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
You take two years out of your career, you leave your job, you move somewhere new, and with all those expenses combined, it can cost up to $200,000 in some cases.
This can be a little more than $20,000 at some schools.
Students like the price, and they like the flexibility, and it's getting more competitive.
from the school standpoint, which benefits the students.
From the school standpoint, schools have faced declining applications for MBA programs for a while.
And this is just another avenue to bring in more students and to attract more students.
It takes a little while for it to be profitable.
You have to really build up the scale.
You have to have a larger number of students because the price point's a little bit cheaper.
But the schools really like it.
It's a new way for them to expand and grow.
Yeah.
As I mentioned, you really have to build up the scale.
You have to spend a lot of money in terms of advertising the online.
Once you start it, you have to market it to everybody.
You have to train your faculty to teach online.
You might have to invest in new technology.
Those expenses really add up.
Sometimes it can be more expensive to deliver in some cases.
It's tough to tell at this point because, as a lot of employers have indicated, they're really uncertain about their hiring plans at the moment.
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