<p>So the quality of the Bible of all b-schools, Harvard, is shrinking... Recently, I red this article from a business magazine and the BBC apparently did a good job of spotting the trend of our dumbing-down MBA education:</p>
<p>Are you affiliated with that website or just infatuated with it?</p>
<p>Personally, I’m not even going to bother following any more of your links to that site, and just note that you shouldn’t believe everything you read on the internet, especially about MBAs.</p>
<p>I read, Japher. I am sorry if somehow I made you miss my point: I asked what members of this site think. Oh, just you know “that site” was actually referring what BBC said.</p>
<p>I disagree with the point of the article - the role of an MBA program (as a professional program) is to provide graduates with the tools they need to succeed in the business world. The article is impliying that these schools should be performing comparative of analysis of business functions.</p>
<p>“For example, he says, his class never had a discussion about what rate of tax it’s appropriate for companies to pay: “When you think about it, it is a great question to ask because for a lot of business people the correct answer is ‘none at all’… If you’re an individual tax payer you know that’s crazy because companies need to put back what they take out… but that discussion was never really had because the assumption was that… companies should pay as little tax as possible”.”</p>
<p>As business people do not ever get to CHOOSE how much tax they should pay, I would not consider this to be particularly worthwhile in a professional program. This is the kind of question to be asked in an academic or research program.</p>
<p>“He cites an Aspen Institute study that found that before starting business school most students believe that the role of companies is to produce goods and services to benefit consumers. By the time they’ve finished, most of them believe that the corporation’s main purpose is to maximize shareholder value.”</p>
<p>And I think most people in a capitalist society agree with this - if I open a fruit stand my PRIMARY goal is to provide maximum revenues to the shareholder (myself). The goods and services are the means by which I do so.</p>