happycanada

hi, guys,

I found the following article in business week:

An advanced business degree is no guarantee of a successful career of a higher salary, a Stanford University business professor concludes in an analysis of 40 years of research on the economic value of the MBA.  

Little of what is taught to these students prepares them for the corporate workplace, said Jeffrey Pfeffer, an expert in organizational behavior who has taught at elite U.S. business schools for 30 years.  Rather, students are paying for coveted names to add to their resumes and the opportunity to network with like-minded colleagues.   

Employers who hire brand-name MBA graduates do so on the basis of the quality of the student body at the school, not whether students have acquired specific skills or knowledge, says Pfeffer, who found a student’s employment prospects were unrelated to grades earned.