Re:Elite MBA Programs Report Steep Drop in Applications
by sct202 on Tuesday October 15, 2019 @10:03AM
(#21258418)
The elite programs have higher bars to entry so they generally are selecting people who seem to have potential (already smart, already personable, promising early career). Most of these people would end up being successful anyways, but the MBA from an elite program is seen as a way of accelerating that. A lot of the things you mention are people skills that a MBA isn't really going to change.
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Re:Elite MBA Programs Report Steep Drop in Applications
by whatshisface on Tuesday October 15, 2019 @10:10AM
(#21258498)
I have talked to people who have been to fancy MBA programs. The ones who had (substantial, management-related) work experience first say that they already had learned everything the university could teach them. The ones that did it right out of school said that they didn't really understand what the university was saying until they saw it for themselves in the field. These were non-technical MBAs that taught accounting concepts and management strategies (as opposed to these modern MBAs that have a lot of statistics courses), so I'm not sure how closely this aligns with the situation today.
Re:Elite MBA Programs Report Steep Drop in Applications
by sujinge9 on Wednesday October 16, 2019 @01:58PM
(#21273330)
No fancy (elite) MBA takes applicants right out of college now. Harvard, for example, does identify and grant admission very promising students right out of undergrad, but makes them wait 2 years to get professional experiences through their 2+2 program.