I’m actually being sincere with this question, what do you learn? I imagine it’s not the same thing as getting an economics degree so, like, what classes are you taking? The actuaries and accounting people study mathematics so I just can’t connect the dots here, what are they doing?

  • miz [any, any]@hexbear.net
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    17 days ago

    Richard Wolff made a great point when he said that capitalism has two college departments dedicated to teaching about it: One is called economics, whose purpose is to train people on how to cheerlead the system using purely hypothetical concepts. The other is called business school, and it exists because economics departments don’t actually teach somebody how to administrate capitalist enterprise, so they have to educate different people on how to actually make the system function.

  • peeonyou [he/him]@hexbear.net
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    17 days ago

    You take classes on management where you learn about the different organizational management strategies, you take basic economics classes, you take corporate law 101 where you learn about contracts and whatever, you take finance 101 where you learn about compound interest, you take the most basic computer programming class where you pretend you understand anything about how programming works, you take marketing 101 where you learn how the US works, you take logistics 101 where you learn how to calculate a full truck load vs a less than full truck load of shit being shipped around at various costs, you take accounting where you learn basic asset vs liabilities stuff, you take trig -> calculus so you can understand anything at all about how chart go up sometimes… there’s a few more but i forgot them already

    I went to business school because i took 1 semester of comp sci and nope’d right out of it and over into management information systems.

      • FloridaBoi [he/him]@hexbear.net
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        17 days ago

        They do not and I know this from experience. Everyone always says “oh you’re in accounting so you must be good at math” and it’s so wrong. All of the math is basic operations with little complex amortization. It is just the application of rules to know when and to what extent something gets added or subtracted. The rest of it is understanding both sides of double entry accounting and that a balance sheet needs to balance.

        For business school generally they teach you that you are a master of the universe with special gifts and power to change things and do stuff. They really inflate egos with the finance, economics and management courses. Like everything important is already quantified and categorized and segmented.

        The reality is that it is a place to become acculturated into a jargony world of abstractions and to network with people whose disdain for ethics (usually a required course) is always in plain view.

        Accounting did help me understand Marx though so I’ll give it that and it was that “concreteness” that led me to pursue instead of Econ or finance

  • Formerlyfarman [none/use name]@hexbear.net
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    17 days ago

    Accounting people study arcane rules on how to fill forms the correct way. the biggest mistake in my life was getting an accounting technician certification. Absolutely disgusting.

    • chgxvjh [comrade/them, he/him]@hexbear.net
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      17 days ago

      Some of the course material is legit from multi level marketing people and cults. Looked up one of the authors and they has a YouTube channel we’re they would start videos telling people that it’s not a cult.

  • tombruzzo [none/use name]@hexbear.net
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    17 days ago

    I got a business degree because I didn’t know what else to do, and I kind of don’t know what I did.

    For some group assignments I’d rock up late, collect two international students that didn’t have a group yet, then just do the whole thing myself.

    For other assignments I just wrote everything off the top of my head and used my saved references in Word to substantiate any claims I made.

    I probably learned more from the job I got in the last year of uni and two business books I read at that time. Not textbooks, airport style business books.

  • Robert_Kennedy_Jr [xe/xem, xey/xem]@hexbear.net
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    17 days ago

    Was talking to a guy that got a business degree 30 years ago that on the subject of Chihese electric cars said they were able to sell them so cheap / gain market share was because of government subsidies

    “Didn’t U.S. automakers get billions of dollars in bailouts that they used to do stock buybacks instead of updating their businesses??”

    “Well yeah but the Chinese will charge less until they run people out of business and then raise prices”

    “Isn’t that basically every large company?? FAANG companies, Uber, etc etc etc”

    “Well yeah…”

    • oliveoil [none/use name]@hexbear.net
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      17 days ago

      Yeah the actual degree aside, the valuable part of the education is networking.

      If you did business school, but weren’t social - you completely wasted your time and money.

  • lurker_supreme [he/him]@hexbear.net
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    15 days ago

    I took business statistics because I needed to graduate and I was tired of real math classes. I never went to a single lecture and the prof let us use the textbook for every exam. I’m assuming the grand majority of business classes are like this.

  • D61 [any]@hexbear.net
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    15 days ago

    I took a bunch of “Intro to …” classes. Learned a bunch of vocabulary words.

    I remember “Intro to Business Law” was a bit interesting. Legal systems typically being centuries of band-aid/duct tape/bubble gum fixes for things causing a system to have all sorts of “rules” and interactions that take super nerds to parse through.

    Human Resources Management class definitely opens your eyes to the truth that “HR departments are not the friend of the workers” when it really comes down to it.

    I remember taking a class… it wasn’t accounting (because no dedicated Accounting classes were required) but had some chunk of the classwork be a project where you sorted invoices into accounts payable/receivable piles and figure out how much “you” owed somebody or were owed by somebody.