Ved Shankar’s Post

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HEC Paris | Bayer Strategy & Business Consulting

𝐖𝐡𝐲 𝐝𝐢𝐝 𝐲𝐨𝐮 𝐠𝐞𝐭 𝐚 𝐝𝐞𝐠𝐫𝐞𝐞? That's a strange question. Most of us have a university degree. (even multiple.) Reasons can range across: "For an education" "Can't get a job without a degree" "I needed to leave home" In fact, a modern university has 12 functions, to a16z's founding partners. (at least, in the US) And one key function is: 𝐜𝐫𝐞𝐝𝐞𝐧𝐭𝐢𝐚𝐥𝐢𝐧𝐠 𝐚𝐠𝐞𝐧𝐜𝐲 That isn't a surprise as: 1. 𝐓𝐨𝐩-𝐭𝐢𝐞𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 value credentials for placements. 2. 𝐈𝐭 𝐪𝐮𝐚𝐥𝐢𝐟𝐢𝐞𝐬 𝐚 𝐡𝐢𝐠𝐡-𝐪𝐮𝐚𝐥𝐢𝐭𝐲 batch through admission jumping jacks. 3. 𝐈𝐭 𝐜𝐫𝐞𝐚𝐭𝐞𝐬 𝐚 𝐩𝐞𝐝𝐞𝐬𝐭𝐚𝐥 𝐞𝐟𝐟𝐞𝐜𝐭 for other universities to model around. And, honestly, it's a source of pride. But, it can create two problems: (at least) 1. 𝐓𝐡𝐞 𝐒𝐡𝐞𝐞𝐩𝐬𝐤𝐢𝐧 𝐞𝐟𝐟𝐞𝐜𝐭 Where education's value is diluted for credentials. In an ideal world, learning would be the default value from a university. '𝘝𝘢𝘭𝘶𝘦 𝘤𝘰𝘮𝘦𝘴 𝘧𝘳𝘰𝘮 𝘺𝘰𝘶 𝘨𝘦𝘵𝘵𝘪𝘯𝘨 𝘢𝘥𝘮𝘪𝘵𝘵𝘦𝘥 𝘢𝘯𝘥 𝘨𝘳𝘢𝘥𝘶𝘢𝘵𝘦𝘥: (𝘵𝘩𝘦) 𝘪𝘯 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘥𝘰𝘦𝘴𝘯'𝘵 𝘮𝘢𝘵𝘵𝘦𝘳' 2. 𝐎𝐯𝐞𝐫𝐢𝐧𝐝𝐞𝐱 𝐟𝐨𝐫 𝐜𝐫𝐞𝐝𝐞𝐧𝐭𝐢𝐚𝐥𝐬 Credentialing has clear value for companies. But this creates an opportunity to take advantage of students and parents with high debt. -- 𝐖𝐡𝐲 𝐝𝐢𝐝 𝐲𝐨𝐮 𝐠𝐞𝐭 𝐚 𝐝𝐞𝐠𝐫𝐞𝐞?  Did you get an 'education' from your university? Where do you think your education system might be broken? (inverted, what do you love about the system?)

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Ved Shankar

HEC Paris | Bayer Strategy & Business Consulting

8mo
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