However, one of the primary areas in which students who earn an MBA Public Administration degree should focus their academic and professional efforts is their knowledge and experience in the administrative field. This is the first step towards becoming a successful administrator. Students should not overlook the fact that it is a complex and dynamic field and it requires a wide variety of skills to be successful. The most effective students should have an understanding of the different areas of study in an organization and how they can best contribute to the success of the business entity.
As mentioned earlier, there are four main areas of study in the administrative field. They include the human resources area, which are focused on the recruitment and retention of qualified individuals in the human resource department; human capital management; financial management; and strategic planning and management of resources. An important component of this area of study is learning how to manage human resources, especially through the identification, development and assessment of human resources needs, and how to evaluate human resources candidates.
There are many areas of study that lead up to and are directly related to the human resources department of the business. It includes understanding the principles of merit-based hiring and the principles of hiring and promotion, such as the development of a career objective and a strategy for career advancement. Other areas of study include how to recruit and retain qualified staff through an effective communication process and employee relations programs and how to develop a competitive compensation and benefit package.
A major component of human capital management is the development and management of a business’s intellectual capital. This is the ability to research, design, and implement strategies that increase a company’s capacity to achieve its competitive advantages. The emphasis in human capital management is on the management of intellectual capital, including research and development, the allocation of resources for growth and development, and the development of strategic plans.
Financial management is a key area of study in the MBA Public Administration degree. A major component of this area is studying how to manage an organization’s financial resources. There are a variety of issues to consider, such as analyzing the current and future financial state of the business and developing and implementing an effective financial strategy. In addition to this, financial management is also related to the management of corporate finance, such as understanding how the business is structured financially and developing the internal processes necessary to effectively manage and control the business’s finances.
In terms of strategic planning, there is a major focus in the MBA public administration degree program on strategic planning, which is the study of the organizational process, including the decision-making process. An important component of strategic planning is the ability to identify and analyze the various issues that need to be considered in order to identify opportunities to improve or change the way the organization operates and to create an improved organizational structure. Learning about the organizational development process, and how it affects the overall performance of the organization, is also part of this area of study.
An important aspect of strategic planning is learning how to implement the strategies that you learned in the MBA program by implementing them into the everyday operations of the organization. An important part of this process is creating a vision statement that outline the objectives of the organization, as well as the objectives that the organization aspires to reach in the future. Learning about how to implement strategies that have been proven effective is also an important component of this area of study.