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This sounds pretty healthy. I can't imagine anything we'd really prefer to see MBAs do, after all. Go be investment analysts or work at a hedge fund? Doesn't do
by lmg643 12y ago
This sounds pretty healthy. I can't imagine anything we'd really prefer to see MBAs do, after all. Go be investment analysts or work at a hedge fund? Doesn't do much for the world. Go be a highly paid grunt in the finance arm of a corporation? Write business analyses? uh...
Go take a risk on introducing a new product into the world? Check. Sounds like "business" to me. This is a great trend, hope it continues!
Challenges to this change sticking long term - starting a boot company puts you on even footing with any other person who wants to do the same. The reason we decry "MBA" is the reason people earn them in the first place - they function like a $120k entry fee into a protected job class - like being an analyst as mentioned above. Using the degree to enter a business without protections is risky.
That said - to the extent that the university morphs into an incubator to make sure their students are successful - this will give their students an advantage. The MBA would then be weighed against dozens of other incubator type opportunities, or just going and doing it alone.