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Monday, February 21, 2011

why do engineers do mba

You're an engineer. You've reached the limit of your technical job and you're looking down the barrel of being promoted from specialist management as a chief engineer or plant manager to a leadership position as operations manager or general manager.

Trouble is, these roles require skills they didn't teach you in your engineering degree-skills like being responsible for other people's performance, for financial and marketing issues, leading transformational change in your organisation and for managing relationships with suppliers and buyers.

You could blunder around, bluff your way through the maze, or simply rely on learning on the job- or you could seriously consider re-skilling with an MBA.

Which MBA is right for you?

Choosing the right MBA program is a good start. The classic, career-changing MBAs are full-time immersion programs. They take 16-months and you'll need to put your job on hold or leave it and get a new job afterwards.

The part-time MBA, which can also be done on week-ends at some business schools, takes longer but provides more flexibility. It means you can combine full-time work with study.

The Executive MBA comprises intensive bouts of residential study in-between several months off, when you return to full-time work. It's a high-level program for senior professionals over 40, with ten years working experience, who have been identified by their employers for the next C-suite role.

All MBAs require substantial investment-not just financially, but more so in time and family support. For this reason, you want to choose a school that does it seriously.

Choosing the right school

Do your homework. There is so much information about business schools, including many rankings. These rankings are public and carry weight. Find out what they are, how they are constructed, and whether they resonate with you.

Get out and visit some business schools. If there's graffiti on the desk, then it's an undergraduate school, not a business school.

Ask to meet the faculty. Meet the students and sit in on some classes. What is the evidence that the school transforms people? What do alumni say about the program? What is the evidence that this school is personal?

Finally look at the size of classes, the interaction with the faculty, the flexibility and the individual support. Does the school care about the outcome of the individual or are they just a face in the crowd?

Smart employers use the MBA to give their high potential future general managers the chance to improve their skills before they are tested by failure.

The best business schools will provide you with a business case to present to your employer that justifies the benefits of an MBA education.

What do I get out of an MBA?

The MBA was actually developed as a degree for technical professionals-primarily engineers. In fact, at most business schools, about a third of all MBA students are engineers.

An MBA is a chance to acquire confidence, learn from others and to build a network of people who have similar interests, but who are not rivals. In a few years time your fellow students will be partners in accounting firms, law firms, CFOs, CEOs, CLOs and they will be friends you can turn to for advice.

And for the employer, MBAs deliver a more valuable employee with a broader range of skills that is well worth considering.

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