Overview
- Kamath made the comment during Zerodha’s YouTube Ask Me Anything for the firm’s 15th anniversary, also saying colleges are "dead" and predicting fewer traditional jobs as his personal view.
- Critics on X, LinkedIn, and Reddit called the statement dismissive and out of touch, arguing MBAs serve as a key ladder for middle‑class candidates and those from tier‑3 cities.
- Supporters contended MBAs deliver diminishing returns as employers prioritize practical experience and AI‑driven skills over formal credentials.
- Several users questioned his standing to judge education, noting he is a stock‑broking founder rather than an education expert.
- The uproar resurfaced past controversies involving a home‑buying reversal after advocating renting and a 24‑hour Chess.com ban, and no apology or retraction had been reported as of the latest coverage.