MBA Students Go Global
As many undergraduate students in
the US are making plans to go abroad for sun and fun during their Spring break,
an increasing number of their counterparts in MBA programs are planning to use
that time to travel abroad for a different purpose. Many MBA students will
leave their comfort zones this spring and venture abroad to experience the
global economy hands-on.
Last March, a group of 22 MBA
students from the University of New Hampshire’s Whittemore School of Business
and Economics embarked upon a weeklong trip to Shanghai to convene with the
leaders of multinational firms such as Shanghai Volkswagen and O’Melveny &
Myers. Students at MIT’s Sloan School of Management organized networking
excursions to various continents as part of Sloan’s International Spring Trips
Program.
Some students go even further and
travel to impoverished Third World countries in the hopes of bringing business
development and basic health facilities to them, thus helping the poor to
develop a means to make their own living. Not your typical humanitarian
volunteers, these MBA students strongly believe that in the long run helping to
provide business development rather than traditional aid is the best way to
fight poverty.
In today’s business environment
where “going global” is the defining trend, American companies are working
increasingly collaboratively with their foreign counterparts to expand their
overseas markets. These firms value employees who have international
experience, a good knowledge of global business affairs and the capacity to
work in different cultures.
In response to the realization that
international experience is a marketable commodity, a growing number of
American MBA students go abroad to study at prestigious European management
schools, such as the London Business School and the International Institute for
Management Development (IMD) in Lausanne, Switzerland. Some of these students
want the international MBA to help them obtain jobs abroad, others believe that
the foreign cachet will give them a competitive edge in getting jobs in
multinational companies and in applying their global business knowledge in the
US.
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