The MBA has been the quintessential managerial education program and has supplied more ready and trained managers to U.S. corporations than any other graduate program. While MBA curricula are evolving to meet the changing needs of corporations, the authors assert that the pace of change must accelerate to keep the MBA degree future-proof. Otherwise, the danger is what Scott Cook, founder of Intuit, described: “When MBAs come to us, we have to fundamentally retrain them — nothing they learned will help them succeed at innovation.” This article provides a look at the main departments in a typical MBA program and what changes to the way business is done they need to keep up with.
