About 150,000 MBAs graduate each year. Our graduate schools have accommodated demand by producing such degrees.
It’s easy to come up with what academe suggests a business executive or financial expert ought to know. At the same time, the educator must be certain not to make the course too difficult or classes will not be filled. Schools are a growth industry, after all.
So we get a happy medium. Lots of students, and graduates. All with degrees, which in the real world of business and finance, have become relatively useless.
Except for their use in a resume. These days, we are reaching the stage where there are simply too many MBAs to attract the attention they formerly did.
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