MBA Degrees Can Help Struggling Companies
February 5, 2009
By the My MBA Career Content Team – Find Top MBA Degree Programs
MBA students with an interest in helping struggling companies regain their footing have an opportunity to put their know-how to work in the coming weeks.
The Turnaround Management Association announced the Carl Marks Student Paper Competition this week, offering a $3,000 first prize and $1,500 second prize for student papers on corporate renewal. Winners will also be flown to Phoenix in October to accept their prizes at the TMA annual convention.
"This competition offers an excellent opportunity for MBA students to showcase their ideas and provides a research resource for professionals in the corporate renewal industry," said Rob Katz of the TMA in a statement.
According to the group's website, the TMA is an international nonprofit devoted to corporate renewal and turnaround, which involves the restructuring of distressed companies. Members include lenders, auctioneers, attorneys and appraisers.
If you're interested in pursuing an MBA degree, this is a good time to learn more about corporate renewal, with more companies than ever struggling to survive. With the right advanced business training, you can help save jobs and improve the economy. And with many opportunities available for online MBA programs, chances are you can find one that meets your schedule and budget.
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