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16 Jan 2013, 09:54
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His argument is simply trite. I can provide a bit more insight into what startups actually would look for (I work in a tech startup and often times work on projects in leading VC firms in the Bay Area)
Granted, bschools will not teach you technical skills (e.g. script writing and programming) relevant in the tech startup field. Unless bschools quickly adapt its curriculum, students going forward will just need to be dynamic and adapt to the demand of future employers. The founders at the company, a pretty successful "brand-name" startup, I am at still highly value a bschool education, since essentially it is a filtering process to source candidates who are eager to prove his/her mettle. A better argument would be that bschool students must stay ahead of curb and anticipate demand in skills, and not just assume 2 years at school is all that would be required to get that sweet high paying job.
Case in point: I came into my current with only a quant finance background, mainly from bulge m&a, and I realized that I would need to at least understand data and programming architecture in order to fully grasp the firm's business model. I took free online courses on postgresql, python, and C++ and, bam, I'm back in the game. Although I'll never be as skilled as CS majors, having a grasp of technical skills played a key role in my success at my current position.
Overall, this article is poorly written, cites irrelevant and wrong "facts," and takes far too many illogical assumptions.
Let's all assume his quant score far outweighed is verbal score...
Granted, bschools will not teach you technical skills (e.g. script writing and programming) relevant in the tech startup field. Unless bschools quickly adapt its curriculum, students going forward will just need to be dynamic and adapt to the demand of future employers. The founders at the company, a pretty successful "brand-name" startup, I am at still highly value a bschool education, since essentially it is a filtering process to source candidates who are eager to prove his/her mettle. A better argument would be that bschool students must stay ahead of curb and anticipate demand in skills, and not just assume 2 years at school is all that would be required to get that sweet high paying job.
Case in point: I came into my current with only a quant finance background, mainly from bulge m&a, and I realized that I would need to at least understand data and programming architecture in order to fully grasp the firm's business model. I took free online courses on postgresql, python, and C++ and, bam, I'm back in the game. Although I'll never be as skilled as CS majors, having a grasp of technical skills played a key role in my success at my current position.
Overall, this article is poorly written, cites irrelevant and wrong "facts," and takes far too many illogical assumptions.
Let's all assume his quant score far outweighed is verbal score...
packet82
Joined: 29 Aug 2012
Last visit: 04 Aug 2016
Posts: 454
Own Kudos:
Given Kudos: 6
Location: United States (WA)
Concentration: International Business, Entrepreneurship
Schools: Haas EWMBA '16 (M) Anderson FEMBA '16 (A)
16 Jan 2013, 10:25
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Since he's so focused on startups, I'm also curious why he seems to think 3 East Coast schools and a Chicagoland school would be the best choice. The vast majority of VC money is in the Bay Area. So, Stanford makes sense, but Haas isn't worth it?
To another point, if you want to get hired in the first round at a startup, business school might not be the best idea, no matter where you go. At that point, startups are usually looking for people who can put their product together, not provide business oversight. However, if you're looking to found a startup, a good business school is key. I don't know many other ways to get introduced to the VC industry and make connections with people at VC firms. They're not going to respond to an emailed pitch deck.
I'm sure Wharton is a fine school, but I've run in to more than enough of these kind of Wharton alums to know it isn't the place for me. This is probably why schools stress fit so much in the admissions process. I'd go postal if I had to deal with more than one of his type on a class project.
To another point, if you want to get hired in the first round at a startup, business school might not be the best idea, no matter where you go. At that point, startups are usually looking for people who can put their product together, not provide business oversight. However, if you're looking to found a startup, a good business school is key. I don't know many other ways to get introduced to the VC industry and make connections with people at VC firms. They're not going to respond to an emailed pitch deck.
I'm sure Wharton is a fine school, but I've run in to more than enough of these kind of Wharton alums to know it isn't the place for me. This is probably why schools stress fit so much in the admissions process. I'd go postal if I had to deal with more than one of his type on a class project.
riskall
Joined: 11 Dec 2012
Last visit: 29 Apr 2013
Posts: 73
Given Kudos: 11
Concentration: Entrepreneurship, Technology
Schools: Stanford '15 Haas EWMBA '16 (M)
GMAT 1: 720 Q50 V39
WE:Engineering (Computer Software)
17 Jan 2013, 00:25
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Two words about Wharton - Donald Trump.
. Having read the headlines of the articles on few occasions I was convinced that the article is bound to be hollow. I somehow felt that the author has an entrepreneurial bend and is having hard time using his Wharton credentials to enter the start up arena. I also believe that his batch mates at Wharton were disillusioned by "What a MBA prepares for" v.s " What one aspires to be" and hit the ground reality when switching jobs. 
