10 years later, this article still holds up. It's not necessarily the MBA that's at fault, but it is a degree handed out by too many institutions to students w

10 years later, this article still holds up. It's not necessarily the MBA that's at fault, but it is a degree handed out by too many institutions to students with too little experience to benefit from it. The MBA has become a career changer degree, rather than a supplement to people with solid leadership credentials - and the reason is obvious, once you have a track record, you don't need the degree, so schools have found a way to collect the tuition somewhere else. And the curricula don't vary as greatly across schools as the marketing materials would lead you to believe. I am biased. I did some time in a large consultancy. I also chose a JD over an MBA precisely because it was different than the subject matter and way of thinking that I was exposed to on a daily basis at my employer and clients. So to a large degree, I agree with Stewart's position. Every Fortune 500 is pushing for "different perspectives" and "out of the box thinking" - and they pursue it through diversity. However, they hire the same consultants as the rest of their peers and advance individuals with the same degree from the same schools as everyone else. The hired diversity and diverse perspectives wash out somewhere in the middle management ranks. I'm now a director at a fortune 500 and I don't fit the profile at all. There are zero people in my peer group with backgrounds like mine, which is fine. But there are zero people in my peer group with backgrounds similar to mine (meaning non-traditional degrees and work experience) and that probably isn't fine. Naturally, the corporate initiatives are the same as what every other large corporation has done over the last decade - and it's funny because we tend to go last, and still don't learn from the mistakes of other companies. I suppose we don't even hire the good MBAs.