Imagine that you have been accepted to Harvard Business School. The
ivy-covered buildings and high-powered faculty whisper that all you need
to do is listen to your teachers, get good grades and work well with
your peers. After two years, you'll emerge ready to take the business
world by storm. Once you have that degree, you'll have it made.
But don't kid yourself. What matters exponentially more than that
M.B.A. is the set of skills and accomplishments that got you into
business school in the first place. What if those same students, instead
of spending two years and $174,400 at Harvard Business School, took the
same amount of money and invested it in themselves? How would they
compare after two years?
If you want a business education, the
odds aren't with you, unfortunately, in business school. Professors are
rewarded for publishing journal articles, not for being good teachers.
The other students are trying to get ahead of you. The development
office is already assessing you for future donations. Administrators
care about the metrics that will improve your school's national ranking.
None of these things actually helps you learn about business.
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