To MBA or not to MBA

Abstract

Purpose

The purpose of this paper is to critically reflect on the value of the MBA – a Master in Business Administration, considered the flagship of business and management education. The author aims to bridge the gap in the understanding of the possible added value of the MBA.

Design/methodology/approach

This conceptual paper is enriched by findings from secondary data, surveys with managers in the UK, and interviews with human resource managers of leading US firms.

Findings

The MBA can generate significant tangible and intangible inputs to graduates' careers and their employing organizations. Having an MBA contributes considerably to graduates' human capital. Employers may profit from such contributions, while an indirect positive effect is implied at the national level.

Research limitations/implications

The knowledge of MBA impact should be based on rigor studies rather than unsupported assertions.

Practical implications

The MBA is the closest thing to a qualification to manage. It generates positive outcomes and lead to good management. For individuals, embarking on MBA is a major career decision, carrying certain risks, but offer high potential for return on investment.

Originality/value

This contribution is of special importance amid the recent criticism of the MBA by prominent management scholars.

Citation

Baruch, Y. (2009), "To MBA or not to MBA", Career Development International, Vol. 14 No. 4, pp. 388-406. https://doi.org/10.1108/13620430910979862