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Online MBA ForumMonday, September 25, 2006Experience
I've been reading an article that looked at companies' attitudes to employing MBAs. Interestingly out of the five multinationals, there were two who didn't actively recruit MBAs, although they admitted that the skills that can come along with the people can be very useful.
The single sentiment that came through from the five companies was that MBA graduates needed experience and specialist knowledge as well as the knowledge and skills they learned on the MBA program. The comments centered around the fact that an MBA indicated potential, but that the person had to work to fulfil that potential and that there were no guarentees that holding an MBA gave automatic access to the top jobs. Interestingly, those companies who actively recruited MBA graduates said that although they had relationships with some business schools, they would consider graduates from any MBA program. # posted by Mary @ 3:16 PM
Comments:
I think this shows that companies are being reasonable about the value of an MBA here. Going through a specific academic program is one thing (a valuable one of course) but that has to be backed up by more detailed knowledge of the real world of work as well. It's one thing to know that, from looking at the P&L accounts, expenses need to be cut somewhere. It's quite another to look someone in the eye for the first time as you lay them off.
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MBAs, education in any academic sense, are both useful and important, but then so is the education prvided by experience out in the real world as well. Which is, of course, why people pay so much attention to our other interests and experiences on our CVs. Those with nothing but study in that section rarely get the good jobs. # posted by failingeconomist : 1:08 AM
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