While MBAs might learn stuff like budgeting, recruiting, etc. Are they going to better at doing this than an accountant or a professional recruiter? Is this the additional value they add when the join a company?
I completed an MBT (Masters of Business and Technology) at UNSW, Australia.
The course programme was certainly slanted towards technical managers, perhaps aspiring CTOs (which I'm not). There were fairly basic courses, for someone with a technical product management background, but there was also some very useful business focused topics. The one module I really learned the most from was Fundamentals of Corporate Finance.
I do not aspire to know more than a professional accountant, but I can now understand what the professional accountant is telling me. I don't just know what the numbers in the budget mean, but also a pretty good idea of how they were derived. For example, I understand, in context, asset depreciation and what it means for my business.
I probably could have picked up these skills elsewhere too, but that module alone made the entire MBT degree programme worthwhile.