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MBA: Path to Success
- Article from:
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India Abroad
- Article date:
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March 24, 2006
- Author:
- Jain, Ajit
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Jain, Ajit
India Abroad
03-24-2006
During the last few years there have been some negative reports in the
media about a Master's in Business Administration, saying 'MBA loses its
cachet in the business world,' that MBAs have 'lost their lustre.'
Reportedly, some companies have started hiring other professionals such as
lawyers and trained them to do the same job at a lesser price.
The root of the problem is allegedly that a growing number of business
schools have started springing up 'churning out the wrong kind of people'
with the result that the MBA 'once a ticket to stratospheric wealth and
success is falling back to earth.'
In the United States alone there are around 900 business schools, not ...
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