

Rerun: Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan
9 snips Jul 2, 2025
Madhav Rajan, Dean of the Booth School of Business, brings a wealth of experience from Stanford and Wharton. He discusses the decline of traditional full-time MBA programs as students seek more flexible options. The conversation shifts to the evolving MBA curriculum, emphasizing practical skills over technical finance. Rajan also explores the innovative modular MBA concepts and the increasing importance of networking within MBA programs, highlighting how these factors influence fundraising and career opportunities in today's job market.
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MBA Decline Linked to Costs and Location
- The decline of full-time MBA programs is due to students' unwillingness to leave jobs and relocate to less industrially dense areas.
- Students prefer top-tier schools for MBA to justify the high opportunity and monetary costs.
MBA Shift From Rigor to Experiential
- MBA curricula have shifted from technical rigor towards practical, experiential learning aligned with current job market demands.
- Students now prefer skills pertinent to jobs in private equity, venture capital, and asset management over deeply technical finance concepts.
Bifurcation of MBA Market
- The MBA market has bifurcated: technical finance roles are now mostly pursued via specialized masters at undergrad level.
- MBA students increasingly aim to manage technical teams rather than perform technical tasks themselves.