International Masters of Business Administration - MBA Degree and Current Financial Crisis

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:

    “When I tried to talk to my father about the kind of work I might do after college, he said, “You know, Charlotte, I’ve been giving a lot of thought to that, and it seems to me that the world really needs good, competent secretaries. Your English degree will help you.” He said this with perfect seriousness. I was an A student at Bryn Mawr ...”
    —Charlotte Palmer (b. c. 1925)

    “I perceived that to express those impressions, to write that essential book, which is the only true one, a great writer does not, in the current meaning of the word, invent it, but, since it exists already in each one of us, interprets it. The duty and the task of a writer are those of an interpreter.”
    —Marcel Proust (1871–1922)

    “... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.”
    —Mary E. Wilkins Freeman (1852–1930)

    “The change from storm and winter to serene and mild weather, from dark and sluggish hours to bright and elastic ones, is a memorable crisis which all things proclaim. It is seemingly instantaneous at last.”
    —Henry David Thoreau (1817–1862)