Click here for the article of The Independent, 12 November 2009.
When the financial crisis erupted just over a year ago a collective frisson went down the spines of business schools and their graduates. Was this the end of a bull run for MBAs which had mirrored that of the markets? Did the MBA and other courses need reform? Would business schools have to reinvent themselves? The broad answer to all these questions from a new report by the Association of MBAs is that the fears were exaggerated and life has continued largely unaffected.
The report, "Economic Downturn Survey", is the first wide-ranging and systematic survey of schools and MBAs to look at how they have fared. It concludes: "The data shows general robustness in the career prospects and salaries of MBAs, despite the recession. It also supports the view that the MBA degree will continue to benefit both individuals and organisations during times of financial crisis."...
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