Get Your “Personal MBA”
Do you really need to spend upwards of $80,000 in tuition and take two years off to become senior management material?
The supporters of an alternative method, the Personal MBA (PMBA), say no, and it’s an idea that’s developing some traction.
According to the advocates of the Personal MBA, all you have to do to measure up to the pricey MBAs turned out by B-schools is to keep gaining work experience, read a series of books at your leisure, and talk about them with an online community. The organized B-school community, of course, maintains it’s not so simple.
The PMBA, essentially an online list of reading material and accompanying message boards, is part book club and part online community, where participants tackle the reading list one book at a time, then exchange thoughts and insights on the Web site personalmba.com.
There is no diploma, dean, faculty — or cost, other than whatever you pay for the books or a library card.
Though still in its infancy, the grassroots PMBA is gaining a following — and might be yet another ding in the armor of traditional MBA programs.
Photo by PMBA.
cassy on August 23rd, 2008 2:18 am
There are lots of people i know that haven’t finish their business degree but were successful businessman. Its really depend on the person, if he is eager to know and learn.
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