THINK TWICE by Philip Delves Broughton
- If a MBA signals to companies that you were good enough to be accepted by a decent business school (so must be good enough for them) Why not just pay the bill, sign here and reap the rewards?
- The return on investment on an MBA has gone the way of Greek public debt.
- If you are getting good business experience already, the best strategy is to keep on getting it, thereby making yourself ever more useful rather than groping for the evanescent brass rings of business school.
- There are business academics right now panting for your cheque. They need it to pad their sinecures and fund their threadbare research.
- When you look at today’s most evolved business organisms, it is obvious that an MBA is not required for business success.
- Successful entrepreneurs are as rare among MBAs as they are in the general population.
Are employees purely using qualifications as signals of productivity and work ethic and not concerned as to what has been taught? Or does education increase human capital and therefore mean the investment in education does give ‘real’ returns?