Tuesday
Why an MBA May Not Be Worth It
There are now so many schools churning out graduates, but demand for MBAs has stayed constant or fallen. Naturally, then, the laws of supply and demand come into play. Even more significant, it seems that most of what people learn in B-schools can now be learned just as well, if not better, in other settings. Consider: The supercompetitive job market of the late '90s led top consulting firms like McKinsey and Booz Allen to hire people who lacked MBAs. Those folks (most of whom had only undergraduate liberal arts degrees) got, on average, three weeks of on-the-job training—after which, according to extensive research by the firms themselves, they did their jobs just as well as or even better than their MBA peers.
Read the full article here..
Read the full article here..
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