Sunday, March 8, 2009

MBA - A tip of the iceberg

The MBA just gets you to know the tip of the iceberg of information, knowledge, understanding and wisdom. Consider the below 2 examples in finance: 1. We all have heard about debt covenants, but don't exactly know how they are structured... how long these detailed indentures are and how important these are in the court of law if there is a case of doing something against the conditions mentioned in the covenant. 2. I am pretty sure many of the MBA graduates dont even know what a treasury department in a company does. We have a long way to go, Baby.... before we really learn something well....

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