Getting a Wharton MBA Was 'a Waste of Time,' According to a Global Bank CEO. Here's the Degree He Recommends Instead.
Sherin Shibu
created: June 26, 2025, 9:05 p.m. | updated: June 27, 2025, 6:46 p.m.
Bill Winters, the CEO of 160-year-old bank Standard Chartered, says that the MBA he earned from the University of Pennsylvania Wharton School of Business was a "waste of time" — but the humanities undergraduate degree he received from Colgate University was more worth it.
"I got an MBA later, but that was a waste of time," Winters told Bloomberg.
He started his own fund management business, Renshaw Bay, in 2011 and joined Standard Chartered as CEO in 2015.
AI Could Damage Your Critical Thinking Skills, According to a Microsoft StudyWinters isn't the only executive encouraging the study of the humanities.
Meanwhile, big tech companies are rapidly adopting AI in their operations as the technology sweeps over technical skills.
4 months, 1 week ago: Entrepreneur