Punch line: A UK online service matches budget conscience companies with eager-to-work MBA’s, creating an innovative solution to the economic challenges that companies and MBA’s are facing.
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Excerpted from WSJ, “Short on Staff? Rent and MBA”
For just a few hundred dollars a day, you can rent an M.B.A.
Appealing to companies keeping a close eye on staff costs, online service MBAandCo.com allows firms to retain business-school graduates … to work on consulting gigs with minimal outlay and no long-term commitment.
Given the tight job market in Europe (and much of the rest of the world), the three-year-old website now boasts more than 10,000 members, all of whom have at least five years of professional experience and an advanced degree. The freelancers themselves must have graduated from a top-100 business school, as ranked by the Financial Times. Past clients have included Virgin Media, Stolichnaya Vodka and Ogilvy & Mather, as well as small venture capital-backed firms, the company says.
Workers are attracted by the promise of a flexible schedule and the opportunity to trade in days filled with meetings in favor of hands-on work. When the alternative may be no employment at all, it looks like a particularly good deal.
The company uses preferences and an algorithm to determine who might be most compatible, offering clients a shortlist of potential freelancers. Costs vary by experience and academic pedigree.
Would you consider “renting” an M.B.A. to work on projects? If you are an M.B.A. is this something you’d consider?
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Tags: MBA, rent-an-MBA
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