If you are an MBA basher, you might find this article from Economic Times interesting - B-Schools mean wrong training only.

The debate on the relevance of business schools refuses to die down. In the past, various academics - including Henry Mintzberg of McGill, Jeffrey Pfeiffer of Stanford-GSB and Warren Bennis of University of Southern California’s Marshall School of Business - have trained their guns on B-schools and the value of MBAs. So far, Mintzberg has been the strongest critic. His grouse: An MBA trains the wrong people in the wrong ways for the wrong reasons.

I don’t know what ‘wrong training’ here means; I have no doubts about the ‘relevance’ of business schools in sharpening analytical thinking and developing managerial skills in people. However, I agree with the major point of discontent - that top B schools (especially in the West) have given in to the pressures of the ranking game. And as the article puts it, have placed style over substance - in everything from choice of curriculum to teaching professionals. For example, it translates into curriculum changes that emphasize appearance over substance, less time spent on rigorous foundational training, research, DeAngelo said.

Thinking about it, the reason for this is obvious - top business schools vie to attract the best and sharpest brains from all over the world - and what do these brains in turn expect from business school training? A prestigious and very well paying job. In other words high profile placements. Which in turn boost the rankings of the school. And the ranking game continues.

Article from Economic Times.