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What the Best MBAs Know: How to Apply the Greatest Ideas Taught in the Best Business Schools 1st Edition

4.1 out of 5 stars 18 customer reviews
ISBN-13: 978-0071422758
ISBN-10: 0071422757
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Editorial Reviews

From the Back Cover

Get the knowledge and skills taught in today's top MBA programs--without ever setting foot inside a classroom

What the Best MBAs Know presents the key concepts, tools, and wisdom being taught in leading MBA programs from Northwestern's Kellogg School and the Wharton School to Stanford and USC. Featuring contributions from the most accomplished business school professors, each chapter takes you inside their classrooms for a detailed look at topics from marketing, finance, and managerial economics to leadership, corporate strategy, and more. Theoretically solid and applications-based, What the Best MBAs Know is both a valuable resource and a ready reference to the core knowledge obtained with an MBA.

Includes contributions by:

  • Charles P. Bonini, Graduate School of Business, Stanford University
  • Leslie K. Breitner, Daniel J. Evans School of Public Affairs, University of Washington
  • Jeffrey F. Jaffe, The Wharton School of Business, University of Pennsylvania
  • Richard J. Lutz, Warrington College of Business Administration, University of Florida
  • Steven L. McShane, Graduate School of Management, University of Western Australia
  • Steven Nahmias, Leavey School of Business, Santa Clara University
  • Peter Navarro, Graduate School of Management, University of California, Irvine
  • Stephen A. Ross, Sloan School of Management, Massachusetts Institute of Technology
  • Daniel F. Spulber, Kellogg School of Management, Northwestern University
  • Mary Ann Von Glinow, Florida International University
  • Barton Weitz, Warrington College of Business Administration, University of Florida
  • Randolph W. Westerfield, Marshall School of Business, University of Southern California

What the Best MBAs Know covers the breakthrough strategies, techniques, and ideas that are being taught in the classrooms of today's top MBA programs. University of California business professor Peter Navarro joins more than a dozen of his colleagues--including Stephen A. Ross of MIT's Sloan School, Daniel Spulber of Northwestern's Kellogg School, and Charles P. Bonini of Stanford University's Graduate School of Business--to provide you with the key concepts, tools, and knowledge that, until now, could only be obtained through an MBA degree. This comprehensive book--as engaging as it is informative--covers virtually every subject taught in an intensive MBA program, including:

  • The Big Picture: An Overview of the MBA Curriculum
  • Management Strategy: Five Steps to Successful Strategic Analysis
  • Macroeconomics & the Well-Timed Business Strategy
  • Strategic Marketing: Delivering Customer Value
  • Operations and Supply Chain Management: Getting the Stuff Out the Door
  • Financial Accounting: "Doing the Numbers" for Investors, Regulators and Other External Users
  • Managerial Accounting: "Doing the Numbers" for Decision Making and Control
  • Corporate Finance: Big Questions and Key Concepts
  • Organizational Behavior: The Power of People and Leadership
  • Statistics, Decision Analysis, and Modeling: How the Numbers Help Us Manage
  • Managerial Economics: Microeconomics for Managers

In each chapter, What the Best MBAs Know first identifies the key concepts of a subject like strategy or finance. One of the world's top business professors then illustrates how these concepts are applied on a daily basis in the rough-and-ready world of international business. The insights of these top professors throw open the doors of the best business schools as they highlight the latest strategies and tactics driving today's intensely competitive landscape.

Whether you are currently pursuing an MBA, already have an MBA but need to refresh and update your information, or simply want to arm yourself with MBA-level knowledge without the time and financial commitments involved in obtaining the degree, this all-in-one resource will help to place you on the same strategic playing field as your competitors.

About the Author

Peter Navarro is a business professor at the Graduate School of Management, UC-Irvine. He is the author of the bestselling investor’s guide, If It’s Raining in Brazil, Buy Starbucks, marketed worldwide in several languages. His articles have appeared in publications ranging from BusinessWeek, Forbes, the Harvard Business Review, and the Sloan Management Review, to the Wall Street Journal, the New York Times, and the Washington Post. His media appearances include Bloomberg TV, CNN, CNBC, Marketplace, NPR, and all of the major news networks. His multimedia CD-ROM package The Power of Economics is distributed widely on college campuses. For more information, visit the author's website at www.peternavarro.com.

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Product Details

  • Hardcover: 352 pages
  • Publisher: McGraw-Hill Education; 1 edition (March 17, 2005)
  • Language: English
  • ISBN-10: 0071422757
  • ISBN-13: 978-0071422758
  • Product Dimensions: 7.8 x 1.1 x 9.5 inches
  • Shipping Weight: 1.8 pounds (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #441,512 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Hardcover
I highly recommend this book for anyone wanting a business school refresher b/c it thoroughly covers the all the topics. You'll find yourself saying "oh, yes, I remember that!"

The approach throughout the book is to highlight "the big questions" around each topic, then discuss them in detail. I've found this a great way to hit the just high points when I want to refresh myself and to have a more in-depth read when I want more.

It has become a great desk reference for me. A co-worker just finishing an MBA has also read it and found it a great complement to his MBA program.

While all the chapters are well-written and full of information, the chapter on macroeconomics was outstanding. I was surprised to learn in the book how few of the top business schools teach macroeconomics. Fortunately, the book covers it well.

Great book.
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Format: Hardcover Verified Purchase
A traditional MBA has many electives, but most have the same core classes such as Macro and Micro economics, finance, accounting, Organizational Behavior, Strategy, and Marketing. I purchased this book to continue learning and as a companion to my MBA program.

The chapters I enjoyed the most were Financial Accounting and Managerial Accounting. I find these skills are in high demand and understanding and being able to carry on a conversation about the topics are critical, especially in any kind of leadership or management position. As you engage with upper management who run these programs you can make more contributions when you understand the basics of these theories, ratios, metrics, and management techniques.

The author put together great Snapshot Applications which help the reader gain more insight on the topic and seeing it in a real word scenario; also I found a lot of great graphs and charts to help explain certain techniques and some concepts.

The book is organized into five parts where Part 1 is the The Big MBA Picture, Part 2 is the Strategic and Tactical MBA, Part 3 is The Functional MBA, Part 4 is the Organizational and Leadship MBA, and Part 5 is the MBA Toolbox. Contributors for the book come from top universities, but a diverse set of universities and colleges (not just Ivy League). Highly recommended for people looking at an MBA program, those going into one, those who have finished, and for anyone that wants a good toolset around understanding what it takes to run a business.

I recommend this book along with The Project Savvy Project Manager by Gary Heerkens and Managing by the Numbers by Kremer, Rizzuto, and Case.
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Format: Hardcover Verified Purchase
This book really covers a lot of material. Not like other business books, or the MBA type books. It is so much like a textbook you might think it is one. The information however really is helpful and good for anyone in business.
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Format: Hardcover
This book was a great look at some of the best business schools and the classes they focus on. I thought the premise of dealing with the most taught subjects and then focusing on high level, general topics was a great idea for the book. Well written and there were many great ideas from the multiple contributors you simply learn from the best of the best. I am seriously thinking about going back to school to get my MBA and this book has inspired me to learn more about some of these subjects that aren't my strengths. In summary, this book is a great reference guide to some high level, graduate school concepts and it's well worth your time to read.
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Format: Hardcover Verified Purchase
Good intro to b-school for the non-MBA person or for someone who is looking to enter b-school soon. Also, can be used as a little refresher for long-time graduates, but don't expect to be able to run a business simply by reading this book.
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Format: Hardcover Verified Purchase
I highly recommend this book. It contains the latest literature on what is taught in business schools. You should have this book in your library, and if you are at the work place, put it on your desk - you will not be disappointed.
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Format: Hardcover
Over the summer, I worked though What the Best MBAs Know by Peter Navarro in preparation for entering the MBA program at the University of Iowa. I took notes on each chapter and tried to soak in the wealth of information in this book. Peter Navarro and the other authors who contributed to this book know what they are talking about and have presented it in an easy-to-read, well-organized book. I would recommend this to leaders in the business or non-profit sector, those considering an MBA degree, those entering an MBA program and perhaps even as a refresher for those who have earned an MBA.

This book does not get into detailed financial calculations but rather provides a framework for the most important MBA courses and topics.
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Format: Hardcover Verified Purchase
I have always had interest in Business, though a software developer and database administrator. I'm currently running and MBA program with a University and was looking for a book that would enrich my knowledge. This book gives different dimensions and insights to the regular MBA Curriculum with life case studies and practical tools for each topic covered.

I have read a few other books on MBA and so far this is the best I have come across, though I wish there were chapters on Entrepreneurship and Business Negotiation.
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