March 15, 2005
News & Opinion: MBA or pile of books?
Seth wrote yesterday about the Harvard hackers and goes on to question the MBA as institution itself:
I get away with this heresy since I, in fact, have my own fancy MBA from Stanford. 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 40 books.
I too have a MBA and I would agree with Seth. What you are doing when you get an MBA is concentrating on the study of business for awhile. You are using texts that you could just as easily read yourself. Like anything you want to be good at, it is about doing.