The Value of the Two-Year MBA

Chicago Booth campus

The MBA has been with us for more than a hundred years, emerging just a couple of decades after Joseph Wharton established the first collegiate business school in 1881. It has always had a foot in two worlds—the world of business practice and the world of academic learning—and throughout its history, the degree has been the subject of lively debate, as business executives argue for practicality and university professors press for academic rigor.

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