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

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

#31
post #27
post #25

I honestly can't think of any good reason today why someone who could hack would want an MBA. If you're concerned about learning, you will learn more about business in one good hands on project than 2 years of formal education. If you're concerned about having a mentor, you will meet infinitely more business saavy people in business than you ever will in school. If you're concerned about money, 2 years of earning wil…

This is quite inaccurate. There exist jobs for which the above are true, but not most. If you're concerned about learning... Sure, but it'll be completely different stuff. If you're concerned about having a mentor... Or not. Real leaders in the corporate world are rare. If you're concerned about money... Not really. If you've worked and then go back and got an MBA you come back at mid-management. I'm hardly a cheerle…

"This is quite inaccurate."

Maybe for someone, but not for me.

"it'll be completely different stuff"

Exactly. That's my whole point. Some things I learned in my MBA program, like the time value of money, were at best, easily gleaned from dozens of books at Borders. Other things, like marketing strategies and case studies, were just wrong and counterproductive. Nothing valuable I ever learned on the job was even on the business school's radar.

"Real leaders in the corporate world are rare."

True. And much rarer in academia.

"If you've worked and then go back and got an MBA you come back at mid-management."

So what? Been there, done that. As an experienced hacker, I don't remember the last time I had a mid-manager who earned more than I do. They are easily expendible. I am on the critical path.

"hacker with a chip on his shoulder"

No, just one who loves what he does and has seen the light. If you can hack, don't make the same mistake I did. Forget the MBA and get better at hacking by hacking.

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

#32
I'm not sure if I qualify as a "hacker", but I am a development manager for a small software company and hold an MBA from SCU. All of my prior experience had been in product development, so the MBA was useful primarily for gaining a broader perspective on other areas such as marketing, finance, and operations. It would have taken me much longer to learn the same things through work experience and self study.

If you do decide to pursue an MBA let me put a plug in for my alma mater. It's a good choice since you can work full time in Silicon Valley and then go to school nights and weekends. http://www.scu.edu/business/graduates/admissions/evening-mba...

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

#33

It seems like a lot of people here are missing the point of an MBA. You don't get one primarily for what you learn; you get one for who you can meet. Sure, you're going to learn some stuff you didn't know, but top MBA programs are aimed at people who were in an industry for a couple of years and have experience. The purpose, learning wise, is to fine-tune your skills. You should go after an MBA mostly for the network…

I agree, but I'm not sure it's worth the $60-$100k (not including opportunity cost)... I would think if you live in a major metro that there are other venues for that.

Then again the credibility it brings if you want to go to finance in Wall St or move up in Big Corp X may be useful to some people (assuming that you go to a top 10 MBA program)... but probably not too useful to most of the people who come to yc news

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

#34
post #30
post #29

Earlier quoted context omitted.

>>> If you're concerned about learning, you will learn more about business in one good hands on project than 2 years of formal education. That statement pretty much discredits everything you say. Have you run through an entire MBA program? This statement is unbelievably ignorant. As for CMU, they certainly do have an "MBA" program. Also, CMU is a 2nd tier B-School. It's still very good but not at the top of U.S. MBA…

"pretty much discredits everything you say" How? Please provide some data to support this statement. Then I'll understand and perhaps, be better able to respond. I have my MBA, 86 hands-on IT projects, several management jobs, non-IT P & L responsibility, and have hacked tens of thousands of original programs, all in a business environment. I freely share my experience and assessment so that someone else might be abl…

So take one random sample from one of your 86 "hands-on IT projects", and you're trying to tell me that you learned all the things that you would need to learn in a full-time 2 year MBA program? I just don't see how that is remotely possible.

If you're just talking about random learning, then your statement doesn't really reply. I could spend two years reading Wikipedia and learn a lot more than I could in two years of full-time MBA study -- the problem is the quality not the quantity.

Besides, a lot of the value of the MBA doesn't come directly from the curriculum but rather having in-depth case analysis with your professor and the other students.

I find it pretty interesting that a lot of the values of the MBA and the decisions for firms to hire MBAs parallel a lot with how YC operates, yet YC is viewed as the holy entity and MBAs are viewed as hell spawns. The bulk of the value of YC doesn't come from the investment, it comes from the community, much like an MBA. The curriculum doesn't vary that much between a top school like Wharton or Chicago and your standard state school. The difference is the quality of the other students. And much like YC, firms hire MBAs on their abilities to learn and not what they've already learned. Don't get me wrong, the curriculum is very important and gives a very good general overview of every major operation in a corporation (operations, accounting, finance, marketing, IS, etc), but honestly, you COULD learn it all on your own. But that applies to just about anything. I could learn all the curriculum I would need for a CS PhD on my own if I wanted to as well...

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

#35
post #34
post #30

Earlier quoted context omitted.

"pretty much discredits everything you say" How? Please provide some data to support this statement. Then I'll understand and perhaps, be better able to respond. I have my MBA, 86 hands-on IT projects, several management jobs, non-IT P & L responsibility, and have hacked tens of thousands of original programs, all in a business environment. I freely share my experience and assessment so that someone else might be abl…

So take one random sample from one of your 86 "hands-on IT projects", and you're trying to tell me that you learned all the things that you would need to learn in a full-time 2 year MBA program? I just don't see how that is remotely possible. If you're just talking about random learning, then your statement doesn't really reply. I could spend two years reading Wikipedia and learn a lot more than I could in two years…

"all the things that you would need to learn in a full-time 2 year MBA program"

I can't think of a single thing that would be on that list. Business School is not like Law School or Medical School where you must remember the "things" you learned. Employers use the MBA to differentiate candidates. It's unlikely that you'll use all that much from the curriculum on your first job. You even say so yourself, "firms hire MBAs on their abilities to learn and not what they've already learned".

"I just don't see how that is remotely possible."

How could you if you've never done it? Every large project I've ever worked on had issues with interpersonal communication, project management, logistics, deployment, revenue generation, and profitability (you know, all the important stuff), in a manner that business school can't even imagine covering.

"the problem is the quality not the quantity"

Exactly. That's my whole point. The quality of a hands on business education blows away anything academic. I imagine most business people (with MBAs or not) would heartily concur. The only thing I remember from business school was, "A degree in business is a degree in nothing."

"in-depth case analysis"

Case studies are notoriously poor for learning about business. What good is it to study business decisions after the fact, when you already know what they didn't? Marc Andressson said as much in his talk at Startup School here:

http://www.justin.tv/hackertv/98124/Marc_Andreessen_Founder_...

or here:

http://omnisio.com/startupschool08/marc-andreessen-at-startu...

If you don't want to listen to me, perhaps he's a little more convincing. (Whether you agree with me about anything or not, I strongly suggest this video. A lot to learn from someone with real battle scars.)

"with your professor and the other students"

who pale in comparison to people your encounter every day on the job. Why do you think the most important class in any business school is the internship?

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

#36
post #35
post #34

Earlier quoted context omitted.

So take one random sample from one of your 86 "hands-on IT projects", and you're trying to tell me that you learned all the things that you would need to learn in a full-time 2 year MBA program? I just don't see how that is remotely possible. If you're just talking about random learning, then your statement doesn't really reply. I could spend two years reading Wikipedia and learn a lot more than I could in two years…

"all the things that you would need to learn in a full-time 2 year MBA program" I can't think of a single thing that would be on that list. Business School is not like Law School or Medical School where you must remember the "things" you learned. Employers use the MBA to differentiate candidates. It's unlikely that you'll use all that much from the curriculum on your first job. You even say so yourself, "firms hire M…

You makes some decent points but you continue to say things that are a bit ridiculous such as:

"who pale in comparison to people your encounter every day on the job. Why do you think the most important class in any business school is the internship?".

Where do you work that you get to spend each day with the best and brightest business leaders in the world? There are reasons why top management consulting firms aggressively recruit MBAs from top-tier business schools and a lot of it has to do with the people that they were surrounded with in their education.

I'm not going to discount your opinions or Marc Andreesen's opinions but they are just two opinions. I'm sure I could go talk to any partner at Accenture and get a vastly different opinion. I don't really think that the MBA makes that much sense for someone interested in starting their own web company but for many career paths it does.

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

#37
post #36
post #35

Earlier quoted context omitted.

"all the things that you would need to learn in a full-time 2 year MBA program" I can't think of a single thing that would be on that list. Business School is not like Law School or Medical School where you must remember the "things" you learned. Employers use the MBA to differentiate candidates. It's unlikely that you'll use all that much from the curriculum on your first job. You even say so yourself, "firms hire M…

You makes some decent points but you continue to say things that are a bit ridiculous such as: "who pale in comparison to people your encounter every day on the job. Why do you think the most important class in any business school is the internship?". Where do you work that you get to spend each day with the best and brightest business leaders in the world? There are reasons why top management consulting firms aggres…

"Where do you work that you get to spend each day with the best and brightest business leaders in the world?"

I don't. I just believe that we all have a lot to learn from all the ordinary people running the world, a little bit at a time. I imagine the best and brightest business leaders in the world would agree with me.

"I'm sure I could go talk to any partner at Accenture and get a vastly different opinion"

Yes you will! But don't forget to talk to a few of the many business people who despise firms like Accenture. I know they're out there because they're the ones who call people like me (and many others here) to clean up the messes MBAs leave behind.

"I don't really think that the MBA makes that much sense for someone interested in starting their own web company but for many career paths it does."

Yes, I agree.

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

#38

Its going to cost you about $130,000 to get an MBA. (2 $50,000 tuition + 2 15,000 living expenses) Think of all the bad-ass shit you can do with $130,000. You could buy all the sweetest electronics and hire an cheap electrical engineer fulltime for like two years and build something sick. You could invest that in your savings and be 5-10 years closer to retirement and then do fun things and not have to work for the m…

2x50,000 + 2x15,000 btw. Parser ate my stars. How do we escape this? backslash star?
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