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I think a lot of the comments in this discussion, yours included, seem to be misunderstanding what business school is about. Business schools are teaching mana
by deyan 17y ago
I think a lot of the comments in this discussion, yours included, seem to be misunderstanding what business school is about.
Business schools are teaching management, which by definition is about reducing risk and optimizing existing operations in a running business, hence the emphasis on accounting, finance, etc. The idea is that looking at the whole picture, an MBA is able to more efficiently manage an existing corporation. The comments made about MBAs seeing people as "tools" is spot on and in recent years the organization behavior subject has made a lot of progress in reversing this damaging trend, started during the industrial revolution.
On the other hand, entrepreneurship is all about taking an invention and turning it into an innovation and a sustainable company, and in the process mitigating various business risks (e.g. is there anyone to buy the product, how to make the product, what product to make, etc.). The two (startups vs. companies) are fundamentally different (I elaborate on this here: http://www.deyanvitanov.com/entrepreneurship-foundations/startups-vs-companies.html http://www.deyanvitanov.com/entrepreneurship-foundations/sta...). Very few business schools make the claim to be catering to the entrepreneurial crowd, and even fewer do it well - I can speak only for Stanford GSB, although I have heard similar for Berkeley and Babson, among others I am sure.
So the comment about talking the talk and walking the walk sounds nice, but the assumptions behind it simply fall flat.
FYI, I have an MBA from Stanford and I am basing my comment on my experience there. At the same time, I came to business school specifically to start a new company, so I am hardly the typical MBA I think.