Bill Winters, the CEO of Standard Chartered, studied international relations and history before earning his MBA.

It is a stunning admission from one of Wharton’s most successful alums. When Winters graduated from the school in 1988, the MBA program was ranked fourth best in Businessweek’s first MBA ranking.

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The Wharton alum said going to business school was "a waste of time." Winters said the soft skills he learned from majoring in the humanities are more relevant now.

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Bill Winters, the CEO of 160-year-old bank Standard Chartered, says that the MBA he earned from the University of Pennsylvania Wharton School of Business was a "waste of time" — but the humanities ...

"I studied international relations and history. I got an MBA later, but that was a waste of time," said Bill Winters, the CEO of Standard Chartered.Halil Sagirkaya/Anadolu via Getty Images Bill ...

I got an MBA later, but that was a waste of time," Winters said of his own education. A representative for Standard Chartered said the firm had no further comments on Winters' remarks.

Bill Winters, CEO of Standard Chartered, recently described his MBA from the University of Pennsylvania's Wharton School as "a waste of time." In an interview with Bloomberg, Winters argued that ...