Monday, August 15, 2011

B-School Myths

Your peers will give you lots of tips and insights that will help you succeed in your career. In my experience, the majority of B-School students are lemmings. They don’t know what they want to do afterwards, so they just do what their peers say they should do (maybe that’s why they applied to B-School in the first place).


Ten years ago, everyone at my school wanted to be a dot com entrepreneur. That didn’t work out so well and most students later went back to being investment bankers or management consultants. Your peers don’t know what you want to do with your career. You need to start listening to that voice inside your head.



You are smarter than people without an MBA. You were smart enough to get in to Business School. That doesn’t mean you are smarter than other people without an MBA. Stay humble.



The Ivy League MBAs will be even more successful. An Ivy League credential will be a big plus for you on your resume – no question. However, you have to realize that if you’re getting an Ivy League MBA, you’re probably 10x more susceptible to the previously mentioned myths than other MBAs. Don’t let yourself be the next Jeff Skilling, the smart Harvard MBA, who worked at McKinsey and then went to Enron and drove the company off a cliff.



--Forbes

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