Comment by nprateem
Part time remote it's more like £10-15k.
The point is so you don't waste your time because you've got no idea about strategy and end up building things with no real potential.
It's easy to waste multiple years on side projects that are fundamentally flawed from the start.
Of course an MBA is no guarantee of success, but why do we bother with any education? Hopefully to learn skills and make better decisions.
It's funny how few people here would say a CS degree is a waste of time, but apparently studying business is.
It seems to be some special kind of hubris many programmers have. They're the "clever ones" because they do the building, and sales, marketing, strategy, etc is all so easy or irrelevant it's not worth studying.
Still, ignorance is bliss. You don't know what you don't know.
The question is not whether education is important. It's not even about whether an MBA is important or useful. It is: Is an MBA the best education for a company with 1-3 people for an extended period of time? Many of the organizational design tools, finance, accounting, etc., you learn there are, again, irrelevant for a period of time until the company reaches some sort of scale, which most don't.