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February 27, 2006
Business Education Credentials / Law Education Credentials
This is an interesting article at CNN.com about the shortage of people with doctorates in business. Here's the problem:
A 24-year-old with an MBA can look at spending at least four or five years on a graduate assistant's stipend or go into business with a starting salary of perhaps $60,000 or more, said Ashland University management professor Richard Symons, president-elect of the Association of Collegiate Business Schools and Programs, a business education accreditation organization in Overland Park, Kan.
I've always been interested in the model that lets law schools hire people with nothing more than a jumped-up bachelors degree (yeah, yeah, J.D. - remember that the real specialist degree some people in the field actually get is still a Master of Laws in Tax) teach graduate school while the business schools seem to have tried, at least, to hire people with doctorates in relevant fields.
I understand that lots of law schools hire people with the Ph.D. in some field, but they're still very much a minority.
Posted by CrankyProfessor at February 27, 2006 7:26 AM