Business School Professor Argues for Redesigning MBA Education Around Societal Impact

A business school professor discusses his New York Times essay arguing that business schools should be shut down and redesigned to focus on societal impact. The conversation examines how business school curricula, recruiting systems, and student goals relate to career paths in consulting, finance, and technology.

■ Business school critique and outcomes
- Concerns about curricula centered on shareholder primacy
- Research on business school graduates and labor, wages, and shareholder value
- Discussion of why founders often do not attend business school

■ Student incentives and capitalism
- Debate over whether business schools or the capitalist system shape student choices
- Costs, debt, and post-graduation employment pressures
- Perceptions of purpose in consulting, finance, and technology roles

■ Reform and examples
- Proposal to design curricula around societal challenges such as climate, inequality, and sustainability
- Discussion of incentive, reporting, accounting, and strategy systems
- Example of a Brazilian cosmetics company sourcing ingredients from Amazon communities

■ MBA demand
- Mention of declining interest and some state schools canceling MBA programs

This discussion is suitable for viewers interested in business education, MBA reform, corporate purpose, and the relationship between business schools and societal challenges. It provides an overview of the debate and examples of how business education might be reoriented.