MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level...
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Transcript of MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level...
![Page 1: MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level Prepare technical undergraduates for a career in management.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f125503460f94c25aa0/html5/thumbnails/1.jpg)
MBA Programs:Are they for you?
![Page 2: MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level Prepare technical undergraduates for a career in management.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f125503460f94c25aa0/html5/thumbnails/2.jpg)
Purpose of an MBA
• Provide skills to take careers to the next level
• Prepare technical undergraduates for a career in management– 25% are engineers
• Prepare functional managers for general management or new direction
![Page 3: MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level Prepare technical undergraduates for a career in management.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f125503460f94c25aa0/html5/thumbnails/3.jpg)
MBA Value Proposition• Develop hard and soft business skills– Economics, finance, marketing, etc.– Teamwork, communication
• Access to a network of faculty and students– Job search and career tracks– Business networking for financing, purchasing,
etc.• Recognized brand that signifies management
education• Salary increase ~ $20,000• 18% ROI
![Page 4: MBA Programs: Are they for you?. Purpose of an MBA Provide skills to take careers to the next level Prepare technical undergraduates for a career in management.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f125503460f94c25aa0/html5/thumbnails/4.jpg)
A Popular Degree
Number of MBA's
0
20,000
40,000
60,000
80,000
100,000
1965 1977 1998
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When?
• Traditional Programs–Minimum 3-5 years experience–Students major contributors
• Early Leaders –Direct from undergraduate
program–High potential based on grades
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What Type of Program?
• Full vs. Part Time• EMBA• Specialized vs. General• Quantitative vs. Qualitative• International focus–Thunderbird–University of South Carolina–Monterey Institute of International
Studies
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Program Format
• First year core–Functional course work
• Summer internship• Second year specialized
coursework
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Program Format: First Year
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Admission Process
• Take the GMAT–4 hour exam–Computer adaptive test–Can’t go back to check work
• GPA• Experience including internships
and summer work
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Researching an MBA Program
• Accredited?–AACSB; 393 accredited programs
• Rankings–Business Week, US News, Financial
Times–Helps to understand typical student
profile–Provides information on job placement
• Websites: mbazone.com