MBAs in the Internet Industry – Part
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In the first post of this article “Reasons for an MBA graduate to go into the Internet industry… Are there any?” I discussed mainly the current difficulties and drawbacks that exist today for an MBA Graduate that chooses to go into the Internet Industry. There were many reasons against making this choice, the most relevant being: There is not an MBA culture in this industry, there’s no hiring expertise and programs for MBA’s, salaries are lower and there are very few positions available (big companies recruit very little and smaller companies don’t even consider it) MBA .
Why would I choose an industry where there is no culture at all, my title isn’t recognized like in many other industries, there are much less positions available and on top of that, salaries are lower? if you don’t have the skills to manage people or have direct P&L responsibility for example, you won’t get promoted. Guess who will be in a better position to get a promotion at that point.
Although with this outlook the Internet industry might seem very unattractive, there’s always another side of things. We MBA’s also have our advantages in this industry… and some are very powerful indeed…
As mentioned in the first part of this posting, comparatively there are very few MBA’s in the internet industry. This was first seen as a bad thing, because being less means less people are able to recognize the value of an MBA Graduate, and also means lower salaries…. But it can also be seen as a good thing. Less MBA’s in the industry means there is less competition. There will be less people in the industry with the same set of skills that your MBA gave you, and that’s quite an advantage. It could be a drawback in the short run that turns into an advantage on the long run. Later in your career when it comes to Top Management positions, it doesn’t matter how good the leading technician was at programming.