I dreamed about MBA in business law direction, after talking with few young Korean director in few directions they are informed me what for them will be better lesson the directors. how thinks members who on MBA courses and who already finished them?
In Korea, I think MBA is not that necessary / must if you will pursue corporate job.... Korea emphasizes more on the English skills or rather TOEIC and the rest is dependent on your relationship capability...
However, in other countries in Asia, yes it helps with proper corporate experiences...
1) English proficiency is becoming a basic element in the corporate world in Korea.
2) A Korean Based MBA may not be of much benefit. (For non-koreans it could be in certain situations)
3) An MBA from a top international school can make all the difference in the world with regards to moving up the corporate ladder. Also this point is tied to the first one as it also supports ones English proficiency.
The debate of an MBAs worth has been through the ringer and you can argue both sides. Personally I think it very much depends on timing, acquired experience, current skill set, future goals, etc. I've met many people with MBAs that didn't seem to get much out of it, but I've also met many that have seen great boosts to their careers thanks to finishing an MBA degree.
Too true -- especially with an emphasis on future goals. I finished a Korea-based MBA here in Seoul last year and think the one positive benefit I got from it was a change in my mindset of looking at business-related problems and solutions. I'm sure I could have read a few books and learned some similar concepts, but the discussion and lectures with some truly excellent profs from Syracuse University really had a big impact on me. It really is about what you put into it and how well your courses match your future goals.
I believe that MBA necessity in Korea is really depending on what you are after from MBA: either networking or academic advancement.
For networking, YES, MBA (I assume that the MBA program you were referring to is an Executive MBA) will help you build a relationship with Korean Business Professionals (at least above the manager level) under the assumption that your Korean is good enough to have open discussion with your fellows.
If you want to get the advanced academic achievement(such as master of finance or leadership development) and take advantage of being part of Korean MBA program alumni which is very common in Korean business networking, I would recommend you to pursue the MBA programs within Global top 100 business schools. I know that most of top schools are in other countries like USA, Europe or China but you can easily find the alumni group in Korea from those top schools and use it for your business networking.
A Korean MBA is good only for networking. If your professor or peer knows someone who can line you up with work upon graduation then Bob's your uncle.
Most Korean companies don't value the Korean MBA. I have an MBA from a top Korean university. I was lucky to recieve a 1 year contract at a major US insurance copmany based in Seoul after I graduated through my professor's contact. Being the only foreigner in a company of 600 Koreans it wasn't long before I realized why I was hired. I felt more like an experiment and after the year was up I went my merry way. Looking back I was lucky to land a position at all.
However recently I had in interview with SK and was told they only accept American MBAs. This is SK... A Korean company!
Sorry to say this but other than networking a Korean MBA is a duck.
It depends on the company. Most Korean companies value the American MBA more however this may change now that the FTA has been ratified with Europe -although this is still at least a year away from making any kind of effect on employment practices.
The head of SK Energy's human resource dept in Korea is American. He tried to convince his Korean counterparts that I was a worthy hire. They told him directly "American only MBAs" -Suffice to say I didn't get the job