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Why StanChart CEO Bill Winters believes his Wharton MBA was a 'waste of time' and what it means for US business education

Bill Winters, CEO of Standard Chartered, recently described his MBA from the University of Pennsylvania's Wharton School as "a waste of time." In an interview with Bloomberg, Winters argued that critical thinking and communication, not traditional business degrees, are essential in today’s AI-driven world. He emphasized that skills like problem-solving, empathy, and adaptability are now more important than technical expertise, urging U.S. business education to adapt to the evolving global landscape.