Shilpa Unalkat, Conscious Business Consultant

Basaac Tackling Poverty, Social Exclusion & Inequality

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Are MBA's indoctrinating fertile minds that greed is good?

Peter Walker writing on-line at www.guardian.co.uk discusses whether the old style leadership teachings at business schools may have contributed to the financial fiasco today. Do Professors need to do some serious reflecting about what they are indoctrinating students with?

" Too many MBA programmes, the simplified version goes, draw in young, greedy types with little business experience and indoctrinate them with half-baked management and finance theories, along with an unshakeable belief in their own talents, before sending them out to earn ill-deserved fortunes in investment banking and consulting."

Clearly a controversial argument but many are questioning the nature of the courses on offer. Professors are pondering whether the theories they taught played a role in the troubles we find ourselves in today.