以下是引用aidm在2005-4-30 13:05:00的发言:T wgst Thanks for your kind response! And it is indeed very useful for me. As you expected, I have some further questions which are concerned with opportunities and experiences for a PHD or a pure researchers to apply MBA, to expect for your sincere response. My first question is that, if one workes in research departments in industry or in academic fields as a faculty, to what extent would one get an offer from top B-schools? Suppose that during the period of study and work, one dedicates himself to social work and business affairs as possible as one can to develop his finance quotient (FQ). Althougth one does his best to cultivate this ability, it is likely that one will failed simply because that he did not have any chance to do practical work with regard to finance and his experinces were gained from theories. And in that conditions, top B-schools are not inclined to value this kind of students, so the probability is very low for them. Are my assumptions right, or just totally fallacious? My second question is about the average time needed for a PHD students to work to earn enough experience to apply for B-schools. I have heard about that some B-schools would accept PHD directly after their graduation from graduate schools and the reason is that their last two year experience in graduate schools could be regarded as work experience if they do some project in industry field conducted by their boss or advisor. So, if possible, would you like to confirm the reliability of this piece of news and the ratio of those cases? If it is impossible for them to apply MBA immediately after graduations, then how long will them need to work in order to apply MBA? My third question is about the prabablity of the enrollment about an optional finance degree in America. If I am a graduate students in Bioinformatics, is it possible for me to pursue a secondary degree or at least enroll some optional courses in finance? If it is possible, then how much should I pay for these courses? Maybe the number of questions is quite more, but I am indeed eager to your responses> Thank you!
My pleasure. So sorry to get back late. Just found your post. Here are my answers. I hope they help a bit.
If one works in research departments in industry or in academic fields as a faculty, to what extent would one get an offer from top B-schools?
Answer: MBA students have very diversified backgrounds. Although most of my classmates were from business backgrounds, some of them were previous ski racer, chef, school teacher, nurse, or social workers etc. Some of them also had PHD degrees before their MBA. However diversified their backgrounds are, one thing they share in common in their b-school applications is that they all showed their business/management talent in their daily work/community work, and articulate how they would use their talent and experience to realize their career dream. To put it plainly, you are equally competitive in getting an offer from top b-schools so long as you are able to show the admission office your business/management capabilities when you manage projects, people, or research funding in the academic world, and you are able to align your research or academic experience with your future career goals, eg tech consulting.
Suppose that during the period of study and work, one dedicates himself to social work and business affairs as possible as one can to develop his finance quotient (FQ). Although one does his best to cultivate this ability, it is likely that one will failed simply because that he did not have any chance to do practical work with regard to finance and his experiences were gained from theories. And in that conditions, top B-schools are not inclined to value this kind of students, so the probability is very low for them. Are my assumptions right, or just totally fallacious?
Answer: GMAT score often tells the admission office how well an MBA applicant can handle the courses at b-schools. So, applicants with a good GMAT will be considered strong candidates even if some of them don’t have any finance background, as the admission office knows that they can learn well under pressures. (In addition, you will have the chance to learn finance courses in your MBA program). A weak GMAT plus no finance or business background would hurt the admission office’s confidence in your candidacy.
My second question is about the average time needed for a PHD students to work to earn enough experience to apply for B-schools. I have heard about that some B-schools would accept PHD directly after their graduation from graduate schools and the reason is that their last two year experience in graduate schools could be regarded as work experience if they do some project in industry field conducted by their boss or advisor. So, if possible, would you like to confirm the reliability of this piece of news and the ratio of those cases? If it is impossible for them to apply MBA immediately after graduations, then how long will them need to work in order to apply MBA?
PHD graduates probably need to work for a couple of years before an MBA. Regarding “how long”, it is a case-by-case issue. Some worked for 2-3 years, and some worked for 5-6 years. We don’t have any PHD here who applied to b-school immediately after graduation. But you might want to find out the situation in other b-schools.
My third question is about the probability of the enrollment about an optional finance degree in America. If I am a graduate student in Bioinformatics, is it possible for me to pursue a secondary degree or at least enroll some optional courses in finance? If it is possible, then how much should I pay for these courses?
You can definitely have a part-time finance degree while you are doing bioinformatics. Many top schools have financial engineering program, a very popular program for science students. Tuition is more than $40,000. You might want to visit b-school websites (Columbia, Haas, etc) to find out the details.
Cheers,
wgst |