Advantages of a One Year MBA

Carlos Rincon is a full-time MBA candidate in NYU Stern’s Andre Koo Tech MBA program. Before Stern, Carlos worked in management consulting at Bain in Colombia, Brazil, and Chile. Upon graduation, he plans to work in strategy at a tech company. 

 

 

 

 

Why an accelerated tech MBA program at Stern? 

For me, there were several elements for why an accelerated program focused on tech was the best decision. The two foremost are: (1) Having a clear vision that I want to focus my future career in tech and (2) being an international student, I was eager to gain experience in the New York City and US tech scene. Some of the advantages I see include: 

Tech is a fast-moving industry: To be ahead in tech, you need to be building permanently.

  • New opportunities generated by Internet penetration: This creates an environment where technology developers can create and change things anywhere at any time. This “coding offer increase” is a complete market shift from the past, where one of the main constraints to develop was to have more coders. 
  • The duration of the program not only means you will return to the market faster, but the program design allows you to be constantly updated on what the New York tech ecosystem is doing.

More interaction with the tech cohort: The tech cohort is not only small (just ~50 people) which allows deep bonding, but also has more experience and general interest in the current tech trends such as the metaverse, blockchain, decentralization, intelligent cities, crypto, etc.

  • The Tech MBA class profile also attracts people with more experience (6.2 years against 5.0 years of the regular MBA), leading to more knowledge on how to approach and leverage classes.
  • The experience of the class concentrates on tech trends that will address the future of the world, creating compelling environments in the classroom conversations on these topics.

Return On Investment: As an international student, I was very focused on the program’s ROI. Although there isn’t time for an internship, the recruiting season begins in the fall, when Tech MBA and second-year MBA students are ready to be back in the market upon graduation in May. 

  • This results in a great recruiting season with second-year MBA students returning to the workforce in only one year 

Entrepreneurial spirit: A significant group of students in our tech cohort have experience in startups or entrepreneurship, or are interested in pursuing this in the future. If you are interested in looking for co-founders, having exciting conversations, or understanding how startups work, you will find a group of people with experience in this field.

  • Joining the entrepreneurship groups is also a great way to acquire some experience and gain exposure to how the VC world works.

Things to keep in mind:

Networking

  • Not having a summer internship requires more focus on the type of industry you want to pursue during the recruiting season. Define the industries and companies you want and begin to build relationships to be updated on job offers and recommendations. Spend energy generating authentic relationships with the companies you target. 
  • My advice – leverage ALL of the Stern network. After defining the companies where you want to work, contact the Stern alums at that company doing relevant roles to the ones you target. The sense of community of Stern is such that most of the time, you will receive an answer and indeed some availability to have a coffee chat and understand better how the company works and if it indeed adjusts to what you want to do. (They have been incredibly helpful to me)

Summer is intense, but don’t stress out!

  • Don’t miss the opportunity to know more of your classmates and do fun things. The program is fast and busy, but putting in the extra time to explore the city with your cohort and get to know one another is beneficial both personally and professionally! 
    • Advice: If you need help with the summer classes, don’t hesitate to ask. One of your classmates will be familiar with the subject, and everybody is receptive to help. You are all in this together!
  • If you’re interested in pursuing consulting or banking, spend time refining your skills over the summer so that you are prepared when the club activities start in the Fall and full-time recruiting ramps up. Don’t miss any opportunity to travel with your cohort! 
  • Unfortunately, time goes rapidly, so understand when your breaks take place and organize all the trips you can with your cohort!

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