Why MBA?

'Five years ago Julie Perigo completed her Master of Business Administration at the Australian Graduate School of Management, University of NSW. One of her final projects for the degree was assessing the status of an MBA with the top 50 companies in Australia. The results were dispiriting, to say the least.


"I had some people ask, ‘Does this stand for the Master Builders Association?’," says Perigo, now a principal with executive search firm Korn/Ferry International. "I think more than the US and UK there is still a bit of ignorance about it." '


Brilliant collection of articles in this weekend's AFR BOSS magazine. The Australian MBA scene appears to be in trouble, with employers not rewarding MBA graduates in the same way as in the US. Looks like I'll have to work for a consulting firm in the US for a few years post MBA to make the whole experience worthwhile... [Thanks CM]