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Beyond career and gold

  • Instead of teaching just the nuts and bolts of the topic, business degrees are providing wider skill sets that equip students to face tougher challenges

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MBAs, regarded as a ‘career passport’, help graduates to find employment and enable them to benchmark themselves and appreciate their strengths and weaknesses. Photo: Reuters

An MBA has long been regarded as a “career passport” that boosts the employability and salary of its holder. But it has recently gone further, thanks to a change in the mindsets and demands of MBA students.

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“I was expecting it to provide me with the opportunity to update and upgrade my knowledge across the numerous disciplines that are fundamental to any business in today’s increasingly competitive environment,” says Luca Donati, chief strategy officer, Magazzin Fashion Group, coffee entrepreneur and alumnus of the Global MBA at Alliance Manchester Business School.

Luca Donati
Luca Donati

In Donati’s view, the modules are all relevant and useful for his career progression, with strategic management the one he found most insightful. From this, he says, he was immediately able to understand how to adapt the different concepts and theoretical models to the listed practical case studies.

“I have ultimately used my learning to progress my career in recently being employed as a chief strategic officer for a fashion group, as well as running an F&B-related start-up on the side. I obviously have ambitions to keep improving in the decisions I make, and an MBA should ultimately prepare you for undertaking more challenges in future,” he says.

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To Jeffrey Ng, a CUHK (Chinese University of Hong Kong) MBA alumnus from the class of 2012, real-world problems demand people with cross-disciplinary talents such as technology, economics and people skills.

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