Steve Jobs: Famous entrepreneur of Apple Computers Inc.

Though he was not the richest among the greatest business minds from all over the globe but he always has been hailed as one of the most charismatic, celebrated and famous college dropouts who revolutionized business management in a new way. His empire earning status as per the record available until his recent death stood at a figure of $7 billion. But the real charisma and the reason for his tremendous popularity lies in somewhere else other than the mere figure of his earning. He has been college dropouts from the Reed College and within a decade made a brand image which is associated with a wide array of scientifically relevant, user friendly, stylish and innovative products, applications and services. Virtually the apple products stormed the world quite successively for many consecutive years and revered as one of the most respected brands in computer hardware, mobile devices and associated technological applications.

Mark Zuckerberg: The founder entrepreneur of Facebook

Today hardly anyone doubts about the worldwide dominance of Facebook as the leading brand among all the social networking sites. The idea of Facebook has been conceived in a dormitory room at Harvard University, and before completing his education at the university Mark Zuckerberg stormed the business and scientific community with one of the greatest business idea of the history. The net income worth of Mark Zuckerberg stands at a whopping figure of $ 17 billion and with social networking continuously making unprecedented access in to almost all layers of society across the globe, he is sure to enjoy many leaps ahead. From 2004 to present moment, his idea of Facebook is arguably the greatest success story in the business world.

Bill Gates and Paul Allen: Founder Entrepreneur of Microsoft

It can well be said that in the educated community of the world there would hardly be any person who did not hear about Microsoft. It holds the record of being one of the few companies which topped in the list of world’s biggest companies consecutively for so many years. Bill gates dropped out of Harvard University just after a year to start working with Paul Allen who has also been a college dropout from Washington State University. In 1975 they jointly founded Microsoft Corporation and the rest of the history is one of the greatest ranges of innovation that the business world has ever seen.

Michael Dell: Founder entrepreneur of Dell Computers.

Michel Dell started his company in the college dormitory room when studying at University of Texas. Soon he dropped the college education and started his business for full time. In 1992 his company became listed among the fortune five hundred companies and he set a new record of being the youngest CEO of a fortune five hundred company. His rise as a business leader is almost meteoric among the famous college dropouts who revolutionized the business management and innovation.

Mike Lazaridis: Founder entrepreneur of Blackberry Inc.

Mike Lazaridis was about to complete his graduate degree from the Waterloo University in Ontario, Canada, when he had been requested to join the research team in General Motors to research on mobility with a contract of half million dollar. He dropped his college education and within few years, in the year 2002 his research paved the way for the introduction of the Blackberry smart phone which with its innovativeness and need specific technological brilliance stormed the market of mobile phone devices.

The management principles of business world and scientific research as well as innovation never ceased to be nourished in the hands of people who could not bear the constraint of formal education for working on their ideas with the freedom of their imaginative faculty. The above instances of famous college dropouts who revolutionized the business management and innovation only prove this.

1) Finance
Financial management training program prepares the employee in the modern practices and working knowledge in regard to various financial disciplines like, profit and loss account, cost management, financial analysis in relation to competitive companies and vendors, evaluation of growth standard, financial budget etc.

2) Business Administration
Management training in the field of business administration which is so designated as leadership training is mainly focused on preparing the executives for bigger responsibilities within the company and in the leadership positions in the industry. These objective of this type of management training program is to build future leaders who can prosper in fulfilling the short term and long term business objective of the company.

3) Marketing
This is regarded to be one of the key disciplines of management training program conducted by any institute or promoted by any company. The management training program in marketing looks after the training and knowledge as well as concept building measures in many skill areas of marketing like, branding and promotion, sales and distribution management, customer relationship management, public relations, market research and marketing strategy, effective marketing tools, etc.

4) Strategic Management
Management training program in strategic management is specially for the senior and leadership position of the company. In most of the cases the managerial people of the company are prone to think in day to day operational as well as tactical terms which leaves no scope for long term strategic moves. Management training program on strategic management helps to build the necessary acumen and vision to maximise the business process outcome through long term strategic moves.

5) Human Resource
Human resource is the core discipline in regard to application of management principles in the business process of any company. Management training program in human resource prepares the human resource managers and executives of the company in multiple skills related with work place environment, employee rewards, recognition, remuneration and grievances, integrity of the employee with the vision and values of the company, performance measuring and enhancing, talent hunting and hiring etc.

Only five major disciplines are discussed here in relation to the study in a management training program and these five areas of study acquire the maximum level of importance in the study in a management training program.

Human Resource Management Training Programs
Human resource management program trains the aspirants for a human resource administrative or management jobs. This type of management training program make the student specialized in dealing with the employees of organizations in relation to different work place environment and specific job tasks. Through this management training program the aspirant learns to manage different issues of grievances, compliance with the regulation, remuneration and recognition, maintaining a healthy work place environment, improving employee productivity, retention of employee in the job, recruitment of competent employee and career growth of employees. Though it is a highly debatable selection, but this article strongly recommend for 5 major human resource management training programs of three reputed institutions in USA, namely, New York University, Rochester Institute of Technology and American Intercontinental University.

Marketing Management Training Programs
A marketing management training program is typically focused on the learning of promotional and sells techniques in relation to the range of the products and services of a company. With the onset of globalization as the most dominant market principle, the focus of marketing management of present time is largely on the marketing and sells of the products and services in the global market place. Some of the best institutions in this discipline of management in USA are Harvard University Business School, International Institute of Management in Las Vegas and American Management Association Training Program.

Business Management Training Programs
This vast discipline of management training focuses mainly on the business administration, competence, development and innovation in fulfilling the long term and short term goals of various business organizations. The wide range of disciplines and specializations that a business management training program covers, can be divided into the gross categories of planning, organizing, monitoring and controlling, leading and motivating. Some of the best institutions offering this type of management training programs are Harvard University, Stanford University and New York University.

Hospitality Management Training Programs
As the effects of recession and economic slowdown is too visible in multiple factors of work pressure and lay-offs across the hotel and hospitality facilities in USA, the career in hospitality industry has become very demanding and the aspirants with a degree in hospitality management training program are certainly in a more advantageous position than the people with general educational qualifications. Some of the best institutions offering this type of management are Florida International University of Hospitality Management, Cornell University Hospital Management Program and University of Nevada in Las Vegas.

To conclude, as the demand of specialization is touching optimum level in regard to various types of management training programs, it is recommended to analyze one’s natural academic inclination and competence level before opting for a particular management training program.

The curriculum of management training program covers topics such as business strategy, effective communication, financial planning, professional development, sales and marketing, etc. The managers will also be trained for building team, managing business meetings, etc. Besides, they must also learn how to handle time management and performance review. While some training programs focus on collaboration, change management and problem solving, some others handle topics such as coaching and mentoring, handling complaints, delegation skills, etc. Additionally, the management training course also covers topics such as emotional intelligence, ethics, diversity, etc.

Management training is very crucial for a successful transition in a company. In this era of information technology, managers must be prepared to face numerous and varied situations. They must also be able to react very quickly, effectively, appropriately and confidently. Demand for efficient managers is very high in the industry. Therefore, most of them are devoting time for undergoing management training. This will help them to meet their objectives and avoid last minute deadline crunches.

Most of the management training institutions are providing specialized training in the functions of human resources. This is the major problem many managers are facing in an organization. Therefore, they will get specialized training in evaluating performance, retention strategies, handling employment law issues, etc. Management training helps a new leader for developing vision and mission statements, making an organizational structure, strategic plans, etc. It is proved that successful leaders and managers can make positive impact on the retention of employees. Solving the performance problems of employees in an organization is beneficial for everyone in a company. Therefore, most of the companies consider that management training program has greater role in leading a company in the success path.

Various institutions are providing online management training to the managers. Online courses offer same types of topics through seminars and workshops. This is more convenient for most of the companies and employees. The management training programs will vary depending on the area of business.

Stress Management

People must learn to handle pressure from work places and homes effectively. It is essential for keeping physical and mental health of a person. Stress management training program uses a number of stress reduction strategies and tools for helping people to relax their mind and bodies. Under this training program, you will get professional training from psychologists, life skill coaches, social workers, counselors, etc. The stress management trainers evaluate the reasons and level of stress. After this, they provide methods to tackle this problem. Stress leads to poor performance in work place. Stress management training can be offered to the whole staff in an organization or to a specific group of employees.

Employees are also getting corporate training, leadership training, management training and organisational development, management development training, management leadership training, project management, business strategy management, managerial economics and leadership, business law, business management, operations management, finance management, management accounting, marketing management, human resource management, etc.