MBA no guarantee of success

Little empirical evidence

As it happens, there is very little empirical evidence to actually demonstrate that taking an MBA 'adds value' the organizations where people work or to the person himself/herself. Of course, my guess is that taking the degree must have some sort of value but the ability to categorise it and evaluate it is difficult.

In the UK, applications to take all types of master's degree level courses is rising year on year, mainly because of the devaluing of the bachelor's level degree. We're going the same way as the US!

AJJ

 

Once again some reporter suddenly becomes a business expert. There are plenty of positions and companies that demand MBA's and will not exchange years of experience for years of education. I love those job ads - high school diploma required, master's preferred. The quality of the MBA grad would be highly suspect to me if they would be willing to work in a company where your colleague's educational credentials are not on par with your own. If an MBA isn't so hard to get, then demand them for all your employees.

 

I am confused...

Are you saying those MBA's at Microsoft should refuse to work for a college drop out like Bill Gates? It takes much more than education to make a quality employee. I think the point of the article was that the MBA in many cases has just become another masters degree rather than the ticket to success it used to be many years ago.

 

Once again some reporter suddenly becomes a business expert. There are plenty of positions and companies that demand MBA's and will not exchange years of experience for years of education. I love those job ads - high school diploma required, master's preferred. The quality of the MBA grad would be highly suspect to me if they would be willing to work in a company where your colleague's educational credentials are not on par with your own. If an MBA isn't so hard to get, then demand them for all your employe

I completely disagree with you. I've been in the business world for almost 20 years and have found that it's not uncommon for and individual who has no formal education to have a bunch of MBA's working for them. In fact I used to work for a VP that I had NO college education and yet was a senior exec at a $7B company. In business, education helps, but it's not required to be successful.


I agree with Lajazz947, that the individual who posses and MBA plus actual experience is probably the most likely to succeed in the real world. However, I still say business success is comprised of 90% common sense, vision and actual experience. You can't acquire that in college.

 

I think that we are underrating education since everyone here is a college grad, we think anyone can do it, and thus we take it for granted. I've seen experienced people who don't do well in college, and vice versa. Academic IQ and work IQ don't always go hand in hand. Business and academia don't always go hand to hand as in the medical field.

In the past, those who went to college and graduated proved that they had the determination, will and ambition to devote and sacrifice 4-5 years of their life to get an education.

Unfortunately, nowadays more and more people pursue an education not for the sake of enlightnment, but just to get the job.

just food for thought,

-S

 

I would never work for a company where the boss has no formal education. Unless it was a job that didn't require education beyond high school.

 

Wow!!!

I don't think there is really an answer to that. I have a lot of education and would work for someone who has less than I do if they are competent.

 

Good for you. Now why do you have nothing to do but go to websites and attack what others say? Control yourself - not others.

 

I have found this a great discussion - not controlling other, I like the comments, keep them coming all!!

 

Wow!!!!!

Touchy aren't you? You might view this an attack but I bet you are very young. Especially, since your posts are the ones which seem to be attacking expert reporters and uneducated bosses, etc.

Things that make one go hmmmmmmmm.....................

 

I would never work for a company where the boss has no formal education. Unless it was a job that didn't require education beyond high school.

Everyone is entitled to compile their own list of job attributes that are most important to them. I find this stance a bit short sighted, presumptuous and slightly arrogant, but each to their own. Just don’t plan on working for some of the worlds largest companies and you’ll be fine.

I think that we are underrating education since everyone here is a college grad, we think anyone can do it, and thus we take it for granted.

This is a very good point. It’s something to think about. I think at the very least, education can have a refining effect on one’s persona that will benefit all aspects of their life. For my part, I’ve always found having an education to be an asset in other aspects of my life other than my career. As I posted a while ago in a thread far far away, I’m pursuing my PhD just to force my wife to call me Dr.! Of course this isn’t an entirely true statement, but it gets my wife all wound up when I say it so it’s worth quite a bit in amusement value to me.

Good for you. Now why do you have nothing to do but go to websites and attack what others say? Control yourself - not others

What attack? Disagree maybe, but attack, not so much. As for myself, I enjoy the diversion of this board during some of my never-ending conference calls. I appreciate the diverse background and opinions of some of the members on this board. I’m a new member, but there are obviously some posters here who have facts and insights that are worth considering.