Sell MBA’s short, especially MBA’s based on the case study method.
Henry Mintzberg has a new book out examining the empirical evidence for the effectiveness of a Harvard MBA. The data comes down heavily on the failure side. This is reported in Business Week April 26, 2004 | Up Front.
Those who have taught management (I have) listen when they hear the name Mintzberg. Henry Mintzberg, now at McGill University, did early and reliable empirical work on the theory of management and he remains the leading guru of management.