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MBA after post-doc

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MBA after post-doc

Postby HS » Wed Oct 06, 2004 10:59 am

I am currently finishing my first post-doc after almost 4.5 years. I am wondering if doing MBA would be a good career move to get into management level jobs in biotech companies?

On another aspect, is pursuing two post-docs seen as a disavantage by biotech companies?
Thanks
HS
 

MBA after post-doc

Postby Jim Gardner » Wed Oct 06, 2004 11:56 am

HS,

An MBA with no industry experience is not a good idea. If you have no industry experience you can not expect to go straight to management--regardless of your academic credentials. You need to start with an entry-level position. Many top business schools actually require experience for admittance to their MBA programs. Real experience will also help you get more out of your MBA course work. (Also note that the company you work for may foot part or all of the bill.)

A second postdoc is also a disadvantage to finding a first industry job unless: you use the postdoc to gain skills that are highly desired by biotech; or you will be working in a lab (or with an advisor) with excellent ties to industry.

Good luck!

Jim
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MBA after post-doc

Postby HS » Wed Oct 06, 2004 2:17 pm

Why industry experience necessary for MBA? What about students who get into MBA without any work experience?

Even it is entry level job at first after MBA, does a PhD and postdoc experience count in longer term?
HS
 

MBA after post-doc

Postby Dave Jensen » Wed Oct 06, 2004 2:34 pm

An MBA after 4-5 years of postdoc could be a real disaster, in my opinion. Employers are going to be looking for some work experience. By going back to school yet again, you will delay that. It will look very negative when you go into the job market. Employers will ask you about all these years of education, and why you haven't really 'gone to work' yet. In addition, the MBA schools won't see much advantage in having you on board without what they consider real-world experience, and hence you'll be looking at a lower level MBA program than you could get into after a couple of years of work.

If you have a sincere interest in industry, I would urge you to get out there and find a job. Do so, and then you can have an employer pay for your MBA later on in your career, and the value received for the effort will be doubled.

To answer HS's question, yes . . . at some point, the person getting an MBA after the postdoc, PhD, etc, would receive value, but certainly not as much as if it were added to a background with industry work experience

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MBA after post-doc

Postby Don Haut » Wed Oct 06, 2004 4:12 pm

In general, students who go right to MBA after school w/o work experience dont go on to top jobs. Certainly not management jobs in biotech or pharma.

D
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