If you’re a foreigner seeking a U.S. green card, here’s a little advice: forget about getting an MBA. Study air conditioner repair instead.
If the Senate immigration bill becomes law, immigrants who study dairy science, urban forestry, pulp and paper technology, and air conditioner repair, among other fields, will qualify for special treatment when seeking visas. Those with MBAs will not. That’s because the first four fields I mentioned all fall under the category of STEM education – science, technology, engineering and math.
But MBAs don’t.
That means fewer foreigners will apply to MBA programs, which will reduce the quality of the MBA experience, decrease the selectivity and prestige of top business schools, and have a negative impact on the U.S. economy. I surveyed 40 recent MIT Sloan grads from outside the U.S., and 30% said that getting a visa was one of the primary factors they considered when choosing graduate schools. Only 25% said it wasn’t a factor at all.
To be clear: I support the bill overall – I think it’s incredibly important to raise the number of H-1B visas and to increase immigration from STEM graduates. But I think MBAs should be included as well. I’ll describe what’s in the bill and share a few ideas for how b-schools should respond. The bottom line: b-school deans should make the case to Congress for including MBA grads in the immigration bill. Otherwise, the legislation could seriously threaten the value of the MBA degree. Continue reading