In Defense of the MBA

Photograph by Thomas Barwick/Getty Images

For reasons I don’t fully understand, I’ve noticed a number of articles that question the value of an MBA degree. The most recent and egregious example was published in, of all places, the Wall Street Journal:A Smart Investor Would Skip the MBA,” by Dale Stephens. Stephens is the author of Hacking Your Education and the founder of, a site devoted to those who would pursue their own education without benefit of a classroom.

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