Ben Horowitz had a good post about this a couple of years ago (http://www.bhorowitz.com/is_now_the_time_to_hire_mbas http://www.bhorowitz.com/is_now_the_time_to

Ben Horowitz had a good post about this a couple of years ago (http://www.bhorowitz.com/is_now_the_time_to_hire_mbas http://www.bhorowitz.com/is_now_the_time_to_hire_mbas). tl;dr: People with MBAs ran some of the great companies of the 80s, pushing up demand and graduation rates in the 90s (every company suddenly wanted some), but in the last few years the curriculum has become more focused on startups.