I went to business school

About this Video

• Video Title: I went to business school
• Channel: Good Work
• Speakers: Danant Tumi, Darden School of Business students, Adam Grant, Ed Freeman, Jeff Pfeffer, Scott Galloway
• Duration: 00:13:32

Introduction

This video investigates the value and current state of business school education. The creator interviews students at the Darden School of Business, professors from various prestigious universities, and explores the perspectives of both students and faculty on the MBA program's worth, evolution, and future.

Key Takeaways

• MBA Program Popularity and Accessibility: The MBA is a highly popular graduate degree, but access to top-tier programs is limited and expensive.
• Student Perspectives: Many MBA students come from consulting backgrounds and aim to stay in consulting, indicating a potential lack of career diversity post-MBA. The recruiting process is described as intense and competitive.
• Professor Perspectives: Professors highlight shifts in the MBA program's focus, incorporating more ethics and a broader range of career paths beyond finance and banking. The oversaturation of MBA programs is noted, with only top-tier programs offering significant career advantages.
• The Role of Elite Business Schools: Elite schools act as pre-screening mechanisms for corporations, offering a high-quality, pre-vetted pool of candidates, and thereby justifying the high tuition costs.
• The Future of Business Schools: Some experts predict a potential slowdown or decline in the importance of top MBA programs, emphasizing that the value proposition may be weakening.