INTERVIEW with "The Business Times"
(Singapore)
http://business-times.asia1.com.sg/home
Full Interview by Lynn Lee with
ART's Managing Director
Topic:
"Choosing the Right MBA Programme"
Question 1) Do all employers look for postgraduate
qualifications? What is the most preferred qualification?
Answer: "Corporations typically call us in to help
them identify people who are already in the upper management or middle
management ranks. When recruiting these candidates, most companies,
large and small, Singaporean and international, usually look first and
foremost at the candidate's employment experience, and at his or her
achievements and management style. A person with a truly outstanding
employment record can get a great senior management job without an MBA
or other advanced degrees, but sometimes companies might decide that
they only will interview candidates with MBA's or, if they are looking
at candidates with similar achievements and abilities, they might give
an edge to the one with the MBA. For manufacturing, operations or
supply chain jobs, an engineering degree coupled with an MBA sometimes
is more favorably viewed for management jobs than master's degrees in
technical fields. In IT, engineering and R&D, technical master's
and doctorate degrees are highly regarded, but, in some companies,
technical people with MBA's are often given top opportunities for
management, even over Ph.D.'s."
Question 2) Do candidates who have an MBA degree
stand a better chance of being hired?
Answer: "Candidates with MBA's almost never suffer by
having an MBA, but it doesn't guarantee that it will get one the job.
When interviewing for a job that requires an MBA, it might be
interesting for the candidate to ask the employer why they think the
MBA is important for the job. Their answer might then serve as a
springboard for the candidate to feed back evidence of how indeed she
or he has developed these favored attributes through business school
training. It might give some useful insight into the management
style of the company. Some companies might just see the MBA as a trophy,
while other companies might have very specific beliefs about the value
of b-school case studies, finance training, management theory, etc. and
their relevance to the job to be done.
"Throughout the world, our firm particularly prides itself
on identifying local, as opposed to expatriate, senior and middle
managers. Many of our worldwide clients - Asian, American, European,
Latin American, Middle Eastern and African - often regard the candidate
with an MBA as a person with a more "modern" or "American-style"
business outlook, and since this type of business model is currently in
favor, in Asia, Europe or other regions, a management candidate having
an MBA might be offered as evidence of one's commitment to a more
"aggressive" or "world class" management style. In countries where
socialistic, paternalistic, old fashioned or hierarchical business
management styles have dominated, an MBA can be valuable not only as a
personal window on a different way to do business, but it might be of
tremendous value in convincing top employers to consider one seriously
for substantial management responsibilities.
"There are some industries and job titles in which not
having an MBA degree will likely keep one from reaching the highest
ranks. In many large multinationals and in most high tech startups, it
just seems that very few CFO's do not have MBA's. And it is very rare
to see a VP of Sales and Marketing at a large multinational without an
MBA. For the very top corporate positions at many North American
companies it can be considered a red mark against a candidate if he or
she does not have an MBA. The same also was true in the Internet
industry, where dotcom executives having top MBA's became a tremendous
cliché. The sad irony here is that the Dotcom Bubble is a great
example where the MBA was used as a trophy to lure investor confidence
and money, while, at the same time, the lessons from business school in
creating sound business models seemed to be ignored in favor of pure
greed. Nowadays the surviving internet companies are scrutinizing
management candidates far more closely, and they are more interested in
people whose ideas might bring long lasting stockholder value, rather
than a "fast buck." They are much more open now to people without
MBA's, because in that industry, a whole lot of very well educated
people showed that degrees in themselves cannot replace solid business
experience and logical judgment."
Question 3) Does it matter where you received your MBA
or the duration of your course? Do employers tend to prefer those who
have MBA's from prestigious institutions?
Answer: "Too much depends upon specifics about the
hiring manager's own background and it might be difficult to know how
one's MBA is going to be viewed by a hiring manager or by the various
decision makers at a company. We have seen all sorts of scenarios. You
might believe that, for example, employers having top US MBA's
themselves might absolutely want to see candidates only with MBA's from
those schools. By the "one hires in one's image" rule, this might be
so, but we have also seen a lot of these managers look more to the
personality or work experience of the candidate than the "brand" of MBA
they possess. Perhaps coming from these "top" schools themselves, they
know first hand that not every one of their classmates was particularly
smart, practical, or the kind of person that they would want to work
with. Then there is the type of hiring manager who is just plain
jealous of the person with the MBA from the prestigious school and he or
she cannot see beyond his or her own prejudice in evaluating the pluses
and minuses of the individual.
"Right at this moment, we are presenting a candidate to run
a key marketing group for a multi-billion dollar American corporation.
She graduated from a leading Asian university and then went on to a top
US business school for her MBA. But that is not why they are interested
in her. It is rather that she has many years' of achievements in their
industry and that she could be an immediate contributor. The excellent
overview that her business school training provided her perhaps helped
shape the way that she evaluated certain business situations and how
she responded to opportunities or problems that came up in business,
but her success in business is really because of her mind and innate
management ability and exposures at the companies where she worked.
"Our recommendation to people interested in pursuing
advanced studies is simple: study what you do well in and do the best
you can, alongside the best students and professors possible. In our
experience, the people who really do the best in their fields and who
are given top managerial jobs, regardless of what schools they
attended, are those who most enjoy their work. Their enthusiasm and
creativity spurs them toward greatness and naturally makes them
leaders. If you are a really good engineer or computer scientist and
love improving your technical knowledge, go for a technical graduate
degree, and if you are naturally inclined toward management, your
talents will be recognized at the right company. If you are in business
and people are telling you that the path to management is only with an
MBA, don't listen to them, particularly if you hate statistics,
accounting or management theory. An MBA alone does not guarantee or
teach anyone to be a good manager. The companies that we represent on
six continents like people with active minds and they usually have
programs to encourage people to pursue higher studies and training, to
better their managerial and technical knowledge base, but also to keep
these great people happy at the company."
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