> Why do older executives desire MBA's or B-school Ph.D.'s?
> Fabio 

For the same reason most investors need an advisor - for discipline.
Old dogs do need to learn new tricks, and the execs could do so on their own,
but but most don't have the discipline to do it alone.  By taking a class,
they put structure into their lives so they have to go to class and do the
work.  If they just read books or went to seminars ad hoc, they would keep
putting it off, since the important but non-urgent tasks tend to get
postponed.  The degree is then just icing on the cake.
In short, taking a class puts the learning into the category of urgent, so it
gets done.

Fred Foldvary

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