The fact is, many good people -- too many -- fall into the trap of simply accepting that it is appropriate to use technicalities and loopholes to break the principles behind rules when they think they can get away with it or if someone else says they can get away with it. And that's how we lead to scandal upon scandal in the worlds of finance and politics.

Just because you have the two years of experience that many of the world's business schools require, doesn't mean you are ready for an MBA. Before you make the leap, you must ask yourself: Does it make sense for me to get this degree right now?

The biggest challenge facing business today is how to tackle the complications brought by an increasingly globalized and technologically advanced world. In the last decade the ways in which we produce and consume goods, and how we interact with each other have changed.