The Chronicle of Higher Education

Controversial Study Questions the Value of an M.B.A.

By KATHERINE S. MANGAN

Although master's programs in business administration continue to attract record numbers of applicants, little evidence exists that the degrees enhance people's careers or earnings potential, a Stanford University business professor contends in a controversial new report.

The professor, Jeffrey Pfeffer, examined 40 years' worth of studies that...

To continue reading this premium article, you must have a Chronicle account AND a subscription or an online pass.

Subscriptions start at $40; Web passes for under $10.