and does not teach experience. While one can be book smart and know the theories, one cannot gain the experience without learning on their own what works and what does not work. Many MBAs I have seen even do not follow the theories that they learned. Almost as if they forgot everything they learned. Theories that I am just now learning have been in business for over 100 years, yet I have only seen a few managers in my entire career actually use them.

One substitute instructor told me that managers may not have the time and/or money to implement theories and thus do things the idiotic way and that I'd do the same under the same circumstances. This to me is BS, theories like postive reinforcement can be done with $0USD by just complementing the worker on a job well done when they do good. It helps them have a bit of job satsifaction when a manager says they are doing good. Plus it only takes about 15 seconds to do. Most managers I had never did that with me, and if they did I would have felt better about my job.

Edit: I know college teaches a lot more than theories, but consider that I am talking about theories not being followed here.