BUSINESS

B-school Confidential: MBAs May Be Obsolete

Mar 28, 2008 | Updated May 25, 2011

The Master of Business Administration degree has been a holy grail for decades. If you wanted a career that mattered and didn't have the aptitude for medical school, an MBA was a good ticket to prestige and riches.

But things aren't so clear anymore. If the MBA used to be the entrance fee to climb the corporate ladder, there are few corporate ladders to climb anymore -- and people are increasingly experimenting with ways to speed up that climb anyway. One way is to skip the MBA altogether.

So if you're thinking of getting an MBA, you should probably think twice.

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