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by jimnotgym
2978 days ago
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In the UK there are MBA programs in every town that are willing to admit anyone who will pay. A provincial backwater I know of has recently opened a University (with various associations with other real institutions) and the first thing they opened was a business school. A person I know well with a poor academic background, no management experience and no-undergraduate degree joined an MBA program at a similar school. This person had just come into the finances necessary and wanted to jack in their job. After a year they realized that they were wasting their time, and this was not the route to management they were hoping for. In fact the school was packed with people from similar backgrounds, people trying to fill a few years. I advised them to do something else at the beginning which the subject took as me saying they were not capable. And this points at the fundamental dishonesty of the MBA at an institution like this. These people took this guys money in order to fill seats when they knew he was ill prepared for post-grad study and that the MBA, even if he got it, was not going to open any doors to him. It interests me that if you look at the CV's of board members at UK companies, take the FTSE 100 for instance and I don't see a lot of MBA's. Overwhemingy I would say the normal route into top level management in the UK is to do any undergraduate degree at a decent institution, then to join one of the Big Four accountancy firms as a trainee auditor. Throughout my career, in private business, listed companies, and private equity, I see people who are ex-Big4 in top positions. Outside of that there are lawyers, a few engineers and a few sales people. But if I were to be advising a 16 year old how to get into management, I have no doubt that I would be suggesting doing a degree they enjoy and using it to get into a Big-4 auditor. |
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