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MBA Alternatives Video

MBA Alternatives Video Transcript

While an MBA degree may work for higher level employees, it may not work at all times or for all cases. Watching this video will establish what a master's degree in business can and cannot do, and what alternatives to business school exist. Some of these alternatives include reading books, taking marketing, accounting, finance, and human resources courses from a university continuing education program, and on the job training.

  1. What MBAs Can and Can't Do
    • An MBA is not a ticket to advancement, as completion of the video establishes. It needs to be combined with experience for high level jobs. Many pursue an MBA once they have a high level of education or experience.
    • If you've been at a low level job, an MBA won't do that much. You need to learn political savvy, leadership skills and gain an aptitude for people management. This calls for books, research, experience and learning on the job.
  2. Other Degree Alternatives to the MBA
    • A master's degree in marketing is a good alternative to the MBA for marketing. Likewise, so is a master's degree in human resources or management for those fields.
    • A master's degree in nonprofit management or a master's degree in public policy or health administration can also serve as an alternative to an MBA. Some become certified public accountants instead of earning their MBA.
  3. Non Degree Alternatives to an MBA
    • Just take some business courses at a university continuing education program. For marketing, maybe you don't need a whole marketing MBA. For management, human resources or venture capital skills, the same applies.
    • Most entrepreneurs don't have an MBA. They may have taken courses and learned by doing. Maybe they hired an MBA themselves. However, you don't always need an MBA. Experience learned on the job or in your field may be sufficient.

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