Applications Down for MBA Programs – WSJ Article


A friend of mine emailed me this article and I think it might be of interest for everyone. MIT’s Master in Finance program was mentioned also. The more press the MSF degree can get, the better. With the proliferation of MBA programs out there I think the Masters in Finance is well positioned to be a cheaper and quicker alternative. Let’s keep getting the word out so more people recognize the degree and its value.


” Applications for two-year, full-time M.B.A. programs that start this fall dropped an average of 9.9% from a year earlier, according to new data from the Graduate Management Admission Council, which administers the Graduate Management Admission Test. The decline marks the third year in a row that applications have fallen.

One-third of full-time M.B.A. programs reported drops of more than 10%, according to the survey, which included 649 M.B.A. and other business programs at 331 schools world-wide.”


Interesting trend. If this continues you will only see more of a demand for one year, specialized programs. The cost saved from having one less year tuition, as well as the opportunity cost adds up.


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