PPRuNe Forums - There Is Hope - The Death Of The MBA.

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- - There Is Hope - The Death Of The MBA. (https://www.pprune.org/australia-new-zealand-pacific/457003-there-hope-death-mba.html)

Priapism, free markets in theory work well but human nature seems to get in the road along the way that is why we need governance and regulation.

Sunfish....Have you just described an apprenticeship?????

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I am an (sic) university educated person with an undergraduate degree...

Please explain how an undergraduate can hold a degree. Perhaps it is more MBA "Doublespeak?" (William Lutz, 1987)

There are 2 types of degree: Undergraduate and Post-Graduate. The undergraduate degree is your normal run of the mill BA, BSc, BEc, LLB, BEng, BAv..

Post Graduate is a qualification awarded to someone who has already fulfilled the requirements for award of an Under Graduate Degree:ie MA,Phd, Graduate Diploma/Certificate etc.

Propstop, I guess you could say so.

The interesting deduction from Lutz's theorem, if its correct, is that the first companies that realise the limitations of a lack of management hands on expereince are going to make a lot of money.

...And give it Thirty years and the pendulum will have swung in the other direction. Remember that when Branson tried to borrow money to start his first business venture, he was told he was too young and inexperienced....

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Post Graduate is a qualification awarded to someone who has already fulfilled the requirements for award of an Under Graduate Degree:ie MA,Phd, Graduate Diploma/Certificate etc.

Or someone who can satisfy a token 'work/real life experience' requirement and will come up with the cash. Some years after being awarded a degree I did a postgrad course and there were students who could barely speak (let alone write) English and hadn't realised that copying great wads of Wikipedia does not maketh a great essay, which is something taught practically at gunpoint in the first course of any decent bachelor degree. It was a reasonable university and the staff did their best to maintain an academic standard, but it was obvious that money talked and every kid got a prize, Wiki-fanatics included. :uhoh:

Even some of the posh unis are offering the 'prior management experience' option to get MBA students, and seeing the fees they charge for an MBA course I'm not surprised. They must cover the costs of a lot of sandstone arches and lab upgrades. However, I think it debases the postgrad concept and cheapens their product.