They're giving out MBA's like candy at Halloween on the college level. I was a part of an interview panel to hire a Sr. Accountant. Before entering the interview the candidate had to complete a BASIC "Accounting 101" 10 problem test. Should have been a breeze for an accountant with any sort of experience. For someone with their MBA they should have been able to do it with their eyes closed.
We interviewed approximately 10 candidates. Four which had MBA's. ALL FOUR, literally ALL FOUR, failed the test. They were automatically eliminated from consideration. Granted, we went ahead with their interviews, like nothing was "wrong". But it was nothing more than a formality. I'm hearing more and more of this from my accounting management peers. My wife being an educator on the elementary level, she can attest to the watering down of the public educational system. So it's starting at the elementary level and working its way up.
