Thread by @SAH16928046

Most of the #MBA Finance students who attended my masterclass in Investments and Portfolio Management did not know how to use the #VLOOKUP or #VLOOKDOWN XLS Functions
Most of them completed graded courses in CS.
And then students complain about the standard of business education?

Not only that!
Most of the MBAs specializing in Finance that apply for Industrial Placement Programs or internships, struggle to read and understand financial statements.
Does that surprise you?
Not me!
Because Finance Majors are not necessarily good at using #Accounting or #IFRS

I am dead against an MBA Finance Degree.
its neither fish nor fowl
You cannot become a Financial Planner only by reading business case studies or solving a few exercises or writing project reports using standard formats
Better opt for an MS or MSc in Finance with a focus on Maths

The same holds true for those who do Business Economics/Managerial Economics.
Rubbish qualification & a complete waste of time!!
These types of students cannot compete with regular economics graduates.
They have weak quantitative skillsets and limited understanding of both theory

and analytics.

Both LSE and Oxford are offering dual specialization in the shape of a master degree program which is referred to as MSc in Management and Economics.
This degree will help you get a job, but, after that, you will have to invest more in education to stay competitive at work!

A management student with some background in economics cannot understand the lingua franca of the workplace or the boardroom, which happens to accounting.
That is what drives the old school business firm.
I have seen Econ grads with their jaws dropped during BOD meetings

I asked many Internees with Economics Degree to do auditing of financial statements and check if any materiality misstatement risks existed within the documents under preparation.
The poor chaps didn't even know where to start!
Some could distinguish between TB and GLA.

For a standard and steady job life, you must have a standardized profession and accreditation next to your name.
You will not fail as a business student if you do these three specializations->
1. Accounting
2. MIS
3. Marketing
These are the pillars upon which each firm stands!

Those who choose to do a very specialized degree will always suffer
1. Limited demand and supply, such as seen in the case of Actuarial Science or Insurance studies
2. Risk of overspecialization increases dependency upon others
3. Endlessly justifying your work/ role