MBA – More supply OR less demand

In recent times I have seen more companies developing a bad taste for MBAs. I have personally advised few of my friends not to enroll for MBA programs (correspondence mainly) as they could go with more inline courses. MBA is (or was) a buzz degree.

Here are some of the thoughts at Bnet about MBA programs:

• Five Hard Truths About the MBA:
  1. Hard Truth No. 1: The ROI isn’t what it used to be.
  2. Hard Truth No. 2: The training has become too theoretical.
  3. Hard Truth No. 3: Some of the people skills needed to be a manager today can’t be taught in the business school environment.
  4. Hard Truth No. 4: MBA programs propagate management fads.
  5. Hard Truth No. 5: The pressure to succeed inside MBA programs has weakened safeguards against cheating.
• The Secret Guide to the MBA Curriculum:
• What Executives Really Think of MBAs:
  1. Value the Program, Not the Degree
  2. Hard-Working, High-Maintenance
  3. Dropouts Make Better Entrepreneurs
  4. Practical Experience Is a Necessary Foundation for Theory
  5. Salespeople Don’t Need MBAs
  6. MBAs in IT

  “You Harvard guys don’t know crap about the way businesses really run.” – Howard Woolf, then a director of marketing at DEC, to a trio of consultants with Harvard MBAs as overheard by the author. Woolf is now president of the Converged Billing Solution Group at Comverse, a $1 billion-a-year provider of multimedia services.

• Three New Year’s Resolutions for MBA Students:
  1. Get (more) comfortable with public speaking.
  2. Dial back on the procrastination.
  3. Stop relying on school for the easy excuse.
• Three Things I Wish I’d Known Before Starting Grad School:
  1. Don’t stress over not having a business background.
  2. Three hours of class time at the end of a workday isn’t as bad as it sounds.
  3. Earning an MBA means more than mastering the coursework.
• Finding the Value in Wasted Time: