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It's Official - Applications are Down in Top 10 MBA Programs

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It's Official - Applications are Down in Top 10 MBA Programs  [#permalink]

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New post 01 Oct 2018, 09:51
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It's Official - Applications are Down in Top 10



It looks like even the Top 10 took a hit last year (likely expecting a continuation of that this year)

In the application year ended this spring, U.S. business schools received 140,860 applications for programs including the traditional two-year M.B.A., down 7% from the previous year, GMAC data shows.


Harvard Business School received 9,886 applications for this fall’s entering class, down 4.5% from last year—the biggest drop since 2005. Applications to Wharton fell 6.7% to 6,245. At Stanford’s Graduate School of Business, they slid 4.6% to 7,797. Such top schools are still receiving many more applications than they can accept, but the declines mark a reversal after years of growth.
“People are thinking, ‘Oh my gosh, if the top is struggling to find applicants, what are the rest of us going to do?’” said George Andrews, director of admissions at Rice University’s Jones Graduate School of Business, which saw a 27% drop in full-time M.B.A. applications to 587 this year.


M.B.A. Applications Keep Falling in U.S., This Year Hitting Even Elite Schools
American business schools struggle to lure professionals out of strong job market, face competition from top programs in Europe, Asia, Canada

https://www.wsj.com/articles/m-b-a-appl ... 1538366461


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Re: It's Official - Applications are Down in Top 10 MBA Programs  [#permalink]

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New post 08 Oct 2018, 11:31
Washington Post also published a piece on this:
https://www.washingtonpost.com/educatio ... re-degree/

Interesting piece - ONLY TRADITIONAL MBA programs seem to face decline. Others such as PT and Online programs are holding steady or growing... which those programs tend to be perceived as "lower" quality, which means more people are heading towards non-FT MBA, thus further eroding the MBA name/reputation and thus only further worsening the MBA degree's prospects :(

Quote:
Not all MBA programs face the same headwinds. “The schools that haven’t added concentrations, gone online or offered more flexible pathways to a degree are the ones struggling,” Nancy Albers told me. She’s dean of the College of Business, Education and Human Development at Louisiana State University at Shreveport.

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Re: It's Official - Applications are Down in Top 10 MBA Programs  [#permalink]

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New post 08 Oct 2018, 21:38
bb
I was wondering if you can see any such trends based on users/page views/activity on GMATClub? Is it declining overall? Or is the decline in US programs attractiveness being offset by other regions schools (Europe, Canada, APAC)?



bb wrote:
Washington Post also published a piece on this:
https://www.washingtonpost.com/educatio ... re-degree/

Interesting piece - ONLY TRADITIONAL MBA programs seem to face decline. Others such as PT and Online programs are holding steady or growing... which those programs tend to be perceived as "lower" quality, which means more people are heading towards non-FT MBA, thus further eroding the MBA name/reputation and thus only further worsening the MBA degree's prospects :(


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Re: It's Official - Applications are Down in Top 10 MBA Programs   [#permalink] 08 Oct 2018, 21:38
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