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Thursday, May 04, 2017

Why getting my MBA was a great decision

Graduating with my MBA, May 2008, Matthews Arena, Northeastern University, Boston, Massachusetts, USA, with my then 18-month-old daughter Charlotte.



Getting an MBA at Northeastern University's D'Amore Mckim Business School and working in the USA for 10 years are the 2 best decisions I made in my career so far. An MBA is a massive commitment. You pay up to $120,000 and devote 2 years of your life to training in all aspects of a business. It’s longer than that if you count the time taking the GMAT (Graduate Management Admissions Test) as well as doing your applications and interviews.
So even getting to starting the program was challenging work for me. Once I did start I was taking Accounting 101 classes with a class where up to half were accountants, Finance Classes with Finance specialists, and as for statistics. I have never been so proud of a ‘B’ grade in my life. I had to take special lessons with an excellent tutor every week so I could manage to complete my 3 exams and project using a statistical software tool.
Sure, Organizational behavior was a little easier and Marketing a bit more intuitive. However, Product Marketing with Gloria Barczac was hard. I did my project with a Head of Product Marketing at Philips on the Stage Gate Process around developing a Wireless Heart Defibrillator. We interviewed everyone at his company involved and wrote the report and presentation around that.
    Real Estate Finance was tough too. One of the guys on my team was a Vice President at Blackrock, the real estate investment firm. I had to learn how to use a tool called Oracle Crystal Ball to create a model showing 1000 permutations of investment scenarios to predict who an investment may turn out – called a Monte Carlo analysis.
I got to work as an analyst at an investment bank that was working on deal sizes of several hundred million dollars. I also worked as a Marketing Analyst. These were not the kind of options available to me pre-MBA.
It’s exactly 9 years ago now, but like most exciting and challenging situations that stimulate you and help you grow, it’s still very fresh in mind. Getting an MBA remains one of the best decisions I made in my life. 




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