In many ways, reading this book feels like acknowledging a truth that I'm not 100% comfortable with. I'm doing an MBA (or at least, starting one). It's so weird. There's still that part in my brain that thinks the acceptance letter is a scam ("what do you mean, I've been accepted to a program I've never applied to?").
Anyways, I picked up this book so I'd understand a little bit more what I'm getting into. In casual and clear prose, Silbiger highlights the basics of nine business fields: marketing, ethics, accounting, organizational behavior, quantitative analysis, and finance, operations, economics and strategy. He uses simple language and manages to clarify terminology while also not being too overwhelming. The usage of examples makes the topics understandable and engaging.
As I haven't started studying Business yet, I can't speak for the accuracy of the content. I will say that the Internet part was horribly outdated (there's a part of me that's considering taking courses in Data Science and I know that's a bad idea but I'm so curious). However, the other parts felt like a solid introduction. I felt the marketing chapter was especially strong (which makes sense, as that's Silbiger's field). I also admire Silbiger for being able to write such a clear chapter on quantitative analysis, it was like a summary of everything that I didn't understand in Statistics.
All in all, despite the somewhat annoying title, I think this is a good book for people who are curious about MBA programs and want a taste of the subjects without dealing with too much academic heaviness. Silbiger does his best to make the information accessible and provide resources for people who want to learn more.
What I'm Taking With Me
- Seriously, the accounting chapter was like 50 pages while the ethics chapter was barely 10, this is exactly the problem with Business.
- Did you guys know queueing theory is a thing?
- Honestly, when you see how this guy writes about economics, it becomes painfully clear why my MBA program wants Economics students so badly. I mean, yes, we willingly put ourselves through understanding Micro. We can no longer feel anything after the suffering we have chosen for ourselves.
- MBAs apparently really like using terms for everything. It's so condescending, ughhhh.
- Apparently some parts of finance are more glamorous than others?
This feels like a good space to write some predictions for my MBA so let's do this! (And yes, it's a little sad that this is way longer than my actual review but hey, what better place to put notes for your future self than on the internet)
MBA Predictions & Thoughts
- I haven't decided what my degree focus will be. That is, the question is between strategy and entrepreneurship or marketing. I'm taking courses in both so hopefully I'll understand more what's right for me. I think deep down I know picking marketing makes more sense, considering my graphic design background and the fact that marketing MBAs are well known. That said, I feel like strategy is new and exciting and that's also very appealing. Ahh, decisions.
- There's a part of me that wants to do a minor in Asian studies despite the fact I've never really been into Asia and I'm not sure what you do with a marketing/strategy MBA with an Asian studies minor.
- My mom says I'm going to hate Human Resources. I, however, think that I'm going to enjoy the theoretical elements but would be a total catastrophe in real life.
- My Strategy class falls on Friday morning which is technically the weekend here and also my best studying time. I'm not happy about this and imagine it's only a matter of time until I stop showing up.
- I'm going to be awful at finance, I can already tell, and the class average is 70 so I'm definitely going to have to work a lot in order to protect my own average. Also, I already despise accounting so that's going to be a delightful course.
- This is me promising myself that if it get too intense/ if I don't feel that it's working for me, I'm going to quit and I'm not going to feel bad about it. The fact that there's an opportunity doesn't mean you always have to take it and well, if it's not right for me, I really want to believe I'll leave.
- That one year after I finish my Bachelors when I fully focus on my MBA is going to be so weird and I very much want to believe I'll have a plan for what's next after that (hopefully that plan will be more thought out than traveling in New Zealand).
- Like wow, imagine telling people you're doing an MBA. I didn't think there was a more arrogant academic choice than PPE but it turns out I was wrong.
- Honestly, I'm more scared that it'll take me more than a year to finish the degree than I am about not finishing it. I know I'll beat myself up if it ends up taking me two years to finish an MBA when I could have done a Politics degree instead (which is dumb, considering I'm definitely young enough to do an MBA and then do a Masters in Politics without it being a catastrophe).
- Right now, the idea of me being a manager in a serious adult space is laughable and doing an MBA makes me feel like I'm taking the step towards being Donald Trump but at the end of the day, NGOs are also in need of CEOs and I hope I remember that during my studies, management doesn't equal blindly chasing a profit.
- I hope I'll find a way to combine the things I care about with this degree. Next year seems incredibly intense academically so I realize I'm going to have to focus but after that, I want to use this degree for projects that I'm passionate about, to find a way to make this knowledge mine.
- With covid, I'm not sure how much of a chance I'm going to have to actually meet my classmates but I hope I'm going to find people with a similar mindset. I am somewhat terrified of career people who want to be rich and blindly support capitalism with no government intervention.
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I read this book so I can totally skip over the next two years of doing an MBA. Review to come!