Thursday, April 7, 2011
3 Reasons Why All MBAs Should Teach
MBAs are applying to Teach for America in record numbers. Babson's Olin School of Management launches a satellite campus in Silicon Valley, and Tom & Miro talk about how you should give a lecture in something you know nothing about.
Welcome to the MBA Show teachers edition.
Does that mean we have all the answers in advance.
I think the only think we know for sure is that we DON’T have all the answers.
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(1) Headlines: MBAs do TFA
MBA applications for Teach For America are up 7x over the past three years from 91 applicants to 641. TFA takes students out of top schools and matches them with underserved public schools.
I thoguht they only recruited undergrads
They’re do.
I thought they were a NOT-for-profit.
They are.
I thought they only paid public school teach salaries.
They do.
You know I hate it when people are motivated by things other than money! [disconnect]
I know. It’s okay.. But there are a bunch of great programs out there. Education Pioneers and The Broad Foundation also have great programs specifically aimed to get MBAs into educational system.
And if that doesn’t work out. You can always get a job in banking
http://www.businessweek.com/bschools/content/apr2011/bs2011041_412443.htm
http://broadresidency.org/
http://www.educationpioneers.org/
(2) Headlines: Babson Opens Satellite Campus
Babson’s Olin School is opening a satellite campus in Silicon valley. Well actually, San Fransisco.
Schools have satellite campus? What is the plural of campus? Campooses? Campusi?
Well if you remember back to your Latin …
What Latin?
I don’t have time to lecture you on the genitive neuter but
let’s just stick with Campuses.
I think the basis of this conversation highlights the absurdity of this plan. This is basically designed to milk the brand.
Noooooo, They are reinforcing the brand. Babson has a really tight focus on being the entrepreneurship school. You want to be the entrepreneurship brand, so you go to be in Silicon Valley. It enhances their credibility.
Is anyone else doing this?
Wharton has had a program there for a decade.
They do?! How come I haven’t heard of it?
Becuase it’s basically an Executive MBA program designed to milk the brand.
http://www.ft.com/cms/s/2/1051cd96-5c6a-11e0-8f48-00144feab49a.html?ftcamp=rss#axzz1Ifzz5f4k
(3) Jargon: Teaching
Our jargon this week is a word most MBAs don’t know, and you should because its a career path and something you should consider: Teaching
1. Give back
2. Help Children
3. Contribute to society
I was just kidding. [defeated look from miro]
Banking..
(4) Business School Tip of the Week: Teach something.
Give a formal talk or presentation
What do you mean?
Engineer a situation where you get to be the leader giving a talk, lecture, or presentation.
Why would I do that?
Build Credibility.
Don’t I already need to be credible to give a talk?
Credibility is a chicken and egg thing. No one is credible until they give their first talk. Afterwards, then you’ll have credibility. In job interviews, you’ll be able to say, oh I actually used to teach social media.
Build expertise
Tom, I came to business school to transition to being an entrepreneur. I don’t want to give another talk about how do to market research?
You should give your talk in something you want to go into. It’s okay for it to be a stretch topic, because after you commit to giving the talk, psychologically it will be a very powerful motivator to BECOME an expert in that topic.
Network
How so?
When you’re prepping for the talk, you can reach out to anyone. For example. suppose you’re giving a talk on M&A in education. That’s a great reason to reach out to Andy Rosen, the CEO of Kaplan.
So you ARE thinking about giving a little back in non-profit.
No, I’m actually thinking about A-ing someone in education.
What’s A-ing?
Acquiring.
Is that a thing?
No. It could catch on.
BONUS CONTENT TEASER
If you’re interested in more on-the-ground steps to give one of these talks, check out the bonus content where we’ll discuss a step-by-step guide.
(5) What’s on your Radar?
Polishing up our application for Mass Challenge. This is a start-up accelerator, and we need your help to make it to the next round.
Go to Bit.ly/Testive and vote us as 5 star, on the star ranking on the upper right of the page.
Lord knows, we don’t ask you for much. And while you’re there, remember not to vote for anyone else.
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Concurrently and alternatively, is the MBA 2nd year student applicable for the TFA position, or does the MBA degree in fact have to be fulfilled prior to admission? Please advise. Thanks!
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