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A clarion call to shut down the business school!

Firsthand advice on how to survive business school, including an exclusive interview with the #1 business school in America, "Business School Confidential" uses the same format that made "Law School Confidential" such a success.

This book examines the criticism that modern business schools face and how these obstacles have evolved throughout history. Through historical, resource, and professional school contexts, it sheds light on the operating environment of the business school and the challenges endemic to various university-based professional schools, exploring the likelihood that potential interventions will result in success or failure. Business schools are often accused of inhibiting the practice of business by producing research that is irrelevant and does not address real concerns facing managers. This book investigates these accusations by outlining the historical values on which academic institutions are based, the resources and funding available today, and comparisons to other professional schools which undergo a similar level of scrutiny. This extensive coverage will help academics, administrators, faculty, and policy makers with the tools to understand better the ill-will towards business schools in today’s university structure, and ultimately to deliver on the benefits they provide to stakeholders.

Ultimately, finding the best and most appropriate business school requires more than following trends and assessing rankings. Dennis and Smith offer an approach that is designed to help prospective MBA students cast their nets widely, thinking more expansively, creatively, and strategically, with both short- and long-term implications in mind. Discussing the pros and cons of a formal business education (in the context of evolving attitudes toward management and the role of the MBA in developing successful leaders), the authors help readers identify their underlying motivations for pursuing an MBA, learn how to read between the lines of the popular rankings, and utilize the concept of return on investment (ROI) to evaluate programs on the basis of their contribution to long-term professional and personal goals. At a time when one-fourth of all master's degrees conferred are in business, Finding the Best Business School for You offers practical insights for making wise decisions and getting the most out of the MBA experience. The truth is that, in response to changes in the global business environment, many schools are redesigning their curricula, forging closer ties with businesses, and giving students more freedom to customize their degrees. Some of the most innovative programs are being designed at public universities and other institutions out of the spotlight.

In the mid-20th century, university-based business schools re-oriented themselves to increased alignment with the preferences of the university and decreased alignment with the preferences of business. This re-alignment has caused multiple observers to question the effectiveness of current-day business schools. For example, recent discussions have lamented that business schools are engaged in research that does not influence the practice of business. This book engages these debates, arguing that all judgments about the effectiveness of business schools are rooted in assumptions about what the purposes of the business school appropriately are and that many of those assumptions are unstated and not subjected to debate. The author weaves a unique blend of complexity theory, philosophy of science, and the nature of professions to articulate those goals and assess the effectiveness at meeting them. The book traces parallel discussions regarding the purpose of the university in the writings of Aristotle and Wilhelm von Humboldt and ties those discussions to current debates. This book will inform business faculty and administrators of the degree to which university-based business schools are balancing multiple purposes which include discovery of knowledge, creating knowledge that informs the practice of business, training professionals, and instilling ethical principles in its training of those professionals.