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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 25% are engineers Prepare functional managers for general management or new direction MBA Value Proposition

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MBA Programs:

Are they for you?


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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


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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



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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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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


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