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The challenges of management are no joke, and no an MBA won't cut it! Getting real world experience especially at a small firm will allow you to really see how people think and behave. You can't be the fun laid back manager and you can't be so strict that everyone undermines you behind your back. Setting a strict system of how you operate while being reasonable and understanding will go a long way. Balancing these two halves is very challenging though and often at large firms you have little or no control over the system such as how promotions or other benefits work.

It is also just as important to learn how to manage up, meaning to manage you manager as it is to be a manager of employees. One key tip I have found is that it is better to give your managers ideas slowly and let them take it as their own over time. They are far more invested in the idea as they think it is theirs than fighting you on why "your idea" isn't perfect. You will not get credit for the idea however you will come off as a great employee and a real team player.


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