Business Schools Come of Age
Eyes on the future: older people are returning to business school to ensure they remain employable
Medical advances that have led to better health in older age, combined with a turbulent stock market that has put a serious dent in personal pensions, mean individuals are living and working longer.
This demographic trend has had an unexpected beneficiary: business schools. Not only are today’s older workers looking for additional training and credentials to ensure they will be considered for assignments and promotions, but employers also want their seasoned workers to remain engaged and productive.
“We didn’t chase an older demographic as a differentiator,” says Jonathan Lehrich, Sloan’s EMBA programme director. “We think these people are exciting to teach. Why would we not take advantage?”