| A_C_E said: Education means to bring out of someone, school puts information INTO people. MBA doens't offer a higher education, it just gives you information and that's all it can do. If someone went to school for 4 years for business, but another person simply opened up there own business that person would learn more in a year then the person who went to business school for 4 years. |
I don't disagree with the rest of your post. I just want to say though that what one learns by opening their own business and what one learns with an MBA are quite different. MBA's have their own value, but they don't replace experience, nor does experience replace all knowledge one gains in the process of an MBA (sometimes a general analysis is useful.) If they were replaceable uses of ones time then there would be a demand for one or the other, and not both. I do think, because of subsidies and price barriers in the economy certain degrees are oversaturated and that is why people who think they only need a degree to succeed are out of luck. On the otherhand, there are some things you won't gather from intuition. Without a knowledge of microeconomics and organization/planning deriving from such knowledge, many firms wouldn't have been successful as they have been, and that is principally a subject-area that one can only gain so much from intuition.
