Thank goodness we’ve reached peak MBA

finance
Created 2/11/2024
Updated 2/11/2024

Remember when having an MBA was as cool as owning the latest iPhone? Well, it seems those days might be fading into the sunset. Julian Birkinshaw from the London Business School spilled the beans that folks now prefer bite-sized learning over the traditional, wallet-busting two-year MBA programs. With costs soaring to £115,000, not including the money you're not making because you're studying, it's no wonder people are thinking twice. But there's more to the story than just the price tag. Recent research has thrown shade on the value of an MBA, suggesting those with the degree might not be the business whizzes they're cracked up to be. Studies found MBA grads often favor flashy acquisitions over steady growth and use accounting tricks to make their companies look good temporarily, only for things to go south later. So, if you're thinking the MBA hype train is slowing down, you might be onto something. It's a reminder that sometimes, less is more, especially when it comes to learning about business.

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