I was talking to my mother last week and she was telling me how she struggled when she first opened her own business. To make long story short, the people that sold her the brand name and idea for her business were all MBAs. We are talking mid 90s in Poland...
My mom was doing whatever they told her to do, but the results were terrible: no clients, no money! Every time she tried to tell them how the company should be run she heard: 'we are the MBAs, we know better' etc. She doesn't have any graduate degree. They always tried to show that their statistics, tables and market research are more important that her gut feeling about how to run a business in a small town in central Poland, from which all young people escape to Warsaw as soon as they turn 19. After 2 years of that struggle she thanked them for their time and started doing things the way she wanted. Now she owns the biggest language school in the town... and she can't stand anything related to the MBA degree. For sure, she will not be very impressed if I tell her I decided to go for an MBA!
I write about it since I heard similar opinions quite often: MBAs know a lot but cant be creative. I dont agree but.. hey, it didn't come from nowhere!
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I have heard similar comments. I've also heard "well if you're already running a business, what's the point of doing an MBA?" I also heard the same sort of "clever but useless" comments about PhDs, and Oxford graduates. In some cases I think it's just a way for people to justify why they're okay/better off without the extra qualification. In many cases (similar to your Mom's perhaps) is another comment that I've heard repeatedly; that you don't actually learn anything of any use during an MBA. The real learning begins once you get a job that the MBA helped you to get. And there's the crux of the benefit: An MBA is 60% CV points, 30% contacts/networking, and only 10% real education.
In general, it's not really worth generalizing! I'm sure lots of people will learn plenty during an MBA and be able to apply that knowledge in the real world. And some won't. But it's not the MBA itself that will determine that.
I do not mean to generalize, just trying to show different prospective and points of view
Thanks for sharing this info,I keep in mind,it might be interesting in mba...
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great blog..all courses have different kinds of prospective's.. so better not compare..
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