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Sunday, July 6, 2014

Re: [MTC Global] [Weekend Big Debate- II] PGP Vs MBA

Dear Sir, The MBA program is conducted by affiliated colleges of a
university on the other hand the PGP program is an autonomous program
of the B-school. Ideally, the PG program is expected to be industry
centric and market driven while the MBA is an academic program.
For jobs in the Industry however, both programs are touted as
equivalent to each other. In fact, it not uncommon for even the B
school to believe in the equivalence and so the PG curriculum follows
the MBA curriculum. This is an aberration.
In some well known Institutions the PG program is a trimester program
while the MBA remains a semester program. However, in other
Institutions, the PG program follows the semester pattern and suffers
the same fate as the MBA program without the benefit of a degree for
the student. Such PG programs are in fact, devalued although the
autonomous program may attract higher fees.
Best Regards,
K.Paranjpe

On Sun, 06 Jul 2014 18:56:35 +0530 Patrick de Souza
wrote
>At the outset of this debate, thought that  Ben Horowitz  blog
article sheds light for start up valuation opinion of techies versus
MBAs ...and how top US Business  Schools responded and changed
curriculum /content to improve and change perception in the START UP
industry circles of influence in North America / Europe.

1- Quote" Conventional wisdom among smart technology entrepreneurs
says not to hire people with Masters in Business Administration
(MBAs) into startups. Aaron Patzer, founder of Mint, expressed the
sentiment well when he said: "When valuing a startup, add $500k for
every engineer, and subtract $250k for every MBA." My friend Peter
Thiel once warned a young entrepreneur: "Never ever hire an MBA; they
will ruin your company." I chimed in myself withthis Quora answer. At
Andreessen Horowitz, we believe that once everyone thinks that
something is true, that might be a good time to do the opposite. So,
with everyone convinced that MBAs are useless, I wonder: Is now the
time to hire MBAs?." Unquote


see link http://www.bhorowitz.com/is_now_the_time_to_hire_mbas
2- Please don't misunderstand: MBA faculty, students all are valuable
and the purpose of this sharing relevant to START UPs segment is to
share some international lessons learnt, start up industry
perceptions and enhance the quality of the debate.

Best ,Patrick de 
On Sunday, July 6, 2014, Prof. Bholanath Dutta
wrote:

Dear Esteemed MTCians,Happy Sunday Afternoon. 
PGP courses can innovate as per industry requirement, MBA has an old
pattern with the affiliating university deciding its learning content
—that needs to change. Syllabus also changed in a very dull manner by
hand-full people with vested interest and mostly a cut-paste from
different syllabus. Professors from University also visits foreign
university to study the syllabus [site seeing trip]  but back home
the same story J
 Educate, Empower, ElevateProf. Bholanath Dutta
Founder, Convener & President 



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