About an MBA
In order for an MBA to be worth something, it really depends on what your undergraduate cause of study is. A MBA, is after all, a Masters of Business Associates. Most MBA programs are desgined for people who already have another profession.
For example. A Doctor, who wants to become the Director of a Hosiptal.
But that in itself is not going to get you there. One thing in the business world is you can have all the pieces of paper under the sun, but you are not going to get the job if you can't establish some kind of track record. This really matters a lot more than what grades u get etc, and the only way you can get it is to get out there and start trying.
There is no single path one embarks on if you want to get this positionn. When Webber was CEO of Lufthansa, well, he started out in their Maintanence department, and under his watch, it was the second biggest Airline in Europe and the Biggest on the continent. However, when Rod Eddington took over at BA
, he had 25 years of experience at Cathay Pacific, before moving to Ansett (and growing frustrated ) and fleeing to his present position at BA
Your chances in the American marketplace any time in the near future are bleak at best, and I would suggest after your education, you seriously consider getting out. Why not consider Emirates? A young and expanding company like this is going to have far more opportunites for advancement, and to gain experience than companies that are facing consolidation, bankruptcy etc etc.
Education wise. Well, really any finance/economics/commerce disapline is probably a good start. I would make a point of getting some marketing subjects in there (although there is no need to major in this), and definately finance.
Margaret Jackson, the Current chairman at QF
, was at a big accounting firm and used to provide services for Qantas, before being invited to become a board member, and then Chairman.
So, one possibility is to work your butt off and try and get a job as an analyst at somewhere like PriceWaterHouseCoopers.
The reality is though, your going to be 50 before they give you a serious chance at any of this if you want to go the traditional path.
Now if your interested in starting your own Airline. First... dont do it in the USA anytime soon unless a few majors suddenly go under. Then your going to need to be in a position where you can access capital quickly, so unless you already have a personal fortune stashed away your going to need experience and credibility to go to the stockmarket or venture capitalists. I think a good grounding in Microeconomics, (macro not so important for this purpose) Marketing, some basic finance, would be your principle concerns. Make sure you do Econometrics...its boring as hell doing it but an understanding of it is a very powerful tool. The main thing here is we can get your brain to think in terms of opportunity cost at an advanced level. This is something accountants usually aren't too concerned with, so i wouldn't focus too much on accounting (although u should do at least 1 first year subject to make sure you can read a balance sheet and all of that, and do it properly and understand the implications.) Same for tax. Unless you want to be a tax accountant don't worry about taxation.
Some consumer behaviour or orangisational behaviour is also useful. You can take a number of study paths to achieve all any of this... such as a dual major in say economics/marketing/finance Or perhaps do say Marketing/Industrial psycologoy and then do a masters, enabling you to get more finance and economics in when you do your masters.
At the end of the day, I am in agreement with Donald trump... a lot of them are Egg heads pushing Business School Bullshit. That is comming from a guy who is about to get his masters in a matter of weeks. Education is important, but you, are ultimately the one who's got to make it work.