Peggy Cunningham, the Director of Dalhousie's (Halifax, Canada)) MBA program echoed the thoughts of millions of others in this interview when she said that B-schools are to be blamed for current crisis and B-schools have ended up creating greedy monsters.
I tend to agree with her in largely. (If you dont, loook into placement fair historically in last 7 years at IIM-A). However I would add one tag to that. It is basically Bankers (& Finance MBAs) who are to be blamed for this. Of course, it doesnt mean rest of the world is as innocent as it can be. The overall greed still is the root cause of all evil - however Bankers (and I include Financial services giants as the leaders of this group) had the great evil genius brains to innovate bad financial instruments, make the rest of the world poor while they continue to grow rich - thus not bothering about true creation of wealth.
I tend to agree with her in largely. (If you dont, loook into placement fair historically in last 7 years at IIM-A). However I would add one tag to that. It is basically Bankers (& Finance MBAs) who are to be blamed for this. Of course, it doesnt mean rest of the world is as innocent as it can be. The overall greed still is the root cause of all evil - however Bankers (and I include Financial services giants as the leaders of this group) had the great evil genius brains to innovate bad financial instruments, make the rest of the world poor while they continue to grow rich - thus not bothering about true creation of wealth.
Posts
No comments:
Post a Comment