The Ten Biggest Lies of B-School:
- You will be rich
- You are smarter than people without an MBA
- There is always a right answer
- If you have made it this far (to B-school), you are destined to succeed
- You know how to "fix" the first few companies you join after B-school
- Discounted Cash Flow (DCF) will always tell you what a company is worth.
- The "soft" courses (leadership & people management) are least important
- You are going to be more creative & entrepreneurial after Business school than before
- Your peers will give you lots of tips and insights that will help you in your career
- The Ivy League MBAs will be even more successful
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My feedback: Nothing is written in stone. It is wrong to generalize. B-school students are smart by virtue of their ambitions, training and the intense academic environment their minds engage in on a daily basis. MBAs are smart. I know. I see them on a daily basis.
- Gerry.
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