The other day, a leader at one of the world’s most prestigious business schools revealed an unexpected development.
“We are past peak MBA,” Julian Birkinshaw, vice dean at the London Business School told the FT. It turns out that people worldwide want shorter courses than the traditional two-year MBA, which is unsurprising considering how much these qualifications can now cost. The LBS version requires ￡115,000 for fees alone, up from around ￡80,000 in 2018, and that is before living expenses and lost earnings.
For reasons I am not proud of, I found this news of the MBA’s fall from past glory pleasing.
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