NYU Stern | Mr. NYC Consultant
GRE 327, GPA 3.47
INSEAD | Mr. Dreaming Civil Servant
GMAT 700, GPA 3.2
Tuck | Mr. Tech PM
GMAT 710, GPA 3.3
Stanford GSB | Mr. Future MBA
GMAT 740, GPA 3.78
London Business School | Ms. Social Impact Consulting
GRE 330, GPA 3.28
Stanford GSB | Mr. Filling In The Gaps
GRE 330, GPA 3.21
Ross | Ms. Business Development
GMAT Targetting 740, GPA 4.0
UCLA Anderson | Ms. Triathlete
GMAT 720, GPA 2.8
Columbia | Mr. Oil & Gas
GMAT 710, GPA 3.37
Kellogg | Mr. Digital Finance Strategy
GRE 327, GPA 3.47
Harvard | Mr. Banking & Finance
GMAT 700, GPA 3.8
MIT Sloan | Ms. Canadian Civil Servant
GRE 332, GPA 3.89
Wharton | Ms. Energy To Healthcare
GMAT 740, GPA 8.4/10
Duke Fuqua | Mr. Air Force Vet
GRE 311, GPA 3.6
Yale | Mr. Yale Hopeful
GMAT 750, GPA 2.9
Stanford GSB | Mr. Nuclear Vet
GMAT 770, GPA 3.86
Darden | Mr. Stock Up
GMAT 700, GPA 3.3
MIT Sloan | Mr. MIT Hopeful
GRE 316, GPA 3.77
Wharton | Mr. Do Little
GRE 335, GPA 3.6 (High Distinction)
Harvard | Mr. Infantry Commander
GMAT 730, GPA 3.178
Harvard | Mr. Tech Start-Up
GMAT 720, GPA 3.52
Harvard | Mr. Low GRE
GRE 314, GPA 3.7
Harvard | Mr. MedTech Startup
GMAT 740, GPA 3.80
Stanford GSB | Mr. Tier 2 Consultant
GMAT 770, GPA 3.65
Stanford GSB | Mr. Latin American
GMAT 770, GPA 8 of 10
Columbia | Mr. Brandless
GMAT 730, GPA 3.7
Stanford GSB | Ms. Decision Scientist
GMAT 730, GPA 3.9

Occupy Wall Street Fuels New Round of MBA Bashing

The invasion of The Wharton School’s Huntsman Hall last week by Occupy Wall Street protestors has fueled a new round of MBA bashing. The protest on Oct. 21 led House Majority Leader Eric Cantor to cancel his Wharton Leadership Lecture hours before it was to occur on Friday.

But some 100 protesters managed to march into Huntsman Hall—the epicenter of Wharton’s B-school campus–through an Au Bon Pain outlet. Their temporary occupation of the school’s largest building led to back-and-forth taunting between Wharton students and the protestors.

WHARTON STUDENTS SHOUT ‘GET A JOB!’ TO PROTESTERS

On video (see below), Wharton students can be heard jeering the protesters, shouting “Get A Job! Get A Job!” A small group of Wharton students, standing on the balcony above the protesters, unfurled a makeshift sign with the words: “Get Into Our Bracket!” The protesters countered, with loud boos and chants of “We are the 99 Percent! So are you! Join us.”

In the aftermath of the event, the conflict between the MBAs and the protestors has been picked up by a website called “ThinkProgress: The 99% Movement” under the headline, “Students At Elite Wharton School Mock 99 Percent Movement: ‘Get A Job! Get A Job!’ The site has a video of the shouting match.

“While the students who jeered the protesters certainly do not necessarily represent all Wharton students, it’s important to understand the context of the elite status they likely either come from or graduate into,” the writer of the article noted. “Wharton graduates much of the nation’s corporate elite, with the median starting salary for an MBA graduate being $145,000 — six times the poverty level for a family of four.

“The school’s Board of Overseers is staffed with with multiple Goldman Sachs executives and high-ranking employees of a wide variety of financial firms. Meanwhile, its Graduate Executive Board is staffed with senior employees of Bank of America, Blackstone Financial Management, and PMC Bank. Wharton’s endowment is $888 million, greater than that of many large public universities. Essentially, the students jeering the protesters represented the future financial elite.”

‘PEOPLE WITH MBA’S HAVE NO SOUL OR HUMANITY,’ CONTENDS ONE READER.

The story has touched off a highly contentious flurry of MBA bashing comments. “It’s why I tend to believe that people with MBA’s have no soul or humanity,” wrote Todd McMillin, who apparently is a student at Southern Illinois University in Carbondale. “It’s like they breed it out of them or have some evil magical ritual to suck their humanity away. Even at our college, the MBA crowd became a bunch of sociopaths…”

Adds another commenter, identified as Chic Scott: “It costs almost $100,000 a year to attend this school and one has to figure that already, to receive the bachelor’s degree at a four year university, a student’s family has already spent two maybe three times that amount depending on what school they attended. Who can afford, except for the very top income earners or those gifted students able to secure a limited number of scholarships, a half million-dollar education? And those who graduate from schools like this have a foot in the door at every company in the world because of the reputation of the school. I think the picture captures the current state of American society…a couple of members of the “elite” standing (literally) over the suffering majority with big smiles and taunts of “get a job”, and no understanding of the lives and struggles of the people they are taunting…and the gap widens.”

‘MANY OF THE WHARTON STUDENTS ARE WORKING VERY HARD,’ COUNTERS A WHARTON STUDENT.

Audinga Besusparyte, who identified herself as a Wharton student, tried to defend her fellow students at the school. “Many of the Wharton students are working very hard—16 hours a day,” she wrote. “I believe whoever does so will be able to make a living, too.”

Her defense only incited many others to post retorts. “A lot of people are working 16 hours a day and only barely making a living, with no big prize at the end,” complained Joshua Lackey. “The students at the school are privileged. I doubt without significant support form their parents, that they’d be able to attend such a university. I wish what you “believed” was actually true, but it isn’t.”

Surprisingly, some of the attacks were from readers who claimed they are Wharton alums. “Wharton students prove once again that they have no souls. I went there for four years so I witnessed it first hand,” wrote Heather Meads.

 

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.