The Future of MBA Education

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 14 February 2018

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott DeRue, the dean of University of Michigan's Ross School of Business, says the old model of business school education is gone. It's no longer good enough to sequester yourself on campus for two years before heading out into the world of commerce. DeRue discusses how the perceived value of an MBA education is changing in the digital era, and how MBA programs are innovating in response to individual and company demands.

Transcript

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0:00.0	How do you navigate gender in your workplace?
0:04.0	HBR's fan favorite podcast Women at Work is back with personal stories, the newest research,
0:09.2	and practical advice on navigating disability, career failures, and joining a board.
0:14.0	Listen for free to H.B.
0:15.0	Women at Work, wherever you get your podcasts. Welcome to the HBR Idea Cast from Harvard Business Review. I'm Kurt Nickish in for Sarah Green
0:37.0	Carmichael.
0:41.0	It was back in 1908 that several dozen students were the first class of the
0:48.6	Harvard Graduate School of Business Administration and over the the century, the Master of Business Administration has become a force in commerce,
0:58.1	with degree programs around the world and new trainings for executives deep into their careers.
1:03.8	Now in its second century, the MBA continues to evolve and grow online.
1:09.8	At Harvard Business School there's HBX, Advanced Business Education Reimagined for the
1:15.8	Digital Age.
1:16.8	Today we're talking about the future of the MBA, with Scott Daru, the Dean of the University of Michigan's Ross School of Business, and he may
1:26.0	have a fresher perspective than most B-school deans.
1:29.6	He took the helm when he was just 39 years old. Scott, thanks so much for coming in and talking
1:35.7	with the HBR Idea cast. My pleasure, Kurt, I'm looking forward to it. So I have to ask if your perspective on the future of the MBA is any different because of your age.
1:54.4	Ah, so I'm not sure it's about age for me as much as it is about my prior career in the private sector.
2:04.0	I have to just jump in because you're talking about your prior career,
2:07.3	but you went into the private sector,
2:10.2	then got your degree and taught in an MBA program.
2:14.0	You also managed to climb Mount Everest in the meantime too
2:17.0	and then became D in at 39.
	...

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