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How Useful is an MBA Degree? | Biocareers
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  • How Useful is an MBA Degree?

    Jenny Xiao, PhD
    Biopharma Business
    Skill Building
    Rate this article:
    3

    Three months after my MBA program, I got a job offer as a product manager at a well-known genomics tool company.  Several classmates of mine who were still hunting asked me: Did your MBA help you get the job?  My answer is: No.  It just helped me to bargain for more stock options. I am kidding, of course.  An MBA degree is valuable for Marketing, Business Development, Finance, Supply Chain management, and even R&D management positions.  However, most of the time, previous working experiences are more important than the degree, at least in the life science tool industry. There are three types of MBA programs: Full time MBA, weekend/evening MBA, and Executive MBA.  Generally speaking, if you want to completely change your career path, a full time MBA is a lot of more useful than the ...