A bit of herd mentality and with the highly perceived notion that MBA degree will get job placement for sure, MBA has become second best buzz word among graduate students. Market is also responsible to supplement the perception that with MBA you will get employability skills suitable to be placed in campus recruitment.
Flip side of MBA is that nobody can guarantee job for those who have not understood business education. MBA degree or diploma is not a ticket to job but positively stepping stone to become professional.
MBA makes you decision maker, logical thinker, resourceful to engage teams, thread bearer to adjust to the matrix of markets and customers. Precisely due to this skill set MBAs have edge over non MBAs hence, for a management career getting a job is not that important but entrepreneurial habits supplemented with understanding of business competitiveness is more important.