Quote from prt_systems:
I think it depends upon what you are doing : If your goal is to work for someone else then the MBA may - or may not - be useful.
On the other hand if you are starting, running, or aquiring busineses then the MBA itself will be of little use - and nearly everything that is taught in business school (even Stanfords) these days can be learned without going and incurring direct and opportunity costs.
are you sure you went to a ph.d at stanford? i mean, your words just sound like some 40 year old prop trader who was laid off his previous job because he did not have an mba (or dropped out of college) and his job was taken by somebody younger.
wow, you just sound very naive about reality. saying that you can learn on your own what stanford is teaching is like saying bill gates dropped out, so why shouldn't I?
i mean, do you even know what buying and selling businesess are about? why don't you provide an outline on how you would value a company? when do you lever or unlever the beta? what's the difference between APV and DCF valuation? What are the MM propositions? can you tell me what the penalty of valuing a business is when the company is formed as a C corp instead of an S corp? and to say that an MBA doesn't help you at all is truly ignorant. you don't have an MBA. then why would you know? you said you taught, but after reading your posts, you maybe taught classical languages? and to say that an MBA at standford is no use for entrprenuers... stanford is the best school for entreprenuers.... dude. i don't know whether to laugh or cry
there are just so many things wrong with your statements on so many levels that if i address all of them it may take weeks.
and also, advising someone against education (granted public forums are not the best way to get any advice) is truly rotten. getting education is never bad. yes, i may create another competitor by suggesting the creator of this post to go to school, but i need to keep on improving myself, and new competitors are always welcome.
maybe your career in academia, if you truly have one, has made you a typical academic.