#1
18th December 2015, 02:53 PM
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Skills for MBA Students
Can you tell me in detail about the MBA or Master in Business Administration key competencies and skills a student learns while doing the course?
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#2
18th December 2015, 04:06 PM
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Re: Skills for MBA Students
Some of the general MBA and functional-specific competencies to help you get started are as follows: Essential MBA Skills • Leadership • Teamwork • Problem solving and analytical skills • Initiative • Adaptability to change • Interpersonal and communication skills • Strategic thinking and planning abilities • Global orientation • Ability to leverage technology • Time management and project management skills • Prior history of results and progressive experience Function-specific Skills Based on Concentrations & Key Functions Corporate Finance • Quantitative skills • Basic understanding of accounting and financial management principles • Ability to interpret numbers and draw conclusions from results of various financial strategy changes • Ability to handle a wide variety of tasks Consulting/Strategy • Evidence of solid intellectual capacity • Ability to elicit information from others and to synthesize that information into a cohesive story • Strong listening skills • Ability to communicate with all levels of management, from line managers to the CEO • Ability to see the big picture • Solid business judgment and desire to tackle complex business problems • Creative/conceptual ways of thinking • Ability to determine KEY issues from confused and incomplete information • Project management skills • Professional presence • Assess situations and devise solutions Human and Organizational Performance • Strong presentation, communication, and interpersonal skills • Mentoring/coaching experience • Management skills • Analytical skills • General business understanding • Basic understanding of change management and organizational processes • Analytical and quantitative skills • Ability to understand how business results ultimately tie to human performance • Basic understanding of the Human and Organizational Performance generalist role Investment Banking • Strong quantitative and financial skills • Team player • Handle multiple tasks/multiple bosses • Ability to analyze diverse information and formulate recommendations quickly • Ability to synthesize large amounts of data into small manageable chunks and then communicate these chunks both written and verbally • Willingness to take risks, deal with uncertainty and accept occasional failure • Ability to perform well under pressure • Ability to take criticism lightly • Aggressiveness, strong internal motivation and ambition Marketing • Ability to motivate others not under your control • Strategic thinking • Multi-functional team experience • Tolerance of ambiguity; flexibility • Creativity • Quantitative/research skills • Coordination/project management skills • Presentation skills • Ability to recognize key factors in extensive data • Passion • Knowledge of basic marketing principles Operations/Manufacturing • Ability to work with a wide variety of people • Basic understanding of the supply chain and a production environment • Preference for a variety of tasks • Quantitative skills • Ability to coordinate with departments and individuals not under your control • Ability to initiate and implement major projects |
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