The problem with an MBA degree/diploma today is serious and grave. Most B-schools have become a training camp that treats students like a military unit. It is giving them very little time to think and learn. The only output of an MBA program is a degree for the student. Moreover career choices after the completion of the course depends on the luck of a student to make it to a good organization. The students willing to learn are restricted by culture of the institute, a regimental schedule and a loan. I highly doubt this tradition. To top this is the new breed of B-schools treating education like a business. Will such a culture help in making leaders and effective managers ? Have they learned to think differently ?