From the editor:
Anshuman is an NUS MBA Alumnus from the Class of 2008. In this write-up, he shares with us his primary learnings from this MBA program.
About Me: I am currently a Marketing Manager at Emerson Process Management. I started here in Jan 2008 as Sales & Operations Planning Manager for Asia Pacific. In Jan this year, I moved to my current role.
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I often wonder if an MBA is required? What value does an MBA bring to you? I have been pondering over this question since 2005 when I was toying with the idea of writing GMAT. Then TOEFL happened to me! One by one, many things happened and before I could realize, I was out of NUS Business School with an MBA and all set to start the second innings of my professional career.Let's see if the marginal benefit of having an MBA is worth the time, effort, money and lost opportunity of staying out of workforce for 2 years! My lessons from NUS MBA can be summarized in 3 simple words: Preparation, Decision and Communication.
Preparation: All of us solve hundreds of cases during our MBA and that is something which draws a direct parallel to what we do at work. Every day, we come to the lecture hall to discuss a case. Some students read the case many times, read related articles, apply the theory to make sense of the case and try to frame a plausible solution. All the time, he is preparing! As the case discussion progresses, he starts to connect the dots and he is most likely to come up with a breakthrough solution. MBA helps you become a powerhouse of information. On average, what you read in a week's time is more than what an average professional reads in a month, if not in a year! That's the difference. You are assimilating more dots in your mind which will someday give way to form a pattern! At work, my personal observation is similar. A curious mind is more likely to learn about things which may not be directly related to his day-to-day work. All these ancillary information someday comes to his rescue! MBA breeds this curiosity in individual which then drives them to prepare!
Decision: The importance of this word can not be emphasized enough! During MBA, action is paramount. There is never enough time or data for a comprehensive analysis. Decisions are always based on whatever information you have and whatever dots you have assimilated over time. We do it every day of our lives. Most of these decisions are not perfect but that's not the point. The point is to make the best decision possible given the time and information you have and move on. This ability is a rare commodity in the real world and one who learns this will go quite far in his professional life. I remember the "MarkStrat" game in our "Product and Brand Management" module. There was this virtual market and the teams were competing with each other like competitors in a real market. Every week (equivalent of a quarter in the business world), we had to make decisions on product attributes, new launch, rationalization, R&D Investment, production capacity, workforce, advertisement budget, inventory limits, etc etc. You could overwhelm yourself by all kind of analysis but the key was the decision, not the analysis. There was so much data available that you could literally kill yourself in the pursuit of framing the most informed decision. No analysis was enough. 13 weeks of decision making helped me understand the tradeoff between action and analysis. In your professional life, you will have to make decisions every day and there is never enough time for comprehensive analysis. There is a premium on agility and an MBA gives you more exposure and puts you a little ahead of your peers, ceteris peribus!
Communication: The 200 powerpoint presentations, their delivery, team meetings, case discussions, mock interviews and all the projects and assignment are the flavor of NUS MBA. There is a common theme to all these. It helps you become a better communicator. It helps you understand how to present minimum information and yet maximize the impact. It helps you articulate your thoughts and put them across to your peers and professors. You may feel overpowered by another batch mate on semester 1 but that will give you one more reason to learn how to do it better the next time. By the time, you are in Sem 3, you are a pro! NUS MBA also helps you appreciate team work in a multi-cultural environment. In my current job, I have to interact with people across Asia Pacific on a daily basis and I give full credit to my conditioning during NUS MBA which helps me appreciate different cultures more than ever. With the new state of the world where boundaries are falling every minute, we are all converging towards "one world". Given this reality, it helps you to be at ease with people of varying cultures to maximize your professional output.
Overall, I believe that Preparation, Decision and Communication are 3 skills which can take you far in your professional life. Irrespective of which industry you join post MBA, these 3 traits will always be there to keep you moving. An MBA from NUS provides you enough latitude to develop or hone on these skills. As Sheila Wang (Our Supply Chain Prof at NUS) put it, "an MBA school provides you with a risk free environment. There is only upside in the form of your learning".
So, make use of this excellent risk free environment NUS Business School has provided you and make full use of it while you are there. You'll need them later!
-Anshuman
Class of 2008