Master of Management

Manab Magmardar, a senior manager at a consulting company, has made a realistic provocative examination about the Master of Business Administration, which sparked a major discussion about LinkedIn: “Master of Management

The explicit evaluation reaches a rapidly shift in a shift where traditional assumptions about MBA programs are dismantled.

Magomdar did not stop there, adding, “After the Master of Management

In fact, dreams of immediate executive roles after graduation are increasingly proven unrealistic. CA nitin kaushik (finance_bareek) chanted on x this feelings sharp

Even leading institutions like Harvard are not isolated. The Wall Street Journal recently highlighted a disturbing statistic: 23 % of Harvard Business College graduates 2024 who were unemployed three months after graduation, with a dramatic increase of 10 % only two years ago. Stanford Warton also reported similar declines, as unemployment approaches 20 %.

Globally, the image is not brighter. According to the International Labor Organization, youth unemployment reached 13 % in 2023, affecting about 65 million young people worldwide.

Why is the Master of Business Administration struggling despite the attractive intermediate start salaries that exceed $ 175,000? The answer is partially in the development of corporate strategies.

Companies such as MCKINSEY, BCG, Google and Amazon have reduced a master’s degree at the same time, the world of companies turns towards a smaller specialized teams, supported by increased artificial intelligence and automation, making the Master of Public Business Administration skills less important.

“Going to Harvard will not be discrimination.”. Instead, specialized technical skills are increasingly cleared.

In response, business administration colleges are heading quickly. Harvard University is now experimenting with artificial intelligence tools designed to match students with jobs and suggest courses for skills gaps.