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Yes, the World Needs More MBAs. Here’s Why

Yes, the World Needs More MBAs. Here???s Why
Photograph by Daniel Acker/Bloomberg

In the 2011-12 school year, more than 366,000 undergraduate business degrees and 191,000 graduate business degrees were awarded in the U.S., more than any other type of undergrad or masters-level degree, according to the National Center for Education Statistics. The same trend is occurring globally.

Does the world really need more people with business degrees?