Most people think that business school is just for:
- people who are interested in working in corporate America or
- people who were business majors in college
Master in business administration is really a misnomer. A better name for it would be an MLM or Masters in Leadership and Management. The skills taught in business school help students lead and manage teams. It could be a team of two or a team of two thousand. It just so happens that the dominate institution in the world today are businesses and therefore they take all of the talent coming out of the top business schools across the world.
Nowadays, MBAs are taking their skill sets to various types of organizations beyond just businesses. They are leading nonprofit organizations, government programs, social enterprises, and educational institutions.
At Stanford, they called people without a business background "poets". If you look at Stanford's class of 2010 profile , you'll see that 46% of students majored in the humanities or social sciences, 35% majored in engineering, mathematics, and natural sciences, and ONLY 19% majored in business related fields.
As minorities, our parents typically only respect medical and law degrees, but I encourage everyone who considers themselves to be a leader to consider pursuing a Masters in Leadership and Management (aka an MBA). It is perhaps the most valuable and flexible graduate degree there is.
Jullien GordonThe Personal Development Guru
>> More from Jullien
>> About Jullien
>> Visit MLT
