MBA in the time of Economic Cholera

While the economic travesty of our generation persists and the methods and policies to restore sanity in the system falters – a diverse group of odd students would take it on itself to find hope in what future holds. The CLASS OF DUKE CCMBA 2012!!!

Everyone with his own philosophy, his own reason – to meet his/her (or parents’) expectation of accomplishment, to find an alternative to current career path, to make more money or in case of a few, to create a plank to launch a venture of his/her own. And all these reasons are backed by the fundamental belief in a bright outlook for the future.

As a self-taught student of economics, I have watched Keynesian economics panned and trickle-down economics fail. And in fact I often wonder if trickle-down economics is just an alias for trickle-down politics. While the scope of an MBA extends far beyond learning basic tenets of economics, it can’t be overlooked that every personal, financial and professional decision of an individual just as a corporation is largely a function of P/L. Essentially, when all is said and done, an MBA may yet just be a study of perfecting the art to maximize that P and minimize that L – against all adversities, market conditions, competition, evolving tactics, disruptive technologies, regional politics, negative public perception etc..

OR it may just be an opportunity to specialize in the area of leadership with specific focus on client partnering, models of emb

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The MBA Choice

I wrote in my last post that I decided on a new direction, a new path in life, and so went with the MBA option. Now beyond the decision, I wanted to write about the reasoning behind my decision. Please understand that the following is my perspective and my opinion, and is based sometimes only loosely on facts and reality. I also have a terrible tendency to go off on tangents. Those who have met me can attest to this, though I take pride in circling around to come back to the point…eventually. Just enjoy the trip along the tangents I say. So with that being said, please take everything with a grain of salt.

I was talking with a friend over dinner this last week. She is a lawyer that is in the process of jumping industries and taking the huge plunge of starting medical school to be a doctor. Now that was a heck of a surprise and sounded like quite a risk to me. I can understand it as I’ve changed jobs myself. Life is far too short to spend time in something that you don’t like, or how she put it, “I felt like every day I was dying a little inside.” When I expressed my surprise, she said that I was taking quite a risk myself, going for my MBA. I did the impolite thing and laughed a little. I told her that while it’s a risk, MBA candidates and graduates are usually incredibly risk averse.

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