Over the past decade or two, the MBA has seen a dramatic evolution. Once a “must have” for executive management positions, it was downgraded to a “nice to have” for those privileged enough to take a two-year workforce sabbatical. And for tech giants, many of which have college dropout founders? It's not necessary at companies like Facebook and Tesla, whoseBut after 2020, the MBA meaning has been downgraded even further.
Covid-19 has changed not only the MBA’s meaning, but it has also upended many professionals’ career ambitions. And hiring managers’ needs. As the CEO of a modern business education company, I often speak to employers about what they’re most looking for in their recruits. At the top of the list are a can-do attitude, hunger to learn, and flexibility.
Very rarely do I hear them say they’re looking for someone with a specific type of degree. And in some cases, they tell me that they hesitate when they see the MBA degree on a candidate’s resume. In a post-Covid world, a MBA program can carry negative signals:
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