MBAs from a different world
By
Pilar Junco
Published:
July 16 2003 16:26 | Last Updated: July 16 2003 16:26
During
the strategy lecture, the Insead MBA students sitting in the amphitheatre
listened attentively to the story of how Coca Cola was struggling to maintain
its leadership position worldwide. A discussion started and soon we were all
debating the pros and cons of entering new product markets, using all sorts of
management lingo.
Titus,
the former astrophysicist, did not say much and later told me: "In science
you only say something when it is really meaningful: you never state the
obvious! Over time, I have learned to appreciate this kind of discussions; it
was very strange for me at first."
Thinking
about it, he's right. In our MBA classes, except when we learn something such
as accounting or finance, we never really do anything too complicated. Mostly
we apply educated common sense to different business problems. Compared to a
post-graduate degree in physics, medicine or law, we are not required to learn
off by heart volumes of data or, for that matter, complicated mathematical
models.
On the
other hand however, we learn through different examples and cases how varied,
intricate and broad the issues in business can be, in the hope that this wide
(albeit sometimes superficial) knowledge will allow us to face our future jobs
in finance, consulting or industry with more confidence.
During our
year at Insead the class content is enriched though the interaction with
students from many different backgrounds. While many of them came from
consulting, banking, entrepreneurship or other business areas, others have come
to Insead to change careers completely. It is their presence that often makes
the experience all the more interesting, since their views are often very
different from the ones held by students from a business background.
Titus
(32), for instance, spent more than seven years before coming to Insead as a
researcher in astrophysics in Amsterdam and at the California Institute of
Technology. During that time he made a breakthrough discovery: that gamma-ray
bursts are the biggest explosions in the universe.
Sometime
after this successful event however, he decided to change the direction of his
career: "I was offered a tenure track professorship and I wanted a new
challenge." His dream is to work in an environment where he can make the
most of his scientific and his business knowledge.
Other
students also want to narrow the gap between some of the specialist professions
and management in some companies. Markus, the 30 year-old German surgeon, for
instance, started his medicine career eight years ago with an MBA in mind. His
family has a history of entrepreneurship and they run several hospitals in
Germany. "It is a growing family business where you need both
understanding for medicine and business" he explains.
Charles, a
28-year old army officer, also wanted a change, but for different reasons. He
had spent 5 years in the British armed forces, following in the footsteps of
his father and grandfathers. Two years ago, he started thinking that he wanted
to have a career that would offer him a more stable lifestyle.
During his
early twenties he thought little about putting his life at risk on operations
abroad, but after getting married he realised that this lifestyle no longer
appealed to him. However, when he first tried to apply for positions in the
corporate world, he was repeatedly told that despite his leadership and team
management skills, he was lacking in business knowledge. He hopes that by
acquiring an MBA he will gain credibility in the eyes of corporate recruiters.
Other
career switchers hope the MBA will allow them to attain the managerial
positions that otherwise they would never reach. Rory, the 29-year-old
copywriter from the BBC, expected that an Insead MBA would propel him up the
career ladder to one of the higher-paying jobs in the media industry.
But pay is
not everything and unlike most of their banking or consulting peers, these
students treat salary more like a dummy variable in the equation that
determines their future career decisions. "Until now I have worked for
everything but money" says Titus, "and it is not a driver for
me."
They also
feel they have benefited more from the MBA curriculum because compared to most
of their peers, they do not have a professional or educational background in
business. "Some of us dropped maths when we were 17," says Charles,
which explains why some of them needed to spend more time in the library than
other students.
Christian
(34) is a German lawyer trained in the UK and the US. He believes that they
have not only benefited from what the professors teach them: "Some of our
careers were pretty specialised. The MBA has broadened my idea of what is
possible in terms of a career and opened a lot of doors. It really lets you tap
into a very wide network of people and experiences."
For him
the MBA was an opportunity to branch out into a different career where he also
hopes to make the most of his legal knowledge.
For all of
them the decision to change careers represented a challenge. Rory explains that
he spent a lot of time explaining to his friends, colleagues and family why he
wanted to leave his job and embark on such an expensive venture. "It felt
like a giant gamble. Now I am at the end, with two job offers, I can safely say
it has paid off. It has been an extremely difficult challenge, but that just
increases the personal satisfaction."
Christian
agrees and points out that for many people in specialised careers, starting an
MBA often means leaving their 'comfort zones'. "I feel rejuvenated by this
experience, the challenge was definitely worth it. Change is good." He
also explains that some of his peers and friends were actually a bit jealous.
Charles
adds: "It takes a certain type of personality to drop everything for a
year of studying in France. Despite our different backgrounds, nationalities,
and career paths, we all have a lot of things in common."
Despite
feeling sometimes like 'the odd ones out', they all agree that the initial
self-doubt and fears of failure that come with such a career change were
largely unnecessary and that the experience has just enforced their initial
reasons for doing the MBA. When asked if they regretted their decision, they
all said "No!" almost in unison.
But they
also all agreed that one of the things they found hardest was to produce lots
of power point slides "with little meaningful value added", unlike
their consultant or banking friends.