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Career

5 Factors to Consider When Choosing an MBA Program

If you’re reading this article, I’m going to take a wild guess and assume that you are considering attending business school. Pretty crazy guess considering the title, right?!Listen, any wise person will advise you to use careful consideration when deciding to make any decision in life. That being said, the life altering decision to whether you should attend business school isn’t any different; it requires your careful consideration. Read on to learn the five factors you should consider before you decide to attend business school.

  1. Your Budget

You have probably learned by now that everything in life has a cost associated with it. So it should not come as a surprise that you should consider your budget before you decide to enroll in a MBA program. MBA programs not only cost you money, but they cost you mental bandwidth and TONS of your time. So before you submit your application, make sure that you accounted for your budget.

  1. How The MBA Program Will Affect Your Lifestyle

Hey, we’re all people who are more or less set in our ways and you know what? It’s no big deal. However, not considering how your MBA program will affect your lifestyle is a capital-letter BIG DEAL. Before you choose your MBA Program make sure that you are choosing a program that works with both your current and desired lifestyle. Do you currently have a bit of freedom and are able to commit to a steady two-year program? Or are you a person that is already juggling commitments (Work, parenting, volunteering) and has to pursue a more nontraditional route? I can’t answer this question, only you can. Consider your lifestyle and existing commitments before you enroll into any MBA program.

  1. The Benefits of Each MBA Program

If I was betting man, I would put money on the theory that 100% of people do not enjoy wasting their money or their time. This brings up my next consideration I have for you. I want you to consider the benefits of attending the MBA program you are considering. Realistically you have hundreds of options to possible MBA programs you can attend. Consider what qualities makes certain MBA programs more attractive to you then others. This is a lesson on self awareness. Clearly you want to choose best option that will help you achieve your goals; so do that.

  1. Qualifications

Let’s be honest, we already noted how competitive MBA schools can be! This brings up a very important consideration, are you qualified for the MBA program you are applying for? Typically, MBA programs look for a ‘ healthy’ GPA (3.0 or better), a great GMAT score and the ability to effectively communicate. Are you qualified enough for admissions?

  1. Feedback from Alumni

Whether you decide to apply to New England College or any school with a stellar MBA program, it’s a good idea to consider reaching out to alumni so you can harness and asses their feedback. Sometimes speaking with former students is a great way to learn personal insights about the program. Put your networking skills to work and reach out to alumni to confirm whether or not the MBA program of your choosing is a good fit.

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Career

Key Features of a Financial Management Course

Financial managers are responsible for carrying out a variety of tasks and research studies, and usually need to be on their toes when putting forth different kinds of suggestions. As a financial manager, you will be responsible for carrying out different kinds of tasks. Most influential companies usually have a separate financial division that is responsible for determining how the company should spend its money. The excess cash kept by the company is usually invested into particular holdings and investment vehicles, and the financial managers are the ones who get to decide how much money goes where.

If a financial manager believes that the company is not using their money in the right way, and there’s a risk of a cash shortage or surplus occurring in the future, they will let the company know beforehand so that the directors and the executive staff can decide what to do about the situation. Financial management courses are basically designed for people who have only just started working in the industry, as well as those who have been with a particular company for many years and are looking to refresh their concepts. Here are some key features of what’s covered in a course of financial management.

Budgeting

Organisations of every size are responsible for creating budgets of different kinds. A budget is set for the payroll, while another budget is created for managing the overall operating expenditure of the company. Budgeting is the job of the financial managers, as they get to decide how much money the company can afford to spend. Financial managers usually keep an eye on the amount of income generated by the company, as well as the expenditure incurred so that they can create viable budgets that won’t leave the company strapped for cash. Advanced budgeting skills are commonly taught in almost every course given on financial management these days.

Financial Analysis

Despite it not being their forte, many financial managers often have to carry out a financial analysis from time to time. A financial analysis of a company can be carried out to determine whether or not the company is in financially good condition. This is especially important if one company is going to take over another company or not.

If your parent firm is planning to buy out another company, they will want a detailed analysis of the company’s financials first to determine whether it’s worth buying out or not. You will be responsible for poring over their financial statements and ratios and making a decision about whether the company should make an investment or not. These are some of the main features of modern courses on financial management that are taught in most corporate training centres.

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Career

Ways a Warehouse Staffing Service Can Help You

If you run a successful and busy warehouse, it is important for you to have the right batch of employees to help you. A warehouse staffing service can help you with this in numerous ways. Instead of doing all of your own hiring, consider using a warehouse staffing service for these reasons.

Warehouse Staffing Service

1. Finding Job Prospects More Quickly

You might not have much time to waste when it comes to finding employees. Your business might suffer each day that you don’t have enough employees working, and your business could be falling behind on its deadlines right now. Plus, you might not have a lot of time to dedicate to finding employees, either, since you might have a lot of other warehouse-related responsibilities to worry about. With the help of a warehouse staffing service Tulsa OK, you can get employees hired quickly without having to do it yourself.

2. Handling Interviews

Interviewing employees can be tough. It can take a lot of time out of your day, and you might not really know which questions to ask so that you can choose the best possible employees, either. When you use a staffing service, you can let the staffing service handle the interviews for you. This can simplify the process for you and help you make sure that the interviewing is done properly.

3. Performing Drug Testing

It is important to make sure that your employees do not use any illegal drugs. This is especially important in a warehouse where they might handle dangerous equipment and expensive property. A staffing service can help with handling the drug testing for you so that you can ensure that you are hiring drug-free employees. This can help with maintaining a safe workplace for everyone who works there, can help with cutting down and preventing employee theft and can save you a lot of other hassles and issues.

4. Performing Background Checks

Lastly, you will probably want to have background checks done on any individuals who will be working for your business. After all, it’s important to hire employees that you can trust. You might not know how to do the background checks yourself, or you might not want to deal with the hassle. If you use the right staffing service, then you can feel good in knowing that employees who are sent to you for a job have already been through a background check. This doesn’t completely prevent problems, but it can help you a lot with making sure that you hire people you can trust to work for your business.

Instead of trying to find employees for your warehouse on your own, consider the many perks of using a staffing service. Don’t choose just any staffing service when you are looking for warehouse employees, though. Instead, consider using a staffing service that specifically works with warehouse owners and managers and others in industrial sectors. Then, you can make sure that the staffing service that you use truly understands your business and its employee-related needs.