Why Experiential Learning is So Important in Your MBA

In place of repetitive learning, experiential learning involves actively using critical thinking, problem solving and decision-making skills.

Experiential learning focuses very much on collaboration, reflection and creativity. You’ll quickly learn what works well and what doesn’t work well. More importantly, you’ll learn from your mistakes and see the value in them as you go.

Whether it’s an internship, business competition or incubator program, companies and employers want graduates who have valuable practical experience. It demonstrates your commitment and enthusiasm for the field, while developing key skills that can’t always necessarily be taught in the classroom (see above).

Your capacity to adapt to new situations also develops, as does your confidence when it comes to taking ownership of a situation when it comes to managing and executing business strategies. If an employer can see this, it’s a lot easier for them to envision you already in the role.

“The project is designed to put you in potentially challenging situations, and the way we navigate through those situations can demonstrate behaviors and traits that recruiters are looking for,” explained Winarendra.

The MBA itself is one of the most recognized degree programs in the world, and carries a significant ROI by itself.

But if you decide to change career paths, or are fresh out of business school, your CV can be the golden ticket to showcasing your academic accolades.

Highlighting practical experiences that demonstrate your ability to put theory into practice and a skillset that might not have otherwise been possible to develop through traditional classroom learning alone can help cultivate job prospects and salary increases.

To complement her internship experience in the social sector while on exchange, Shilpa undertook an elective strategy consulting project with a live client in Australia, which allowed her to “work with a leading social sector organization in Australia and experience working culture there.”  

Image credit: Alliance Manchester Business School

Although experiential learning may not be for everyone, this almost radical recalibration from traditional instructional learning allows students to excel in their ability to work and think like a business professional.

While there’s still a place for traditional learning resources and facilities, it’s clear that experiential learning can help ensure you graduate with the skillset, industry experience and global perspective that employers are looking for.