Definition of MBA

MBA (Master of Business Administration) is a professional higher education program allowing obtaining a Master of Business Administration. This is the most popular international business qualification respected throughout the world. This program aims to build skills of a high-professional manager with a broad and versatile knowledge in business management.

Qualification appeared in the U.S. about 90 years ago. Today, more than 1000 business schools, universities, and institutions around the world offer an MBA.

The main reason to get an MBA

The main reason why students want to get an MBA is a real prospect of higher wages, as well as opening new opportunities in their careers. The salary of MBA graduates is $ 60 – 90 thousand a year. The quality program develops students’ personal skills and at the same time expands their knowledge in management in the context of global business, enhances prospects for future career and helps to show professional potential. Many students receiving an MBA view their qualification as a sort of ‘pass’ to occupy a high position in a large company.

The MBA Program

The MBA program is intended primarily for people graduated from college and work in their specialty. It helps them gaining experience and understanding the acquired knowledge is not enough already. Getting an MBA allows its holder not only filling a lack of education, but also greatly accelerating career growth, or changing profile of activity.

MBA program attracts both successful business owners and managers of large companies, banks, recent students seeking to make a successful career in business.

To enter the MBA program, one should have a graduate degree in any field and some experience in business, as well as pass an interview and testing. As a general rule, applicants must pass a general GMAT exam, which is a series of tests. Students with a native language other than English are also required to pass a Test of English Language-TOEFL.

In most business schools, the school year starts in September and October. Despite the fact filing deadline comes in April or May, it is better to obtain an application form and all necessary documents at the beginning of the calendar year you plan to start studying.

More Difficult To Choose A School

Every year, students feel more difficult to choose a school, as they are becoming so numerous. Britain has more than 114 schools offering MBA degrees. While choosing the institution and programs, one should ascertain: whether an institution is accredited by a national or international organization? If we are talking about schools in the UK, it is the Association of MBA (AMBA), in the USA – American Assembly of Collegiate Schools of Business (AACSB).… Read More

Database Virtualization: Why It Matters

When it comes to database deployment, the IT industry is accustomed to the traditional way. Typically, IT companies configure large database clusters with large amounts of disk and lots of memory before entering the database. This standard database – which exists in just a single computer – utilizes one server for the storage of information sets, which will consequently expand or contract whenever data is stored or taken, respectively.

Database Virtualization: Why It Matters

Use of The Database

Standard databases are generally easy to maintain; however, their hardware places a limit to database queries and simultaneous usage. Moreover, the standard database becomes less accessible whenever computer or network problems arise. As such, standard databases offer less convenience to users.

In the present era characterized by the need for quick access to new data and databases, IT-reliant businesses are recognizing the need to evaluate their business and software strategies.

In an effort to boost international business marketing, companies are tapping into considerable data from an extensive array of resources. Vast amounts of data such as pharmaceutical data, social network data, device or sensor data as well as weblogs are becoming more relevant than ever.

In this regard, IT companies are looking for ways to make use of database technologies that allow them to effectively manage and control vital business information. Database deployment, for one, became the focus of efforts for improvement. As a result, database virtualization came into being.

A comprehensive online resource for business intelligence, B-Eye-Network explains that virtualization, in its very essence, is not new to the IT industry. The roots of the technology can be traced back to the 1960s – the era of paging which utilized virtual memory. From thereon, the virtualization of networks, processors, operating systems and databases followed suit, as business and software strategies became more and more advanced.

Use of The Database Virtualization

Essentially, database virtualization utilizes database software to decouple the database layer allowing for the extension of hardware. The concept is aimed at facilitating the sharing of resources between users and applications by masking the database’s configuration and location.

From the user’s perspective, people using virtual databases are able to continue to use the same programs with data that can be accessed in a quicker fashion, as fewer users are now querying from a single location. Downtime is also lessened with the database being spread out over various sites.

Database virtualization also automates the replication and backup processes, making the otherwise time-consuming task highly efficient. Thus, when network or computer network failures unexpectedly occur, all data in alternate locations are preserved. The technology also benefits administrators by making it convenient to take certain sections offline for purposes of maintenance or repair.

By decentralizing databases, database virtualization improves computing scalability. The use of technology also eases database management and makes faster databases.

Notably, these result in a significant reduction in the cost of maintenance that is expected of massive database systems.


Needless to say, efficient database management helps IT businesses in their everyday operations, such as in … Read More

The Stock Market and Stock Market News

The Stock Market and Stock Market News

The stock market or equity market is a public entity for trading in company shares (shares) and derivatives at an agreed price. Shares listed and traded on a stock exchange which is an entity of a company or mutual organization specifically in the business of bringing buyers and sellers of the organization to the list of shares and joint securities. Participants in the stock market include individual retail investors, institutional investors such as mutual funds, banks, insurance companies and hedge funds, and also public companies that trade their own shares. Their orders usually end with a professional on the stock market, who executes a buying or selling order.

The purpose of stock exchange is to facilitate the exchange of securities between buyers and sellers, thus providing a (virtual or real) market. Exchanges provide real-time trading information on registered securities, facilitating price discovery. Some exchanges are physical locations where transactions are carried out on the trading floor, with a method known as open protest. This type of auction is used on stock exchanges and commodity exchanges where traders can enter offers and verbal offers simultaneously. Another type of stock exchange is a virtual type, consisting of computer networks where trading is carried out electronically through traders. Actual trading is based on the auction market model where potential buyers bid a certain price for a stock and potential sellers ask for a certain price for the stock. When the supply and demand prices match, a sale occurs, based on who comes first to be served first if there are several bidders or askers at a certain price.

A few decades ago, worldwide, buyers and sellers were individual investors, like wealthy entrepreneurs, usually with a long family history for certain companies. Over time, institutions such as pension funds, insurance companies, and mutual funds have become major players in the stock market. The emergence of institutional investors has brought some improvement in market operations. One improvement is that costs have been significantly reduced for ‘small’ investors.

The stock market provides a large amount of information every day. And the rise of small investors in the stock market has led to increased demand for news. News analysis consists of tracking, recording, analyzing, and interpreting fluxes and their changes. Such analysis can include the performance of well-known and not-so-famous companies. This form of journalism can also cover news and feature articles about people, places and issues related to the stock market in particular and the financial industry in general.

Stock market news is disseminated in various ways. Most newspapers, magazines, radio and television news programs carry segments dedicated to the trends of the trading day. However, the internet has quickly become the medium of choice for a large number of stock market news observers. On the internet, such people not only get the latest trade reports, but also detailed and in-depth financial journalism.… Read More

Forex Trading Based on Real Time News

Forex Trading Based on Real Time News

Forex trading relies on the valuations of currencies against one another, or their exchange rate, measured in ten thousandths of a unit of currency. Drivers for changes in the valuation of an exchange pair can be strongly driven by financial news events, and one sort of strategy for forex trading is to make hedged guesses on how various financial news events will affect trading pairs. It’s not without risks.

For Forex news in the financial sector, the large banks that make the spot markets where forex trading happens pay a premium to get their information first, before it even hits the market. If you’re trading from home, or through a broker, you’re going to be behind the information lag curve, which usually means you’re a trailing trader, not a leading one. This isn’t the end of the world and a lot of sound investing can be done this way, but for a day trade strategy, seconds can mean thousands of dollars.

When there are events that destabilize currency pairs, the changes in the markets can be swift – and brutal. The banks that run the markets can capitalize on small swings through the use of leveraged assets. Private investors should look at volatile markets as a chance to lose big, and play accordingly.

There are longer term news patterns that can be played out. For example, hurricanes on the American gulf coast will drive the value of the dollar up relative to other currencies, because the bulk of the Western Hemisphere’s oil refinery capacity is there. Likewise, anything that impacts the security of oil production will have an impact that can be predicted on the currency markets.

What you do need to be certain of is that you’re reading a news item, and not making a bet because the news item reinforces your existing positions or prejudices. Particularly if it’s a news item that hits you emotionally, your judgment will be suspect. Look for the long term trend indicators; for instance, with the current ‘bailout’ program, the US is effectively going to be inflating its currency; how much the dollar gets inflated compared to other financial stimulus programs run by other governments will determine the new normative value for currency pairs. It’s worth paying attention to the foreign news so you can spot these trends.

As an active trader, in the day trading market, you’re going to be at the mercy of regularly predicted news events, like the London close, or the Tokyo opening. In most cases, you want to close out your trading before these events so that you’re not as exposed to wild shifts. Other events include announcements of monetary policy (usually in London and the Federal Reserve Board setting the intrabank lending rate in the US).

Most cautious forex traders will avoid trading when the markets are volatile, and they’ll use news stories (and categories of news stories) as proxies for overall volatility. In short, it pays to pay attention to the news as a forex trader.… Read More

Food Delivery Service Business – 5 Main Reasons to Start One

Food Delivery Service Business - 5 Main Reasons to Start One

Why is it profitable to start a food delivery service business? This is the reason. Food.

The food business is a multi-billion dollar industry. Every year, more and more restaurants, fast food chains are earning large amounts of income / profits by serving food at home. That is, they put up fast food chains, restaurants, food stores and spent huge investments in marketing and advertising to attract customers and make their brands “branded” into the stomach and the subconscious of every consumer.

To find your place in the highly competitive food industry only means you have to stay in the kitchen and enjoy the competition.

But what if there is an untapped angle from this multi-billion business where you can start small, without the need for big marketing or advertising and still make big profits?

This is where the food delivery service business comes in. Listed below are 5 main reasons why it is possible to start a food business even when you have no experience in the food industry. Why is it profitable and how can you make a big profit in this food business opportunity.

Why Start a Food Delivery Service Business

1. Food delivery services are still an untapped food business opportunity.

The idea of ​​restaurant food delivery has only begun to stretch and has not yet been fully utilized by large investors, companies or established food businesses. Providing food from multi-restaurants is still a new idea for most food industries.

And because this is a new idea, more consumers will be happy to try this service if they have it in their area. Especially if they can get their favorite restaurant food or dishes without leaving their home or office.

2. You can run this shipping service part time or full time

Running your own restaurant, food chain or simple food stall, requires that you spend most of your time managing all aspects of the business. After you set up your own food shop or restaurant, most of your time will be spent at your business location.

On the other hand, food delivery services are flexible in terms of the time you spend managing them. You can do it full time, but you can still make this business work for you even if you have another business, daily work or you just want to limit the hours spent on your business.

3. Not too much paper that functions to accumulate.

This business is not too difficult to handle in terms of tracking your receivables and debts. Restaurant delivery services function by asking your customers to pay for food delivery before you pay for restaurants. However, not all restaurants allow this system and you must have a good understanding or agreement about payment and order. A professional system and a clear proposal will help you negotiate with the restaurant of your choice.

4. Don’t need a big investment.

For those who are thinking of starting their own business, especially during this recession, they are mostly worried about … Read More