MBA in Media and Entertainment
You adore business and you also adore entertainment. Maybe you're experienced at the AKR industry and also looking to help your career. Maybe you've got expertise in a different area and want to change careers.
Do you actually want an MBA to operate in the entertainment market? Which schools should you aim? What kind of job should you look forward to? Here are 3 big ideas to think about as you think about your future career step.
MBAs are people. . .not entertainers. Make 100% honest with your self in your own goals for as an MBA at entertainment. Know that MBAs are highly trained people whose specialty is in the standard functions of business. You will most likely work in promotion, strategy, fund, supply-chain direction, or a related function. If your fire is to produce music with the newest music mogul, an MBA is probably not the ideal path. But if your passion is to begin your own record label and control all distribution. . .now you're planning more like an MBA. Jobs can result out of media. . .not on-campus recruiting. With only a few exceptions, entertainment businesses don't recruit at MBA schools. Most entertainment companies hire"industry insiders" with relevant experience and contacts. Your main assignment throughout business school is going to soon be to develop into a"industry insider". That is easiest for those who opt for an MBA application in a solid media market. Los Angeles and New York are just two great places to begin looking. These schools will have the most concentrated classes and probably the most connected professors. Stillyour success should result from your own ability to get experience, exposure, and fresh contacts. Leave no stone unturned.
Opportunities might well not come as fast. . .but they're there. Organizations like Citigroup, Kraft, and Accenture on average have fasttrack programs to hasten an MBA's growth over the corporation. Your MBA degree alone won't direct you into the executive ranks. As a matter of fact, you're probably going to need to make a lateral career move concerning responsibility and salary. Your livelihood will quicken once you establish your unique niche in the new civilization. Have patience, and be aware that opportunities are everywhere.
I want an MBA and I want to operate in entertainment. . .how do I get started? Each year there's a pool of MBA students with dreams very like yours. Realize there will be support for you not only at your school, but also through the country. There are several conventions held annually at which industry executives meet and discuss new industry trends. As an example, the MBA Media Conference can be just a good place to get started. Another tactic is to work for a more traditional company and concentrate on the entertainment industry. Consider how many businesses leverage entertainment to establish their brand and also chase a few of these.
Most importantly, know this can be carried out. Quality companies desire caliber people and entertainment businesses are no different. Be clear about your ambitions, meet plenty of fresh people, and learn as far as possible. Superior luck to you!