Is I-banking the only way to go??

Denzera
Fri, 18 May 2007 22:20:38 +0000

Most MBAs, particularly those which aren’t at the very top MBA programs, are gotten by people in the middle of their career in order to propel themselves into a management position - perhaps with their old firm (who may pay for it), perhaps with someone else.

It’s also very typical for people to get MBAs in order to get a career change. Business school is probably the best opportunity you can have to get a chance to expose yourself to a wide variety of fields, and then get hired as a manager there, or with some position of responsibility (at least if it’s one of the better schools).

You know how, in former eras, having a law degree was sort of the union card for making a difference in society and being able to do important work? In order to be in politics, and all that? The MBA is becoming (or has recently become) the multi-purpose degree of the 21st century. Go read Richard Montauk’s book on getting into business school, even the first chapter, and it’ll explain why people get MBAs.