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Rishabh
Researcher, Seattle - Education
Do MBA programs provide industry specific training ? Or are programs training to provide broader knowledge?
Hi Rishabh! While some institutions offer sector-specific MBA programs (eg. IIM Ahmedabad in Food and Agri Business Management; Amity offers MBA in Construction Management, etc), I feel that the only reason to do an MBA is to acquire the ability to understand businesses across sectors and not just limit oneself to one sector. While there are certain roles within every sector that require specialist understanding, many of the business roles need a wider perspective, the ability to connect the dots and solve a wide variety of problems. You should read David Epstein’s book “Range - Why Generalists Triumph in a Specialized World”.
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In most cases, an MBA is a general management program aimed at helping future leaders get an industry wide overview in key areas like Strategy, Marketing, Finance, Economics, Organisational Behaviour etc. Some courses you choose could very well lean towards your interest, skills and career choices like Finance, HR or Marketing. As a researcher (not sure about what you do exactly), you may look to an MBA to add to your skill sets with a view to get into the senior levels in a research organisation or use the knowledge to spin off, at a later stage, into your own research company.
Damini - This helps. Thank You.
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- 2 Answer
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- 07-09-2024