How relevant is the MBA: a revisit

The master of business administration (MBA) is the centerpiece of management education and holds the promise of systematically preparing its graduates for their managerial roles. However, there is escalating criticism that MBA programs are losing their relevance based on empirical evidence that comp...

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Bibliographic Details
Main Authors: Tan, Boon Seng, Ko, Stephen
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2022
Subjects:
MBA
Online Access:https://hdl.handle.net/10356/158336
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Institution: Nanyang Technological University
Language: English
Description
Summary:The master of business administration (MBA) is the centerpiece of management education and holds the promise of systematically preparing its graduates for their managerial roles. However, there is escalating criticism that MBA programs are losing their relevance based on empirical evidence that competencies indicated by managers to be most critical are least represented in core MBA curricula. The authors re-examine the evidence and argue that the misalignment appears to be overstated. Consideration for relevance in preparing graduates for managerial roles needs to consider not only curricula, but also actual learning, social capital from the alumni network, and the signaling effect of graduating from an MBA program.