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To MBA or Not to MBA

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This story appears in the October 2014 issue of Entrepreneur. Subscribe »

The master's in business administration has officially become the most popular graduate degree in America. According to the National Center for Education Statistics, 191,571 people graduated from U.S. schools in 2012 with advanced degrees in business, representing about one in four of all master's degrees conferred nationwide. Yet while trends point to ever-higher business-school enrollment, the debate over the value of an MBA--the return on a high-priced investment--roils on. Here's what two business experts had to say about the degree and its pros and cons.

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"You have to know all this stuff if you're going to work in business."

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