MBA schools do well in a slow economy
From Business Week:
The Graduate Management Admission Council (GMAC) said that 77% of business schools surveyed by the group reported an increase in application volume in 2008, up from 64% in 2007. It’s the second-largest year-over-year surge in applications to full-time programs since 2002, and the highest level of increase in five years, GMAC said. And early signs are that the upcoming admissions cycle will continue to be strong.
The strong demand for business school did not surprise admissions officers, who note that applications for MBA programs typically go up when the economy slides. A similar upturn was seen following the dot-com crash earlier in this decade.
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