What the MBA offers entrepreneurs

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Can “entrepreneurship” be taught? The value of the MBA to aspiring business leaders may be hotly contested, but even if you don’t go on to become the next Phil Knight, the chances are you’ll graduate and get a great job, writes Programmes Director Annabel Denham in today’s City A.M.

On the one hand, programmes at the top schools cost around £50,000 – and wouldn’t that time be better spent building a prototype or researching the market? The longer spent in the classroom, the greater the chance of someone else beating you to the punch. And, for those without an idea, there’s no guarantee of a lightbulb moment in the lecture hall.

However, business schools are responding to entrepreneurship’s rising popularity. Not only are they equipping students with the essential cheap ativan canada skills needed to run a business (time management, innovation, entrepreneurial finance), but they also offer invaluable extra-curricular opportunities like mentoring or financial and administrative support.

And these courses are attracting the world’s top talent: the top 10 programmes have an acceptance rate of less than 10 per cent. The people you rub shoulders with could become your future business partners, or your future go-to network.

Fundamentally, however, MBAs are broad-based degrees, teaching the basics of everything – from finance to risk to law. So even if you decide that you’d rather work for an investment bank or large corporation, the MBA will give you two risk-free years and it’s likely you’ll still come out with a great job.

Read the article in full here.