Buffett speaks at a lot of business schools and has a Columbia MBA. Yet in his shareholder meetings Buffett and Munger criticize MBAs and b-schools.
To be clear, the MBA is just a degree. There's no magic to the so-called "Magic 7" (awful, arrogant name). However, if we put aside the arrogance, what's the problem with the MBA?
If you don't count on b-schools to be the be-all end-all of financial education, why all the hate for MBAs? Would Buffett recommend instead that students pursue an engineering or MSc Finance?
In my MBA (top 30 think like W&M, Rochester, Wisconsin) right now which I elected to do straight out of a NESCAC undergrad with an athletic scholarship helping me pay. I can safely say the degree doesn’t make the person be successful. People who are successful are just naturally gifted with that DAWG in them. On top of that these MBA/Bschool type of people like to overcomplicate everything when a lot of what I’ve learned isnt. Not trashing the degree, it is worth while just the people who take it too far and act like it is some magic formula for being better than others are the reason it is looked down upon.
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