[farout]

I completely agree.

I was considering a MBA several years ago. My friend made the statement: MBA is about brand recognition. Since you want to be local, go to only MIT or Harvard, otherwise just start your company.

Apparently Jack Welch made a similar comment when speaking to Sloan students a couple years back that angered the dean. When asked which courses to take, Welch replied (paraphrased), "it doesn't matter. this is a country club. network. That is value you are being provided."

[kenjackson]

This does make one inquire -- is there nothing to learn about business? Or is it impossible to teach business in a school setting?

I'd find it odd to hear doctors say the same thing about medical school, or even lawyers about law school.

[moomba]

I think nobody disagrees with the idea that you will learn some stuff while getting your MBA. What people disagree with is the idea that you will learn more getting an MBA at a lower tier school than you will working at a startup. MBA's are great for opening doors, you will get more doors opened working at a startup or going to an Ivy League school than getting an MBA at a lower tiered school.