Patrick Thomas
speaker
995 appearances
15 recordings
1 series
first heard Jul 2018
last heard May 2024
Patrick Thomas’s voice in public audio — every appearance, attributed to the second.
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Appearances
kind of a differentiator in the market for applicants.
They might be more inclined to go for a program that sets itself apart by catering to workers from a certain type of industry who maybe are older, who just don't have a typical business background.
That could be something that differentiates themselves from other schools when applicants are looking to apply.
Thanks so much for having me.
One of the popular criticisms of an MBA for years was that their curriculum is out of date, that it only focuses on numbers.
Is it worth the cost?
I think programs would point to what they're doing now with some of these new cases as look how up to date we are with current happenings in business and their attempts to modernize to fight that criticism.
Thanks for having me.
So students go to MBA programs for a variety of reasons, whether it's to get new skills, to advance in their current careers.
It's highly encouraged at a lot of Wall Street firms and investment banking, private equity.
Some people go to switch careers if they were in something like teaching or even journalism.
want to go into finance.
They want to go into consulting.
That's a popular feeder from MBA programs is a career at McKinsey or other firms like that.
And that's one of the main reasons why people go is career switching.
And it's a good life reset.
It's two years outside of work.
And at a time when the job market's down, a lot of people use it to kind of reinvent their careers.
Well, if you think about it, a lot of students are kind of going to these MBA programs right now.
Applications are up because their lives were, for many of them, their lives were disrupted in some way by the pandemic or the economic downturn caused by the pandemic, right?
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