C'mon stop bashing the MBA holders. They deserve some credit on their continuing quest of seeking knowledge. From my perspective, one should accumulate a certain amount of experience before opting for MBA. Without exposure to the Rat Race in the competitive globalization, one wouldnt appreciate the value of an MBA, so do their employers. Synergy between MBA and salary will only be bridged by years of working experience.

On a side note, the EXTRAORDINARY cases where ali, ah kow or ramasamy becoming a millionaire without knowledge is applicable N years ago where N approaches 50. Those days, you must have connection, oppurtunity and luck (still applicable now) to reach the golden platform. In this centuary, to become a successful entrepreneur you need to be leveraged. Thus you need loans from Banks. Needless to say, Banks will agree to borrow when they are confident in your level of management which education proves helpful, Initialliy.

All in all, lets rest the case that EXCEPTION do exist because it is almost subjective to the core. But one thing for sure, statistics will show the odds of failing is greater than succeeding. Rest assure, education is profound key to success .

This post has been edited by keelim: Jan 9 2009, 01:03 PM

I was working on an investment framework with BCG and from our casual acquaintance, hardly anyone graduated from Harvard. Mostly mbas from insead and Chicago booth.

Well I have no intention to rank the business
Schools into different buckets. Merely, good business schools take good students to ensure their grads live up to the prestige of the school. It's a marketing strategy of goodwill in accounting terms. On a smaller scale, is how tuition industry evolves. Good teacher takes good students and ensures their repo is maintained if not lifted.