Showing posts with label MBA. Show all posts
Showing posts with label MBA. Show all posts

Friday, 9 March 2007

Work-ex for an MBA at ISB

As an ISBian, I keep getting queries from potential applicants whether their profile is good enough to be selected at ISB. One of the more worrying aspects for many aspirants is the amount of work experience they need before they can apply. ISB has a policy that reads
Preferably two years of full-time post qualification work experience.
We'll come back to my interpretation of the "preferably" in this statement in a short while, let me look at the aspirants first. Some of these people are really young; it's not rare to come across people in their final year of graduation and they go - "How should I spend my next two years before I apply to ISB?". Whew! talk about focus! Do you know why you want to do an MBA, I ask. And the reply usually starts with "ummm..."

Back to the subject - the number of years of work-ex is just one method of quantifying how much you have worked. The other method to measure the work-ex, perhaps not quantitatively, is to look at one's résumé. When one writes one's résumé, it takes a single line to mention how many years one has worked. What about the other lines? What is the story that they tell? Do they speak of a leadership that raised the value of your organisation? Does it speak of a benchmark you set for yourself, or for others? Does it speak of knowledge? Does it say that you chased your professional desire? Well, what does it speak of?

At the end of the day, when ISB's admission committee receives a huge bunch of profiles, it's the résumés that are going to get compared (yes, there are some other things that get compared too - a GMAT score, recommendations, essays, yadda yadda yadda - but let's stick to CVs for now). Naturally, a person who has worked for long would have a greater chance of having a richer résumé than one who's worked for say, just a year.

I also came this article earlier today: Opposing the Youth Movement. It justifies business schools seeking only those who have lots of work-ex. Essentially,
The whole concept of an MBA program is based around peer-to-peer learning—people coming with diverse experiences into a structured framework, where they're learning potentially how to run a business. So I don't feel that people who have experience are going to gain as much from [a program that admits undergrads]
This is probably a good description of the thought process running at ISB.

Right, so what can an ISB aspirant draw from all that's written above? Here would be my quick list:
  1. Forget an MBA - focus on your career. When the time to think about an MBA comes, you will know.
  2. Pick a career that gives you exposure to multiple aspects of business. B-schools value diversity all the way - in fact, a person who has spent two years in a programming job, followed by two years in sales might have a better looking résumé than one who's done four years purely in sales. Not trying to make a blanket statement here - but do think about it.
  3. Try to stay with an organisation long enough to have seen different aspects & levels of the company's hierarchy. Unless you've spent enough time to experience hierarchy first-hand, it might get difficult to learn from it, or comment on it.
If you prefer to comment or ask questions by e-mail about this post, my address is pqtsocss@trashmail.net.

Tuesday, 26 December 2006

What MGTO missed out

Watch Kramer vs Kramer or Jerry Maguire? The scenes where the two chaps get fired are pretty neat, eh? Here's a thought. Would an MBA grad be able to fire the two characters any differently?

Is there a fundamental disconnect from being an MBA grad and being a manager? Sure, an MBA (maybe) teaches us the quant skills and the hard facts to look out for when we are running a show. But then, doesn't it take a bit more to be a manager? Let's go back to the firing aspect - how would I, as an MBA grad, be able to tell a subordinate that he is going to lose his job, because of no fault of his? Should I take solace in the fact that it is a decision based on profitability?

A lot of companies go through crunch situations, and lay people off at one time or the other. Strangely, some people are willing to go back and work for the very same companies when times improve. I think that probably happens out of goodwill, more than anything else, of the managers. And I doubt one can learn how to create that goodwill at a b-school. Yeah, you could have courses which focus on how to improve one's personality, and how one should train oneself to react to situations; you could also have other influences during an MBA program, such as ideas of social responsibility. That, however, is one end of the spectrum. On the other end, an MBA might teach you how ensuring goodwill with fired employees reduces recruitment cost later. Somewhere between these two extremes is where MBA programs are creating the manager of today.

MGTO = Management of Organisations, a course we had in the fourth term, one of the few people-related courses we've had.