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In 2017, does the MBA still matter?

UQ may offer Australia's best MBA, but should people even bother doing one? or MBA programs worldwide, admissions have generally increased and become less selective. Then there's tepid corporate profits (ergo, fewer opportunities) combined with a rise in entrepreneurialism, in the context of a degree that teaches fairly traditional corporate management skills.
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“After attending a Harvard MBA information evening and witnessing the calibre of its graduates, one of whom was a stay-at-home dad, for Jeanine, the nail was in the postgraduate business degree coffin.”
Really, “stay-at-home dad” suggests a low calibre graduate? Education is never wasted, and children with educated parents as role models are at a distinct advantage compared with those who only have parents with experience and their own opinions.
Thanks for your comment. This was one person’s view, clearly not a universal one!
Apologies if my comment inferred otherwise – it was meant to be a direct response to the individual comment (although as someone who has taught in MBA programs, not an unfamiliar one unfortunately).
Not at all! It inferred exactly what you intended.