This is a continuation of the blog here in waytomba.com with the same title as a Part 1. Here is the Part 2. There will also be a concluding blog after this post.
In-Depth Interview With An MBA Grad
In an interview with Ann Frances Wood, the person behind Brains over Blonde, she revealed the details of her experience with getting an MBA.
She never really left Bay Area. As an undergrad, she was a graduate of UC Berkeley and designed her major, Organizations, and Leadership. She worked at Google for about four years and then got into Stanford for her MBA.
(Questions were rephrased to its closest meaning.)
Q: Why did you feel the need to acquire an MBA?
Early on, she already knew she wanted to pursue an MBA especially since she had been thinking about business school even back then. When she worked at Google, she felt like having a new challenge and learning, and that was when she started.
Q: How was the application process and the whole experience for you? For example, selecting your school and the likes.
One year was for thinking about if it was right for her and the second one was for studying GMAT and getting test scores for the schools she planned to apply to and then the application process. The whole thing induced a lot of self-reflection which made her grow. She then managed to get into her dream school.
Q: What do you like best about your MBA program?
Her experience with MBA was the best two years she had experienced. There were lots of lessons both about business and life that she learned. She also learned more about herself and what she wanted to be. There were close friends that she made and the most challenging part of those two years were her accounting classes.
Q: How was your internship? Did the school assist you?
She self-sourced her internships despite the help Stanford could give because she had a goal. It was to work for a female founder as a startup CEO. She went there and helped with making important decisions. It helped her find her own company later on.
Q: After your MBA graduation, how was your life?
MBA changed her life especially with how she looks at life, her possibilities, and her relationships with people.
Q: Any wise words to future MBA program hopefuls?
Understand what you want and choose the one that fits you as each school has their character.
The MBA Program
You might be familiar with how the college curriculum works. In MBAs, the curriculums vary on the programs as the classes differ. There might be the foundation, core, and elective courses.
This is important if you do not have a background in business. It usually includes business finance and statistics that are practical and theoretical in concepts.
This usually involves skills in accounting, economics, finance and many more. Core courses not only build these but also the soft skills like leadership. No matter your specialization, you have to complete a certain amount of credits in core classes concerning crucial concepts in business administration.
Electives Or Concentration Courses
The elective you will choose will largely depend on you and your interest. This can help you learn more about a specific area that can help you in your concentration. Examples are accounting, entrepreneurship, and information technology management.
This may differ on every program as programs have different requirements. Sometimes the capstone can be a mock business, creating a business proposal while taking into consideration a real client, or having a professional portfolio.
As mentioned earlier, the programs differ based on the schools. Charlton College of Business can be used as an example in explaining the courses as it offers one of the top MBA curriculums.
Foundation classes are financial accounting, statistical analysis, and economics concepts for managers. These courses are for those without a background in business. They’re lecture-based and will give oversight on the subjects with context to business.
In UMass, you’re required to have 21 credits of the core curriculum which involves advanced organizational behavior, accounting for decision making, IT management, and the marketing strategy. The lectures practice experiential learning and student-centered discussion so the students can practice their problem-solving skills.
Electives Or Concentration Courses
There are ten concentrations with UMass: accounting, business analytics, finance, marketing, leadership, supply chain management and information systems, environmental policy, health systems management, international business, or public management.
This is the peak of the overall MBA program. Their capstone lets the student delve into a competition to prepare them for the real world of business. This also teaches them to improve on their strategies aimed at operations towards the international market.
How Long Does It Take To Get An MBA?
The length can be affected by many factors like the school’s offering. Going on an accelerated program will naturally be faster as compared to a part-time one. Some schools would allow you to have more than one class at a time while some would limit you to a certain amount of credit only.