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Article: What's the ROI for an MBA? (Higher Education).(return on investment for master of business administration degree)(related article: Learn abroad while living in the U.S.)
- Article from:
- Utah Business
- Article date:
- December 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Olympus Publishing Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A recent study at the Stanford Graduate School of Business questions the value of an MBA and has raised debate and the ire of faculty on business school campuses throughout the United States.
The findings of professor Jeffrey Pfeffer and Ph.D. candidate Christina Fong challenge the traditional notion that the financial and time investment required of a Master of Business Administration degree is recovered through a resulting increase in starting salary upon graduation. After combing through 40 years' worth of data, they found no conclusive evidence that an MBA pays off.
Furthermore, an internal report drafted earlier this year by the Association to ...