About
150,000 MBAs graduate each year. Our graduate schools have
accommodated demand by producing more 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. (See the Earl J Weinreb NewsHole® comments.)
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