Blaming MBAs for how companies behave is like blaming people with software engineering degree for writing buggy code. Not having people with MBA degree won’t magically make your company better, same as employing developers without a diploma won’t magically make your product more stable.
I read this and think damn I've had a proper job that I worked at for years before doing my MBA (which I did while working) + 4 years on active duty in the military - and I've really struggled in the job market as it pertains to working at some top companies or startups and it scares me to think maybe I'm getting outcompeted by other MBA program graduates that haven't even held a job before. Not that they can't be capable, but still....
I can't even get a job or interview as a product analyst at this point. No "1-3 years of formal product experience" on my resume... guess I could never do that job! (sorry /rant I've been going through a rough patch with this lately)
I don't have an MBA myself but I've been asked to write a number of recommendation letters to business school over the years.
https://teach.com/resources/how-to-get-into-business-school/
It seems in general one needs a degree, a passing GMAT, 2-3 years experience and a recommendation letter.
But then again, maybe successfully gaming the entrance to business school is how one demonstrates they're ready for a leadership position in the business world... Just kidding. Kinda ;)
[1] https://poetsandquants.com/2019/10/25/these-companies-hired-...
Not saying MBAs have a ton of practical experience going in, and I wouldn't be surprised if the professors are pretty far removed from any practical experience. But I also don't think it's accurate to say most MBAs haven't worked a real job before. [At least not most MBAs that the average SWE on HN would encounter. People that got an MBA from Random U because they didn't know what else to do are probably not being hired at major tech companies.]
Now a lot of the time its gamed for points on immigration systems.
But you most of the time need also basic knowledge of fundamentals, and that can be enough to be just ok at your job.
It indeed is. Just the other day, when the news came out that Backblaze is sending private info to Facebook, the top comments on HN were along the lines of "I guess some MBA decided it was going to make more money, so they did it."
It really takes a special level of blind hatered to blame an MBA (where there is no evidence one was involved) for sending one's information to a company founded and lead by a Harvard computer science major. But yes, let's blame all ills in this world on MBAs.
EDIT: Another example I remember was that commenters here started the usual MBA-bashing on an article about how GE's financial engineering became their downfall, until other pointed out the person behind it was GE's former CEO, whose BSc, MSc, and PhD are all in chemical engineering.
I think there's a current trend -- perhaps not entirely unjustified -- of skepticism towards academic elitism and a bit of a divide, in the U.S. at least, between those in ivory towers who issue edicts, and boots on the ground. Not taking a side, here, especially being that I'm in management.
I do have to say, when I hear of "ethicists" and I recently spoke to someone who taught "medical ethics" while at Google they fired a controversial "AI Ethicist" I have to raise an eyebrow. Ethics are morals. Somehow someone studied them and can tell us the correct ones. Maybe I've mischaracterized this in my head, but it sounds awfully similar to a priesthood.
There are some cases where it actually is perfectly ok to extract value from a business before winding it down. But that doesn't mean that all of a sudden anybody with an MBA degree is some sort of ruthless capitalist.
I got an MBA because I wanted to learn more about business, network, and hopefully adjust my own personal career path.
I can say for Fisher (Ohio State) we spent a lot of time focusing on not just great ways to make money or improve a business, but on people too. At least that was my experience. I'd guess if you spend a lot of time around "ruthless MBAs" you should take a look at what universities they're coming from and see if they have anything in common.
That’s the main problem I have with MBA sentiment here. Somehow knowing about something is bad. That’s a very naive viewpoint.
I didn’t experience a lot of what you described in my MBA program as an engineer, though. Usually it was the opposite, but I think that comes with the maturity of the program I was in where you knew that not only was engineering important and valuable, but so were sales, accounting, nursing, and all sorts of other disciplines.
It doesn't feel that way though because having an MBA doesn't guarantee a minimum floor of capability. There is no such thing as losing your MBA for making a dumb decision.
Sorry just want to nitpick - this really has not a whole lot to do with MBAs or any degree specifically. I think it would be a little bit more beneficial to swap MBA with management. Many of the things you're discussing are true of engineering managers, researchers with PHDs, and accountants and not specifically one group of people with one degree - they don't run the whole world and have exclusive ownership of "all the bad decisions".