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Is B-School Research an Expensive Waste?

Is B-School Research an Expensive Waste?
Photograph by Noel Hendrickson/Getty Images

During his lifetime, Larry Zicklin says he has witnessed the fall of Wall Street and the publishing industry—and universities, particularly business schools, may be next.

Larry Zicklin

The former chairman of asset manager Neuberger Berman, Zicklin is a professor at New York University’s Stern School of Business and a lecturer at University of Pennsylvania’s Wharton School and Baruch College’s Zicklin School of Business, which is named for him. On Feb. 13, Knowledge@Wharton published an opinion piece he wrote criticizing business schools for their lack of transparency when it comes to how tuition is spent and their obsession with faculty research.