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Undergraduate Business Majors

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Submitted By estrellita10007
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Undergraduate business majors are a dime a dozen on many college campuses. But according to some, they may be worth even less. Now faculty members, school administrators and corporate recruiters are questioning the value of a business degree at the undergraduate level.
The biggest complaint: The undergraduate degrees focus too much on the nuts and bolts of finance and accounting and do not develop enough critical thinking and problem-solving skills through long essays, in-class debates and other hallmarks of liberal-arts courses.
Companies say they need flexible thinkers with innovative ideas and a broad knowledge base derived from exposure to multiple disciplines. And while most recruiters do not outright avoid business majors, companies in consulting, technology and even finance say they are looking for candidates with a broader academic background. Firms are looking for talent. They're not looking for content knowledge.
Students are motivated only by grades and instructors by evaluations. But Dr. Mason believes it offers a fair approximation of reality. In a 2003 paper in the Economics of Education Review, he buttressed that model with a national survey of 259 business professors who had been teaching for at least 10 years. On average, respondents said they had reduced the math and analytic-thinking requirements in their courses. In exchange, they had increased the number of requirements related to computer skills and group presentations.
It has become difficult to give students honest feedback. The slightest criticisms have to be cushioned by a warm blanket of praise and encouragement to avoid provoking oppositional defiance or complete breakdowns. As a result, student progress is slowed, sharply. Rubric-driven approaches give the appearance of objectivity but make grading seem like a matter of checklists, which, if completed, must ensure an A.
As the

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