I was talking to a group of business people earlier this week about how they can recruit the right people for their business. We talked at length about the ways in which graduates need to spend time working in jobs after they gain their qualifications, in order to absorb the work ethos that they need in order to be useful to their employers. We also talked about the value of graduate qualifications.
When we discussed MBA graduates, one employer said that he had noticed how much more effective his latest MBA recruit was. This graduate had studied an online MBA while working at a junior management position. The employer said that in his opinion this was as good as if not better than an apprenticeship, allowing the graduate to combine theory and practice over a long period of time. In his opinion this person was really likely to make senior management because of his pragmatic and practical approach to management.
Another question on the GMAT test as an entry to an MBA program is how long the test actually takes. In fact it's in three parts, two lasting for 75 minutes and one lasting for 30 minutes, with breaks in between. So you only actually have to spend around 4 hours to change your life.
Interestingly, anecdotally there is a direct relationship between how good you are at passing the GMAT test and how well you are likely to do in your MBA. Although I've not been able to find any direct research, there are plenty of stories about this, and GMAC says that they have developed the tests so that they are good predictors of success.
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