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Help Wanted, Business Degree Preferred
When Carlos S. da Costa Pinto left the workforce to pursue an MBA at UT in 1993, he was not alone. The early 1990s was a time of great change for Brazil. Aiming for economic stabilization, the country adopted tax reforms, carried out programs of deregulation and privatization, eliminated price controls, removed quantitative restrictions to trade, and considerably reduced import tariffs.
With new exposure to the global economy and increased international competition, Brazilian companies discovered they needed additional quality managers and improved management tools.
"At that time, you saw many Brazilians going to the United States or other areas to pursue an MBA, and you saw lots of business schools popping up here in Brazil,” Pinto says. Even with the increase, an MBA degree remains fairly uncommon, and someone with an MBA is very valuable in Brazil.
“There is a big demand for MBAs here in Brazil,” says Filipe Martins de Lacerda, MBA 90 and Executive Director for the Business School São Paulo (BSP). “And there is a big need for new management tools.” “My MBA provided the tools I need to be a good manager and a good leader,” Pinto says. “I learned to think strategically – to see what we need to do to get where we need to be. I learned to look for opportunities.” Amid the recent changes and advances in Brazil, the country is full of opportunities for business graduates. “Education is very important in business now days,” de Lacerda asserts. “Education will play a big role in the new economy.”
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