You wouldn’t know it from looking at MBA programs at schools such as Stanford, where selectivity is typically in the single digits, but this year may have been one of the easiest on record for getting into some business school programs.
According to new research published today by the Graduate Management Admission Council (GMAC) two-thirds of the two-year, full-time MBA programs surveyed saw a decrease in applications for 2011, while more than half of part-time and executive MBA programs reported application volume that was either up or flat.
In a press release, GMAC President and CEO Dave Wilson said economic uncertainty was the reason.
“The caution in this year’s survey for full-time MBA programs is unsurprising in the current economy as students weigh the financial and time commitments required to pursue a graduate business degree,” Wilson said.
Read the full article: MBA Applications Down