Sunday, December 6, 2009

MBA Program Misunderstandings, Part 3

In previous blogs I pointed out how and why graduate schools are revamping their MBA courses. And that some may be doing so for critical needs, as well as cynical purposes.

And that some on the left make ethics the sole instruction issue when ethics should be taught no matter the course. Capitalism, after all, is not the only economic system beset by occasional problems brought on by poor ethical standards.

There are valid areas where MBA courses can be tweaked. Examples; The use of mathematical models and their shortcomings, liquidity in pricing securities, global interdependence within the world economy, the problem of over-regulation by government, and so on.

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