MBA-WORLD, MBA 2010
 
Main Menu
MBA World Directory
Best world MBA
Best US MBA
MBA Articles
MBA Admissions
MBA Video
Search
Contact Us
MBA WORLD site map
TASMAC London




MBA and gambling Print E-mail

This year the whole clubs of students from Harvard and Columbia Business School became first signs which have gone on development of Vegas. MIT is going to repeat the visit, Stanford plans to follow colleagues in the near future.«Las Vegas is epicentre of tourism and service sphere, however for MBA it is a new field», - Tad Pearlstine says, who organised a trip of Columbia to a neon city. He together with others MBA considers, that the gaming is a sphere where the graduate of business school can be realised under the full program. Strategic planning and the analysis are easily combined with holiday atmosphere.

The situation in the gaming also varies. More and more casinos refuse the former methods and prefer refined financial and marketing programs. «Our preparation in management sphere can help to optimise casino business. For example, such at first sight simple thing as free drinks and snack for clients. At the rash policy it threatens with casino bankrupt, and by process optimisation a profit will increase», Maria Taft, the president of club of travel in Stanford says.

Las Vegas is only a top of an iceberg of change of preferences of MBA. Some students, certainly, prefer traditional spheres - consulting and investment banks. However others, gone through crisis of the labour market which has begun in 2001, have paid the attention to other spheres. And even now, when in sphere of consulting and investment banks there were many interested employers, the situation has not changed - many graduates push luck in other spheres.

Students in Columbia, for example, are extremely keen on sector of the goods for luxury. In the list of recruiters of the schools Chanel, Polo Ralph Lauren and Brooks Brothers are registered for a long time. Graduates of this school also like sphere of entertainments and media, therefore Walt Disney and Paramount are in honour.

Though in the mentioned above companies the salaries are much more lower average salaries in consulting firms, graduates notice, that work is more interesting. «I do not have purpose to earn millions, I simply wish to enjoy work  which I do», - Eric Pergament, a graduate of Columbia who works as an expert in marketing in MGM Grand says. «Work in investment banks is slavery, and at last many MBA have understood this», - it continues.
However, coming back to a casino, the sphere yet has not ripened to flow with MBA.

«Usually career is built in the following way: you start to work on an ordinary post and slowly promote upwards», - James Gankos, a graduate of Harvard tells. «In a gaming everything is not so. Therefore our main task is to convince such companies that they need MBA», - he argues.

Among giants only Harrah perceives MBA with respect. Last year the company has employed 10 MBAs, this year plans already 25.

«We very much would like to see in our team MBA with excellent knowledge of the finance and retail trade. Moreover, these people should manage to transfer the knowledge and abilities in gaming sphere», chief executive of  Harrah Gary Lavmen tells. He is frankly glad to the fact, that at students show interest to gaming sphere. «Earlier many of them hesitated of an inscription in the resume« a casino », however now times have changed - more likely, it became honourable», - supplements Lavmen.

Some casinos follow the example of Harrah. Las Vegas Sands  which posess hotel-casino Venetian, employs on summer practice  students from Berkeley and Wharton. Possibility the offer of work for some especially gifted students is in the long term considered.

These are excellent news to members of club of risk and gamblings of University of Chicago who wish to see in a campus the representatives of a casino. At Chicago as at any other school, it is simple expressed bent  to passion, let's just recollect at least the championship on poker which passed in January. During the game it was possible for some students to meet potential employers, chiefs of casinos.

However as all have been concentrated on game, serious conversation did not happen. Leonard Kuperman has returned to a campus richer for $7,000 and he declared, that adores a casino. However it has not prevented him to sign the contract on end of school with investment bank. The main argument is that: «the Casino is an entertainment for adults, but not a place for work».

 

Bookmark and Share


Popular
Latest