FT Video on B-Schools and Jobs for MBA’s

March 2nd, 2009

As I mentioned several weeks ago (see Visit to the FT), I recently spent some time with Adam Jones, author of the FT Management Blog, and Business Education Editor at the Financial Times. Adam conducted a brief interview in which we discussed Business Schools, and job prospects for Business School graduates. The interview appeared in the on-line version of the Financial Times 2009 Business School Rankings.

Below is a brief overview of my comments.

On applications:

  • applications to full-time MBA programs near all-time highs
  • applications to Ph.D. programs near all-time highs
  • applications to corporate-sponsored, and executive, programs way down

On job prospects:

  • the current job market (for 2009 graduates) is extremely challenging
  • the job market for 2010 graduates will likely be worse
  • the job market for 2011 graduates is uncertain but likely difficult, as the post-recession recovery will be slow

On majors, course selection, and job opportunities for finance students:

  • finance students are becoming more flexible (looking in consulting, general management, accounting, and other fields)
  • finance students are looking in non-traditional markets (Dubai, Abu Dhabi, continental Europe, and Asia)
  • increasing interest among students in general management courses, and in general management as a major

As promised, a link to the web page with full video is below. Unfortunately, the Financial Times would not allow me to embed the video on my site.

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