Interested in going abroad for an MBA a few years down the line. Is there any specific area of law and/or team that could provide me with a decent foundation for what an MBA program could throw at me? Are there any other skills that I must look at building up, that a law firm job would not potentially provide?
At the beginning stages of my research for this. Any advice in general with respect to what I should be looking at, or what I should be doing would be much appreciated.
If you're weak in quant, brush up. You will need it for your GMAT and also for the course.
In terms of specialisation, depends on what kind of law you are practising. Finance works well with financial law, tech works well with IP and cyber law etc.
Given your interest in pursuing an MBA abroad, it's important to consider some key differences between law and business studies, and how they might impact your preparation. While the MBA is often viewed as overhyped in India, primarily for its placement opportunities, the true value of an MBA lies in its broad approach to problem-solving and emphasis on collaboration.
Law focuses on learning rules and procedures within a competitive environment, whereas an MBA will challenge you to apply simple, effective rules across various aspects of life and work. This teaches you to think broadly and work collaboratively, skills that are crucial in any business setting. This is not something which comes easy to lawyers and the more you be a lawyer in a law firm, the more difficult this transition will take.
However, if you want to make your MBA experience truly enriching, consider diving into subjects like accounting and finance, which are fundamental to understanding the language of business. Additionally, running your own business, even on a small scale, can provide invaluable real-world experience that enhances your learning in an MBA program.
Before you decide, it's crucial to reflect deeply on why you want to pursue an MBA. Understanding your core motivations will help you determine if this degree aligns with your professional goals. Once clear, choose a business school that aligns with your learning approach and where you aspire to relocate and work.
Rather than looking for a specific area of law that might prepare you for an MBA, focus directly on gaining experiences that align with your interest in business. As Warren Buffet suggests, align your actions closely with your goals to make the most of your time and efforts.
Reflecting on my personal experience, completing my MBA over a decade ago significantly changed my perspective, enabling me to integrate a business viewpoint in all my professional endeavours. This shift might well be something you find equally transformative, should you decide to proceed with an MBA. Speak to lawyers who have done an MBA to get the right insight. No blogs or posts here can serve that purpose.
At the beginning stages of my research for this. Any advice in general with respect to what I should be looking at, or what I should be doing would be much appreciated.
In terms of specialisation, depends on what kind of law you are practising. Finance works well with financial law, tech works well with IP and cyber law etc.
Law focuses on learning rules and procedures within a competitive environment, whereas an MBA will challenge you to apply simple, effective rules across various aspects of life and work. This teaches you to think broadly and work collaboratively, skills that are crucial in any business setting. This is not something which comes easy to lawyers and the more you be a lawyer in a law firm, the more difficult this transition will take.
However, if you want to make your MBA experience truly enriching, consider diving into subjects like accounting and finance, which are fundamental to understanding the language of business. Additionally, running your own business, even on a small scale, can provide invaluable real-world experience that enhances your learning in an MBA program.
Before you decide, it's crucial to reflect deeply on why you want to pursue an MBA. Understanding your core motivations will help you determine if this degree aligns with your professional goals. Once clear, choose a business school that aligns with your learning approach and where you aspire to relocate and work.
Rather than looking for a specific area of law that might prepare you for an MBA, focus directly on gaining experiences that align with your interest in business. As Warren Buffet suggests, align your actions closely with your goals to make the most of your time and efforts.
Reflecting on my personal experience, completing my MBA over a decade ago significantly changed my perspective, enabling me to integrate a business viewpoint in all my professional endeavours. This shift might well be something you find equally transformative, should you decide to proceed with an MBA. Speak to lawyers who have done an MBA to get the right insight. No blogs or posts here can serve that purpose.
All the best with your future plans.