Posted on 03/12/2019 5:28:35 AM PDT by zeestephen
I’m still planning to write a book about how MBA’s are destroying the world.
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Then to be fair you should include chapters on shareholder expectations, business taxation, employment issues, the domestic and foreign competitive forces, the dynamic legislative environemt, and SEC oversight/reporting requirements. Yes, there’s a lot of short term thinking that is problematic but there are countless other things that influence business decisions.
The point is there are myriad issues facing all businesses and lots of people who are not MBAs are involved in corporate decision making.
When you get a chance, take a gander at the risk factors outlined in any annual report. There’s a world of bad things that can go wrong with any company, enough to make anyone think twice about investing in any company.
Include a chapter on Chinese mercantilism and the lack of protectionist tariffs because our corrupt congress and government was paid off.
Had he gone for the MBA think of what he could have accomplished.
MBAs destroyed a national treasure in Hughes Aircraft Company. Google how they stole 375 million from the company.
Wharton removed DJT’s portrait from its hall of fame.
The AACSB has diluted its brand so much that I would have a hard time seeing it still as a brand of excellence. It was at one time when it was hard to obtain accreditation from the AACSB. It is not so difficult now. Review the list of AACSB-accredited B-schools in the U.S. and you'll find a lot of very mediocre programs with accreditation.
While AACSB may not quite be the standard it once was, it remains the oldest and most widely recognized accrediting body and employers are likely to consider that.
Which begs the question, What other accreditation would you recommend for B school? Is there something better?
A most excellent comment!
How much was US News & World Report bribed for these ratings?
Felicity Huffman, Lori Loughlin among actresses, CEOs charged in alleged college admissions scam
https://freerepublic.com/focus/f-news/3733986/posts
No question that it is oldest and most widely recognized accreditation. I'm not sure how much employers care about it, though. In my discipline, employers hire from the local AACSB accredited schools and also from the non-accredited schools.
Which begs the question, What other accreditation would you recommend for B school? Is there something better?
I am unaware of any other major accrediting body for B-schools. Like any other signaling model, accreditation must have a credible way to distinguish the high-quality from the low-quality in a manner that the low-quality cannot mimic. How distinguishing is AACSB accreditation for the Wharton School if one of the small, unknown, local schools on the AACSB list also has the same accreditation?
Wharton should be number one every year, if it isn’t already.
I’m still planning to write a book about how MBA’s are destroying the world.
MBA globalists have ruined the USA and we will be lucky to survive the damage as a nation.
How distinguishing is AACSB accreditation for the Wharton School if one of the small, unknown, local schools on the AACSB list also has the same accreditation?
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I don’t think the AACSB accreditation is necessarily intended to distinguish the very best and eliminate the rest but rather to ensure through its evaluation process/criteria that minimum (but high) standards are met and that the business programs demonstrate their commitment to continuous improvement.
Most smaller schools could never hope to achieve AACSB accreditation if this were not the case. The larger, resource rich schools would effectively establish an oligopoly. In other words, AACSB encourages competition by recognizing those “lesser” schools that are making demonstrable strides toward improving the quality of their programs.
As with selecting anything due diligence is necessary to to ensure the best value for your education dollar. AACSB is no guarantee but it can help to narrow down the search for a quality program.
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