Column: What’s Wrong with the Harvard Business School and American Business
Professor emeritus Bruce Scott was a pioneer at the Harvard Business School, where he insisted that management training had to include the big picture, and helped craft the school’s now-mandatory MBA course, Business and Government in the International Economy (known colloquially as BGIE or “Biggie”) back in the 1970s.
Harvard Business School is the subject of journalist Duff McDonald’s new book, The Golden Passport, which examines … [ Read more ]
Content: Article | Author: Bruce Scott | Source: PBS | Subjects: Capitalism, Economics, MBA Related, Social Responsibility (ESG)
Should You Get An MBA? This Excel-based MBA ROI Calculator Can Help You Decide
Tuition and fees for top programs in the US and abroad continue to rise. For many, paying for school means taking on debt, which can linger for five to ten years or longer. For full-timers, there’s also a huge opportunity cost associated with taking time off from work (usually during prime working years) to pursue an advanced degree.
Unless you’re already an Excel wiz, determining the … [ Read more ]
Content: Prospective MBA Content | Author: Nathan Crabtree | Source: Loan Lab | Subjects: MBA Related, Miscellaneous MBA-related Resources
Why We Should Bulldoze the Business School
There are 13,000 business schools on Earth. That’s 13,000 too many. And I should know – I’ve taught in them for 20 years.
Content: Prospective MBA Content | Author: Martin Parker | Source: The Guardian | Subjects: About the MBA Degree, MBA Related, Miscellaneous MBA-related Resources, Prospective
Employers Say MBAs Delusional About Abilities
Jeff Kavanaugh, a managing partner at Infosys and adjunct professor at the University of Texas at Dallas Jindal School of Management, dropped a bombshell on big-headed business students everywhere with the results of a sweeping survey that covered 10,000 recruiters, 3,000 business students, and 500 B-school career center leaders. Kavanaugh found that all three constituencies had very different perceptions of what’s important and where they … [ Read more ]
Content: Prospective MBA Content | Author: Jeff Schmitt | Source: Poets & Quants | Subjects: MBA Related, Miscellaneous MBA-related Resources
In the Country of the MBAs
Your opportunity to distinguish yourself starts with being more willing than other MBA students to learn as you go, and with being more attuned to the high stakes of every decision you make.
Everyone else will be unconsciously following the dictates of some dead economist. In the country of the MBAs, you’ll have to strive to cultivate your judgment and figure out which ideas are worth … [ Read more ]
Content: Article | Author: Art Kleiner | Source: strategy+business | Subjects: Management, MBA Related, Miscellaneous MBA-related Resources
Claudio Fernández-Aráoz
Erich C. Dierdoff and Robert S. Rubin of DePaul University conducted a big study to check the relevance of the typical MBA education. The three competencies rated most important in the real world were managing human capital, managing decision-making processes, and managing strategy and innovation. But the researchers found that those three topics were the least represented in required MBA courses: Only 29% of … [ Read more ]
Content: Quotation | Source: Harvard Business Review | Subject: MBA Related
The Real Payoff From an MBA Is Different for Men and Women
Women with MBAs face a gender-based pay divide that starts as soon as they graduate, and plagues them throughout their careers.
Content: Article | Authors: Jonathan Rodkin, Natalie Kitroeff | Source: BusinessWeek | Subjects: MBA Related, Women in Business
Smartly
Smartly bills itself as the fastest way to master everything you’re
expected to know at the start of your MBA. The course curriculum and material was created in collaboration with experts from Harvard and INSEAD and includes microeconomics, accounting, statistics, and finance. Smartly courses face you with real-world examples and problems to cement your understanding of the course material.
Editor’s Note: this service was launched in … [ Read more ]
Content: Online Resource | Subjects: MBA Related, Miscellaneous MBA-related Resources
How Business Schools Must Evolve
Business education must enable students to reconcile enterprises with the changing realities of the global marketplace.
Content: Article | Author: Jonathan Story | Source: INSEAD Knowledge | Subject: MBA Related
Gary Cokins
You can get an MBA to learn about the discipline of management. I received one from Northwestern University Kellogg Graduate School of Management. Its curriculum taught me about management, but I can candidly say that it did not teach me how to manage. There is a difference. Management involves strategy, analysis, and decisions from choices. How to manage involves people.
Content: Quotation | Author: Gary Cokins | Source: Business Finance Magazine | Subjects: Management, MBA Related
Why are MBAs Not Teaching About Project Management?
Senior executives seem to neither understand project management nor regard it as an important means of business strategy execution. Only a few top business school’s Masters of Business Administration (MBAs) teach project management as part of their core course curriculum. I have spent the last 10 years trying to understand why.
Content: Article | Author: Antonio Nieto-Rodriguez | Subjects: MBA Related, Project Management
How Business Schools Create Irresponsible Leaders
Most business schools have spent the past decade making their programs global in scope, which tends to mean sending students to foreign lands for immersion programs. The model they’re using, however, creates leaders that are dangerously out of touch with the context in which they’re running businesses.
Content: Article | Author: Bhaskar Chakravorti | Source: BusinessWeek | Subjects: International, MBA Related
MBA Tips: How to Prepare Harvard Business School Cases
While reading and preparing cases is a significant part of any business school experience, there isn’t always a concrete result to your work. You could easily invest hours preparing a case and have nothing to say about it during the class discussion. It’s because of this ambiguous return on investment that many people choose not to read the scheduled case before a class … [ Read more ]
Content: Article | Author: Matthew Kuo | Source: MBA Excel | Subjects: Case Related, MBA Related, Miscellaneous MBA-related Resources
108 Tips for New MBA Students
After going through two years of business school, it’s still questionable how much of my coursework and class notes will apply to my real world job. But one thing I do know is that I can use my experiences to help those who are in the exact same position I was two years ago. First and foremost this post is a documentation exercise; … [ Read more ]
Content: Article | Author: Matthew Kuo | Source: MBA Excel | Subjects: MBA Related, Miscellaneous MBA-related Resources
Rethinking the MBA: Business Education at a Crossroads
For decades, MBA graduates from top-tier schools set the standard for cutting-edge business knowledge and skills. Now the business world has changed, say the authors of Rethinking the MBA, and MBA programs must change with it. Increasingly, managers and recruiters are questioning conventional business education.
Their concerns? Among other things, MBA programs aren’t giving students the heightened cultural awareness and global perspectives they need. Newly minted … [ Read more ]
Content: Book | Authors: David A. Garvin, Patrick G. Cullen, Srikant Datar | Subject: MBA Related
The Leadership Test Comes to B-School
The Graduate Management Admission Council, which markets the GMAT business school entrance exam, today launched a new online assessment tool designed to improve leadership and other “soft” skills. It comes with access to advice from executive coaches and an online library of content that allows users to develop skills at their own pace. It costs $99 for three years.
Content: Article | Author: Francesca Di Meglio | Source: BusinessWeek | Subjects: Leadership, MBA Related, Personal Development
MBAs Without Borders: Have Degree, Will Travel
Dozens of MBAs seeking short-term international work assignments have found jobs through MBAs Without Borders, which places B-school graduates in the developing world to work on projects that range from public health to oil and gas extraction.
Content: Article | Author: Erin Zlomek | Source: BusinessWeek | Subjects: Career, MBA Related
A Job Source for the Wandering MBA
Daniel Mullaney’s MBA Project Search offers B-school grads a glimpse into the freelance and consulting worlds outside the confines of their school’s career services office.
Content: Article | Author: Lauren Everitt | Sources: FORTUNE, Poets & Quants | Subjects: Career, MBA Related
David Hurst
We now know that the shareholders and the financial industry won that battle for corporate control. In the business schools, the finance function emerged as top dog and the economists began to apply the teachings of their discipline to the firm via organizational economics (agency theory and transaction cost economics). The resulting shareholder value model of the firm has dominated for the last thirty years … [ Read more ]
Content: Quotation | Author: David K. Hurst | Source: Ivey Business Journal | Subjects: Economics, Finance, Leadership, MBA Related
Need a Deal on Consulting? Hire B-School Students
When Project Runway winner Chloe Dao’s national spotlight faded, she needed help, but couldn’t afford a consultant.
Content: Article | Author: Issie Lapowsky | Source: Inc. Magazine | Subjects: Consulting / Analytical Tools, Entrepreneurship, MBA Related
