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Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

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Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#1
I know this is a heavily hacker infested place (it's a good thing :) but, I've been asking this question to many hackers with MBAs and I get different answers all the time. I have come to the conclusion that an MBA curriculum is not as worthy as other technical knowledge, but the networking is worth it, especially if it's a top tier school. Bonus question: which MBA program would is worthy of a hacker's time, i.e. geek friendly :) Any worthy opinions?

(How I jumped to the conclusion: read a gazillion different materials from Andreessen to Bezos to bozos, became a research assistant at a top business school to see what the heck professors really think about the curriculum, and of course, talked to a few dozen MBAs across the world in different fields)

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#2
First of, I don't have an MBA but I contemplated it at one point. The conclusion I came to is that it's only worth it if it is a top 10 program.

In the case of a hacker I would probably go for a Stanford MBA due to to the connections you can make there as well as the tech friendly area. A lot of the North Eastern business schools are very finance heavy.

It may also be worthwhile to think of a sales/marketing MBA - combined with the hacker knowledge that seems like a win/win. Northwestern, I believe, is very good in that regard.

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#4

First of, I don't have an MBA but I contemplated it at one point. The conclusion I came to is that it's only worth it if it is a top 10 program. In the case of a hacker I would probably go for a Stanford MBA due to to the connections you can make there as well as the tech friendly area. A lot of the North Eastern business schools are very finance heavy. It may also be worthwhile to think of a sales/marketing MBA - co…

MIT, Northwestern and Stanford all have great programs. But getting into those programs is easier said than done.

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#5
I have a slightly skewed perspective, but I spent four years working at a Wall St. firm, and discovered that, while many people in finance have MBAs, the best frequently do not. The placement even worked that way: an analyst out of college gets a two-year contract in banking or trading, then the bank makes a decision. The chaff gets thrown away, the mid-range is sent to an MBA program and returns at the associate level, but the best stay on for a third year as analysts and then immediately become associates.

This doesn't address the question very well, I suppose, and obviously people outside of finance get MBAs. I feel that, at the end of the day, an MBA program is what you make of it. It can be a valuable networking opportunity. It can be two years off from working full-time. If you're thinking of going into it to learn about derivatives and accounting, then I suspect you're better off learning it on your own.

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#6
post #3

I'd be too afraid it'd turn me into the kind of person many MBAs are. Work with assholes and you risk becoming an asshole. I learned that in the financial industry the hard way.

I don't think that businessperson 'asshole' stereotype is always well deserved. I've worked with a lot of MBAs who are competent, caring, and good at programming.

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#8
I did a part time MBA program that was designed specifically for working professionals. I found it to be very useful - not necessarily for the class material, but to learn first hand about the other industries that my classmates were working in. I found that this information could be very useful for identifying software opportunities that I wouldn't otherwise think of on my own. Ultimately, whether you go back to school for an MBA or an advanced technical degree, the program will be what you make of it.

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#9
It goes back to the specialist vs. generalist question. An MBA experience will help you become more of a generalist, you will interact with people who are different from you and solve problems differently. It will also open up career options you may not have today, hedge funds, investment banks, consulting - some of which are intellectually interesting and pay well. Even if you decide to do a startup later, you will have friends working at VCs & operating companies that you can get help from.

If on the other hand you have decided that you want to live the rest of your life as a hacker, maybe it is not such a good idea. In any case, don't consider schools beyond the top 5 (Stanford, Harvard, Wharton, Chicago and maybe MIT).

Re: Ask YC: MBeA or to not be - is an MBA worth a hacker's time?

#10
A flip side of the same question: a doctoral friend of mine recommended that if one were to really get something out of grad school heavy-lifting and still learn critical thinking business skills, go for a PhD in any management science or economics; reason being a) Get paid to learn b) some programs award an MBA anyway c) learn a lot more behind the scenes than any MBA program. But, I have seen this to be very rarely useful hackers turned, for example, marketing gurus. Any thoughts on this?
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