MBA Degree and Current Financial Crisis
The Financial crisis of 2007–2010 has raised new challenges and questions regarding the MBA degree. Graduates of MBA programs have a reported tendency to go into Finance shortly after receiving the degree. As the field of Finance is tightly linked to the global economic downturn, anecdotal evidence suggests new graduates are stepping onto alternate paths.
Deans at top business schools have acknowledged media and public perception of the MBA has shown some shifts as a result of the financial crisis. Articles about public perception related to the crisis range from schools' acknowledgment of issues related to the training students receive to criticisms of the MBA's role in society.
Read more about this topic: International Masters Of Business Administration
Famous quotes containing the words degree, current, financial and/or crisis:
“The eloquence of one stimulates all the rest, some up to the speaking-point, and all others to a degree that makes them good receivers and conductors, and they avenge themselves for their enforced silence by increased loquacity on their return.”
—Ralph Waldo Emerson (18031882)
“For the purpose of knowledge, one must know how to use that inner current that draws us to a thing, and then the one that, after a time, draws us away from it.”
—Friedrich Nietzsche (18441900)
“In full view of his television audience, he preached a new religionor a new form of Christianitybased on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)
“Without metaphor the handling of general concepts such as culture and civilization becomes impossible, and that of disease and disorder is the obvious one for the case in point. Is not crisis itself a concept we owe to Hippocrates? In the social and cultural domain no metaphor is more apt than the pathological one.”
—Johan Huizinga (18721945)