MBA graduates are primed for top careers in within “disruptive technology” companies and start-ups such as Uber and Airbnb, according to business experts.
Business website Business Because says that schools with the closest proximately to California’s tech hub at Silicon Valley – such as Berkeley’s Haas School of Business and Stanford GSB – are driving the change.
It also suggests that rather than sticking with traditional methods that would set them apart from start-ups, MBA providers are increasingly offering courses such as data analytics, which equip graduates to set themselves up in the start-up market and within tech companies.
Business Because says that as “business schools update their content for a decade in which tech is king” they are also establishing themselves as feeders for existing tech giants such as Google, Apple and Amazon.
According to the site, 43% of Haas Business School’s MBA graduates were hired into tech companies in 2014, whilst from UCLA’s Anderson School of Management the number was 26%.
The site adds that “technology is disrupting traditional business models everywhere. Innovation is transforming industries from financial services to retail and from music to telecoms.”
Sue Kline, senior director of the Career Development Office at MIT Sloan School of Management at Massachusetts Institute of Technology, adds that “The combination of understanding the technology and developing a strong business skill-set is a powerful asset for an organization.”
And it’s not just students based around Silicon Valley that are benefiting.
According to Paula Quinton-jones, director of career services at Hult International Business School in London, “There is a definite increase in interest from five years ago, in line with the increase in visibility of tech start-ups and tech-based businesses.”
Those on MBA programmes are increasingly able to get a leg-up before they graduate, too.
Research conducted by QS on 33,000 employers found that many are planning to employ MBA students this year, whilst Google looks to recruit MBAs who display “a healthy disregard for the impossible.”
There is a simple reason for this, according to chair of the Information Systems Department at W.P Carey School of Business in the US, Michael Goul, and that is because “MBA students are tuned to the market” – clearly, in the fast-moving world of technology, something that sets them apart.