Darden | Mr. Tech To MBB
GMAT 710, GPA 2.4
Stanford GSB | Ms. Education Reform
GRE 331 (Practice), GPA 2.92
Wharton | Mr. Investment Associate
GMAT 700, GPA 3.67
Kellogg | Ms. Public School Teacher
GRE 325, GPA 3.93
Harvard | Mr. Hedge Fund
GMAT 740, GPA 3.8
INSEAD | Mr. Future In FANG
GMAT 650, GPA 3.5
Berkeley Haas | Mr. Army Officer
GRE 325, GPA 3.9
Harvard | Mr. Italian In Tokyo
GMAT (710-740), GPA 4.0
Kellogg | Mr. IDF Commander
GRE Waved, GPA 3.0
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Berkeley Haas | Mx. CPG Marketer
GMAT 750, GPA 3.95
Yale | Mr. Healthcare Geek
GMAT 680, GPA 3.5
USC Marshall | Mr. Low GPA High GMAT
GMAT 740, GPA 2.44
Berkeley Haas | Ms. Against All Odds
GMAT 720, GPA 2.9
Harvard | Mr. MedTech Startup
GMAT 740, GPA 3.80
GMAT -, GPA 2.9
Chicago Booth | Mr. Consulting Hopeful
GMAT 720, GPA 3.6
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Wharton | Mr. Senior Analyst
GMAT 750, GPA 3.2
Stanford GSB | Mr. Future VC
GMAT 750, GPA 3.6
Stanford GSB | Ms. Access To Opportunities
GRE 318, GPA 2.9
Tuck | Mr. Product Marketer
GMAT 730, GPA 3.1
Wharton | Ms. Finance For Good
GMAT 730, GPA 3.7
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
London Business School | Mr. Midwest Engineer
GMAT 750, GPA 3.69

The MBA: A Degree That’s Still Worth Lying About

Whoever said the MBA has lost its cache as a career-boosting degree apparently never told Rick Potter.

The chief operating officer aviation chief of a Canadian aviation company called ORNGE Air, Potter recently admitted to lying about having an MBA degree to impress potential investors.

The executive lied about the degree in a 2009 prospectus used to entice investors into buying $275 million of bonds so that his company could increase its fleet of new helicopters and airplanes. Potter asserts he agreed to claim an MBA he never earned because his then boss, the company’s chief executive officer, believed “it would look better in the prospectus if it was indicated I had completed this program.”

Some might consider Potter’s indiscretion a fib—rather than a big lie—because he didn’t claim a degree from the likes of a Harvard, Stanford or Wharton. Instead, Potter claimed he had, of all things, an online MBA from Heriot-Watt University in Edinburgh, Scotland.

Potter fessed up to his lie in a statement sent to the Star newspaper in Canada. He said he had started taking courses years before at Heriot-Watt but never completed his work for the degree. Potter’s boss, Chris Mazza, has since lost his job.

“I provided inaccurate information yesterday,” Potter told the Star on Feb. 24. “To clarify, I was enrolled at Heriot-Watt (Edinburgh, Scotland) in the MBA program in the late 1990’s. My workload has precluded my ability to finish this program.”

Just goes to prove that a lot of people still see the value in having an MBA–even when it’s an online degree from a university with little prestige.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.