MBA programs left grads unprepared for economic freefall: critics
Did business programs contribute to the financial crisis? With the economy in freefall, the New York Times traces the history of business schools, from the reform efforts of the 1950s to the current call to implement standards and a code of ethics. Critics argue that the degree that’s long been key to lucrative Wall Street finance careers has focused too much on making money, leaving grads unprepared to mitigate disaster.