Businesses want college graduates to be ready to fulfill important functions upon hire. When graduates are not ready this can raise the cost of training and slow down production. Criticism of higher education revolves around the difficulties some schools are having preparing students to take on challenges in the modern business world. A study of perceptions of deans and prospective employers helps show where college administration and business leaders see eye-to-eye and where they diverge. Throughout the nation a debate rages about the value of higher education, its costs, and employ-ability of students. We also know that higher education is important to grow innovation and feed the needs of employers so they can fill open positions. There is a natural split between higher education as a vessel of cultural tradition and higher education as training grounds for employment. That debate isn’t likely to be decided anytime soon. The study helps show that business school deans
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