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The Enduring Value of the MBA Degree

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The Future of Leadership Development

Part of the book series: IESE Business Collection ((IESEBC))

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Abstract

Business schools are at a crossroads, and business itself is suffering from an image problem. Or even a vision problem.

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Notes

  1. See, for example, T. T. Ram Mohan, “Crisis: Are B-schools to Blame?”, The Economic Times, 11 June 2009. Also, Philip Delves Broughton (2008) Ahead of the Curve: What They Teach You at HBS, New York: Viking, an unflattering account of his two years in that school’s MBA program.

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  2. See Henry Mintzberg (2004) Managers, Not MBAs: A Hard Look at the Soft Practice of Managing and Management Development, San Francisco: Berrett-Koehler, for his argument about why he agrees with Drucker, that “Management is a practice … not a science”.

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  3. Both the Ford study, Higher Education for Business (New York: Columbia University Press, 1959), and the Carnegie research, The Education of American Businessmen: A Study of University-College Programs in Business Administration (New York: McGraw-Hill, 1959), offer detailed portraits of the management landscape of the time.

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  4. Nunzio Quacquarelli, “B-schools Look Beyond Rankings”, Asia Inc., May–June 2007 pp. 81–2.

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  5. Ranjay Gulati, “Tent-poles, Tribalism, and Boundary-Spanning: The Rigor-Relevance Debate in Management Research”, Academy of Management Journal, August 2007, pp. 775–82.

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  6. Anne Fisher, “The Trouble with MBAs”, Fortune, 30 April 2007 pp. 49–50.

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  7. H. J. Leavitt (1989) “Educating Our MBAs: On Teaching What We Haven’t Taught”, California Management Review 31(3): 38–50.

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  8. See, for example, Chrystia Freeland, “Doing Well or Doing Good?”, Financial Times, 23 June 2007 Also, Marlene Habib, “MBA 2.0: A Stepping Stone to Tech Management”, Globe and Mail (Canada) 26 March 2008; and Marie Field, “Nonprofit MBAs — No, This Isn’t an Oxymoron”, TopMBA, 2 February 2008.

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© 2011 Dipak C. Jain and Matt Golosinski

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Jain, D.C., Golosinski, M. (2011). The Enduring Value of the MBA Degree. In: Canals, J. (eds) The Future of Leadership Development. IESE Business Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230295087_4

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