4 ms·

Good MBA programs have courses in linear programming and optimization, complex financial modeling, and supply chain that are quantitative in nature. There are

by mlac 5y ago

Good MBA programs have courses in linear programming and optimization, complex financial modeling, and supply chain that are quantitative in nature. There are also technology components that review basic IT setups for a business. They teach you how to think about markets, and how to review financial statements and understand a business’ profit and operations, and offer opportunity to get capital. The org behavior courses teach about how to actually get an organization to achieve its desired outcome. And that can be way more powerful than a solo person working alone in a lab. An ideal MBA with experience post-school would be able to look at an idea, figure out if it’s a viable product with a good market fit, have the contacts to get financing, the connections to get it produced at the right quality with the lowest possible cost, hedge against forex risks, work with lawyers to negotiate the associated contracts (or know enough to not get screwed), record and accurately report the profits to governments and stakeholders, and get the right people onboarded (these are the soft skills) to get the work done.

mlac 5y ago
I wrote the above, but I think the problematic ones are the “text book MBAs” (I just coined that) who go to mediocre, money-grabbing programs and think they are good to go because they read text books and have the degree. There are too many of these in the marketplace. The other skill a good MBA imparts is solid written and oral communication. I don’t have an MBA, but considered it and chose another MS program, cherry picking MBA courses I felt were relevant. But to discount an MBA as two more years of undergrad partying is missing out on a lot of skills they can bring.
- toiletfuneral 5y ago
- mcguire 5y ago
  "I wrote the above, but I think the problematic ones are the “text book MBAs” (I just coined that) who go to mediocre, money-grabbing programs and think they are good to go because they read text books and have the degree. There are too many of these in the marketplace." This is essentially true for all college degrees at this point.

by mlac 5y ago

mlac 5y ago

I wrote the above, but I think the problematic ones are the “text book MBAs” (I just coined that) who go to mediocre, money-grabbing programs and think they are good to go because they read text books and have the degree. There are too many of these in the marketplace. The other skill a good MBA imparts is solid written and oral communication. I don’t have an MBA, but considered it and chose another MS program, cherry picking MBA courses I felt were relevant. But to discount an MBA as two more years of undergrad partying is missing out on a lot of skills they can bring.

toiletfuneral 5y ago
mcguire 5y ago
"I wrote the above, but I think the problematic ones are the “text book MBAs” (I just coined that) who go to mediocre, money-grabbing programs and think they are good to go because they read text books and have the degree. There are too many of these in the marketplace." This is essentially true for all college degrees at this point.