Written by: Jonathan Moules
Published by: OZY
MBA News Digest Comment: None.
Extracted Content: Demand for the full-time two-year MBA degree in the core U.S. market has in any case fallen every year for the past five years. Competition has increased with alternative training providers such as Hyper Island and Jolt offering MBA modules via short courses taught at city center venues.
The recent forced campus closures and mass digitization of MBA course teaching has heightened the sense of crisis. Hundreds of existing students have signed petitions demanding tuition fee refunds from Wharton, INSEAD, Stanford and other leading schools. This pressure on schools could lead to the most profound shift in the sector since the Harvard Graduate School of Business Administration — as Harvard Business School was known then — introduced the first MBA program in 1908.