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Saturday, May 22

The Donald
Donald Trump got an
MBA from Wharton

Are Business Schools Teaching Anything?
Business schools may be important mainly as a screening mechanism—
their basic skill may be choosing students, not teaching them. Few are
ever thrown out for failing their exams even though they are much more
likely to cheat than students in other disciplines.

Business schools work much harder than other educational institutions at
getting their students into the job market. But many of America's most-
admired business leaders, including Warren Buffett, Herb Kelleher,
Michael Dell, Bill Gates, Jack Welch and Oprah Winfrey, do not have

Apply to Become the Next Apprentice


Added June 7:
Why an MBA May Not Be Worth It
Jeffrey Pfeffer, a professor at Stanford's Graduate School of Business, in a paper
titled The End of Business Schools? writes: "There is little evidence that mastery
of the knowledge acquired in business schools enhances people's careers, or that
attaining the MBA credential itself has much effect on graduates' salaries or career