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By the way, I would not belittle the value of a Ph.D. degree. Ph.D. programs are designed to be a crucible at reputable business schools in North America (and probably much of Europe, plus HK and Singapore), and those who survive it are rightly proud of themselves. While many smart people have no hankering for a Ph.D., those who hold one are generally smart enough. Walden University, National University, and the like also ostensibly offer Ph.D. programs, but those are something else.
A Ph.D. is worth ten Master's, as they say. This may be an overstatement but is revealing. It is true that most industry professional-turned faculty of practice only have an MBA or Master's or even an undergraduate degree, but their intrinsic value as adjunct educators almost solely lies in their wealth of practical experience and wisdom accumulated over many years to offer. |
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