MBA obsolete?

[sanantone]

The degree is not obsolete. The degree is saturated in the job market with just about every school offering an MBA program, there are more and more MBA graduates and the once lucrative return on investment is gone. With that said, search many business job postings, especially mid career postings and you will see "MBA preferred" on many of them. So an MBA, being so abundant, is basically a qualifier in the job market to just make it to the interview. Of course, this is all dependent on the career you are pursuing.

It's the same thing with a bachelor's administration. There are probably tens of thousands of jobs out there that require or prefer a bachelor's in business administration, but there are also a few hundred thousand people graduating with that degree each year. Business administration has a few times more graduates than the second most popular major.