Concordia Prof Laments MBA Mediocrity
November 29, 2006
The Vancouver Province quoted Concordia University finance professor Alan Hochstein, who claims that an increasing number of Canada's business schools are literally selling MBAs to generate revenue. The self-proclaimed whistle-blower says the result is "sub-standard education for enormous fees." Hochstein, who has been director of all four MBA programs at Concordia's John Molson School of Business over the past 27 years, says "I've seen the dramatic decline into mediocrity." He distrusts any MBA program that offers a degree in less than two years, or fails less than 10% of students, and is critical of Canadian schools that partner with US schools, such as Queen's and York. The Vancouver Province