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
that is just a panel of CEOs from places like Johnson & Johnson and Vail Resorts, which their whole business is shut down right now, and that's a huge crisis.
And it's just them coming in and talking to students of, this is our crisis, we've been going through this for months, here's how we're dealing with it.
So these current crop of students are kind of coming in and getting crash course in crisis management and kind of observing what business leaders are doing with hindsight
what may be working, what's not working.
One professor at Harvard told me, this is an opportune time to get an MBA right now because you can kind of look at everything going on and study the whole picture of how the pandemic is changing business.
For a lot of students, that's probably going to be a real benefit for them.
it seems more like just something they ought to do as MBA programs.
The pandemic is very much a management issue, and what better place to study some of these management issues than an MBA program?
The cost of an MBA is very high, and this is one of the justifications of it.
You get the benefit.
If you're going to pay $200,000, which some programs do cost that when you factor in cost of living, then it should pay out, and this is one of the ways
it kind of does benefit.
In two years, you get to take two years out of a stressful job market and kind of study what's going on and come out of it with a chance to restart your career.
It's definitely one of the pricier graduate degrees, especially because it's two years.
And that's double the tuition of a lot of one-year masters.
But the salary survey in September shows that the salary benefits are higher than other masters.
So you kind of have to balance those two.
It's why a lot of experts suggest people should go get an MBA in their late 20s.
because you have a higher earnings potential.
You have more years to keep your salary going up and make that money to pay off the higher debt load as compared to other master's degrees.
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