close this bookVolume 1: No. 10
View the documentQuery -- Communique replacement policy
View the documentNews -- Jonathan J. King
View the documentOpportunities -- Xerox KBSCC; GTE; IU/NN jobs; headhunters
View the documentNews -- DARPA and NSF changes
View the documentNews -- Pope OK's profit
View the documentNews -- MBA
View the documentNews -- research vs. teaching vs. corporate careers
View the documentDiscussion -- workstyles
View the documentDiscussion -- Bootstrap Institute; groupware
View the documentQuery -- Asian research labs

Think that an MBA degree would help your career? Think again. The MBA is of greatest use as a competitive edge for entry-level jobs. Experienced professionals who interrupt their careers to obtain one may be unable to match previous earning levels. Young MBAs are also finding jobs hard to obtain, and many from the top schools are having to take jobs at small companies and start-ups. [The good news is that small companies may be better managed!] Recruiters still tour the major universities, but they may be seeking half as many candidates as before the recession. One factor is that the supply of MBAs has greatly increased: 21,400 were awarded in 1979; 75,000 last year. Over 700 business schools in the U.S. now pump out three MBAs for every available position, according to the American Council on Education. [Diane E. Lewis, Boston Globe. From the San Jose Mercury, 5/26.]

On the other hand, MBAs or company-trained equivalents are in great demand throughout the Asian world. Economic growth has been so explosive that companies are exceeding the supply of managerial talent. Many large companies wish to move from autocratic management styles to Western participatory styles, but there aren't enough university-trained managers to make it work. Western managers have been filling many of the top slots, but short tours of duty may affect their decisions. Asian companies would rather build local expertise, but must first revamp and expand the local business schools. [Fortune, 6/3/91.]