I work for a company that is very heavy in MBAs. i'm in meetings 5 hours a day looking at spreadsheets and processes and KPIs. all of it is a huge waste of time.
Engineer pursuing an MBA here. Agree to an extent - engineers are incredible problem solvers and have an aptitude for quickly learning new topics. That being said, we are not taught corporate finance concepts in an engineering curriculum. An MBA is a tool to network, expand an engineer’s perspective, and be able to quantify value. Though…I do find it disturbing the number of my cohorts and alumni in finance functions who have a fundamental lack of understanding for more technical products.
@@DSNCB919Have you been through a good MBA? If not, you don't know what you are missing. I am an Engineer too in essence, but the MBA I took close to half a Century ago, opened up my eyes and my perspectives.
He is right in my view. When I took my MBA 47 years ago, there were few and far between, especially so outside the U.S. Nowadays there is a proliferation of MBA's, and the standards vary widely. Which brings us to the inevitable question, which MBA are we talking about? From where? One cannot put them all in one basket, there are variations, a whole range quality wise. A second point is that the MBA was meant to be a generalist degree aiming to produce leaders. These days, many tend to specialise in specific functions. This is the job of specialist Master's degrees, but I suppose many colleges baptise them MBA's rather than MS, or MFin etc., they seem to think -wrongly in my humble opinion - that it sounds better to attach the MBA label.
some of the engineers can be good business administrator but no mba can be average eng and tech comp need more eng not mba elon totaly got a point innovation before administraton
Manufacturing companies like Tesla need MBA'S but the program should be geared towards manufacturing since business is quite general and broad. So you need a specialized MBA
People mistake common sense with common knowledge. Reinvestment doesn't need rocket science logic to understand but human nature without being educated will tend to splurge all earnings.
Well said. The value chain and understanding the company’s actually business they compete in is what MBAs do really well. There is a gross over misrepresentation that MBAs are these corporate types who look at Finance, income statements, balance sheets and ratios. There is a lot of that sort of atrophy of management style today because most corporate executives of really large multinational corporations are these people who are in their 50s and late 60s who have a very outdated way of running companies. Modern MBAs are very good at dissecting what set of activities and strategic decision making logic firms make that give a unique and sustained competitive advantage. That is the sort of skill sets that really good MBAs are worth their weight in gold in when they can use that to their advantage or set a strategic decision analysis to compete effectively by first understanding what key activities their competitors do very well in order to then engineer an approach to their own businesses that will allow to either gain greater market share or charge a higher rate of return from their competitors, or both! I am a Elon fan as well. I will say this, if there are anyone who will dethrone any Elon type companies like Tesla or SpaceX when they space industry really takes off, it will be a bunch of MBAs who will take significant market share and profitability.
@@RichardWalls Absolutely. Caveat - his engineering domain was metallurgy instead of CS. Satya Nadella I think has undergrad in mechanical, masters in CS, worked as SDE & simultaneously did part time MBA from Uni of Chicago.
I don’t agree 100% with Elon’s comment… Interesting generalization. Thank you for sharing your take on what he said. You made great points. Excellent video! 👍
I think I could thank god finally for allowing me to do what I do I didn't have to trust anyone❤❤🎉🎉 elon I have an MBA and have no plans of working but living
Elon Musk's goal may have been to obtain an MBA even if he's rich, but he didn't have the discipline to acquire it. I believe there's a little bit of envy toward MBAs.
@@oliverelias1356 - I'm as serious as a heart attack. I've seen too many people who are entitled and insecure. When they are in high positions without higher education, they make others with higher education lives miserable.
@@unityaboriginelove6595 well, you have a point, but you're generalizing too. There are people who have MBA's who are good in a position and people who don't, and there are people who don't need MBA's and they're good in a position and people who Don't and they are worst. What works for a person not necessarily works for other ones. There's nothing wrong about having a MBA and there's nothing wrong about not having it.
@@oliverelias1356 - I follow the rule, it's better to have and not need it than to need it but don't have it. It's similar to insurance, "just in case".
*QUESTION* : What do *YOU* think about Elon Musk's comments about MBAs?? Leave a comment down below! 👇👇👇
Non-MBAs in healthcare spend all day in meetings and never actually do anything... except create more busy work.
I work for a company that is very heavy in MBAs. i'm in meetings 5 hours a day looking at spreadsheets and processes and KPIs. all of it is a huge waste of time.
There can definitely be too many meetings at some companies...
Engineer pursuing an MBA here. Agree to an extent - engineers are incredible problem solvers and have an aptitude for quickly learning new topics. That being said, we are not taught corporate finance concepts in an engineering curriculum. An MBA is a tool to network, expand an engineer’s perspective, and be able to quantify value.
Though…I do find it disturbing the number of my cohorts and alumni in finance functions who have a fundamental lack of understanding for more technical products.
You dont need an mba to learn that. Does your director have an mba? Im an engineer as well
@@DSNCB919Have you been through a good MBA? If not, you don't know what you are missing. I am an Engineer too in essence, but the MBA I took close to half a Century ago, opened up my eyes and my perspectives.
He is right in my view. When I took my MBA 47 years ago, there were few and far between, especially so outside the U.S. Nowadays there is a proliferation of MBA's, and the standards vary widely. Which brings us to the inevitable question, which MBA are we talking about? From where? One cannot put them all in one basket, there are variations, a whole range quality wise. A second point is that the MBA was meant to be a generalist degree aiming to produce leaders. These days, many tend to specialise in specific functions. This is the job of specialist Master's degrees, but I suppose many colleges baptise them MBA's rather than MS, or MFin etc., they seem to think -wrongly in my humble opinion - that it sounds better to attach the MBA label.
folks with an engineering and an MBA degree: 🗿
Not sure what that emoji is supposed to mean, lol. But engineering degree + MBA is a great combination!
some of the engineers can be good business administrator but no mba can be average eng and tech comp need more eng not mba
elon totaly got a point innovation before administraton
Completely agree, Bharth!
Manufacturing companies like Tesla need MBA'S but the program should be geared towards manufacturing since business is quite general and broad. So you need a specialized MBA
Agree with premise but disagree with Elon giving carte blanch advice not to get an MBA. That degree can have great value for the right person.
People mistake common sense with common knowledge. Reinvestment doesn't need rocket science logic to understand but human nature without being educated will tend to splurge all earnings.
Well said. The value chain and understanding the company’s actually business they compete in is what MBAs do really well. There is a gross over misrepresentation that MBAs are these corporate types who look at Finance, income statements, balance sheets and ratios. There is a lot of that sort of atrophy of management style today because most corporate executives of really large multinational corporations are these people who are in their 50s and late 60s who have a very outdated way of running companies. Modern MBAs are very good at dissecting what set of activities and strategic decision making logic firms make that give a unique and sustained competitive advantage. That is the sort of skill sets that really good MBAs are worth their weight in gold in when they can use that to their advantage or set a strategic decision analysis to compete effectively by first understanding what key activities their competitors do very well in order to then engineer an approach to their own businesses that will allow to either gain greater market share or charge a higher rate of return from their competitors, or both! I am a Elon fan as well. I will say this, if there are anyone who will dethrone any Elon type companies like Tesla or SpaceX when they space industry really takes off, it will be a bunch of MBAs who will take significant market share and profitability.
It's a bullshit degree if you say you need outside experience.
Tell that to an engineering student.
Some tech CEOs like Sundar Pichai are MBAs.
True! Though he happens to have an exceptionally strong background in engineering, with both and undergraduate and masters degree in engineering.
@@RichardWalls Absolutely. Caveat - his engineering domain was metallurgy instead of CS.
Satya Nadella I think has undergrad in mechanical, masters in CS, worked as SDE & simultaneously did part time MBA from Uni of Chicago.
he’s not “not wrong” he’s right. stop being so egotistical.
I don’t agree 100% with Elon’s comment… Interesting generalization. Thank you for sharing your take on what he said. You made great points. Excellent video! 👍
Thanks Jessica!
A good MBA should understand that product improvement is an essential part of their product staying relevant.... ie Atari.
Thanks for sharing 🤠
No problem! 👍
I think I could thank god finally for allowing me to do what I do I didn't have to trust anyone❤❤🎉🎉 elon I have an MBA and have no plans of working but living
intel and boeing just fired their ceo mba and they hired engineer as a replacement for ceo
so yes he is right
You make a conclusion based on one company's replacement. Interesting.
MBA’s are still good regardless of Elon’s idea…
Human Resources, Operations, etc
Elon Musk's goal may have been to obtain an MBA even if he's rich, but he didn't have the discipline to acquire it. I believe there's a little bit of envy toward MBAs.
😂😂😂 You are right 100 percent
You serious?
@@oliverelias1356 - I'm as serious as a heart attack. I've seen too many people who are entitled and insecure. When they are in high positions without higher education, they make others with higher education lives miserable.
@@unityaboriginelove6595 well, you have a point, but you're generalizing too. There are people who have MBA's who are good in a position and people who don't, and there are people who don't need MBA's and they're good in a position and people who Don't and they are worst.
What works for a person not necessarily works for other ones. There's nothing wrong about having a MBA and there's nothing wrong about not having it.
@@oliverelias1356 - I follow the rule, it's better to have and not need it than to need it but don't have it. It's similar to insurance, "just in case".
MBA sucks... If you read this and you want to be one.. dont do it.
I just graduated with my MBA. Employment paid.
😂😂😂😂 Elon wishing he's got an MBA. He sounds like a novice in this area.
Yeah man, you're right, Elon Musk doesn't know anything that's why MBA guys have more success than him