MBA

The rapid development of the contemporary business environment is shifted by the booming globalization and unprecedented changes caused by fierce competition on the global marketplace. Along with such remarkable transformations, the necessity of high-quality workforce is of ultimate importance.

The diverse marketplace necessitates tremendous changes due to the rapid expansion of global business. As both time and geographical borders are becoming more eliminated with each single day, the workforce is becoming more diverse.

The candidates that posses reputable educational degrees and obtain solid educational backgrounds stand much better chance to win prestigious vacancies in the conditions of competitive international working environment.

Considering current market requirements, the most optimal option for candidates is to take the courses aimed at interdisciplinary background to combine the necessary knowledge and skills in management, business, economics, accounting, marketing, social and behavioral sciences.

            In addition to this, as a future leader, I clearly comprehend that the contemporary highly-diverse business environments do not approve of the leaders that lack sufficient background, individual strategic vision (leadership style) and charismatic capacity to combine employee performances with the corporate goals.

            Hence, I have deliberately chosen the Business Management Programme in finance to be studied in the GF University.

            Under the contemporary conditions of the highly competitive global environment, financial management is perceived by the lead companies as the most effective tool to adjust the daily performance process to the designated goals. Therefore, I consider the fundamentals of business management as the basis for any managerial action taking place in the daily situations.

Taking all the abovementioned reasons into account, I would like my business management course to be full of real-to-life case studies revealing the core failures and mistakes made by the contemporary corporations.

Moreover, I fully realize that theoretical studies cannot replace the routine situations wherein erroneous decisions are not uncommon. Therefore, I would much like the study programme to emphasize on the priority of scenario planning for short-term, mid-term and long term periods.

I much hope that the intended Business Management Programme will apparently designate my personal transition from the theoretical knowledge of business management to the goal of once becoming a manager. I would like to pass the long-term gradual process to achieve this personal ambition of mine.

Initially, I understand that a good manager should possess strong personal qualities and be morally steady to cope and lead people. Such traits as patience, ability to compromise and both physical and moral endurance are on the forefront of the qualities required to be atop of the team.

Apart from personal traits, the profession of financial manager would require strong theoretical background supported by empirical skills to assess every situation adequately. In due context, it seems to me that good managers differ from the inadequate ones owing to their ability to intuitively evaluate situations, forecast their immediate developments, and find most optimal solutions to prevent/avoid problems, or at least lose the least while solving them.

In addition to this, I would like to emphasize my future goals and career aspirations on the scenario planning models. The models provide the wholesome approach to and vision of the organizational performance on each stage of its development. Namely scenario thinking enables to perceive the organization and its performance and development in the course of a decade or more which is crucial to the prioritizing on the specific goals to be achieved.

Backed up by the strong strategic financial vision, the company will apparently win the competitive advantage over its rivals that are mostly focused on the current priorities. However, future planning would not be possible without other three important aspects of the contemporary business, namely:

(1) Cutting-edge technologies that enable to advance the overall performance;

(2) Innovative marketing strategies that enable to win more customers; and

(3) R&D projects to implement advanced innovations in organizational performance. 

Therefore, I fully understand that the knowledge in other areas is not less important to achieve my future ambitions. I genuinely, hope that my last year in the GF University will be fruitful, and the Business Management Course will answer most of the questions I have accumulated so far.

            Such fair treatment based on professional qualities rather than individual features is reasonable and justified.  Based on qualifications, there is hardly any difference between pay rates; nonetheless, in most industries men still earn more than women. This indicates that discriminatory issues are more and more tolerated and the quality of education approved by a college degree is a real value at the contemporary marketplace