In the right place at the right time

Article Abstract:

An MBA degree is generally acknowledged as a career-booster. However, it is most useful when the person is in the right place at the right time. A degree does not automatically guarantee a brilliant career. Two important success factors are at what point in one's career the degree is earned, preferably in the late 20s or early 30s, and where the degree is obtained. Many companies prefer to recruit MBAs only from highly respected business schools, such as Harvard, Stanford and Wharton in the US, INSEAD in France, the London Business School in the UK, and IMD in Switzerland. Accountants aspiring for an MBA degree has other factors to consider, including cost and time. In the UK, MBA studies can cost between 4,000 and 20,000 pounds sterling in tuition alone. With regard to time constraints, there are a number of schools offering part-time and distance learning programs. Two accountants with MBA degrees are profiled.

Evaluation, Management, Education, Master of business administration degree, Study and teaching, Accountants

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Could you take the director's chair?

Article Abstract:

Rising to the position of group finance director is often difficult for finance controllers and even for finance directors of subsidiaries. One reason for this is their lack of board level experience which is a requirement for chief financial officers. Another factor is the significant differences between the nature of the two jobs. Finance controllers and subsidiary finance directors concentrate mostly on financial accounts while group finance directors are required to be skilled in various other areas. However, although jumping to the top level may be difficult, it is not totally impossible for individuals who possess appropriate characteristics, including confidence, knowledge and understanding of the firm's business and a strict sense of discipline to do so. Being group finance director can be quite lucrative, with salaries ranging from around 27,000 pounds sterling to more than 500,000 pounds.

Chief financial officers, Vocational guidance

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Insurance begins at home

Article Abstract:

Permanent health insurance (PHI) is designed to provide housewives, househusbands and non-working single parents coverage against disability and death. The number of house persons availing of these policies remains few due to the limitations of existing policies and the lack of marketing efforts geared towards the non-working female sector. Insurance companies have also expressed hesitation in providing maximum benefits because of the risk associated with malingering tendencies. In the UK, Commercial Union was the first to offer PHI policies. City of Westminster Assurance currently provides the greatest flexibility in its Total Protection Plus plan which does not have a precribed financial limit.

Life insurance, Fire, marine, and casualty insurance, Usage, Services, Insurance industry, Life insurance industry, Health insurance, Insurance, Housewives, Househusbands, Commercial Union Insurance Cos., City of Westminster Assurance

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