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Posted September 28, 2012 by

B-School Applicants Decline: Damn Shame or About Time?

Mark Mehler and Gerry Crispin of CareerXroadsBy Mark Mehler and Gerry Crispin of CareerXroads

The B-school numbers are in and they aren’t pretty according to this recent WSJ article by Melissa Korn. 69% of the F/T, two-year MBA degree programs in the US experienced significant declines in 2012 while 79-80% of the schools in Asia (Pacific Rim and Central Asia respectively) experienced gains. Globally the drop-off is 22% after a decline of 10% last year.

While some of this can be attributed to a return to normalcy after significant gains by B-schools during the financial crisis, you also have to wonder about the continuing value of the product exiting the many hundreds of schools granting these degrees. (more…)