Comments on: Dear MS. An MBA is BS.

By: Increasingly» Blog Archive » How to get into stanford business school

Increasingly» Blog Archive » How to get into stanford business school — Sat, 11 Jun 2011 00:19:35 +0000

[...] Dear MS. An MBA is BS. Apr 2, 2006 … Business school certainly has value and serves a useful purpose in this world. …. Personally, if I couldn't get into Stanford, Wharton, MIT or Harvard, I'd take the cash and join … [...]

By: gormanwvzb

gormanwvzb — Thu, 26 Mar 2009 21:36:44 +0000

During an economic crisis, now is a great time to have an MBA! It is a great differentiator, as well as a demonstration of financial, managerial, and analytical understanding.

I read a great article on this topic titled, "The Value of an MBA in the Economic Crisis of 2009" found at http://managerqanda.blogspot.com/2009/03/value-of…

It really highlights the value of the skills required for an MBA.

By: Supratim Sen

Supratim Sen — Sun, 24 Sep 2006 09:55:51 +0000

The Sloan Fellows websitementions the program as a 1 year MBA. Do they offer the MBA or MS? http://mitsloan.mit.edu/fellows/index.php Dharmesh Shah may kindly confirm.

By: Margo

Margo — Tue, 02 May 2006 22:37:47 +0000

I have a degree from Dartmouth and have the following comments:

1) It was worth it. Sure, it is not a guarantee of future earnings. But you do end up with a great network (especially at Dartmouth) that has proved itself again and again through the years. I am using it now to start yet another business. Not to mention great friends and the value of an interesting experience.

2) You challenge your mind by taking courses on subjects you might know nothing about and that are not your comfort zone. I have had a varied career in everything from corporate marketing to entrepreneurship. I am glad that I had a place to think before facing the challenges I have faced.

3) An MBA is not 2 years off unless you have a business or job to return to. It can be super stressful if you are looking for a job while doing the work that the degree of a top school requires. I looked for a creative field to enter after b-school (not consulting or Ibanking) so it was hard to do that amount of interviewing and legwork while keeping up. Maybe not an issue if you don’t have loans – for me it was stressful. Fun at times but definitely stressful.

I recommend the experience if you have the experience, grades and scores to get into a top school. If not, go at night or forgo it.

By: Dmitriy Gerzon

Dmitriy Gerzon — Wed, 26 Apr 2006 15:31:55 +0000

I agree with Chris that education brings lots of benefits to our life. The real catch 22 is that we are getting used to those benefits so much and so fast that as time passes we stop realizing that we didn’t have them before. Like the wise man said “We can not ask what we don’t know”. It’s granted that education alone will not solve anybody’s career problems. Taken alone it may not even guarantee you a better job or any job at all. But opening your mind to a new knowledge of any kind will put you into a much better position to think and what is the most important UNDERSTAND different things more clearly.

Another thing that many people oversee when they discuss education is a simple statistics. Have you thought how many Bill Gates and Steve Jobs we have in let’s say Fortune 500 companies list? And I’m not talking about only CEO level but all the way down to a clerk in accounts payable department. Look around you and count how many people with no decent education at all achieved something you don’t. Do you see any statistical correlation? What side?

I’m 35 years old. I have a family and two children. I have BS and MS in engineering and computer science and I’m going after MBA this year. And you know why – because I read all these books and all these articles anyway. I enjoy management, critical thinking, planning, and the most importantly – I hate inventing bicycle all the time. I had my own business and only then I realized how many things I don’t know. So I have decided to get a 360 view of the business processes since I’m doing it anyway and get a diploma along the way.

By: Samuel Chow

Samuel Chow — Thu, 06 Apr 2006 12:40:18 +0000

I think is more than just $100k and two years of opportunity cost when deciding if an MBA is right for you. Sometimes you just have to follow your gut feeling. If you feel that doing an MBA program gives you an edge and confidence in your career development, do it. If you feel that you have a great idea and wants to start a company, what are you waiting for? Start a new enterprise – Bill Gates and Steve Jobs did and look where they are now.

By: The Adam Dudley Blogletter

The Adam Dudley Blogletter — Tue, 04 Apr 2006 19:49:13 +0000

The Endless Debate

Dear Evolving Entrepreneurs, In a previous post I reveled that I plan to begin my MBA (evening program) at the Crummer Graduate School of Business at Rollins College here in Central Florida. Ranked highly, might I ad, on the Forbes

By: Ian Lamont

Ian Lamont — Tue, 04 Apr 2006 17:34:32 +0000

Business is not the only field that deals with the education vs. experience debate. Take journalism — many reporters, editors and publishers who doubt the value of advanced journalism or mass communications degrees. Or computer programming — a lot of great programmers and technical thinkers never finished college, or received an advanced CS degree.

By: The Adam Dudley Blog

The Adam Dudley Blog — Tue, 04 Apr 2006 12:49:13 +0000

The Endless Debate

By: Nari Kannan

Nari Kannan — Tue, 04 Apr 2006 07:29:56 +0000

In my opinion, Business Schools that constantly update their curriculum with what is happening in the real world and incorporate new things that have made a difference in this world in decade long increments (anything less will be meaningless as I will explain why) will be worth while!

Many of the stuff being taught in B schools still seem to be early to mid-20th century Ford/General Electric/General Motors/Alfred Sloan developments that were suitable for mid-20th century technology, industry and state of globalization.

They missed completely, the quality revolutions that American geniuses like Edward Deming/Dr Joseph Juran and Armand Feigenbaum preached. Their exhortations helped the Japanese adopt, adapt and improve on their management approaches and still helps companies like Toyota dominate the industries they are in. Half hearted adopters like General Motors and Ford still cannot match Toyota and falling farther behind even as we speak. If you think they are losers now, wait to see who sells the hundreds of millions of cars in India and China in the next 25 years, especially when Gas is $5 a gallon! Toyota announced today that their entire line will have hybrid versions. In highly gax taxed environments like India and China, small cars with high fuel economy will be blockbusters and once Toyota is done with skimming the premium market in the developed world, they will sell them in India and China in mind boggling large numbers! Talk about completely missing the boat with respect to foresight and being able to see where the world is going!

B Schools also completely missed the impact of global networking infrastructure, impact of Moore’s Law and are now missing the impact of the extended enterprise! All of these have lasting impacts on how organizations need to be set up and run! Pity one has to learn about all of these things outside business school while you pay a lot of money to learn half-useful mid 20th century skills!