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May 31, 2005

BW Gives MBA Clean Bill of Health.

Businessweek Online reports this week on the GMAC MBA jobs report that I wrote about last week.

BW has in the past put a spotlight on critics of the degree or problems within in the business school world, such as "MBA Applicants are MIA" or "Grade Inflation: Devaluing B-Schools' Currency ." It provides a tremendous service to MBA applicants through the myriad resources it offers MBA applicants, but it has never served as a cheerleader for the degree or the schools. So I find it significant when an experienced observer of the MBA scene writes the last sentence in the following paragraph:

"But Wilson [president and CEO of GMAC] says the 2005 survey results signify a new beginning for B-schools. "Reports of the demise of the MBA were premature," he adds. "It's alive." The hiring data is its clean bill of health.

I hope Francesca Di Meglio is right. If she is, so am I.

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