quote heard elsewhere.
not knowing anything, an employer is willing to pay a job applicant a maximum of X wage to hire them, for a job that involves math. but upon learning they have graduated from business school, the applicant's value decreases, and the employer becomes only willing to pay them some amount less than X, because they are probably bad at math, the skill this job requires. business school graduates might recognize this as a situation in which an MBA confers negative brand equity.
previously, the Nobel-prize-winning cynical description of business school.
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