As anyone who has an antique MBA (from 1981) and has trained MBAs for nearly thirty years, I have already been spending the last few months thinking about the implications of the market problems for MBA programs internationally. After decades of almost continuous growth in business institutions, we are starting to look at not a mature phase but potentially a phase of decline just.
Using the same principles that people so blithely recommend that companies facing similar challenges should follow, it is time for action. Knowing how gradually academia goes, I am not hopeful. 1. The growth in the demand for MBAs has been inextricably linked with the development in the financial services sector. Quite a few incoming MBA student has left good jobs as engineers, salespeople, or analysts another to business school, to make the transition to the richer pastures of investment banking.
Those pastures are not only looking smaller and less attractive now than they used to be but will probably stay that way for an extended period. 2. As teachers at business institutions, it looks like we failed the test. After all, a few of our best students were at the helm of the institutions that drove us from the cliff.
- Reduces financial panic
- Withdrawal: Minimum lock-in of 3 years
- 8863 Education Credits
- User statistics
- Elevate to an increased authority
- Produce visual support tools that are works of artwork
- 14% VEUR FTSE Developed Europe
- 5 3.92% 17.66% 14.49% 3.17%
1. Prepare for significantly less demand for MBAs …