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I really enjoyed reading this. I've considered an MBA on and off for the past few years and I'm still leaning away from it. An MBA seems to serve a very specifi
by tibbon 16y ago
I really enjoyed reading this. I've considered an MBA on and off for the past few years and I'm still leaning away from it. An MBA seems to serve a very specific function and I'm not sure if I want to be that person.
I wonder how this is at more entrepreneurial programs like Sloan.
- ig1 16y agoTypically at a top-20 MBA school roughly 5-10% of graduates start businesses. LBS run an entrepreneurship summer school which concentrates on the entrepreneurship parts of their MBA program. Over the last 9 years they've had 350 graduates, and produced 90 businesses. Of those 90, 80 are still operational.
- jaf12duke 16y agoAt most schools, the majority of your class will be pushing in one direction, and that's generally towards consulting, banking, bigCo rotation programs, etc. It's what they're explicitly selling--preparation and access to these types of positions. If you don't want that, you should think very carefully about spending that much time and money. If you want to be an entrepreneur, do everything you can to get into YC or any of the other incubators. As many have noted, it's a far better startup prep course. I don't regret my MBA for a second. The best two years of my life. I intend on using my skills from my MBA throughout my life. Someday I want to run a large non-profit and the tools I developed at Tuck will be invaluable. The painful lesson of the last few years was that all of that education is near-worthless as a startup founder.