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What did you learn in business school that was the most useful?
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Matthew’s Answer
Wow, that's a fantastic question! I personally found going back to business school after gaining some experience in my field to be incredibly beneficial. Most of the content expanded upon the fundamental principles from my undergrad years, but at a higher level. As others have mentioned, you'll explore the intricacies of funding, launching a business, financial reports, and so on.
However, what truly set my experience apart was the chance to apply our knowledge to real-life case studies. This enabled us to appreciate the decisions made by successful companies and learn from the mistakes of those that didn't fare as well. Although hindsight is always clearer, these case studies helped us grasp the market conditions, consumer preferences, and emerging technologies that influenced those decisions at the time.
Ultimately, it gave me a broader and more empathetic perspective on decision-making, as well as a greater understanding of how those decisions affect various stakeholders. The realization that we must strive for balance in our decisions by considering multiple perspectives was truly transformative. I believe that this kind of experience can be incredibly motivating and empowering for anyone looking to enhance their skills and insight in the business world.
However, what truly set my experience apart was the chance to apply our knowledge to real-life case studies. This enabled us to appreciate the decisions made by successful companies and learn from the mistakes of those that didn't fare as well. Although hindsight is always clearer, these case studies helped us grasp the market conditions, consumer preferences, and emerging technologies that influenced those decisions at the time.
Ultimately, it gave me a broader and more empathetic perspective on decision-making, as well as a greater understanding of how those decisions affect various stakeholders. The realization that we must strive for balance in our decisions by considering multiple perspectives was truly transformative. I believe that this kind of experience can be incredibly motivating and empowering for anyone looking to enhance their skills and insight in the business world.
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Lorenzo’s Answer
Hello David,
I learned skills in business school that I could use in my personal life as well as applying to my job.
Specifically in my fiance class I learned how businesses get financing to run the company. I learned about business loans, issuance of company bonds, company stock, etc. With this knowledge I am able to understand how financially companies are. I also learned the different ways loans are structured.
In my accounting class I learned how companies report out finances, income, debt etc. I also learned how to use these skills for my own use such as establishing a home budget, saving money for large purchases, living below my means, saving for children's college as examples.
I learned skills in business school that I could use in my personal life as well as applying to my job.
Specifically in my fiance class I learned how businesses get financing to run the company. I learned about business loans, issuance of company bonds, company stock, etc. With this knowledge I am able to understand how financially companies are. I also learned the different ways loans are structured.
In my accounting class I learned how companies report out finances, income, debt etc. I also learned how to use these skills for my own use such as establishing a home budget, saving money for large purchases, living below my means, saving for children's college as examples.
Updated
Louie’s Answer
To give a different perspective, I've learned the most about running a business through practical work experience paired with simply getting my hands dirty and starting a business of my own. Education is definitely valuable and can position you for success long term as it arms you with knowledge and insight from experienced, successful business professionals. Diving into a low-risk business that you can run with little-to-no resources or capital can be both rewarding and insightful in ways that business school doesn't cover.
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Siddharth’s Answer
To me the most useful aspects of B school was the case studies and simulation based situation of managing a company and establishing strategies to generate profit for the organization.