Archive for January, 2009

Interview: Steve DeKrey of the Kellogg-HKUST EMBA Program

Tuesday, January 27th, 2009
Steve DeKrey

Steve DeKrey

Is an MBA a good stepping stone into Asia? The founding director of the Kellogg-HKUST EMBA program shares some thoughts.

What should prospective MBA or EMBA students look for in an Asia-focused program?

There are definitely not enough Asia-related components in most US MBA programs. The need for that depends on an individual student’s career plan. My advice to prospective students is to be very open to global opportunity which will almost certainly require some time in Asia. Asia is such an important business destination for big and growing companies. An Asian component will be critical now more than ten years ago. Having an Asian base is also very important. This is where the growth is.

Prospective students need to make an assessment in terms of their skill path, career level and opportunity. This requires some research, from the websites, rankings, and publications. I encourage a candidate to find their match, not to “blanket” apply to ten schools. Students should look to find their dream school, 2-3 maximum, make sure that they are qualified and pursue that school. MBA forums can also be helpful. I recently attended forums in Hong Kong, London, and Dubai, and can report that the numbers are up and interest in Asia is also up.

A caution: Language skill is very critical especially in China, and without those language skills opportunities will be far less.

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Interview: Joseph Doucet of the University of Alberta

Sunday, January 18th, 2009
Joseph Doucet

Joseph Doucet

Joseph Doucet directs the Natural Resources, Energy & Environment MBA program at the University of Alberta School of Business. He talks about why a good location matters for a business school offering an energy focus.

Edmonton is pretty far north. Why would someone want to go up there for an MBA?

Alberta is a natural location because of the significance of the energy, resource, and environmental sectors in the provincial economy. Our students come from all over the world, and upon graduation, have gone to jobs in the public and private sector in Canada and the US, and elsewhere. Although it is rooted here in Alberta, clearly the preparation and opportunities we give our students are global, because energy, environmental, and resource problems are global.

Business schools in London might want to exploit the advantage they have in terms of international finance. Here we take advantage of the fact that the energy and natural resource sector is so prevalent in the economy, so there are lots of opportunities for students to speak to business leaders, government leaders, and thought leaders in these different areas. We take students up to visit the oil sand plants or mines, we visit gas plants, electricity generation facilities, and pipeline and storage tank facilities.

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Interview: David Elmes of Warwick Business School

Thursday, January 15th, 2009
David Elmes

David Elmes

The energy industry is changing breathtakingly fast. David Elmes directs a new part-time Global Energy MBA program at Warwick Business School designed to help people in the industry keep up and succeed. Here is our interview with him.

What does it take to be a successful manager or executive in the energy sector now?

Basically, there are three things going on. Energy is getting harder to develop and produce. That applies to both the traditional oil- and gas-type resources, which are harder to find and more difficult to produce, and to renewable and alternative energies, where the ambition is to develop quite significant levels of energy production in a very short time. For many renewable energies, you’re looking at developing, implementing, and scaling-up industries at really amazing rates if you compare them to the normal evolution of industries. Whether it’s the old stuff or the new stuff – the first point is that the energy industry is becoming more difficult.

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Interview: Philip Delves Broughton

Monday, January 12th, 2009
Philip Delves Broughton (Photo: Margaret Delves Broughton)

Philip Delves Broughton (Photo: Margret Delves Broughton)

Last year, Philip Delves Broughton made a big splash with Ahead of the Curve, a candid and entertaining account of his two years doing an MBA at Harvard Business School (HBS). Having read and reviewed the book, we had a couple questions about his experience. He was kind enough to answer them:

As someone without a formal business background, how did you prepare yourself for HBS? Looking back, how might you have done it differently?

I don’t think I did prepare myself. I was too busy with my career as a journalist, which I think perhaps made me interesting to business schools. I had achieved a fair amount as a reporter and foreign correspondent and gained a little management experience. I think this was excellent preparation!

I suppose I could have read more accounting and finance books before arriving on campus or figured out Excel, and this might have helped me in the first semester. But really, there was plenty of time to do all this during a two year MBA. I spent the summer before getting to HBS leaving my job in France and on holiday with my family – and once I was presented with my workload in Boston, I was very happy to have taken a long vacation.

Did you find your unconventional  background (for an MBA student) a hurdle, an advantage, or a mix of both? What would you say to prospective MBA students with a similarly a-typical business school resume?

A mix of both, as you’d imagine. The great advantage is that you will stand out among the banking/consulting crowd when you apply. It’s very important to play to your strengths when you apply – emphasize what you have done and don’t try to whitewash your lack of business experience. Another advantage is that what you study at business school will be fresh, and with any luck much more interesting than for those who have been in business jobs.

The hurdle is that you do have some catching up to do. But that just takes a little time. Perhaps the greatest challenge is adapting to the cultural change of moving from a non-business setting to a world of business school students, who may have very different priorities and interests to those you were used to. But if you’re a curious sort, this can be fascinating too. I think what business schools want to know – and what you should have clear in your mind – is how an MBA fits into your ambitions. You don’t need to have some distinct career in mind, but at least some solid thoughts about what you think an MBA will enable you to do which you’d struggle to do without it. Becoming a management consultant does not count.

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