WrittenPublished by: AACSB Blog
MBA News Digest Comment: This piece was originally submitted to Forbes as a letter to the editor in response to the article “It’s Official: The MBA Degree Is in Crisis.”
Extracted Content: Contrary to recent opinions on the decline and “crisis” of the MBA, business schools are on the forefront of innovation, generating creative opportunities to deliver the education both students and employers want.
John Byrne’s recent article in Forbes, “It’s Official: The MBA Degree Is In Crisis,” misleads readers about the state of the MBA for a number of reasons. The title itself is misrepresentative of the business education industry, as the article focuses on the top 10 business schools and the decline in applications—not enrollments—in full-time programs MBA over the past two years. It also neglects to mention some of the larger trends happening as a result of business schools innovating and adapting to the needs of students and employers.