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In the US more than 250,000 students (a quarter of the total US college population) study business education; in all of Europe, only 3,000 MBAs will graduate this year, and Japan has no MBA programmes at all. Why are business courses so popular in the US? How are the different courses structured? What are the essential elements? How do the courses, and the companies' attitude to the courses, and to training generally, vary?

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