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Re: MBA's



Proyect quoting Cockburn quoting Bloom

"?a great disaster has
occurred. It is the establishment during the last decade or so of the MBA
as the moral equivalent of the MD or the law degree, meaning a way of
insuring a lucrative living by the mere fact of a diploma that is not the
mark of scholarly achievement?the prebusiness economics major, who not only
does not take an interest in sociology, anthropology or political science
but is also persuaded that what he is learning can handle all that belongs
to those studies. Moreover, he is not motivated by the love of the science
of economics but by love of what it is concerned with-money."

For my sins I have ended up working in the publishing unit of the graduate business school of a small regional uni. While it is generally mind-bendingly boring (though I can squeeze in a bit of computer related political work while my supervisor, a leftie and a pioneer in indigenous education who is also a bit grumpy about working here, isn't looking or pretends not to look), it is sometimes interesting to see how aspiring capitalists are trained, and also a revelation how Mickey Mouse the MBA program is. Of course due to funding cuts the uni has encouraged this school to frantically run around China, Malaysia, PNG as well as Oz selling its wares to full-feeing paying managers and their corporate backers, and it seems a flimsy course can only help.

Louis further says

Anyone who attended an American
university in the 80s or 90s can remember those smug fellows who dreamed of
the riches derived from a Wharton or Harvard MBA. (The role model was
Donald Trump with his degree from the Wharton School of Finance.) Who can
forget their superior attitude toward their fellow students who were
wasting their time in the humanities department?

The students must learn smugness along with Accounting 101. The academics and management here have this strange idea that their money-generating abilities make them far superior to other schools, which are parasites on the public purse, even though it should be fairly obvious that their product alone is aimed solely at people who can pay full fees. At a staff meeting during a bureacratic fight around the merging of the several schools which have business-related programs, after it was revealed that the dastardly Tourism department claimed it needed more rather than less public funding, one of the bourgeois ideologists got up and declared "is this a school of tourism, or of socialism?!".
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