This review has moved, because the answer changed. CTCI now has an official successor, Beyond Cracking the Coding Interview, written by Gayle Laakmann McDowell with the interviewing.io team. Our CTCI coverage now lives in one place: Beyond Cracking the Coding Interview: An Honest Review, which reviews the successor in full and gives the verdict on the original.
The short version on the original: mostly no, now that the sequel exists. Its lasting value was orientation, behavioral frameworks, and the big-O chapter, and the sequel covers that ground with current information and better data. The original's 189 problems, organized by data structure and solved in Java only, should not be anyone's syllabus anymore.
For the problem-prep half the books cannot cover, start free with the pattern guide.