Floriana, Malta

Masters of Business Administration (MBA) in Leadership Excellence

Table of contents

⇑Masters of Business Administration (MBA) in Leadership Excellence at Ascencia Malta

Language: English Studies in English
Subject area: economy and administration
University website: www.ascenciamalta.edu.mt
more on the website:
www.ascenciamalta.edu.mt

⇑Definitions and quotes

Business
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Business Administration
Business administration is management of a business. It includes all aspects of overseeing and supervising business operations and related field which include Accounting, Finance and Marketing.
Excellence
Excellence is a talent or quality which is unusually good and so surpasses ordinary standards. It is also used as a standard of performance as measured e.g. through economic indicators.
Leadership
Leadership is both a research area and a practical skill encompassing the ability of an individual or organization to "lead" or guide other individuals, teams, or entire organizations. Specialist literature debates various viewpoints, contrasting Eastern and Western approaches to leadership, and also (within the West) United States versus European approaches. U.S. academic environments define leadership as "a process of social influence in which a person can enlist the aid and support of others in the accomplishment of a common task". Leadership seen from a European and non-academic perspective encompasses a view of a leader who can be moved not only by communitarian goals but also by the search for personal power.
Business Administration
We usually think of an individual doing administrative work not as an administrator, but as a businessman, an Army officer, or a civil servant. More specifically, we think of him, if he is a businessman, as a merchant, a production man, a sales manager, or a financial expert; while the Army officer may be a company commander, a staff officer, or a tactician; and the civil servant, a diplomat, a postmaster, or a revenue collector. It is true that all of these jobs involve administration: yet each of them is intimately bound up with a more or less specialized subject matter and it does not follow that a good production man win make a good diplomat or company commander.
Dan Throop Smith: "Education for Administration." Harvard Business Review, Spring 1945, vol. '3, p. 360
Excellence
Zahlreich sind die Lehrkanzeln, aber selten die weisen und edlen Lehrer. Zahlreich und groß sind die Hörsäle, doch wenig zahlreich die jungen Menschen, die ehrlich nach Wahrheit und Gerechtigkeit dürsten. Zahlreich spendet die Natur ihre Dutzendware, aber das Feinere erzeugt sie selten.
Numerous are the academic chairs, but rare are wise and noble teachers. Numerous and large are the lecture halls, but far from numerous the young men who genuinely thirst for truth and justice. Numerous are the wares that nature produces by the dozen, but her choice products are few. Albert Einstein, “On Academic Freedom,” Ideas and Opinions (1954) Albert Einstein, “On Academic Freedom,” Ideas and Opinions (1954)
Excellence
How miserable is the condition of men when the better a thing is, the further it recedes from our sight and the less it is recognized.
Philip Melanchthon, "In Praise of Eloquence," as translated by C. Salazar, in Orations on Philosophy and Education (Cambridge University Press: 1999), p. 62
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