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May 30, 2006

Yale MBAs: No Finance for Us

Yale is revamping its MBA curriculum. Here are some of the changes (according to the FT):

Out will go marketing and finance and in will come areas of study based around the "customer", "innovator" and "state and society". The school says this cross-functional curriculum reflects the way managers have to operate in the real world.

Okay, so finance isn't really gone. More likely it's buried in one of the three topic buckets above, so you can still get your fill of Black-Scholes, et al. But don't you love how MBA programs get to pass off being mildly customer-centric as a radical change? Gosh, running a business education program that actually considers how people use the stuff being taught. Who would have thought?

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