam.lu/article/nouveau-board-a-sacred-heart-u

Entrepreneur-in-Residence Mentors Students with Big Ideas

Ventures are open to everyone, not only business majors

When a student or professor in Sacred Heart University’s community has a brilliant idea for a new product or service but doesn’t know how to turn the thought into a plan, it’s time to see Richard Guha, SHU’s entrepreneur-in-residence. Even while most University business and classes are being conducted online during the pandemic, Guha is still available to mentor inspired Pioneers.

Richard Guha Over the last 28 years of Guha’s distinguished 45-year career, he has engaged with startups as founder, board member, CEO, mentor and investor. Several of the startups in which he has been involved have had multi-million-dollar exits—meaning the business was acquired or, rarely, it issued an initial public stock offering—and one currently has a $1 billion valuation.

“When classes are in session on campus, I walk around and chat with students,” Guha said. “As I develop a rapport with them, they gain the courage to ask questions and talk to me about ideas that have been floating around in their heads.” Without the current ability to chat informally with students, he’s reminding them that they can still reach out to him during this time.

Guha’s mission as SHU’s entrepreneur-in-residence has three components. The first is encouragement of students’ curiosity about new ideas and possibilities. “I want them to come to me even if they are just curious about being an entrepreneur. You can even come talk if you don’t have any ideas but want to find out what’s involved in being an entrepreneur,” Guha said.

The second component is guidance. Guha teaches students how to execute the next steps for pursuing their venture. He guides them through negotiating the legal structure and finding a lawyer who will work with them for free or inexpensively, setting up their books, developing a plan or product road map, marketing their business and hiring the right people when the time comes. “I won’t do the work for them, but I help them do it themselves. If there is something they cannot do, I help them find someone who can work with them.”

Third, Guha helps introduce his clients to those in the industry who may be able to help with investments and business set-up to get them on their way.

Entrepreneurship is not only for business majors. “Whatever your degree is, you can apply it to being entrepreneurial,” said Guha. All experience is relevant. “Don’t think that your life has to be linear. Just because you want to do something different than what you’ve done so far, doesn’t mean that you don’t have the experience to make it work.”

Don’t let a fear of failure get in your way, he advised. “I’ve mentored students who went off and did something entrepreneurial for a year or two after college, and either it failed, or they lost interest. When they joined a large corporation, they went into a higher-level position than they would have straight out of university.” Corporations value the experience gained from being an entrepreneur, even if one fails. “There is nothing wrong with trial and error. As an entrepreneur, you are the CEO, the chief innovator and the chief marketing officer. The things you learn are more relevant than you realize.”

People with entrepreneurial spirit are excellent assets to the innovation within companies—often called intrapreneuring—because they come up with new ideas for new businesses within the corporation. Nonprofit organizations also offer opportunities for entrepreneurs or intrapreneurs.

Wilder Rumpf ’20, who carried a double major in finance and economics at Sacred Heart, consulted with Guha for over a year while forming FinTron, a broker-dealer business currently developing a banking and investing app for people between the ages of 18 and 39. “FinTron has gone on to raise more than a half a million dollars in just under a year,” said Rumpf, noting that he also owes special thanks to Professor Mark Ritter and late Professor John Gerlach.

“Richard is a wonderful mentor with an endless Rolodex of connections. He provided me with industry insight, connections to resources and a friendly face during some tough times I’ve faced as a founder,” said Rumpf, who plans to launch FinTron this summer.

“Richard has given me great advice on what direction to take with my business endeavors and what I can do to proceed,” said Caitlin Golynker ’23, a business management and finance major at Sacred Heart. “He possesses connections in various fields that can help your idea progress and give you the ability to collect more information on your idea.”

Tobi Aminu ’20, who graduated with a degree in finance and plans to continue his education in Sacred Heart’s MBA program, has spent a great amount of time with Guha preparing business plans for his venture. “I feel like a sponge whenever I speak with Mr. Guha,” said Aminu. “His wisdom is endless and I know I will benefit from this opportunity.”

“The Sacred Heart community is lucky to have someone with Richard’s depth of business acumen and experience, who is available to help create the entrepreneurs of tomorrow,” said Martha Crawford, dean of the Jack Welch College of Business & Technology. “Anyone with an inkling of an idea should spend some time talking to Richard. He’s an invaluable resource to our students and faculty.”

Guha also often serves as a judge and mentor for startup weekends, much like Techstars and Sacred Heart’s virtual startup weekends. Participants often contact Guha after the weekend is over, seeking advice on how to move their business plan forward.

The goal of the entrepreneur-in-residence program is to produce Sacred Heart alumni with an entrepreneurial frame of mind who believe there are no boundaries to what they can accomplish.

Anyone from Sacred Heart can reach out to Guha at Richard@guha.us at any time, even if it’s just to talk about what entrepreneurship entails.

Lunch & Learn: Get Unstuck – Own Your Career

Wednesday, June 10 | 18:00 – 19:00 pm (GMT +2)

You have identified that it’s time to take responsibility and add value to your career. Taking ownership of your career will involve some short-term effort, but can quickly evolve into an exciting opportunity on your own terms. This session will offer up some great insights to help you build a new framework for your career.

This week’s fourth Wednesday Webinar in the Lunch & Learn series, sponsored by The Center for Career and Professional Development, features Rudy Favard ’15, Erica Lucca ’11, Courtney Perlee ’10, and Maureen Mackey and Meg Sahagian of Mackey Staffing as they focus on ways to own your career, how to move forward, and identifying when it’s time to say goodbye.

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