Dr. Eric Neuman Discusses the Current State and Future of the MBA

On this episode of Big Plan on Campus, Thomas is joined by Dr. Eric Neuman. Dr. Neuman is an associate professor of management and director of the MBA program at Creighton University in Omaha, Nebraska. Thomas asks Dr. Neuman about the current state and trends of the MBA program, the benefits of obtaining an MBA and what changes and evolutions he anticipates happening to the program in the next several years.

Dr. Neuman shares the story of how he transitioned his career path as a software engineer into one centered around people, management, and his passion for education. He also educates listeners on the purpose of an MBA, not only on the credentials it provides but and the numerous skills it teaches you, whether it’s extensive problem solving, collaboration or leadership skills. Dr. Neuman then describes the various communication tactics universities like Creighton are utilizing to target potential MBA students and what considerations students should make to determine if an MBA is a good investment for their future. To wrap up, Thomas dives into the definition of opportunity costs and how it relates both to education and financial planning.