Bloomberg BusinessWeek, Mar 21, 2016 (I)

choi

(1) Natalie Kitrieff and Patrick Clark, Who Needs One?  (the first in the series called Focus on MBA, made up of three articles)
http://www.bloomberg.com/news/ar ... ley-mba-destination

Quote:

"Business schools sent 16 percent of their 2015 graduates into technology jobs, according to a Bloomberg Businessweek survey of students who’d accepted offers by that spring, making it the No. 3 industry for MBA grads after finance and consulting.

"By one measure, Silicon Valley values MBAs more than Wall Street does. In 2015 tech companies paid business school graduates more than financial companies did, according to Businessweek’s poll of more than 9,000 MBAs.

"Amazon.com, Microsoft, Google, and IBM were among the 15 companies that hired the most MBAs in 2015, according to data reported by 103 business schools to Businessweek, proof that while the founders and chiefs of some of the top U.S. tech companies may see themselves as renegades, they’re not above hiring trained managers to carry out their vision.


Note:
(a) "In the eyes of Keith Rabois, an investment partner at the VC firm Khosla Ventures, the presence of MBAs at a tech company is a sign the business is mature, maybe even over the hill. 'They tend to get hired after the company is already successful and it becomes a very bureaucratic organization,' says Rabois, an early employee at PayPal who later founded the real estate startup Opendoor. 'They will probably keep you out of trouble, but they won’t create any value.' "

over the hill (phrase): "no longer able to do something at an acceptable level because of age past your/its prime"
Cambridge Dictionary of American Idioms. Cambridge University Press, 2003
http://idioms.thefreedictionary.com/over+the+hill
(b) " 'I don’t buy into the argument that entrepreneurs don't need an MBA,” says Sri Zaheer, dean of the University of Minnesota's Carlson School of Management. 'If they [entrepreneurs] were a little more clued up about how to make money in their businesses, we wouldn't see these tech bubbles and the craziness that happens every few years.' "

clued up (adj): "British informal  having a lot of information about something :  having a lot of information about the latest developments <She's totally clued up.> —often + on or about <He's totally clued up on/about the latest computer developments.>
http://www.merriam-webster.com/dictionary/clued%20up