MBA applications have already staged a rebound at many business schools. Expect the trend to continue big time this coming year
Not all that long ago, several business schools were closing down their full-time residential MBA programs. For several years, most schools reported declining interest in a graduate program that would require them to quit their jobs and spend two years on a business school campus.
Well, that was yesterday. With the pandemic recession in full bloom, business schools all over the world are reporting big increases in applications, particularly at schools that extended their application deadlines last spring with the outbreak of COVID. The rebound has led a number of schools to enroll record numbers of incoming students this fall.
Many MBA programs have already seen double-digit increases in apps, reversing several years of decline. A few highly prominent schools, in fact, have already reported new records in MBA