Just read an MBA article which my dad extracted out for me when he came over.
An interesting point which caught my attention: You do not need an MBA if you're purely interested in practising business. There're many successful CEOs like Bill Gates, Warren Buffett, Larry Ellison, who have never formally schooled in Business.
Pretty interesting. Is an MBA really just for recognition, credentials and a pair of wings to rise through the corporate ranks? After all, isn't the most valuable part of the degree being interactions with peers? The connections, and the experience... Is this worth the hefty cost of $150k? Can we establish such kinds of connections outside the classroom? Are those experiences really necessary for a successful business? Or in the light of a rapidly-changing world, and that today is much different from 20 years ago, is MBA now an unsaid requirement to success in business?
Whether an MBA is useful or not, all successful people probably have a common quality, that is to embrace change. To be able to adapt to changes, to react and evolve, to readily learn the unknown... these are perhaps the key factors to any successful businessman.