Does Emphasis of Return on Investment Affect the Educational Mission for MBA Programs?

Overview

Is the recent focus on personal return on investment distracting higher education programs from their mission to generate new ideas and improve the economy at large? Data from large-scale surveys of key stakeholders in the field of graduate management education suggest that while a monetary return on investment in education is of concern to many individuals; it has not become the sole motivation. Students continue to seek a graduate management education to improve their skills, and MBA programs continue to produce these improvements. Research further suggests that these benefits for the individual translate into benefits to society as well.