The most recent survey of our members found that:
1. The average MBA salary was 66,500
2. 70% were either board directors or senior managers
3. 1 in 4 expected to run their own business in the future
4. MBAs are employed mainly in general management, marketing, corporate strategy and IT
5. Around 25% of graduates are female.
The benefits of traditional MBAs have perhaps been less affected by time. The confidence of knowing that you are as familiar with concepts as those trying to ‘blind you with jargon’ is as valid as ever, as is the ability to be constructively critical of consultants or others purveying ‘solutions’ to management problems.
It is still important to be able to use management tools and techniques – from a basic spreadsheet to a sophisticated knowledge management tool – to communicate clearly, whether in writing or when making presentations, and to analyse a problem thoroughly before suggesting a solution.
But added to these, an MBA today is likely to give you a range of ‘softer’ skills and understanding. You are likely to develop your teamworking skills, to gain an...
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