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:
“I never saw, heard, nor read, that the clergy were beloved in any nation where Christianity was the religion of the country. Nothing can render them popular, but some degree of persecution.”
—Jonathan Swift (1667–1745)
“Talent develops in quiet places, character in the full current of human life.”
—Johann Wolfgang Von Goethe (1749–1832)
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based 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)
“One theme links together these new proposals for family policy—the idea that the family is exceedingly durable. Changes in structure and function and individual roles are not to be confused with the collapse of the family. Families remain more important in the lives of children than other institutions. Family ties are stronger and more vital than many of us imagine in the perennial atmosphere of crisis surrounding the subject.”
—Joseph Featherstone (20th century)