I saw this on a WSJ blog post today:
"Demand for an M.B.A. has cooled in recent years. But this year, it’s downright frigid in some corners of the market. Applications declined sharply at some elite business schools in 2012, with interest in full-time, two-year M.B.A. programs continuing to show weakness as applicants opt instead for shorter or part-time graduate business programs or forego school altogether in favor of on-the-job learning. . . . Applications for the full-time M.B.A. at University of Michigan's Stephen M. Ross School of Business dropped nearly 17%, to 2,436. New York University’s Stern School of Business reported an 11.5% decline in its fall class, to 3,907, while Yale School of Management’s M.B.A. applications fell by 9.6%, to 2,554 and MIT’s Sloan School of Management saw a decline of nearly 8%, to 4,133."
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