[thechat] What's an MBA Really Worth?

Madhu Menon webguru at vsnl.net
Mon Nov 11 03:53:01 CST 2002


Interesting article on whether an MBA is worth the paper it's printed on.

I like this quote:


The drive for academic respectability, however, has nurtured a teaching
culture in which few marketing professors have managed a brand, few
management professors have led a team, and few finance professors have done
a deal. "You had faculty from social science disciplines like economics and
sociology replacing real-world practitioners in classrooms," says James
Bailey, an associate professor at George Washington University's business
school. "Aside from Harvard and [the University of Virginia's] Darden,
which stayed with the case method, business schools began telling students,
'Here's the concept, you figure out how to apply it.'" The result is a
mismatch between what students are being taught and what they need to know
to succeed in business.




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