What do I really really want?
One discussion panel later on the future of business education at Chicago Booth’s London campus I feel the need to reflect and challenge myself with three questions that were posed during the event.
1. Do I really, really need a MBA?
2. Is a professional qualification better eg CFA, or maybe even an accounting qualification?
3. What do you want from a MBA? Is it all about buying a network?
Do I really, really need a MBA
Excellent question. The speaker at the event seemed to assume that if you have a good undergrad that all you need. I would say at 24 that might be true. Now for me it’s not. I have two option go deeper into my expertise or go for more breadth. Deeper in my world is a MSc in data analytics or something of that ilk. But I left that world behind for a Reason, I’ve chosen to go broader.
But broader has left me with a problem in the external job market. Lack of specialised skill to sell or particular sector expertise market. So if I want to move in the job market I need to do something else. MBA seems like a good answer.
Is a professional qualification better
This time last month I would have said I had all the professional qualifications I needed. This month the office has signed me up to do an industry recognised qualification in corporate finance. Yes, I know work for the public sector. But this what happens when you not only move teams you get new directors! So I’m getting an industry qualification but a MBA will compliment it, not replace it. Getting the industry qualification may even help me get into a MBA programme.
But there was a good case made by the CFA (Chartered Financial Analyst) rep at the event if you want to move industry it might be better to sit an industry exam of the field you want to move to. And it’s probably cheaper!
What do you want from a MBA
Thankfully, after going to the states I have much better idea about this one! So let’s see. I want to learn new skills and change career. But I also want to be challenged by my contemporaries both in and out of class. It not about buying a network; I can do that cheaper in other ways. I want case study method that allows me to apply the theory to practice and think about the wider issues. But I want the cases to be written by the University and fairly new and have an international dimension.
But one issue, if you had to ask where would I rather be: sitting in the class or teaching the MBA class; I would choose teaching it.