Churchman University's MBA degree program has added a course on reorganization and bankruptcy. The economic crisis has brought unprecedented challenges to the job market, but it also brings opportunities. Currently, there is a shortage of professionals in small and medium-sized enterprise financing, reorganization, and bankruptcy protection in areas such as finance, taxation, and auditing at Churchman Business School. A senior official from Churchman University stated, "Although Churchman University has a history of nearly a century, its courses have always been at the forefront of the times." This time, the content of reorganization and bankruptcy courses has been strengthened in a timely manner in BBA, MBA, EMBA, and DBA programs at Churchman Business School, allowing students to adapt more quickly to employment requirements upon graduation.
Bankruptcy reorganization refers to when a company's liabilities exceed its assets; the management can apply to the court for bankruptcy reorganization. Once approved, creditors cannot demand payment from the bankrupt company. The law allows the same company's management to propose a reorganization plan to creditors, which may include deferred debt repayment, suspension of dividend distribution, cessation of debt principal payments, interest-only payments, and reduction of unsecured claims. Typically, creditors have no choice but to agree with the managers' reorganization plan because if the company goes immediately into bankruptcy and liquidation, the remaining assets might be negligible. However, after reorganization, the company might survive the recession and generate substantial profits.
Churchman University’s distance learning business degree program enables mid-to-high-level managers worldwide to study online anytime and anywhere without affecting their current work, take exams online, and submit papers online. The degree obtained through this program is exactly the same as one earned on campus and is the preferred educational model for mid-to-high-level managers globally, including in Europe, America, and China.
Churchman University's bilingual (English-Spanish and English-Chinese) courses are very popular among multinational companies. The university offers MBA, undergraduate, master's, and doctoral degrees. The low-income scholarships provided by the school, once successfully applied for, require only a few thousand dollars to complete the degree.
Churchman University campuses are located in Pennsylvania, California, Texas, and other places in the United States. The earliest established branch, Churchman Business School, was founded in 1911 and has a history of nearly a century. It is one of the oldest business schools in the United States, specializing in cultivating high-end talent for the American financial industry. In the "National MBA Rankings for Business Schools," this century-old prestigious university ranks 17th.
In addition to Churchman University, the teaching quality of several other century-old prestigious universities in the United States, such as Boston University and Brown University, is also consistently recognized by white-collar professionals in China.
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