<p>Universities</a> should sell their business schools - FT.com</p>
<p>Unlike in the USA there are successful private and for-profit schools in Europe which are well respected.</p>
<p>[IE</a> Business School - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Instituto_de_Empresa]IE”>IE Business School - Wikipedia)</p>
<p>I actually find it deeply ironic that the world - and especially the United States - doesn’t have more well-respected for-profit business schools. After all, isn’t the whole point of business school to teach you how to run a business? That is why it’s called a business school, is it not? What exactly do employees of either a government organization or an NGO - which is exactly what the faculty at a public or a nonprofit private business school respectively are - know about running a business, when they themselves don’t actually work in a bonafide business?</p>
<p>That makes sense. Woolworth worked for free and learned how to be a businessman. I was told that if I decided I wanted to work in Europe that I shouldn’t get an MBA, that it would be best to get a MS in Finance or Economics because businesses in Europe prefer to train their executives in their way of management.</p>