May 192017
 

By Martin

When you hear the phrase “best business school”, the usual suspects include Harvard, Stanford and Yale. These three names often come up in conversations and debates on what the top business schools in the United States are – and even globally – are.

But you'll be surprised to find other names on the list of top ranked business schools and universities, with some of them even adjudged to be better than the three mentioned. In the following discussion, we will be taking a look at business school rankings and identify the leading universities when it comes to their business programs.

Before that, however, it would be a good idea to have a bit of a background on these rankings, and how they are formulated.

RANKING BUSINESS SCHOOLS

There are several websites, organizations and agencies that release their own rankings, using their own sets of criteria as a guideline or basis for coming up with the ranks. The most trusted “rankers” include:

Forbes

According to Forbes, their ranking is based solely on the return on investment of the graduates of the business schools in the 5 years since they completed or earned their MBA. This means they consider parameters such as average base salary, signing bonus and employment rate, among others.

They basically make a comparison of the earnings of the alumni within the 5-year period and the total compensation that they have foregone while attending business school, combined with the cost of tuition and other fees paid during the period of attendance.

Currently, Stanford University's Graduate School of Business tops Forbes' list of best business schools, followed closely by Harvard Business School and Northwestern University's Kellogg School of Management.

Bloomberg Businessweek

The ranking index used by Bloomberg Businessweek is comprised of the evaluation from surveys done with employers ...read more

Source:: Business School Rankings: Factors and List of Leading Universities

Apr 182017
 

By Anastasia

Biggest Mistakes Made by Freelancers (and How to Avoid them)

For those of us who have been freelancers for a while, you can attest that it's quite easy to make mistakes that can compromise your work and relationships with your clients. With minimal accountability and no one to delegate duties to, it is very easy to ruin an entire project and ruin your reputation, rocking the boat with your client.

Chances are, if you have been freelancing for a while you have made quite a number of mistakes and if you are new to freelancing, chances are you will make yours in time. The truth is, even with a lot of guidance from the internet, ease of work due to technological advancements, and easily available information, there are errors that human beings are just prone to. As the old adage goes… Human is to Error… and mistakes are a part of our growing process.

As a freelancer, some of the mistakes you will make will be small, for example, minor typos in your text, while other bigger ones may be detrimental to your career. The bottom line is mistakes have the potential to set you back and damage your business. However, there is no reason to be too hard on yourself, mistakes will be made even in a conventional 9 to 5 job. The important thing is that you learn from each mistake in order to become a better freelancer and entrepreneur.

In order to ensure that you don't commit some of the most significant career-endangering mistakes, this article has compiled some of the biggest mistakes made by freelancers and how to avoid them yourself.

You are receiving advice from someone who has made quite a number of the mistakes we will be discussing so pay attention and by the end of this article you will be able to avoid these costly errors in ...read more

Source:: Biggest Mistakes Made by Freelancers (and How to Avoid them)

Apr 172017
 

By Anastasia

Product of Your Environment? How the Company You Keep Determines Your Growth and Success

The other day I was speaking to a friend late at night. The subject of the conversation was; what does it really take to attain success and everything you want out of life? I've known this person for close to four years now and I can honestly say he is one of the smartest and most perceptive people I have ever met… and as expected he said something profound that I've been mauling over since our conversation.

I'm fairly sure you have heard that famous John Rohn statement,

‘You are the average of the five people you spend the most time with.'

It's a statement I have heard severally but never really took into account until my friend told me that one of the most overlooked factors for achieving success is the people you choose to surround yourself with, that they play a significant role in your character, your ambitions… and ultimately how successful you will be.

Whether you realize it or not, the company you keep plays a huge role in who you are. Think about any period in your life when you were introduced to a totally new crowd, for example, when you transferred schools, or joined boarding school, or moved to a different city… Didn't you adopt the new place's slang, mannerisms, popular way of dressing, even their perceptions of various issues?

Yes it's much easier to be influenced by your environment as a kid but do not for a second assume that as a young adult or a grown up you are impervious, because I assure you that you are not.

Spend enough time in any crowd and you are bound to pick up a trait, a habit, a point of view… or two. Coupled with your own thoughts, habits, mannerisms… what you pick up from the people around you integrates to ...read more

Source:: Product of Your Environment? How the Company You Keep Determines Your Growth and Success

Apr 162017
 

By Anastasia

The Positive of Painful Experiences

What is pain? Pain is defined a mental, physical, or emotional suffering in the dictionary.

A lot of us tend to see pain as a negative experience and it is our desire to avoid pain as much as possible, and understandably so. But unfortunately, pain is an inevitable consequence of life and we have to deal with whether we like it or not. When it eventually befalls us, we should try as much as possible to turn it into a positive experience. ‘What doesn't kill you makes you stronger.' Understanding the positive aspects of experiencing pain can help us do this better.

‘Feel the pain till it hurts no more.' – Shakespeare

You may be wondering, what is so positive about pain? What is he talking about?

Well for one, there is strength that you gain from pain once it has subsided. Once the initial shock of the pain has passed you are able to see what you have learned from it and how it has made you a more resilient individual. For example, when you have fallen sick don't your eyes suddenly open up to all the blessings you have before you? Don't you suddenly realize what all the important things in life are?

That was just but an example of how pain can have a positive result. Physical pain, however, can always go away, unlike emotional/mental pain, which may linger for a lifetime if not handled correctly. One way to handle this kind of pain is to change your perspective of it. Emotional/mental pain has the capacity to wear you down because your mind controls everything that you do.

‘I think therefore I am.' – Rene Descartes

Your thoughts have the capacity to put you in a prison and incapacitate you. Although this may sound extreme, I think it is necessary ...read more

Source:: The Positive of Painful Experiences

Apr 152017
 

By Anastasia

Why Formal Education is not Synonymous to Success

Have you ever heard someone say that if they could just go back to school and get their degree they would be successful? Or if they could only get their Master's degree they would be better off?

I have heard several statements of the same effect and every time I hear such statements I always ask, ‘Why are you waiting for a piece of paper to determine your life's story?'

‘Tomorrow is my exam, but I don't care because a single sheet of paper can't decide my future.' – Thomas Edison

Sure, if you are looking for professional white-collar employment it may be necessary for you to have gone the whole nine yards in formal education and attained that degree or that Master's degree. But is this the only road to success? If you are anything like me, the answer is definite ‘No'.

Don't get me wrong, I think education is very important and I'm currently pursuing my LLB degree but that's only because I am passionate about social change and I feel that this avenue would better position me to effect the kind of change the world around me needs.

However, at the same time I refuse to believe that formal education and being an employee is the only way I can end up being a success in life. If you are anything like me, you believe in creating employment, being creative, being an entrepreneur…you appreciate freedom and you would simply make a bad employee.

The common perception that going all the way through college and getting a good payment package from a big company is getting old… This is why the unemployment level is on the rise even for graduates, everyone is just waiting around to be ‘employed', and no one is willing to create employment. This might have worked out well for Baby ...read more

Source:: Why Formal Education is not Synonymous to Success

Apr 142017
 

By Anastasia

Ultimate List of Leading Job Search Engines (and Which One You Should Use)

Ask your folks how it worked back then, when they were right out of college and were looking for a job. You'd probably hear (horror) stories of them spending hours and hours poring over piles and piles of newspapers and classified ad dailies, making marks on job wanted ads and similar postings.

Then they'll spend countless more hours making calls to the numbers indicated on the ads and, more often than not, the long list that they started out with will be shortened drastically into only a handful of prospects.

You'd probably hear a lot about how much of a nightmare it was, trying to look for possible job vacancies. For them, looking for job postings was as much of a battle as the process of getting the job.

Fast forward decades later, with the internet pretty much reigning over even the most mundane tasks, and your folks are probably thinking they were born a century early. If they had the conveniences that we have today back then, they'd probably have had an easier and less stressful time of it. Faster, too.

You should consider yourself lucky, thinking how the process of job-hunting has been considerably shortened. And who do you have to thank for that?

The numerous job search engines and job portals now up and online, of course!

JOB SEARCH ENGINES – WHAT ARE THEY AND WHAT DO THEY DO?

You are probably familiar with a “job board”. Many companies have them, and you've probably even used at least one or two of them before. A job board is simply one of the several types of employment websites, or websites that deal specifically with employment or building careers.

A job board is a website where employers can make postings about vacant job positions, providing information on the job requirements, hoping that jobseekers will spot the postings ...read more

Source:: Ultimate List of Leading Job Search Engines (and Which One You Should Use)

Apr 132017
 

By Anastasia

Essentials of Corporate Finance

To run a business, you need to know about capital – without money, operating a business becomes an impossible task. When it comes to knowing where, when and how to get the capital and perhaps more importantly, how to allocate the capital and make use of it, you must learn about corporate finance.

So, what are the essentials of corporate finance? Let's examine the concept in a nutshell, study its core concepts and understand its relationship with investment banking.

CORPORATE FINANCE IN A NUTSHELL

When it comes to learning about things and understanding issues, you first need to know the value of the information. You need to know the meaning of what you are trying to comprehend.

Essentially, you need to ask yourself why the essentials of corporate finance matter to you. The quite simple answer is that you can't run a business without corporate finance.

Every single corporation and business out there will involve itself with corporate finance because it is all about the different financial activities a company is required to perform for operating. Corporations need corporate finance to operate and more specifically to create value.

Whether your business is small or large, you most likely have a dedicated person or even a department to oversee the financial activities – to look after the corporate finance of the organization and ensure the business is not failing due to its financial handling.

What kind of issues does corporate finance deal with? Some of the typical questions you could deal with include answering things like:

  • Should the company invest in the proposed investment?
  • Should the company make payments with equity or debt, or a bit of both?
  • Should the shareholders receive dividends on the investments they make in the company?

The final example above points out to a crucial aspect of corporate finance, which deals with shareholders and the value they ...read more

Source:: Essentials of Corporate Finance

Apr 122017
 

By Anastasia

Effective Ways Of Handling Employee Grievance

We all complain about our bosses (mostly behind their backs).

With that in mind, it would be silly to expect our employees (or juniors) not to complain about one thing or another in the workplace.

To hear an employee complaining about having a hard time with their tasks, or even day to day interaction with other employees, is already something that happens in many different companies. How you handle these complaints can easily mean the difference between being the superboss everyone wants to work for and the dictator responsible for everybody's problems.

Most companies have measures in place to deal with those complaints and resolve any problems. These measures could be in the form of company policies or programs that specifically focus on resolving issues employees have within the workplace, whether it has something to do with their job or with their co-workers.

The perspective shifts greatly when the complaints from employees are directed towards their employers. There has always been a stigma attached to employees complaining against their employer, and this goes back to the old times. Stories of masters and slaves have been told through the ages. If a slave openly expressed their opinions on what they considered to be the shortcomings of their masters, things did not end well.

Don't get excited. Your employees are not your slaves.

Stories like those have been retold over and over as time went by, even as corporate and workplace cultures have evolved. Employees who complain against their employers were, more often than not, viewed as ungrateful, showing no gratitude because the act seems dangerously close to “biting the hand that feeds them”. That's probably the reason why for a long time most employees would exploit all possible avenues of solving a problem before approaching the boss.

Today, times have changed in favor of these employees and workers. ...read more

Source:: Effective Ways Of Handling Employee Grievance

Apr 112017
 

By Anastasia

What is an Employee Assistance Plan?

If you are an employee, or you were one in the past, there's a good chance that you have heard of an EAP, which is short for Employee Assistance Program or Employee Assistance Plan. Even if you have never heard of it, it's one of those phrases that you can easily understand from the meaning of the words. Quite probably, the word that will stick out is “assistance”, and this is something that every employee needs to know about, and every employer needs to consider implementing.

The simple definition is that an EAP is an assistance plan provided to you by your boss. It is more than just a set of policies and rules on providing some sort of assistance to employees. It is a plan that affects not just employees but also the employers that developed, designed and are implementing the EAP.

THE LOWDOWN ON EMPLOYEE ASSISTANCE PLANS

It is pretty straightforward, actually. EAPs are essentially “benefit programs” that are set up to help you when it comes to dealing with work-related or personal problems. They can even help you on both fronts. These programs also deal with other difficulties or issues that have a significant effect on job performance, physical and mental health, as well as your overall emotional well-being.

The program is your boss' defense when you accuse him of not caring.

How EAPs have taken root

We all know how bosses can sometimes be a pain in the ass. What could possibly have caused them to think about your well-being when designing these programs?

The onset of EAPs can be traced to the first half of the 21st century. During the 1930s, companies noticed how the culture of workplace alcoholism or drinking on the job was adversely affecting the job performance and overall productivity of employees. Soon, companies started setting up alcoholism programs ...read more

Source:: What is an Employee Assistance Plan?

Apr 102017
 

By Martin

Data Structure And Algorithms (DSA) Tutorial

There is no denying that the computer is one of the greatest inventions of all time. In fact, it is now quite difficult to imagine a world without computers or, to be more precise, the uses and benefits that computers offer. To say that computers have made lives easier would be an understatement. In fact, we can readily rattle off several areas where computers play a major role in solving problems or providing solutions to make tasks easier and actually doable.

However, there are those who would refute the benefits of using a computer, stating that, instead of making their lives easier, it actually added more complexity to things, resulting in errors, mistakes, and unsatisfactory output. Worse, these shortcomings is likely to have an impact on major decisions

Certainly, one of the core functionalities (and benefits) of computers is in data management, from collecting raw data and processing them into information, to their storage and even up to the point where they will have to be retrieved to be used for one purpose or another.

It is to this end that much focus has to be placed on the organization of data for easier retrieval when they are required. In order to ensure that, organizations and businesses are careful about choosing which computer program to use. A program is essentially a sequence of instructions – written in computer language – in carrying out a task. The creation of these instructions and their subsequent input into the computer in order to completely become a program is referred to as “programming”.

In this discussion, we will be taking a closer look at the two components of a good computer program: data structures and algorithms, also known as DSA. These two must be present in a program to ensure that it does what it supposed, or designed, ...read more

Source:: Data Structure and Algorithms (DSA) Tutorial

%d bloggers like this: