The Simple MBA Manifesto: Do We Really Need MBAs?

Pramit Singh
Pramit SinghInternet Enthusiast at Home
Do We Need The MBAs? Rethinking Business Education
How do you teach obsession?   Because often it is obsession that drives an entrepreneur's vision.  How do you learn to be an outsider if you are not one already? - Dame Anita Roddick, founder of Body Shop
MBAs Cheat.   56% of all MBA students cheat at Exams. Source: study by the Academy of Management Learning and Education of 5,300 students in the U.S. and Canada
What’s wrong with MBAs? Business Education is not about Business.  It is about Money. Source: http://sprizouse.blogspot.com/2008/11/amoral-mba-students.html
Can you name any successful, path-breaking, innovative company started by an MBA?
MBA Salaries Are Insane
What do MBAs Actually Do? MBAs ran Enron (2001) and these superstars  of the subprime crisis 2008-9
MBAs Often Make Bad Bosses. Their education does not always make them nice people. Pictured alongside is Alec Baldwin in “Glengerry Glen Ross”
Create Boring Companies
Where People Don’t Love Working Pictured alongside is a scene from Mike Judge’s “Office Space”
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MBAs themselves are over-rated. Add  $500,000 for every engineer in the company. Subtract  $ 250,000 for every (overpaid) MBA onboard.  - Guy Kawasaki’s formula for valuing new companies
Some of the best successes on the internet are single or two person stories.
MBA degrees don’t  guarantee a job.   Three main issues facing the workforce: A. Self- Employment   B. Re-skilling   C. Staying ahead of the competition.   Source: Michigandaily.com Wall Street Journal
Let us reform our schools and we shall find little reform needed in our prisons. - John Ruskin
Education is very expensive.
Let’s Start With Using Common Sense
And A Will To Teach Ourselves
B-Schools Do Not Teach Everything
Books Do
We Can learn Business in 1 Day
Or, in 10 Days
How about 30 Days?
Or, Read The Best Business Books AKA The Personal MBA Manifesto
Read The Success Manual  Your Ultimate Compilation of Business and Self-Help Advice:   - Essential compilation of great advice on 130 Most Important Business & Self-Development Topics  - Concise summaries from 200+ Greatest Business and Self Development Books of all time - Advice from the greatest minds: 3000+ very useful quotes   Special Price: $14.95  615 Large, Magazine-Size Pages $14.95 only http://thesuccessmanual.bighow.com Copyright © 2012 Pramit Singh
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The Simple MBA Manifesto: Do We Really Need MBAs?

  • 1. Do We Need The MBAs? Rethinking Business Education
  • 2. How do you teach obsession? Because often it is obsession that drives an entrepreneur's vision. How do you learn to be an outsider if you are not one already? - Dame Anita Roddick, founder of Body Shop
  • 3. MBAs Cheat. 56% of all MBA students cheat at Exams. Source: study by the Academy of Management Learning and Education of 5,300 students in the U.S. and Canada
  • 4. What’s wrong with MBAs? Business Education is not about Business. It is about Money. Source: http://sprizouse.blogspot.com/2008/11/amoral-mba-students.html
  • 5. Can you name any successful, path-breaking, innovative company started by an MBA?
  • 7. What do MBAs Actually Do? MBAs ran Enron (2001) and these superstars of the subprime crisis 2008-9
  • 8. MBAs Often Make Bad Bosses. Their education does not always make them nice people. Pictured alongside is Alec Baldwin in “Glengerry Glen Ross”
  • 10. Where People Don’t Love Working Pictured alongside is a scene from Mike Judge’s “Office Space”
  • 11.
  • 12. MBAs themselves are over-rated. Add $500,000 for every engineer in the company. Subtract $ 250,000 for every (overpaid) MBA onboard. - Guy Kawasaki’s formula for valuing new companies
  • 13. Some of the best successes on the internet are single or two person stories.
  • 14. MBA degrees don’t guarantee a job. Three main issues facing the workforce: A. Self- Employment B. Re-skilling C. Staying ahead of the competition. Source: Michigandaily.com Wall Street Journal
  • 15. Let us reform our schools and we shall find little reform needed in our prisons. - John Ruskin
  • 16. Education is very expensive.
  • 17. Let’s Start With Using Common Sense
  • 18. And A Will To Teach Ourselves
  • 19. B-Schools Do Not Teach Everything
  • 21. We Can learn Business in 1 Day
  • 22. Or, in 10 Days
  • 23. How about 30 Days?
  • 24. Or, Read The Best Business Books AKA The Personal MBA Manifesto
  • 25. Read The Success Manual Your Ultimate Compilation of Business and Self-Help Advice: - Essential compilation of great advice on 130 Most Important Business & Self-Development Topics - Concise summaries from 200+ Greatest Business and Self Development Books of all time - Advice from the greatest minds: 3000+ very useful quotes Special Price: $14.95 615 Large, Magazine-Size Pages $14.95 only http://thesuccessmanual.bighow.com Copyright © 2012 Pramit Singh