Business School: Junk Science?

Can't watch it at work, can you write a few bullet points about the content ?

The guy wrote this book: http://www.amazon.com/Management-Myth-Experts-Getting-Wrong/dp/03930655…

Here's a little more in depth interview with him:

(around 18:10 is when the author gets interviewed)

a guy says he cant watch videos so you give him more links to videos? lol

5% of people in this world are hardworking ass kickers. 1% control the majority of the world's wealth. While you may not know the answer to everything, if you kick ass at everything you touch you to may succeed in life brah.

Or you could go to a top business school and get a nice finance gig to slave into your 40s/50s only to grow apart from your wife and children. Mwahahaha - Forbes Life affirms the later for me all day every day.

If you ever second guess business school, it's not for you.

You don't go to business school to learn. You go for the network and the access.

Business is not a science, thus the discussion can be somewhat misleading. I understand a ton of people here where math, engineering, science and computer science majors. But it doesn't work like that for an "art".

Business is the art of selling, that's all. You don't need to go to school to do that. By getting an MBA you can add more people on your network to sell to and you go there to learn anything you need to sell stuff.

Now Finance and accounting are closer to science. There are not too many way of doing it. And you know if you are right or wrong, there is not a lot of room for debate. Consulting, marketing, human resources are definitely arts.

At the end of the day, even if you learned Finance, you will need to get used at selling, presenting and the art of managing.

The thing is, when I see videos like this, I really question the value of b-school. It makes me think if I go back for (another) master's degree, I should probably study something where I know I'll actually learn something (like computer science, for example). But, I still hear what you guys are saying about the network. I just wonder if there's much more efficient ways to network (as paying $200K for a network is a though pill to swallow, for me at least).

A top MBA is not at all underrated. For those wishing to make a career transition and establish a great network, it's an invaluable resource. Depending on your goals, going to a top program is well worth the opportunity cost.

Then don't get an mba.

This guy's a troll for saying that other degrees pay just as well as an MBA. The truth is that besides the networking, the MBA is an entry point for the most prestigious positions in business and on Wall St. Without it, go convince someone that although you were in ops till now, you'd make a kick ass ibanker. Everybody knows that the MBA is largely overvalued, but it signals to people that you have the determination, and are willing to pay the price, for being successful in business and on Wall St. That's all.

This looks like a good read... its always good to look at arguments pro bs or against bs school. I really wanted to turn this off tho because the bimbos (interviewees) on CNBC are complete idiots/extremely annoying. They ask such useless questions...

no1 is doubting that b school leads to high paying job etc...

I still don't understand the value of what's being taught. It seems like one big pile of fluffly bullshit.

Even the finance courses I took at undergrad were a joke compared to my econ courses...