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I understand OP's sentiment. I place very high value on my MBA from the University of Pittsburgh, but for reasons one wouldn't expect. I remember almost nothi
by edw519 17y ago
I understand OP's sentiment. I place very high value on my MBA from the University of Pittsburgh, but for reasons one wouldn't expect.
I remember almost nothing from the course material itself. You can get that from almost any book. The time value of money, how to read financial statements, the 4 P's of marketing (or was it the 4 B's?), different management theories, etc., etc., etc.
What I remember vividly are the interactions with other people, professors and other students, some of whom already had many years of experience. I'm not sure how else I could have had this experience. Some of my most vivid memories:
"A degree in business is a degree in nothing." - management professor
"What is the correct answer to the question 'How much money did you make?' It's always, 'Who wants to know'?" - managerial accounting professor
A professor of Organizational Behavior told us that a survey of Yale MBA's 25 years after graduation said that Organizational Behavior was their most important course. I couldn't believe it. Years later, I believe it.
A case study had our team pick the next CEO from 4 managers. We were wrong. The actual result: They went outside, for reasons well explained.
Our group made a recommendation to a local business to restructure, letting a key person go. We got an "F" on the project, with the opportunity to go back and redo it without letting anyone go. We got the message.
A marketing professor was picking on stupid products, like Heinz gravy, when a student in the back offered, "I was the product manager for gravy at Heinz. It made us $60 million last quarter. If you'd like to use it for a case study some day, I'd be glad to help you with it."
I don't remember many specifics from class, but I know that I "think differently" because of that experience. Along with a technical background, this has been a great combination.
- yef 17y agoA marketing professor was picking on stupid products, like Heinz gravy, when a student in the back offered, "I was the product manager for gravy at Heinz. It made us $60 million last quarter. If you'd like to use it for a case study some day, I'd be glad to help you with it." This particular story is a great synopsis of business school. You are encountering people who may not know what they're talking about, opening yourself up to new data and new thinking, and being polite and constructive about it. Note who is playing each role in this case, too. And for the cynics in this thread: you only get to complain about MBA's if you can do their job better than they can. I'm not saying you can't, I'm just trying to be fair.
- alex_c 17y agoAnd for the cynics in this thread: you only get to complain about MBA's if you can do their job better than they can. I'm not saying you can't, I'm just trying to be fair. I don't think that's fair. Someone definitely has the right to complain if I write a shoddy program, even if they can't program to save their life.
- yef 17y agoThat is fair; I suppose I'm trying to draw a line separating general complaining, vs. criticism with an appreciation for the challenges. One is annoying and a waste of time, another has the potential for constructive change.