Content written by Benjamin Glick and published by Middle Market Growth
MBA News Digest Comment: None.
Extracted Content: Once considered the primary instrument for professional advancement, graduate business degrees have seen declining student interest despite evidence linking them to higher salaries. In response, universities are adapting their programs for emerging fields and offering cheaper alternatives in an effort to shore up application figures.
For the third year in a row, a majority of full-time two-year graduate business programs in the U.S. reported a decline in applicant volume, dropping 6.6 percent in 2018 from a year earlier, according to a survey published by the Graduate Management Admission Council, a nonprofit that oversees the GMAT admissions exam used by graduate management programs.