Ask Stacy Blackman

hi stacy,

* i am a chemical engineer from india (65%) in my degree.

* currently working in a plant (quite small scale) set up by me...(i m an entrepreneur)..... thinking of applying to a b-school when i have 2 yrs. of wrk. ex.

actually, i want to use the mba education to expand my small scale plant to higher levels (even corporate levels )..... some people say that i am misunderstood on the potential of an mba.......

can the mba provide such training as i require??
or does the mba produce only high ranking officials working in a JOB.......

moreover, if the mba can equip me with the nessacary skills, which specialisation of mba would you suggest i go for??

i have heard of mba in entrepreneurship, but does that makes you a fresh entrepreneur or does it also provide you with a skillset to efficiently expand your business??

Stacy, i am very confused pls enlighten me with your immense knowledge............

dear Devansh,
I think we are in same boat.... ermm or maybe we are on the same path you might be some months ahead of me we should meet someday.

hit my blog and visit a chat box there.
or mail me. (sorry i had pm you but seems you havent received it yet.

devansh_god wrote:
actually, i want to use the mba education to expand my small scale plant to higher levels (even corporate levels )..... some people say that i am misunderstood on the potential of an mba.......

can the mba provide such training as i require??
or does the mba produce only high ranking officials working in a JOB.......

moreover, if the mba can equip me with the nessacary skills, which specialisation of mba would you suggest i go for??

i have heard of mba in entrepreneurship, but does that makes you a fresh entrepreneur or does it also provide you with a skillset to efficiently expand your business??

Stacy, i am very confused pls enlighten me with your immense knowledge............

Dear Devansh
While MBA produce "high ranking officials working in job" it also enables them to start their own venture and work on it.
I am sure MBA teaches you how to make a strong Business Plan at the same time other tools that you requite to do the business. after all the name of the degree is Master of Business Administration right?

Still you raised a good point that made me post here.

Most of the students, apply for MBA, are career switchers or those who want to the ^higher management job^ those who want it quick.

In case of entrepreneurs scenario changes.
See what MBA can give to you.
Knowledge and skills of course.
Networking opportunity

But then there are some other aspects.. to discuss... such as soft skills ability to attract and sustain human resources that you wont get via MBA.

ermm maybe we should start a discussion thread specially for entrepreneurs- wannabe MBAs.

thanks for the insights Stacy.

I ll start a special thread for such topic soon. and ll invite you there.

thanks again.

firstly, thanx stacy for solving my doubt. and congratulations on your appearance on the FORTUNE cover.

yes aim-wsc, i agree with you that we need a spl. thread for
us(entrepreneurs), coz we have different needs in terms of applications, resumes, LoRs, even work experiences......

talking of work ex., stacy i would like to slip another question if you dont mind,

as an entrepreneur of a very small scale startup, i have always taken initiative( simple, because I cant let the unskilled labour take desicions )
and all the important desicions of my firm.
so talking strictly in terms of b- school language, is the quality of my work ex sufficient (because ive read that only quality w.ex matters and not quantity)?
if not, then what can be done to improve the quality of such an experience?

thanx in advance...