Why some employers are avoiding hiring MBAs

Costco, the second-largest retailer in the U.S. behind Walmart, doesn´t hire business school grads, and, when asked about career advice for physicists wanting to get into entrepreneurship, billionaire business whiz Elon Musk, the founder of companies such as PayPal, Space X and Tesla Motors, told the American Physical Society, “I’d say no MBA needed. An MBA is a bad idea.” Have MBAs really turned from a fast-track path to success to a recruiting red flag? Continue reading