Five Hard Truths About the MBA

For years, an MBA degree has been seen as a first-class ticket to the management fast track. Some spend $100,000 or more to earn the degree, confident that it will propel their career into overdrive — and often that’s not an unreasonable expectation. To many hiring managers, an MBA on the resume is a sure sign that the candidate has long-term, corner-office potential.

To a growing … [ Read more ]

Ahead of the Curve: Two Years at Harvard Business School

In the century since its founding, Harvard Business School has become the single most influential institution in global business. Twenty percent of the CEOs of Fortune 500 companies are HBS graduates, as are many of our savviest entrepreneurs (e.g., Michael Bloomberg) and canniest felons (e.g., Jeffrey Skilling). The top investment banks and brokerage houses routinely send their brightest young stars to HBS to groom them … [ Read more ]

Back to School, Turning Crimson

WSJ review of Ahead of the Curve by Philip Delves Broughton

Ahead of the Curve Reviews

The 800-CEO-READ Blog links to and excerpts some reviews of the book, Ahead of the Curve by Philip Delves Broughton.

Joel Spolsky

Watching nonprogrammers trying to run software companies is like watching someone who doesn’t know how to surf trying to surf. Even if he has great advisers standing on the shore telling him what to do, he still falls off the board again and again. The cult of the M.B.A. likes to believe that you can run organizations that do things that you don’t understand. But … [ Read more ]

Rankings for Business Administration OpenCourseWare Education

Some of the top colleges and universities in the world provide free business administration courses online. Here is a list of the best sources.

MBAs Without Borders

MBAs Without Borders was formed as an international not-for-profit organization bringing innovative solutions to developing countries by matching experienced business volunteers with local businesses and NGOs.

The Case for MBAs in the Nonprofit Sector

Only 6% of MBA graduates plan on pursuing careers in the social sector. What will it take to get more MBAs into the social sector? Is there even a demand for these types of hires? This article describes the success that two organizations have found in hiring MBAs, outlines some of the challenges associated with hiring candidates with MBAs, and provides some suggestions for overcoming … [ Read more ]

Charles Handy

The letters MBA should, if the schools were honest, stand for Master of Business Analysis, because the tools and disciplines of analysis are what the students learn, not management, or administration as it used to be called. Analysis is a necessary part of good management and leadership but it is not the whole of it. Who to trust, how to inspire, how brave to be, … [ Read more ]

In Defense of MBAs

Businessmen grouse about them, but the best ones have financial skills that corporations badly need.

Editor’s Note: this is an interesting read even though (or perhaps because?) it was written in 1985…

Sales Simulator Throws Curveballs to Students

Think sales managers are the only ones who worry about forecasting? A simulation tool helps students grasp the complexity of managing sales organizations.

Practically Irrelevant?

What is the point of research carried out in business schools?

Management Education’s Unanswered Questions

Managers want the status of professionals, but not all managers want the constraints that go along with professions. Why? For more than 100 years, business education at the top universities has been searching for its soul. HBS professor Rakesh Khurana, author of a new book, says business school education is at a turning point.

From Higher Aims to Hired Hands: The Social Transformation of American Business Schools and the Unfulfilled Promise of Manage

Is management a profession? Should it be? Can it be? This major work of social and intellectual history reveals how such questions have driven business education and shaped American management and society for more than a century. The book is also a call for reform. Rakesh Khurana shows that university-based business schools were founded to train a professional class of managers in the mold of … [ Read more ]

Rakesh Khurana

The reality is that almost all the high professions require continuing education in order to ensure that their practitioners are up to date with the newest knowledge and techniques. Given the rapidity by which our business context is changing, the graduates of business schools should be able to access continuing education. If we really do believe that knowledge is important for effective practice, then it … [ Read more ]

Rakesh Khurana

My worry-and this is not limited to business schools-is that we have created a context in which people want the status of a profession without any of the constraints of a profession. A profession is not only about the benefits that you claim. It’s also about what you renounce.

I think one of the roles of a professional school in higher education is to make clear … [ Read more ]

Back to B-School

If you’ve ever toyed with the idea of going back to school to get your MBA, BNET’s newest blog — Back to B-School — is for you. You’ll learn how to get into business school and what to expect once you get there, but it’s more than just academics. It’s also about creating the right balance between work, home and school. It’s about getting your … [ Read more ]