To do an MBA or not, that is the question

The Sunday Times

Quest Ventures’ Managing Partner James Tan was mentioned in this article on the value of an MBA. Dave McClure of 500 Startups was quoted, while Grab founders and public officials were highlighted.

“In the public sector, notable examples include Minister in the Prime Minister’s Office Chan Chun Sing, who was in the Massachusetts Institute of Technology’s 12-month Sloan Fellows programme, as well as Senior Minister of State for Defence Ong Ye Kung, who has an MBA from the Institute of Management Development in Lausanne, Switzerland.

Ms Grace Fu, the Minister for Culture, Community and Youth, has an MBA from NUS.

For those interested in joining start-ups or looking for a partner to start one, business school seems like a good place to begin.

Other examples include Grab founders Anthony Tan and Tan Hooi Ling, who met at Harvard Business School and came up with the idea that won them runner-up position in the school’s business plan contest, as well as Mr Roger Egan and Mr Vikram Rupani, who met at Insead and went on to start online grocery service RedMart.

Another success story is Mr James Tan, co-founder of China’s second-largest group buying site 55tuan, now called Wowo.

It listed on Nasdaq last year, raising about US$37.3 million. Mr Tan hit on his winning idea when he went to Tsinghua University in Beijing for a two-year MBA in 2008 and met his four co-founders.”

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