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"was to compare the average MD with the elite MBAs."
Even the elite MBA is not as good as the worst MD degree....it's hit or miss, depending on the PERSON. The degree is less of a factor than whether or not the PERSON is executive management material.
That is, you may make it into Harvard MBA, but if you're not a good communicator/networker/socialite --- guess what?...that's money that you're going to wasted on the 2-year degree. If you couldn't become a leader in 25yrs, Harvard is not going to make you one in 2 years.
For example, many CEOS who're already leaders int he field, will go back and get an Executive-MBA, just as a showpiece to the board of directors. Everyone knows that a true manager/leader doesn't require a certification (in social life as well as in corporate world).
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