05.05.2022: This Is Not Your Grandfather’s MBA

If you want to be a leader confident in your deepest values and your role in the universe, go to business school. At least, that’s what business schools say. In recent years, they have branded themselves as places where students learn to stay “true to your mission” and undertake a “truly life-changing experience” that values “health, happiness, and purpose” as well as “authenticity and renewed passion.”

Marketing teams across higher education are fond of quasi-spiritual tag lines, so it might be unfair to pick on business schools. But in the M.B.A. world, the latest, breathless versions of these slogans signal more than the generic American vocation to make money and live your best life now. What is remarkable is this: After decades of emphasis on financial markets and shareholder returns, business schools are trying to take on deeper philosophical problems — including, maybe, tentative questions about the means and ends of capitalism itself.

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Image credit: Maxwell Holyoke-Hirsch