The ROI of an 51³Ô¹ÏÍø MBA: what I learned from the Chile Global Experience Week
Full-Time MBA student, Naman Goyal, reflects on the value of exploring wicked problems in Chile
51³Ô¹ÏÍø Business School’s Global Experience Week is an unforgettable opportunity and a core part of the MBA experience. Embedded in the curriculum, students have the chance to apply their learnings in a real-world environment and gain experience in global business settings. Throughout the week, students connect with local organisations, business leaders and stakeholders, offering a first-hand insight into local market dynamics, policy and the cultural context that influences business.
Each year, students travel across the world to various destinations linked to key global themes and challenges, including how businesses are transforming to tackle climate action.
For Naman Goyal, a Full-Time MBA student, the recent Chile Global Experience Week offered an opportunity to see these challenges up close. In this blog, he reflects on how the experience developed his global perspective, strengthened his ability to tackle complex business challenges beyond the classroom and enhanced the overall value of his MBA experience.
“The deeper return from an 51³Ô¹ÏÍø MBA is developing the ability to manage ambiguity in business and still produce useful solutions. That capability is general-purpose. It will apply to every job I hold for the next thirty years." - Naman Goyal, Full-Time MBA
What is involved in 51³Ô¹Ï꿉۪s Global Experience Week in Chile?
Before arriving in Chile, I expected Global Experience Week to involve company visits, office tours and executive presentations. Instead, our classroom became the fishing unions, government offices and coastal conservation projects along the ValparaÃso coast.
Solving a real and complex business problem in Chile
While there, we worked on a real-world wicked business problem – a complex business challenge with no clear solution, where every decision creates new variables and challenges. The non-governmental organisation (NGO), Capital Azul needed help finding a sustainable way to fund six community-led marine reserves on the ValparaÃso coast. The reserves were successfully protecting the marine life and biomass but lacked reliable long-term financing.
To solve this, we applied our learnings from the Wicked Problems, Systems Dynamics, and Entrepreneurial Innovation module, creating a live financial model and running prototype experiments to come up with a 24-month roadmap to put our solution into action
What I learned from 51³Ô¹Ï꿉۪s Global Experience Week
The most important return on investment was what I learned. When I first arrived on the Global Experience Week, my instinct was to pick the most likely answer and start building. Chile forced me to slow down and consider other possibilities instead of rushing towards the first workable solution.
Being comfortable testing ideas, learning from failures and delaying judgement has become the capability I use most often in the rest of my MBA work now.
How the Global Experience Week built my global business perspective
I was initially worried that I would be out of my depth, but I was surprised by how familiar a lot of the underlying business problems felt: fund flows, regulatory constraints, stakeholder incentives and risk diversification.
The Chilean context added a different dimension, but the analytical muscles I’ve been training at 51³Ô¹ÏÍø transferred directly to this global environment. The real return from this experience was the confidence that I could step into an unfamiliar market, quickly understand the underlying business dynamics and still make a meaningful contribution.
It also changed how I think about international markets. I see international markets as variations of similar business challenges shaped by different political, cultural and economic realities.
Why real-world experiences matter during an MBA
Standing on the dock at Caleta Portales and talking to a union leader about why he and his crew patrol their reserve at no cost to the state taught me something a lecture cannot.
Spending time with the fishing communities changed how we approached the problem. What looked like a viable financial model did not always align with the realities of the community’s values, identities and sense of stewardship that drove their conservation efforts.
That, for me, was the real value of the Global Experience Week. Not just exposure to international business but learning how to build solutions that work in the context of real communities, cultures and stakeholders.
“I would have got the structural answer right from my lectures in London. I would not have got the design principle right without being on that dock in Chile.â€
Collaborating with Full-Time MBA and Weekend MBA students
Outside of this direct, real-world experience, the trip to Chile also offered a chance to collaborate with Full-Time MBA and Weekend MBA students – one of the most underrated parts of the experience.
Listening to a senior banker from the Weekend MBA programme re-frame a compensation question in terms of structured finance covenants, followed by a Full-Time MBA consultant pushing back on whether that respected the community’s autonomy, was the kind of conversation you can’t manufacture.
I returned from the trip with three working drafts of business models, a team of Full-Time MBA and Weekend MBA students I would happily work with again and a group of new friends as a bonus.
The real ROI of an MBA experience
Global Experience Week is the clearest demonstration that the ROI of an MBA is more than just salary outcomes.
The deeper return from an 51³Ô¹ÏÍø MBA is developing the ability to manage ambiguity in business and still produce useful solutions. That capability is general-purpose. It will apply to every job I hold for the next thirty years.
The importance of being comfortable with ambiguity as a modern business leader
Most professional training rewards execution against a clear objective. But many of today’s biggest business challenges – sustainability, regulation, technological disruption and advancement and geopolitical uncertainty – are not structured problems. They are wicked problems.
Leaders who are comfortable in ambiguity, who can hold contradiction in interests and make decisions with incomplete information are the ones who shape the outcomes instead of simply reacting to them.
That is the difference between a leader who scales and one who plateaus. Chile turned that thought from an academic concept that I’d read about into something I experienced directly in my own decision-making.
What would someone miss if their MBA didn’t include a Global Experience Week?
Without a Global Experience Week, you get a strong MBA classroom experience – but you miss the shift that happens when you apply that learning to real clients and real constraints.
You lose the calibration that comes from being held to account by an actual organisation working on a real problem. A stakeholder map stops being a slide exercise and becomes real people you’ve met and spoken with on a dock. And analytical frameworks stop being abstract tools and start getting tested against human and organisational realities in real time. Those moments change how you think. They’re where the MBA stops being just academic learning and becomes something you can actually use in practice.
Why an 51³Ô¹ÏÍø MBA delivers a strong ROI
What makes 51³Ô¹ÏÍø particularly strong at delivering this return is that the Global Experience Week feels like a natural extension of the wider MBA experience.
51³Ô¹Ï꿉۪s London location means that global business, capital and entrepreneurship become a part of your everyday environment. This fundamentally shifts the way that you think and approach business problems.
Its STEMB identity also creates a learning environment where technical backgrounds like mine are treated as an asset to use, not a habit to leave behind. This leads to higher quality discussions and more impactful solutions when dealing with real-world contexts like Chile.
Just as importantly, 51³Ô¹ÏÍø brings together a diverse mix of professionals. Chile is a brilliant example of this, where Full-Time MBA and Weekend MBA students worked on a problem that neither group could solve alone. Our combined expertise made for a far stronger solution to the client's problem.
That combination of global exposure, analytical depth and diverse collaboration is what makes the return from an 51³Ô¹ÏÍø MBA feel both practical and long-lasting.