Panel Debate: Have MBAs contributed to the recession?
Former journalist and Harvard MBA Philip Delves Broughton recently wrote: “Business schools have shown a remarkable ability to miss economic catastrophes unfolding before their eyes.”
In his article ‘Harvard’s Masters of the Apocalypse’, Delves Broughton lays the blame for the current global recession squarely at the feet of MBA graduates, a group he described less than flatteringly as a, “swollen class of jargon-spewing, value-destroying financiers and consultants [that] have done more than any other group of people to create the economic misery we find ourselves in.”
As providers of a highly-rated MBA, ESCP Europe invited Delves Broughton to take part in a debate on the subject, sharing the panel with Jeanette Purcell, Chief Executive of the Association of MBAs, and Davide Sola, Director of ESCP Europe’s London campus. The debate was moderated by Lindsay Williams, a media trainer and former television and radio business correspondent.
Videos from the event:
Overview of the evening
Opening Statement: Philip Delves Broughton
Opening Statement: Jeanette Purcell
Opening Statement: Davide Sola
Audience members share their opinions on arguments presented by the panel.
