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Do We Need The MBAs?

Rethinking Business Education

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How do you teach obsession?

Because often it is obsession that drives an entrepreneur'svision.

How do you learn to be an outsider if you are not onealready?

- Dame Anita Roddick, founder of Body Shop

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MBAs Cheat.

56% of all

MBA studentscheat at

Exams.Source: study by the Academy of ManagementLearning and Education of 5,300 students in the U.S.

and Canada

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Whats

wrong withMBAs?

Business

Education is notabout Business.

It is aboutMoney.

Source:http://sprizouse.blogspot.com/2

008/11/amoral-mba-students.html

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Can you nameany successful,

path-breaking,innovativecompany

started by anMBA?

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6MBA Salaries Are Insane

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What doMBAs

Actually Do?

MBAs ranEnron (2001)and thesesuperstars of

the subprimecrisis 2008-9

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MBAs Often

Make BadBosses.

Their education does notalways make them nicepeople.

Pictured alongside is Alec Baldwin inGlengerry Glen Ross

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Create BoringCompanies

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Where PeopleDont LoveWorking

Pictured alongside is a scene from MikeJudges Office Space

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MBA TeachingIs Overrated

A. Fanciful, fictional case studies

B. High on theory, low on practical.

C. Formulae for everything.

D. Students learn not to talk or write like

humans do.

D. Professors who have rarely worked as anentrepreneur or senior manager.

F. Schools create a mystique of excellence by

Choosing only the high scorers.

G. Group work is over-hyped - B-Schoolsreduce every problem to meetings and groupdiscussion.

Source: Michigandaily.com

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MBAs themselves areover-rated.

Add $500,000 for every engineer

in the company.

Subtract $ 250,000 for every(overpaid) MBA onboard.

- Guy Kawasakis formula forvaluing new companies

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Some of the bestsuccesses on theinternet aresingle or two

person stories.

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MBA degrees dontguarantee a job.

Three main issuesfacing the workforce:

A. Self- EmploymentB. Re-killingC. Staying ahead of the

competition.

Source: Michigandaily.com

Wall Street Journal

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Let us reform our schoolsand we shall find littlereform needed in ourprisons.

- John Ruskin

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Education is very expensive.

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Lets Start

With UsingCommonSense

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And A Will ToTeach Ourselves

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B-Schools Do Not Teach Everything

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Books Do

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We Can

learn

Businessin 1 Day

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Or, in 10 Days

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How about 30 Days?

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Or, Read The Best Business BooksAKA The Personal MBA Manifesto

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Read The Success

Manual

Encyclopedia of Advice

- 130 Topics- Summaries of 100+ Greatest Business Books- Advice from Great Experts, Gurus, Writers

- 3000+ Quotes

$14.95 only

http://thesuccessmanual.bighow.com

Copyright 2010 Pramit Singh