How to beat the MBA crowd

26 June 2016 - 02:00 By Margaret Harris

The MBA may be losing some of its shine, according to the results of a report from executive search firm Jack Hammer. CEO Debbie Goodman-Bhyat says the independently researched publication showed that higher degrees improved candidates' attractiveness, but an MBA was "no longer a 'magic ticket'". She adds: "In the past, an MBA was a rare qualification, and its presence on a CV made it a significant and prestigious addition. These days, MBAs are in abundance and no longer make the same impact."story_article_left1She has the following advice:• Other degrees have become a more important way to distinguish yourself in the job market. "What is more critical when aiming for the top is to ensure a strong financial, business or technical qualification, and having obtained a postgraduate degree," she says;• Previously, having an MBA set you apart from the rest of the pack, but now it is required just to get to the starting line. An MBA is no longer considered "superior to other master's degrees in a technical discipline";• Companies want to know you can deliver, so pursuing another master's degree in an area that pertains to your industry will take you much further; and• The research also found that tomorrow's top leaders need much better education today. "If maths and science are not mastered at school, there is little hope that a candidate will be able to overcome the initial hurdles of acquiring a financial, technical or business degree and claim a top leadership position."

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