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IMD's John Wells

MBAs are still relevant, as long as CFOs choose their recruits carefully.

May 5, 2008

Are MBAs passé? An American export whose teachings have little relevance to the real world of business? Or are they essential qualifications for future business leaders seeking a well-rounded CV? For John Wells, the new president of Swiss business school IMD, the answer is easy. Having studied physics at Oxford, the 55-year-old Brit later completed an MBA himself in 1979, and began an international career in business that included serving as a divisional CFO at PepsiCo twice as well as starting up two companies and being part of a management buy-in. In 2002, he returned to his alma mater to teach management practice. For the most part, he says, today's business schools are serving their students well. Yet he has a sympathetic ear for critics of the MBA. Read more...

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