MBA career promises: Behind the fancy job stats

Sep 14, 2011

Facing a brutal job market, underemployed graduates of professional schools have begun to speak up, some even suing their former institutions, claiming they were duped into acquiring massive debt loads based on the promise of a secure, six-figure-salary job. That promise is particularly critical at business schools, where graduates expect a quick financial payoff as well as an education. Read McNamara, executive director of career services at the Vanderbilt University’s Owen School of Management, and Emily Anderson, co-chair of the MBA Career Services Council and Vanderbilt’s senior associate director of career services, are quoted.