CNN:
Business education, especially an MBA, is designed to prepare students for life in the corporate world, notably finance and consulting, correct? Well, not always.
While many people leave schools intent on climbing the corporate ladder all the way to the boardroom, increasing numbers of other students sign up with another ambition in mind - setting up their own business.
This has led to a boom in schools offering courses in entrepreneurship, everything from specialist MBAs to undergraduate programs.
The first question is, of course, can entrepreneurship be taught? Bill Gates never spent a couple of years sitting in a lecture hall before starting up Microsoft, a skeptic might note.
The answer has 2 parts: Of course, the initial inspiration and drive which leads someone to come up with a business idea and work flat out to make it a reality is innate and cannot be learned.
However, there are myriad other challenges to setting up your own business, everything from startup finance to patents. And once it’s up and running, many traditional skills - accounting, marketing, the lot - come into play.
With this in mind, a new league table of business schools specializing in entrepreneurship aims to point the ambitious and driven towards the best program. Read more.
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