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‘It’s a huge loss’: Can elite business schools survive coronavirus?

The real value of an MBA is social, not educational. Is it still worth six figures when the classes are online? An open secret about business school, conceded by most graduates after a drink or two, is that you aren’t spending $200,000 for the education. Sure, a good program will teach students technical...
The real value of an MBA is social, not educational. Is it still worth six figures when the classes are online? An open secret about business school, conceded by most graduates after a drink or two, is that you aren’t spending $200,000 for the education. Sure, a good program will teach students technical skills, like how to read a 10-K or employ the case method. But the real value of a top-tier MBA is more intangible. It’s the shared language and lifelong bonds, forged over late nights at the library and at local bars, that form the invisible superstructure of the technocracy. It’s the passcode that expedites your interview at Google or Goldman Sachs.Read Full Story
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