Posted 7:35 PM by Blah blah

Bad News for Business Schools (Economy)

Thinking of getting an MBA?

A bear market for business schools (MSNBC): "As the likelihood of a hot job fades, so does the MBA’s allure....But the big reason many twentysomethings may be hanging on to their jobs, however unrewarding, is that the once-coveted MBA no longer comes with the implicit guarantee of a big-bucks job offer on graduation....It’s easy to see why America’s fledgling manager class is balking these days. Over the past two years, potential MBA candidates have watched many B-school grads flail upon re-entering the real world. Consider that some 30 percent of grads at BusinessWeek’s Top 30 MBA programs had no solid job offer at graduation in 2002."