Essential Books to Read Before Considering an MBA

Essential Books to Read Before Considering an MBA: Building Your Pre-MBA Reading List

If you’re thinking about pursuing an MBA but aren’t sure where to start, a great first step is to explore some of the best business books available. There are countless books on business published every year that cover everything from accounting and finance to marketing and organizational management. These books not only help prepare you for an MBA program but also give you an idea of what you might learn during your studies.

Reading business books before an MBA can help you decide if this is the right degree for you. If you find yourself captivated by the topics discussed, you’ll likely be well-suited for the challenges and opportunities an MBA program presents. Here’s a list of essential books to read before considering an MBA:

The Personal MBA by Josh Kaufman

This book might seem counterintuitive to include on a pre-MBA reading list, as Josh Kaufman argues that much of what is taught in an MBA program can be learned outside of the classroom. However, The Personal MBA is an excellent resource for anyone looking to gain a solid understanding of key business concepts. Kaufman’s approach is to distill the essential knowledge for entrepreneurs and business leaders into one comprehensive volume. Even during my MBA journey, I have found myself referencing this book for alternative explanations of various subjects I encounter in the classroom.

The McKinsey Way by Ethan M. Rasiel

McKinsey & Company is one of the world’s top management consulting firms, and understanding their approach to solving business problems can provide valuable insights into any MBA program. In The McKinsey Way, Ethan Rasiel offers an inside look at how the firm frames challenges and provides solutions for clients. While you might not be pursuing a career in consulting, the analytical techniques and strategies discussed in this book are highly applicable to various industries and will enhance your ability to think critically and solve problems, key skills in any MBA program.

Inside Apple by Adam Lishinsky

For anyone interested in understanding how one of the world’s most successful companies operates, Inside Apple offers an intriguing inside look at the strategies that have driven Apple’s success. The book dives into the company’s culture of creativity, leadership, and personal responsibility. Apple’s business model is a case study in innovation, making this book an invaluable resource for aspiring business leaders. Understanding Apple’s approach can provide essential lessons for anyone pursuing an MBA with a focus on innovation and entrepreneurship.

Shoe Dog by Phil Knight

Phil Knight, the founder of Nike, shares the story of how the company began in his memoir, Shoe Dog. The book offers a behind-the-scenes look at how Knight went from a Stanford MBA to creating one of the world’s most valuable brands. For those interested in entrepreneurship, Knight’s story is an inspiring account of how challenges and perseverance can lead to success. If you plan to pursue an MBA program with a focus on entrepreneurship, this book is a must-read.

The Ascent of Money by Niall Ferguson

The Ascent of Money by Niall Ferguson offers a historical perspective on the development of modern finance. It covers everything from the invention of the first coins to the development of financial markets, providing a fascinating look at how finance has evolved over time. Even if you’re not planning to specialize in finance, understanding the history of money and financial systems is essential knowledge for any MBA student.

Moneyball by Michael Lewis

Michael Lewis is renowned for his ability to explain complex business and financial topics in an engaging and relatable way. In Moneyball, Lewis tells the story of how the Oakland A’s used data analytics to build a competitive baseball team, challenging traditional methods. This book is a perfect introduction to how data can be leveraged to make business decisions, making it an excellent prelude for those pursuing business analytics in an MBA program.

Freakonomics by Steven D. Levitt and Stephen J. Dubner

Freakonomics is one of the most popular books that applies economics to a wide variety of real-world scenarios. Using data and analysis, Levitt and Dubner explore topics ranging from crime rates to school performance. For anyone interested in economics or data analysis, this book is an accessible introduction to how economics intersects with everyday life. The book's ability to challenge assumptions and ask difficult questions is a trait that any MBA student will need.

Planet Money Podcast

While not a book, Planet Money is a fantastic resource for anyone considering an MBA. This podcast offers approachable, engaging discussions about economic and business concepts. The show regularly features episodes that connect real-world stories to business and economics, making it an excellent resource for understanding the types of concepts you might encounter in an MBA program. Specifically, their Planet Money Goes to Business School series provides a fun and informative way to explore topics related to MBA education.

Conclusion: Preparing for Your MBA Journey

Reading business books before an MBA is a great way to gain foundational knowledge that will serve you well throughout your studies. Whether you're exploring topics like entrepreneurship, finance, or business analytics, these books offer invaluable insights that can help you hit the ground running when you start your MBA program. If you’re ready to take the next step in your business education, Crimson’s expert advisors are here to help you navigate the application process and find the right MBA program for your goals.

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