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The biggest problem related to MBA is the title. Very little about the MBA is about 'Business Administration' anymore. To base your ideas about MBA's on this is
by Brushfire 17y ago
The biggest problem related to MBA is the title. Very little about the MBA is about 'Business Administration' anymore. To base your ideas about MBA's on this is both outdated and lacking.
The modern MBA is about combining economics, psychology, math, statistics with finance and strategy. It is not about 'efficiency' or 'productivity' alone, those are just a small part of any business equation.
Much of the popular cynicism about MBA's come from anecdotal references to the MBA jerk who people had a poor experiences with, and certainly isn't based on any real data that I have seen. As I posted in an earlier comment, most people in my MBA class have particular industry and technical experience to draw on, and I doubt most would characterize a business in the fashion you described.
My main point is, if you are going to hate, hate the person, not the degree. The degree didnt make the person who they are. Both intelligent and ridiculous MBA's exist, just like any other career or degree path.
- timwiseman 17y agoMy main point is, if you are going to hate, hate the person, not the degree. The degree didnt make the person who they are. Both intelligent and ridiculous MBA's exist, just like any other career or degree path. True enough, but that is getting off the original topic. Most people who study math do so because they love math. Of course they think about the practicality of getting a job after graduating, but that is a secondary concern. With MBAs, the reverse is true. Some may study it for the love of the subject, but I doubt this is a large percentage. Most study it because they think they can get a high paying (or at least secure) job after graduating. This is not a condemnation of either path, but it is a statement about their motivations.
- wglb 17y agoSounds like you go to one of the two very good MBA programs in the chicago area. Have you gone to one of the chicago hn get-togethers?