Is an MBA enough?
As I picked up an old U.S. News & World Report (Oct. 2003) the other day at a friends apartment, I stumbled across a commentary entitled "In today's job market is an MBA Enough?". It stated there is currently more than 100,000 men and women studying for an MBA degree. Many hiring managers have questions about the real-world value of the MBA in today's business world. These same managers often feel that the traditional graduate business degree provides enough theoretical knowledge, but perhaps, not enough applied or hands-on training. Hence, I ask your opinion. Is the traditional way of teaching for an MBA effective? Are MBA program curriculum's in need of change? Should business programs emulate the medical programs, in that actual work experience is need before graduation?