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by slap_shot 4998 days ago
I don't see how this actually supports the pursuit of an MBA.

For instance, the first point is that you learn a range of subjects, and while acknowledging that you could learn them each through a book, MBA programs let you talk about these subjects with people from unique backgrounds. Why do I need an MBA program to do that? I can quickly find plenty of people from any of the aforementioned industries outside of an MBA program. This is a weak point.

The second point is that it is cheap. I've lived in NYC, worked in finance, and know plenty of MBAs, and the general rule is, if your MBA isn't from a top-tier school, it's hard to justify getting one (more on that in a moment). Just saying you can get a cheap MBA doesn't support the point getting an MBA.

The 5th point probably illustrates best why NOT to get an MBA. MBA programs, historically, have been breeding grounds for large corporations to hire executives from, especially if you come from a top-tier program. However, I don't think entrepreneurship really gives a shit where you went to school or what you studied. Empirically, it doesn't seem to have much impact. Until an MBA program can actually demonstrate that a significant portion of their graduates go on to have a more successful run in startups, I don't think there is a great argument for pursuing an MBA to start a company.