Eli the Bearded  06-27-2002
03:41 PM ET (US)
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From where I sit it seems a lot of people who would otherwise
be investing in stocks, mutual funds, and the like, are now
putting their money into real estate, having lost some amount
of trust for the markets...
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Dr Google 06-27-2002
03:12 AM ET (US)
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Corrupt businessmen and politicians make me think America is a third-world nation.
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Mark Madsen 06-26-2002
06:08 PM ET (US)
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My experience at CMU was similar, and it carried straight through into the tech and non-tech industries. Management now is all about finance and nothing about running a business. Most CEOs are only qualified to handle the financial angle, and even there the long term is questionable. Good issue of Fortune this month talking about business criminals and reform.
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Stefan Jones 06-26-2002
02:50 PM ET (US)
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Chris: I didn't get a chance to see the others' grades, so no, I don't know if the suit-wearing helped or not! :-)
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Buzz 06-26-2002
02:45 PM ET (US)
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Cory, OT here, anyhow no mention of the appearance TechTV's TSS last night? Personally, I thought you handled it very well, despite Martin's usual overzealous control of the interview.
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Chris Smith 06-26-2002
01:32 PM ET (US)
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That sounds familiar - McMaster U (in Hamilton) has a pretty quant MBA program, largely because of some overlap with the engineering school. Finance was a real killer, though. When you get a B-school full of people with engineering-level math, buzzwords shouldnt't cut it.
The only time I saw people seriously trying to impress the prof was in Policy. He had three postive participation points available each day. In a class of forty, EVERYONE is trying, every day, to be top of mind when he leaves to note which three people get a point that day. It was brutal, and one of the most valuable experiences in the entire program.
You didn't actually say - perhaps couldn't really find out - did all that suit wearing and buzz word speaking actually help at any point?
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Stefan Jones 06-26-2002
01:17 PM ET (US)
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I took a bunch of business classes -- marketing, technology management -- while at CMU. The "Graduate School of Industrial Administration" there is pretty prestigious. The front of the building has bas-relief type scenes of dams and factories and engineers at work. Neat. Also, a lot of the students were engineers adding some real-world depth to their degrees. Neat.
Not so neat: The actual business students. They didn't seem very interested in "industrial administration;" the hot class was Finance. The ones I worked with had a fetish for lingo and buzzwords; they insisted on inserting them into what I thought were very carefully worked out papers. They wore suits to impress the professors. They didn't try very hard to understand technology, beyond that which would let them make PowerPoint presentations. (Real quote: "Java? It's this thing that makes pictures wiggle around on web pages.")
I picture these dudes sliding quite easily into roles in companies where fast bucks and share activity are more important than providing a service or products.
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