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SIR
MARTIN SORRELL I do not believe
so. I found it much more valuable than
my undergraduate degree, particularly
because the teaching was so powerful.
The professors were really actors.
DON CRUICKSHANK No, I could not.
My MBA filled gaps that needed filling
if I was to realise my ambition to become
a chief executive. And I immediately
doubled my salary.
TIM HOW After LBS, I went straight
from a small manufacturing company in
Lancaster to Polaroid, where I became
marketing director. I doubt that I could
have done that without having been to
business school.
CHARLES MANBY No client has ever
asked: ‘Are you Charles Manby,
MBA?’ But it sure as hell helped
me to get in here in the first place.
VALERIE LACHMAN No way. I’m
a 48-year-old poacher turned gamekeeper
and I would never have had the confidence
to make that change without my MBA.
GRAHAM BRYCE That’s the
million-dollar question. It’s not
necessary; there are plenty of successful
businesspeople who have little or no
formal education. But I think it helps.
NINA WANENDEYA There can be a
sense that doing an MBA is the be-all
and end-all to your career, and I don’t
think that’s the case. I think
I would have got here without the MBA,
but it would have taken a lot longer
and I would have struggled. |
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Three
years ago, John Priestland abandoned a successful
career in the civil service – for which he
had worked in the Cabinet Office in his mid-20s
– to complete LBS’s two-year full-time
MBA course. He paid his own way: fees of £30,000
and the loss of two years’ salary. Three years
later, Priestland is working for the business services
firm Amey, the UK’s largest provider of education
services in PFI programmes – the deal struck
with Glasgow city council is worth £1.3 billion
alone.
‘The MBA was an enormously rich experience,’
Priestland reports. ‘I had a good set of civil
service skills, but I knew they would not be directly
transferable to the private sector. The MBA offers
you a new way of looking at problems. It’s
a set of tools that may or may not be applicable
in different circumstances. The real world can be
a lot tougher than some MBA students expect. But
you see things very differently after the two years.’
Why is it worthwhile? ‘I could not have begun
to do my current job without the MBA,’ Priestland
says. ‘You are a lot more confident, more structured
and more creative with the MBA behind you. It’s
a cliché, but you do learn at least as much
from your classmates as you do from the teaching
staff. The diversity at LBS is great – there
are people from over 50 countries there. You leave
with a rich address book and a contact list for
every situation.’ |
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