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Wednesday, April 26, 2006

Using Your MBA Opportunities

One of my good friends studied for his Executive MBA last year in Insead in Switzerland, one of the top MBA institutions in Europe. His program was full-time, although he studied most of the time at home, with tuition blocks and online programs during the year, and group work in different related institutions, including ones in France and Singapore.

Throughout the year he used the tuition and exposure to professors, lecturers and business consultants to develop and refine several business propositions that he had, until at last he had selected one that he thought had the best chance of success.

This year he has used Insead contacts to find some seed capital and develop the proposal into a good business plan plus a prototype of his product. He is well on the way to finding venture capital funding to bring his product to market and to build his company.

# posted by Mary @ 7:28 PM  
Comments:
What’s the old saying? It’s not what you know but who?
This is pretty good advice for work in any walk of life. Obviously, in an MBA program you’re exposed to not only the course work, the books and so on, but to experts in business who are actually teaching it all. It’s also true that your fellow MBA students are going to be going into the banks, the accounting companies and perhaps some of them will be entrepreneurs as well.
So as well as hitting the books it makes sense to do some networking: see, there is an excuse to go to the coffee shop or bar with your fellow students. You never know when those contacts are going to pay off!
# posted by failingeconomist : 11:41 AM
 
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