Good news and bad news – Seth Godin on the value of an MBA

This is a short post from Seth Godin’s blog. The key idea: “The fact is, though, that unless you want to be a consultant or an i-banker (where a top MBA is nothing but a screen for admission) it’s hard for me to understand why this is a better use of time and money than actual experience combined with a dedicated reading of 30 or … [ Read more ]

Personal MBA

The Personal MBA bills itself as “a way to learn about business by working and reading well-selected books and blogs on topics of interest to you. This will allow you to pick up valuable business concepts and ideas without spending a great deal of time and money completing a traditional MBA program.”

MIT OpenCourseWare » Sloan School of Management

MIT’s OpenCourseWare is a free and open educational resource for faculty, students, and self-learners around the world. OCW supports MIT’s mission to advance knowledge and education, and serve the world in the 21st century.

MIT OCW:
* Is a publication of MIT course materials
* Does not require any registration
* Is not a degree-granting or certificate-granting activity
* Does not provide access to MIT … [ Read more ]

Core Finance Trends in the Top MBA Programs in 2005

This paper presents and analyzes a survey taken of core (required) finance courses in the curricula of the highest-reputation MBA programs in the school year 2004-2005. Five of the nineteen schools responding have increased hours spent in the finance core substantially, compared to results of our earlier survey in 2001. We received mixed signals on the trends or tendencies that we were able to … [ Read more ]

What’s Really Wrong With U.S. Business Schools?

A research paper entitled “What’s Really Wrong with U.S. Business Schools” shines a light on what has become a growing dilemma for business school deans-the yearly scorecard that assigns numerical rankings to selected business programs. The paper describes a “dysfunctional competition for media rankings that leads schools to divert resources from investment in knowledge creation and other important areas to short-term strategy aimed at improving … [ Read more ]

It’s Getting Easier Being Green

Interest in integrating business with the needs of the environment is prompting a harder look at achieving a sustainable economy.

Venture Capital Investment Competition (VCIC®)

The VCIC® is the nation’s premiere strategy competition for venture-minded and entrepreneurial MBA students. This one-of-a-kind competition gives students from top business schools a real-world venture capitalist experience – student teams interact with real entrepreneurs from real companies with real business plans. Unlike other competitions where teams lock themselves away to mull over theoretical or historical scenarios, the VCIC® experience exposes students to a variety … [ Read more ]

MBA Math

MBA Math is a fee-based (currently $149 for one year access) online site for pre-enrollment MBA math training. It builds on five years of teaching an on-campus one-week pre-enrollment math and spreadsheet preparation course for incoming MBA students at Tuck School of Business at Dartmouth College. The spreadsheet, finance, microeconomics, and statistics content should be relevant to incoming students of any MBA program.

Unregistered users can … [ Read more ]

The Upwardly Global MBA

A survey of 100-plus executives in more than 20 countries identifies the knowledge, skills, and attributes young leaders need to succeed.

Henry Mintzberg

Business schools train people to sit in their offices and look for case studies. The more Harvard succeeds, the more business fails.

Jeffrey Garten

When it comes to business education, for better or worse — and I think for worse — business schools are followers, not leaders. Typically, business schools hold their finger up to the wind and ask, What do our customers want? They have two kinds of customers. One is the people who are doing the hiring, and the other is the students. I happen to think … [ Read more ]

Jeffrey Garten

Over the last fifteen years there have been a lot of ratings of business schools, and these ratings are very akin to customer-satisfaction ratings. You’re basically asking the students, How good was the experience? That presumes that the students know what it is that they should be learning, or whether the environment in a particular school is better than another school that they never attended. … [ Read more ]

Is An MBA Worth It?

A business degree is the best investment when it comes to an IT executive’s salary.

Joseph Lampel

Business schools are invaluable for laying the foundations for the practice of management. This is especially true for marketing, finance, or human resources, but far less so for strategy. The problem with the current system is that it forces strategy into the direct and narrow approach to teaching. If the shortest distance between two points in geometry is a straight line, then the shortest distance … [ Read more ]

Why Harvard Is Bad for Wall Street

The bright young things from Harvard Business School are making their way to Wall Street in droves. Some 26 percent of the HBS class of 2004 took stock-market related jobs, up from 23 percent of the class of 2003. I guess that means it’s time to sell.