hi,i am an engineering student in the last year now.I have a family business and look forward to continue the legacy.Can any body please tell me what MBA should I opt with in order to expand the business OR should I not go for an MBA in case if there are better options.
Hello,
It is not uncommon for people who are in growing family businesses to earn their MBAs, and I have worked with many successful applicants to programs at all levels (including Stanford and HBS) who plan to return to their family businesses post-MBA. Whether you should pursue an MBA depends on whether the MBA education would serve your needs vis-Ã -vis your plans for and your future role in your company. If you decide that it will, the next step would be to determine which programs meet your needs where you would also be a viable candidate. Kellogg among other schools has excellent resources for family business students. And Columbia's shorter January-start program is targeted to people who won't need an internship, including people returning to a family business.
Whether other options are better also depends on what you mean by "better" - not quite sure what you mean by that!
Best regards,
Cindy Tokumitsu
Senior Editor, Accepted.com
