As a degree holder from a premier Management inst., I would want to present a very different picture. The majority of new MBAs have completely unrealistic expectations. A person who has moved from college to a mgt college and has zero-experience; expects to have a team reporting to him. The quality of education is SAD in most inst.s; many so-called MBAs have neither linguistic, analytical or conceptual abilities. Yet the degree of self-delusion is huge. Very few have the sense to try and learn something. It is a matter of concern that people with hardly any actual knowledge or skills try (and often succeeed) in getting ahead purely based on brown-nosing and game playing. As a visiting faculty in a mgt inst. some years back, I had asked for the class reaction if their boss were to ask them to do something wrong. 100% of the class said that they would do it. This is the picture when not yet asked! No hesitation, no mental struggle just a complete willingness to do whatever it taked to become successful. A refusal would be a distant dream as would whistle-blowing. There are some good people using mgt skills for NGOs or becoming entrepreneurs and providing employment to others; but these are the honourable exceptions. The economy is so good that every warm living body gets work. I would invite youngsters on the threshold of new careers to consider what their situation would be like once the economy takes a downturn and Co.s start linking employment to competence!