It certainly isn't true that an MBA is going to be the right or best choice for everyone who considers it. Recently Forbes online published an opinion column that gave a resounding thumbs down to taking the MBA path. There's no doubt that the article had some good arguments. It is true that business success will lie in one's ability to master processes of discovery regarding good idea and effective solutions. Heck, if you think you've already got that covered then maybe you should hang onto that $150k!
The thing is, of course, that an awful lot of people have found that the rigorous and structured learning environment of a top-level MBA program is the ideal environment for mastering just such skills and aptitudes. How do you know if it's right for you?
Here are a few questions you might ask yourself.
Let's say that you put absolutely no value on the academics. Surely, though, you value having a strong business community network. What other experience is going to give you one like an MBA will? The business superstars frequently come to guest lecture at the top schools. And even more important than their talks is the opportunity to socialize, which is never squandered. Furthermore, don't forget about your peers. Many of them will turn out to be the superstars of the future.
Make those valuable connections while you're all still climbing up the latter and you'll have the network of a lifetime to last your career. (Though, this does require, as we've emphasized elsewhere, choosing the right program for your chosen industry). And don't underestimate the value of a strong, well-placed alumni coterie.
Another perk you might not have fully thought through is the blank slate effect? You do kind of become a fresh new opportunity. This isn't to say that after an MBA your past experience is irrelevant. Of course not. What's different is that you are no longer limited by it. When some potential new employer regards you, freshly graduated from an MBA, what they see is no longer defined by your past.
Your past work history is no longer evaluated as a summary of your future potential. Now, your past work experience merely supplements your value as a prospective new colleague. But now you have the additional virtue of having demonstrated the initiative and exercised the discipline to better yourself; to in fact have equipped yourself with an exciting new skill set, body of knowledge and valuable professional connections. You're now full of the promise of new opportunities.
What about the benefits of challenging your comfort zone? It's all nice and good to talk about getting out there and mastering the discovery of new ideas and so on. But what does that really mean? How do you actually start doing that? An MBA is a deliberate decision on your part to remove yourself from your established routine and place yourself in an environment designed to challenge you.
You carve from your busy life the time to concentrate on personal improvement and advance. And you place yourself in a situation which will demand the best of you. If you can do that all on your own, that's excellent. But how many people fool themselves that they are (or will, someday soon) do so? When you take the leap and enrol in an MBA program, there's no fooling anyone. You've taken the challenge and have to rise to your best to succeed.
It's probably true that a lot of money and time is wasted on MBA pursuits that might have been better left unfulfilled. However, even aside of the curriculum there are many subtle, though extremely beneficial, perks of an MBA which it would be a mistake to underestimate. These are some the questions you should be asking yourself to be sure that it's the right choice for you.
The thing is, of course, that an awful lot of people have found that the rigorous and structured learning environment of a top-level MBA program is the ideal environment for mastering just such skills and aptitudes. How do you know if it's right for you?
Here are a few questions you might ask yourself.
Let's say that you put absolutely no value on the academics. Surely, though, you value having a strong business community network. What other experience is going to give you one like an MBA will? The business superstars frequently come to guest lecture at the top schools. And even more important than their talks is the opportunity to socialize, which is never squandered. Furthermore, don't forget about your peers. Many of them will turn out to be the superstars of the future.
Make those valuable connections while you're all still climbing up the latter and you'll have the network of a lifetime to last your career. (Though, this does require, as we've emphasized elsewhere, choosing the right program for your chosen industry). And don't underestimate the value of a strong, well-placed alumni coterie.
Another perk you might not have fully thought through is the blank slate effect? You do kind of become a fresh new opportunity. This isn't to say that after an MBA your past experience is irrelevant. Of course not. What's different is that you are no longer limited by it. When some potential new employer regards you, freshly graduated from an MBA, what they see is no longer defined by your past.
Your past work history is no longer evaluated as a summary of your future potential. Now, your past work experience merely supplements your value as a prospective new colleague. But now you have the additional virtue of having demonstrated the initiative and exercised the discipline to better yourself; to in fact have equipped yourself with an exciting new skill set, body of knowledge and valuable professional connections. You're now full of the promise of new opportunities.
What about the benefits of challenging your comfort zone? It's all nice and good to talk about getting out there and mastering the discovery of new ideas and so on. But what does that really mean? How do you actually start doing that? An MBA is a deliberate decision on your part to remove yourself from your established routine and place yourself in an environment designed to challenge you.
You carve from your busy life the time to concentrate on personal improvement and advance. And you place yourself in a situation which will demand the best of you. If you can do that all on your own, that's excellent. But how many people fool themselves that they are (or will, someday soon) do so? When you take the leap and enrol in an MBA program, there's no fooling anyone. You've taken the challenge and have to rise to your best to succeed.
It's probably true that a lot of money and time is wasted on MBA pursuits that might have been better left unfulfilled. However, even aside of the curriculum there are many subtle, though extremely beneficial, perks of an MBA which it would be a mistake to underestimate. These are some the questions you should be asking yourself to be sure that it's the right choice for you.
About the Author:
Thomas Ryerson provides excellent analysis of program rankings at the blog site Undergraduate Business School Rankings.
via oneofthebest
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