Business-school applications pick up as the economy slowsANYONE wanting further proof that the world economy is in trouble need look no further than the nearest business school. Many schools are hailing a bumper year for their full-time Master of Business Administration (MBA) programmes, which are popular with executives looking to hone their moneymaking skills while sitting out a downturn. Worryingly for those betting on a swift economic recovery, business schools reckon that next year could yield an even bigger crop of applicants.During the previous downswing the percentage of full-time MBA programmes reporting higher applications soared as tech stars switched to textbooks (see chart). The pace slowed as the economy improved, but then picked up again. Preliminary figures from the Graduate Management Admission Council (GMAC), an international organisation of business schools, show that 77% of full-time programmes have reported higher demand for places this year. ... ...
Anytime
Business-school applications pick up as the economy slowsANYONE wanting further proof that the world economy is in trouble need look no further than the nearest business school. Many schools are hailing a bumper year for their full-time Master of Business Administration (MBA) programmes, which are popular with executives looking to hone their moneymaking skills while sitting out a downturn. Worryingly for those betting on a swift economic recovery, business schools reckon that next year could yield an even bigger crop of applicants.During the previous downswing the percentage of full-time MBA programmes reporting higher applications soared as tech stars switched to textbooks (see chart). The pace slowed as the economy improved, but then picked up again. Preliminary figures from the Graduate Management Admission Council (GMAC), an international organisation of business schools, show that 77% of full-time programmes have reported higher demand for places this year. ... ...