From memory, MBA's were very fashionable in the early 90's with a select 'club' doing them at some Uni in SE QLD. Frequent OCS trips at weekends to attend Uni from MEL were the done thing. Also the courses were financed by TN as well.
The only Uni course I could ever find that was remotely applicable to the airline industry was a Doctor of Divinity (it teaches one how to pray allot).
In an industry full of abbreviations, probably the 2 least applicable are MBA & CPA........................
So, who shafted Ken Lewis?
ding