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Reply to "Would you get an MBA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There is a headline that 24% of the 2024 Harvard MBA class still doesn’t have a job. Thats the worst of any of the top 10, though MIT is at 22% and 2nd worst. Apparently, the folks trying to change industries are having the hardest time vs the ones that worked in banking and now want to work in PE (as an example).[/quote] This. It could be useful but the MBA market has not been good. Some of these factors seem structural rather than cyclical so I would assess in a few years.[/quote] PP. The Economist just covered this. https://www.economist.com/business/2025/01/14/why-elite-mba-graduates-are-struggling-to-find-jobs “At the top 15 business schools, the share of students in 2024 who sought and accepted a job offer within three months of graduating, a standard measure of career outcomes, fell by six percentage points, to 84%. Compared with the average over the past five years, that share declined by eight points. Some declines are jaw-dropping. The Massachusetts Institute of Technology (mit) has a decent claim to be the world’s top university. But at its business school, named after Alfred Sloan, a giant of the car industry during the 20th century, the wheels are coming off. During the decade to 2022, on average 82% of its students searching for a job had accepted one at graduation, and 93% had done so three months later. In 2024 those figures were 62% and 77%, respectively. At some elite schools the reality may be even worse than it looks. One professor worries that some students who are counted as entrepreneurs are in fact unemployed.”[/quote]
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