so,
what’s an mba really worth?
apparently not much:
“Still more pointed is an upcoming study by Jeffrey
Pfeffer, a management professor at Glauthier’s own business alma
mater, Stanford. In it Pfeffer challenges the bedrock assumption of
business school: that those who make the effort to get an MBA
degree have more successful careers than those who don’t. Pfeffer
combs through 40 years’ worth of data for evidence that this is
true — and uncovers almost none. He quotes Ronald Burt, a
University of Chicago business professor and the researcher behind
two of the studies in Pfeffer’s paper, who says, “I have never
found benefits for the MBA degree. Usually it just makes you a
couple years older than non-MBA peers.””