Recently read this article in the Times Of India about Double MBA’s becoming a new trend in education. 
One MBA just isn’t enough to get you ready for the corporate world anymore,  you need two of these degrees so you can bag your dream job of selling soaps!
A clear example of unnecessary educational inflation pushed to its limits. 
A sad case where the whole purpose of getting a second degree is not to improve one’s knowledge or acquire a better set of skills but rather to gain an image.
In an age when detailed information about any subject is just a click away, spending a year or more re-educating yourself is scarcely justified.
A double MBA isn’t really the problem but a symptom of the larger problem of an image-based job/education system. Getting into a top B school allows you get into an elite club whose brand and alumni contacts are now at your disposal . People are hired more for what claim to be and from where they are, rather than for what they’ve done. People are pursuing these second degrees because it is the only way for them shed the stereotype of being from an Indian B-school and having less exposure.

Do you really need to go a classroom to get exposure, wouldn’t it make more sense to get relevant work experience instead? 
People are paying such a high price just to gain an image. I do not question that most of these institutions may be excellent academically but that’s not what most of their students are coming to them for . Do we really want to keep promoting this vicious cycle of elitist institutions? Shouldn’t we rather create a expertise-centric system where what matters is What can you do ? and How well can you do it ?