According to the Business School Admission Council, last year applications for full-time MBA programmes declined at 75 per cent of educational mstitutions offermg the degree, with applications down by more than 20 per cent at over half of the schools surveyed. MBAs have traditionally been seen as a fast-track to higher salaries and senior management positions, but the proliferation of MBA programmes has raised questions about the value of the degree. Business schools argue that they offer essential management traming, and pomt to a poll of recent MBA graduates, over 80 per MBA programmes has raised questions about the value of the degree. Business schools argue that they offer essential management traming, and pomt to a poll of recent MBA graduates, over 80 per cent of whom rated ther programmes as excellent. But critics remain unconvinced that MBAs remam a necessary qualification for a high-power career. Chris Wilson, Senior Partner at Wilson Recruitment & Selection, says: An MBA, even from a top-tier school, 1s no substitute for experience and a successful performance record. Given the expense of full-time programmes, tt is perhaps unsurprising that application figures for part-time executive MBA programmes increased by 50 per cent last year.
Question: The passage argues that there is no longer any value in attaining an MBA.
Options:
A. true
B. false
C. uncertain
Answer: B