What specific benefits do MBA students stand to gain?
Certainly they will gain management skills and knowledge in areas where they may not have had formal training, like finance, marketing, organizational design, or human resources. Perhaps in their company they have a particular strength in one area but they have not been exposed to others. This gives them a formal framework for management skills. Second, getting a graduate degree is an excellent networking opportunity that gives them exposure for their business to their professors and fellow students. And there may be the ability to get consulting on their business-specific problems in class projects. Large companies often pay for, or at least subsidize, their employees’ higher educations. You think that smaller companies should look into doing the same? Speaking with my students who are evaluating potential job offers, one of the things they look at are professional development opportunities. And they often choose larger corporations’ offers because they see that option. I think that s
