Obama's Financial Reform Could Affect MBAs
April 26, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
Many MBAs have noticed that the business world is changing. After the economic recession, many companies have restructured as a means of ensuring that they don't face a similar crisis should the economy experience another meltdown.
However, President Barack Obama may soon be changing the business front as well. The president has been pushing for financial reform in order to protect both consumers and investors from another financial crisis, according to MSNBC.
"Our markets are only free - when there are basic safeguards that prevent abuse, that check excesses, that ensure that it is more profitable to play by the rules than to game the system and that is what the reforms we've been proposing are designed to achieve - no more, no less," Obama said.
Typically, students in MBA programs learn to apply the fundamentals of their training to current day situations. MBA students may begin looking at Obama's plans for education reform and then applying the practices when they get out in the working world to ensure they have a successful financial career.
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