MBA programs strive to catch up with real world

By David Brown
|Canadian HR Reporter|Last Updated: 04/10/2001

Once the shining star on any resume, the MBA has lost some of its shine in recent years.

So Canadian business schools have been busy reinventing their MBA programs to produce graduates who may once again become a hot commodity for corporate Canada.

In a report released earlier this year, The Conference Board of Canada blamed a “leadership gap,” for the underperformance of Canadian companies and yet some recruiters say there has been a dramatic drop in the demand for MBA grads, once thought of as the natural leaders of tomorrow’s businessworld. The reason? Besides being devalued slightly by their sheer numbers, academics and recruiting specialists alike say the business world has changed dramatically while the business schools hadn’t.