About 40 years ago this was not the case. People such as Jamie Dimon, Dick Kovacevich, Steve Fossett and many others were able to complete a MBA straight out of undergraduate college without prior work experience, at universities such as Harvard, Yale, Princeton, Columbia, etc. Nowadays you have to have at least 2 years of work experience. What has caused this change? Why is work experience required / important nowadays and not then?
Best reply by ownpool:
Many business schools have changed their curricula and offer many classes where previous work experience is used for educational purposes in the classrooms to provide personal examples, etc.
However, some business schools will admit student directly from undergraduate school.