"Money makes the world go round," sang a bobbed-haired, diamond-bejeweled Liza Minelli back in 1972. Her simple, comically delivered words encapsulated a heavily laden truth, a reality powerful enough to make governments shudder, and to make an electorate either stand firm in support of their leaders, or to throw their arms up in protest. Successful economies tend towards creating healthy infrastructures and reinvest capital to further promote economic growth, boosting their political and economic credibility as a consequence, as well as their influence on the world stage. Until very recently, much of the world had moved towards greater globalization in which world-trade liberalization stood at the center of a shift towards what we could call a more integrated society.
Many of the people leading this global industry from the top have been, and are MBAs. Almost a third of the world's 500 largest, listed international companies are led by an MBA graduate, according to FT statistics, and, more often than not, their degrees have been obtained from a top business school.
Yet, today industry leaders are facing a very different political and economic climate. Populist challenges to globalism have sprung up in the Middle East, Europe and the US, creating new levels of uncertainty, as well as an increasing sense of mistrust among the world's leading nations.The election of Donald Trump as US president and the UK’s vote for ‘Brexit’ show that greater numbers of people are pushing for their governments to stop looking outward when determining economic and foreign policy, and to look inward instead.
With the world appearing increasingly fragmented, how then does an MBA candidate go about choosing a top business school or finding an MBA career? Are the opportunities out there the same, or changed?


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