Theory and practice: Their roles, relationship, and limitations in advanced management education

What is it about?

For those who have read the recent literature on the oversold MBA degree in the United States, there is an appreciation of the pitfalls of emphasizing theory at the expense of practice in the delivery of an MBA program. Although barely a whisper in the first generation of programs in the 1960s following two major national foundation-sponsored reports (Gordon and Howell 1959; Pierson 1959), criticism has reached the level of a chorus of complaints against the pure professional model adopted by most American universities in the advent of the reports.

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