Tue, 08 Jun 2004 16:37:50 GMT

Too many graduates, not enough jobs.

In case anyone’s suffering a burst of Invisible Adjunct nostalgia, here’s a story about bright-eyed young things being lured into expensive an time-consuming graduate programs with unrealistic hopes of rewarding employment at the far end, and here’s the first rumblings of discontent from “the academy”. Yup, and pace a lot of grass-is-greener talk by commentors on the old IA site, MBA programs are subject to more or less exactly the same supply and demand economics as the fine arts brigade. I would be an avid reader, btw, of an “Invisible Associate” site if a lowly MBA-grunt at a managment consultancy were to set one up to gripe about the vagaries of consultant life and the difficulty of getting on the partner track. But I don’t think there is one … yet.

[Crooked Timber]

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well…. i must say that i think most degrees are only relatively important as a function of the effectiveness of their possessors. as such, an mba may be utterly useless, but for some it is an excellent certification.