"MBA Graduates May Be Good at PowerPoint, But They Don't Know How Things Work," Elon Musk Says

According to Musk many times, MBA students "parachute" into running a business without knowing "how things work."
"MBA Graduates May Be Good at PowerPoint, But They Don't Know How Things Work," Elon Musk Says
Image credit: FREDERIC J. BROWN | Getty Images

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Entrepreneur Staff
1 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Elon Musk , CEO of Tesla and SpaceX , believes that people who graduate from a Master of Business Administration (MBA) do not have the experience it takes to run a successful company or create a good product.

During an interview on the YouTube channel Munro Live , Musk said that MBA graduates "may be good at PowerPoint presentations" but, "they don't know how things work."

The businessman remarked that he has nothing against academic programs since he himself has a degree in physics from the University of Pennsylvania and in economics from the famous Wharton School of Business.

However, he said that the MBA by itself does not automatically give the experience to be an effective leader because success is forged by doing "useful things."

According to Musk many times MBA students "parachute" into running a business without knowing "how things work."

More from Entrepreneur

Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Entrepreneur Insider members enjoy exclusive access to business resources for just $5/mo:
  • Premium articles, videos, and webinars
  • An ad-free experience
  • A weekly newsletter
  • Bonus: A FREE 1-year Entrepreneur magazine subscription delivered directly to you
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur