Susan Fra- Fading MBAs? ker, in Fortune (Dec. 12, 1983), 541 North
Fairbanks Ct., Chicago, 111.6061 1.
A young lad or lass with a fresh MBA (master of business administra- tion) diploma has long been widely regarded as a shoo-in for the corpo- rate fast track. But Fraker, a Fortune editor, finds that MBAs have lost some of their luster.
Big Business does not like to admit that it is changing its ways, but the fact is that corporations are hiring fewer MBAs. General Electric, for example, trimmed...