If you have a strong interest in entrepreneurship, pursuing an MBA can help you sort through options and build the skills necessary to be successful.
However, there are also pitfalls to consider when integrating business school into your plans for starting a company.
Mark Skoskiewicz holds a BS in Finance from Indiana University and an MBA from Kellogg.
He founded My Guru, a test prep company, in 2010 and helped found TRC Advisory, a strategy consulting firm, in 2014.
In some classes, this means placing students in teams to flesh out real ideas and put together business plans.
For example, I took one class that allowed me to flesh out a marketing plan for a tutoring company that I eventually built.I am confident a Columbia MBA will diversify my financial skill set beyond derivatives, and help me develop a deeper understanding of corporate finance, accounting, strategy, credit, distressed debt markets, and both applied value and event driven investing to help me attain my short-term goal and prepare me for my long term objective.The shared passion towards Investment Management that is pervasive amongst Columbia’s student body and faculty is a key reason behind my conviction that Columbia is perfectly suited to my career goals.Business school is certainly a good place to network with people who share an interest in building companies.Talking about networking and team-building as a rationale for wanting to pursue entrepreneurship while in an MBA program makes sense.The impact was significant on customer satisfaction and business development.We saw an increase in leads of 150% where more than one Microsoft team was involved.First I needed to convince management and the individual teams that my idea would be beneficial to each separate unit and the company as a whole.With upper managements support, I organized classes where the three sides would be cross-trained on the missions of the other teams.Although Microsoft encourages innovation in their product development and services, I found it somewhat lacking in terms of breaking down barriers between departments.Though it would be a challenge to change their traditional modes of operating, I saw it as an opportunity to transform and grow the brand.