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Why Harvard Business School is under fireND
The Economist explains, 18th of May 2017
Duff McDonalds recent book ‘The Golden Passport’ argues that Harvard Business School has lost its place as the premier business school in America, and simultaneously become a toxic environment filled with conflicts of interest. While the influence of the school is undeniable with its MBA graduates filling Wall Street and having a founding place in 10 per cent of all Silicon Valley unicorns (private start-ups worth over $1bn). However, the prices of the MBA course has consistently grown (by around 30 per cent in five years) while companies have been given the ability to promote positive case studies in the MBA course, and veto negative ones.
Harvard Business School has two options, firstly focus upon its position as an academic institution or treat itself as a business and pursue its own self-interest.
For more information see: www.economist.com