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I may be a learned scholar, a successful businessman, or a good father and husband, but until I am all three, I have not succeeded. Wilson Ng

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08. What Good is an MBA?

July 31st, 2005 by Administrator
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I just finished by MBA. Is it the end of the road? Or the beginning?

I have a wealth of notes, readings, observations during the MBA days which have been very fruitful that I will want to share. But the main issue I would like to share is whether the MBA was really worth it? Some food for thought for those who are contemplating to start. What good is an MBA degree?

I had different thoughts about it twelve years ago when I was yearning to get one. I had different thoughts on it almost three years ago when I started the program, and I now have different thoughts on it now that I have finished. I don’t know if my thinking is more relevant to what you want to know, but I am sure I will be more credible and authoritative to sound it off now that I am done with it. So I am now speaking from first hand experience rather than wishful think.

I have seen many people who think they have had it made when they graduate. It is as if their days of cultivation is over, and they are now in harvest mode. In fact, in most parts of Asia, the responsibility of the parent is UPTO when the child graduates from college or university. After that, you are supposed to be MADE and can be on your own. That is so far from the truth. A new degree signals a new beginning, with emphasis on beginning. The hard work is not over — it will just be in a different form. In fact, just like marriage, the romance ( and the challenge) should just be beginning, not ending.

Many people get a degree, especially an MBA for career employment and promotion. They don’t usually think so, but act as if when they get the degree, their career is made. This wrong notion will not do damage, but it will hamper the person IF he thinks that getting a degree is more important than learning the skills that the degree represents.

Which essentially brings me to what I really want to say:

Your degree will open a door, but how far you walked into the door ( which defines your accomplishment and success) will still depend on what you have inside - your skills , your creativity, your motivation, your initiative etc.

It will open doors in the sense that when you send your CV, people will pick you out easily from other ten applicants who may not have an MBA. It will open doors in the sense that the manager may be willing to give you five minutes more interview or ten minutes more time to present your case. But you get that job still because of what you were able to do, or accomplished — in this case how far you can walk into a door that has been opened.

By and itself, it is not worth much, except when new. But if after ten or twenty years of work, if your work does not speak for itself, and all you can still boast about is that MBA you got so many years ago, then it may just highlight an expectation that you were not able to fulfill. Your MBA opening doors from you should mean that in the next 10 years of your work, you are expected to walk farther into the door than if you have not gotten one. That would be the true measure of your degree. In short, the value is not how high or far it places you initially, but how far it enables you to move forward.

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Posted in On Life |

3 Responses

  1. Administrator Says:

    Test comment

  2. Mark Says:

    Great insights. :-)

    Related to your point, I’ve been thinking about how to re-structure b-school programs so that it adds more value to professionals and entrepreneurs in the business world. I think that opening doors for graduates should not be the only objective of MBA programs; it should strive for more than that. How to do that exactly is still unclear in my mind though. Hopefully, things will be clearer for me in the next few months.

  3. Administrator Says:

    I guess the best way to let people learn is to let them experience by doing, and allowing them to fail…

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