Word: b-school
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...fundamental way the Harvard B-School is growing more remote from corporate America," Kiechel wrote. "Increasingly its MBAs don't want to work there. Not in line jobs for big companies, at any rate." He said the school's professors are often investment consultants themselves, and that they use case studies geared to investment banking and consulting rather than management...
...B-School spokesman William Hokinson said the article was misleading, and that the B-School does not slant its students towards these fields...
...problem is not limited to business schools. Science whiz kids; computer hotshots; music, art and writing students -- all have worked with professors to create marketable projects. In B-school classrooms, however, the issues of money and purpose may be irresolvably muddied by the institution's bedrock function of providing an education pointed toward profit. Dean John Rosenblum of the University of Virginia's business school notes that, like others, his school routinely participates in corporate-sponsored contests with financial rewards for smart students. Thus he sees nothing inherently wrong in a classroom offer...
Amid Columbia's turmoil, Harvard had its own scholars-and-dollars flap last week. In a new book, The Empire Builders: Power, Money & Ethics Inside the Harvard Business School (Morrow; $19.95), Author J. Paul Mark, an ex-Harvard researcher, accuses many B-school profs of stealing ideas from students and using them to get consulting fees and corporate directorships. Dean John McArthur censures the book for "hundreds of factual errors and fabricated events." Typical of the screaming wounded: Professor Michael Porter, who claims Mark never talked with him before writing a tale of alleged pirating of student concepts...
ASHER EDELMAN generates equal amounts of enmity and sympathy for offering $100,000 to that student in his class who could find a likely corporate takeover target for the master of that financial maneuver. Most business school administrators, including Thomas R. Piper, a Harvard B-School administrator, roundly criticized Edelman's offer, charging that it violated the sancitity of the classroom...