Bullish on the MBA

Critics who blame business schools for the financial crisis have it wrong. A few bad apples were the problem, and MBAs are the solution

MBAs are having a tough go of it lately. Critics both in and out of the academy are pinning the blame for the current financial crisis on the failure of business schools to instill a strong ethical sense in graduates. Philip Delves Broughton, who wrote about his two years at Harvard Business School in Ahead of the Curve, calls the financial mess B-schools' very own Waterloo, and MBAs themselves "guillotine fodder."

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