Do you need an MBA to accelerate your career?
?? The MBA education market is set to grow a whopping 15.6% by 2032 - But is it right for you and your Design or Product career? ??????
While the MBA market will reach an incredible USD 83.08 billion (!) value, many question their worth, and even more as to whether those in the creative industries need one.
?? Why is an MBA a top choice for ambitious professionals though?
It's a gold star on your resume, opening doors to leadership positions.
It's a gateway to a powerful network of peers, professors, alumni, and industry leaders.
You'll gain expertise in business strategy, finance, marketing, and the know-how to launch and manage a thriving venture i.e. all key skills you may need beyond your core Design & Product ones.
Many organisations recognise the value of an MBA and invest in their employees' professional development.
Plus - The MBA market is adapting with online programmes and incorporating modules like data analytics and artificial intelligence; areas that directly complement Design and Product.
?? How valuable is it for designers to do an MBA?
Anish, designer and co-founder of Design3 and an Imperial College Business School grad, offers valuable insights on how an MBA can empower designers.
?? An MBA equips designers with a broader toolkit, allowing them to consider business models, marketing, and financial viability during the design process.
?? It broadens a designer's knowledge base, fostering confidence and a deeper understanding of the business world.
?? With this business knowledge, designers can position themselves for strategic leadership roles (still executing it in a Design-centred way of course).
?? An MBA is particularly advantageous for Service Design and Strategic Design, where understanding business viability and strategy is crucial.
...But is it necessary or a must? No. It's certainly beneficial, but you can climb the ladder or launch a venture without one.
?? 3 business programmes most relevant for designers, entrepreneurs & product builders...
1?? d.MBA is an online platform specifically designed for design experts who crave a career boost, minus the stuffy business jargon.
?? It teaches the language of business to help win clients or convince stakeholders.
? Highlights your unique design competency to help launch ventures.
?? It allows you to maximise your skills to increase company value.
?? How it works: New content modules every week | Discussions on Slack | Reflection and co-working calls | Weekly assignments | Personal reflections
2?? The Imperial College MBA leverage the university's strengths in technology, innovation, business and sustainability, for a transformative educational experience, developing mindful business leaders who are well-equipped to navigate the increasingly digitised business world.
?? Specifically help you develop the skills to manage, create, and deliver real value from innovative ideas.
???? With key modules and electives in Design Management, Innovation, Digital Business and Entrepreneurship there is a distinct digital and design strand to the MBA if you choose it.
?? Gain a strong foundation in business fundamentals - after all, these are one of the main reasons to do an MBA (!) - that complement your existing creative competencies.
领英推荐
??? Formats: Full Time | Part Time | Weekend | Global | Executive i.e. plenty of different options to suit your life and career!
3?? Forget the traditional suit-and-tie MBA! For designers seeking to take their careers to the next level, there's the Design Strategy MBA.
?? An MBA programme steeped in the creative energy of San Francisco. At California College of the Arts (CCA), the low-residency DMBA programme empowers you to design your dream career.
?? Potential Career Paths: Design Strategist | Business Designer | Product Marketing Manager | UX Strategist | Product Manager | Brand Strategist | Design and Innovation Lead | Customer Experience Designer | Entrepreneur
Are you a designer looking to take your brilliant ideas to market? Then this free lecture is for you! ??
?? Anish Joshi & Niharika Hariharan | ? 45 minutes | ?? Free access
?? Join our founders as they explore both Design Entrepreneurship and Design Intrapreneurship.
????♀? Discover how to drive innovation within your organisation using design thinking to deliver real business value.
? Learn how to quantify your design decisions to minimise risk, save time, and maximise impact.
? Explore performance marketing (growth strategy), user needs, and revenue models (continuous testing and experimentation).
? Equip yourself with the tools to shape and steer the business from the ground up, ensuring your design thinking has a lasting impact.
?? A sneak peek of the top 3 contenders according to the Financial Times 2024 rankings:
92% employment rate 3 months after graduation
?? INSEAD
84% employment rate 3 months after graduation
81% employment rate 3 months after graduation
Share your thoughts in the comments below!