The Value of HBS
By BankersBall on Jun 11, 2006 in M.B.A.: means business, a**hole
… besides dropping the H-bomb?
The NYTimes has a timely piece on the worth of an HBS degree.
One 1996 grad reports on the priorities and career paths of a select group of his fellow grads, 10 years later. Of course that group is too small to conclude anything, but there are lots of good theories in the article. I tend to agree with the one below:
“‘The real value of an Ivy League business degree is arguably not the education itself, but the screening of intelligence, drive and past accomplishments that the schools do,’ said Ben Dattner, founding principal of Dattner Consulting in New York. ‘Just like with undergraduate degrees, if you’re smart enough to get into a top-tier school, you’re likely to inspire confidence.’”
On Jun 16, 2006, indeed said:
Personally, I think the signalling theory you cite here is accurate however, interestingly enough, when researchers control for the school effect they find that signalling washes out and personal traits dominate in terms expected future income. From an NPV approach it is better to opt for the full ride at the State school than go with the Ivy school when the Return on Education is actually the same. Though then you can’t drop the H bomb.
Here is an interesting (hopefully) link for you:
http://econlog.econlib.org/archives/2006/06/two_educational.html
On Jul 9, 2007, Anonymous said:
What about Harvard Extension School? Anyone have any opinions on this?