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What skills does an MBA student
need? While students entering
business school have tremendously
different sets of skills, all
students need at least a minimal
amount of proficiency in certain
areas. Without these abilities,
you'll have a hard time adjusting to
the b-school world. So what are
they?
Quantitative Skills
It has been said that mathematics is
"the language of business." But many
MBA programs are moving away from
the heavily analytical approaches
that predominated several years ago
and are giving increased emphasis to
the "soft" areas of communication
and interpersonal skills. That said,
the quantitative elements of
business studies have not gone away.
The actual level of mathematical
knowledge that you'll need varies
widely from program to program. Some
schools expect you to have studied
statistics before entering the
program. Some will expect you to use
calculus on a regular basis.
Generally speaking, you should
certainly feel comfortable with
college algebra and brush up your
quantitative skills if they're
rusty.
It's a tech world out there
In an ongoing effort to adapt to
technological change, almost all
business schools have integrated
personal computers into their
programs. Many schools will require
you to have your own laptop. The
extent to which you'll be expected
to use a computer will vary from
program to program, but you should
make an effort to have at least a
minimum comfort level with word
processing, spreadsheets, and
databases before starting school.
You may want to check with the
schools you're interested in to find
out the hardware and software
specifications.
Are you a team player?
One of the ways schools are
mimicking the business environment
in their academic programs is in the
use of student teams. As
corporations have increasingly
turned to teams to work on projects
and to solve problems, MBA programs
have converted an increased share of
course work from individual work to
team work. Many programs now
incorporate training in teambuilding
somewhere in the program - either as
part of new student orientation, in
team building workshops, or as a
topic in organizational behavior
courses.
Teams may be formed for the purpose
of one project in one course or they
may remain together for months,
working on multiple courses. In the
often competitive environment of MBA
programs, the cooperation required
of teams doesn't always come
naturally. Since teamwork is almost
always time consuming, students in
schools that use teams may find that
activities and even policies on work
during the academic year reflect the
heavy time commitment of working
with others.
MBA Basics
The fundamentals of business are
taught in every MBA program.
Accounting, economics, finance,
organizational behavior, marketing,
statistics, and operations form the
primary business disciplines and
skills and are in the expected
repertoire for any MBA. How and when
students cover the basic skills
varies, however. In most programs
these subjects will be taught in a
group of core courses required of
every student. These core courses
consume most or all of the first
year of study in a two-year
full-time program. In some programs,
students who have a prior background
in business can be exempted or
waived from some or all of the core
courses, on the basis of either a
special examination or an evaluation
of the undergraduate transcript.
Some programs regard a few areas as
background knowledge and expect you
to have learned the material before
you start your graduate program.
Statistics, economics, and
accounting often fall in this group.
When you're comparing the length of
programs and calculating time to
degree, be sure you remember to
consider any program prerequisites.
(Calculus and computer skills are
also common prerequisites for MBA
programs.)
Other programs take another
approach, offering the core courses
within the structure of the program
but requiring this course work only
of those students who have not
mastered it previously. If your
program has two tiers, with
different entrance points-for
students with undergraduate degrees
in business and those with degrees
in nonbusiness areas-you may be
exempted from some or all of the
first year of the program if you
were an undergrad business major.
http://education.yahoo.com/college/essentials/articles/biz/mba_skills.html
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