MBA Schools Should Prepare Students For A Marathon, Not A Sprint
June 30, 2009
By the My MBA Career Content Team – Find Top MBA Degree Programs
The global financial crisis should be used as a catalyst of change for business schools, allowing them to focus on awarding MBA degrees as the beginning of a marathon-like professional career rather than the sprint for cash that is the current norm, according to Fernando Fragueiro, a former dean of IAE business school.
Writing in the Financial Times, Fragueiro argues that the years of having higher salaries as the primary driver for acquiring an MBA degree pushed MBA schools away from their original purpose as the starting point for a lifelong learning experience on how to manage a professional career.
There have been signs, such as the MBA oath developed earlier this year, that a more ethical core as an essential part of an MBA program has grass roots support among students.
Fraguerio wants to transform the MBA program to go beyond the acquisition of business knowledge to a more profound education of character, even offering alumni the chance to take time off to reassess their professional goals and their contributions to society. If you want to walk this path of lifelong learning, maybe it is time you look into getting an MBA.
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