Orchestra management consultant Drew McManus examines the impact Yale School of Music’s decision to go tuition-free for graduate students would have on the classical music business. Although Yale’s new policy won’t change the landscape of classical music all that much, it does draw attention to an undeniable fact: conservatories and schools of music are accepting and graduating more music majors than ever before. This trend will likely lead to increased competition for positions in professional orchestras and other groups. As a result, more musicians will need to find other outlets for their talents to generate income.
Systems Thinker columnist Bill Harris gives you a chance to try the associated model to explore these ideas further and to try out various approaches to stabilizing the lifecycle of the typical U.S. classical musician.