MBA in Media and Entertainment
You love business and you love entertainment. Maybe you are experienced
in the entertainment industry and looking to further your career. Maybe
you have expertise in a different area and want to switch careers. In
either case, you are looking at getting a Masters in Business
Administration (MBA) to accelerate your career in the world of
Do you really need an MBA to work in the entertainment industry? Which
schools should you target? What kind of job should yo u look forward to?
Here are three big things to think about as you consider your next career
MBAs are business people...not entertainers. Be 100% honest with yourself
on your intentions for being an MBA in entertainment. Understand that
MBAs are highly trained business people that specialize in the
traditional functions of business. You will most likely work in
marketing, strategy, finance, supply-chain management, or a similar
function. If your passion is to produce music with the latest music
mogul, an MBA is probably not the best path. However, if your passion is
to start your own record label and control all distribution...now you are
thinking more like an MBA.
Jobs will come from networking...not on-campus recruiting. With only a
few exceptions, entertainment companies do not recruit at MBA schools.
Most entertainment companies hire "industry insiders" with relevant
experience and contacts. Your main mission during business school will be
to become an "industry insider". This is easiest if you c hoose an MBA
program in a strong media market. Los Angeles and New York are two great
places to start looking. These schools will have the most targeted
classes and the most connected professors. Still, your success will come
from your ability to gain experience, exposure, and new contacts. Leave
no stone unturned.
Opportunities may not come as quickly...but they are there. Companies
like Citigroup, Kraft, and Accenture typically have fast track programs
to accelerate an MBA's growth within the company. Companies like Arista
Records, Warner Brothers Pictures, and Vibe Magazine typically do not.
Your MBA degree alone will not catapult you into the executive ranks. As
a matter of fact, you are probably going to have to make a lateral career
move in terms of salary and responsibility. Your career will accelerate
once you establish your unique niche in the new culture. Be patient, and
know that opportunities are everywhere.
I want an MBA and I want to work in entertainment...how do I get started?
Each year there is a pool of MBA students with aspirations very similar
to yours. Know that there is support for you not only at your school, but
also across the country. There are multiple conferences held each year
where industry executives meet and discuss new business trends. For
example, the MBA Media Conference is a good place to start. Another
tactic is to work for a more traditional company and focus on the
entertainment sector. Think about how many companies leverage
entertainment to build their brand and pursue some of them.
Most importantly, know that this can be done. Quality companies need
quality people and entertainment companies are no different. Be clear
about your ambitions, meet plenty of new people, and learn as much as you
can. Good luck to you!
Did you find this information on MBA jobs useful? What MBA job are you
looking for? Do you know where MBAs typically struggle in their career?
Find out for free at http://www.EvenBetterConsulting.com