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Faster and Bolder: Having an MBA in 1993 was a tremendous competitive advantage | Martin Sauer, RBS
Part two in a series by the Katz Graduate School of Business
Martin Sauer, the Deputy Head of Corporate Coverage with the Royal Bank of Scotland (RBS) in the Czech Republic and Slovakia was one of the first graduates of the master of business administration (MBA) program provided in this country by the University of Pittsburgh’s Katz Graduate School of Business. At that time, it was administered under the Czechoslovak Management Center (CMC) in Čelákovice. The partnership lasted from 1991 till 2003. In 1998, the full-time MBA program was transformed into an executive format as the International Executive MBA, nowadays Executive MBA Worldwide Program run independently by the Katz School in Prague, Pittsburgh and Sao Paulo.
Talking with Martin Sauer is like diving back into the optimistic mood of the early ‘90s, when everything seemed possible. Getting an MBA so soon after the regime change meant not only an open door to faster career growth, but also a solid base for bolder business decisions and valuable relationships with other graduates, he said. This year, the Katz Graduate School of Business is celebrating the 20th anniversary of the graduation of its first MBA students in the Czech Republic. There are now more than 500 Katz alumni in Europe.
Q: What was your position when you started the MBA program?
So, for me, the MBA program was really indispensable. In a way, I am a good example of an MBA graduate because before it I had very limited knowledge of business, and the program was a big leap forward. There were some pretty experienced guys in our class, and for them the difference maybe wasn't that big but, for me, obtaining an MBA in 1993 was a really huge step. I am so glad that I did it so early in my career, but also that the Communist regime collapsed soon enough for me to jump in. I was still young enough to realize my potential - unlike our fathers, who also had talent, but weren't able to develop it and thus missed out on many good opportunities.
The Katz Executive MBA Worldwide Program prepares established business leaders for strategic roles in global economy Learn more
This article was part two in a series.
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