Sunday 18 November 2007

MBA scepticism in NY Times


In the USA MBA has always been a pass to middle management role in finance and consulting. Less so in Europe, where relevant experience was seen as key to promotion. Now it seems the situation in the US is changing too.

Two articles recently appearing in the New York Times have questioned the value of MBA. First one points out that a lesser number of those in finance, especially in quant-heavy finance, choose to go for an MBA.

The second one is about the generally diminished relevance of business education and the failure of business schools to produce the "right" kind of manager.

All that of course follows the real trashing of MBA in the Atlantic Monthly last year with references going as far back as Karl Marx! Click here is you are subscribed to Atlantic Monthly or here if you like me never subscribe to anything.

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