Re:Elite MBA Programs Report Steep Drop in Applications
by refurb on Tuesday October 15, 2019 @10:47AM
(#21258981)
This is exactly what happened in 2008. When job prospects suck, it’s a great time to go back to school.
When the economy is hot, it’s not a good time. It’s not that unusual for people to not finish their MBA during these times. Connect with the right company over the summer and just stay. Most MBA schools make it super easy to come and finish up your degree.
Re:Elite MBA Programs Report Steep Drop in Applications
by dpflan on Tuesday October 15, 2019 @10:06AM
(#21258462)
This seems like a good point; (speculating) especially if an MBA is viewed asa means to earn more in a declining economy. I don't know much about the programs and the expected increase in salary upon completion.
Re:Elite MBA Programs Report Steep Drop in Applications
by brixon on Tuesday October 15, 2019 @10:20AM
(#21258622)
MBA or other Master's degrees are ways to buy time to wait out a bad economy.
Re:Elite MBA Programs Report Steep Drop in Applications
by tossaway1717 on Tuesday October 15, 2019 @10:17AM
(#21258578)
Under what measures is the economy doing “very well”?
I see low unemployment rates as one indicator of good economy, but otherwise we have low labor force participation, low wage growth, low GDP growth (lower than the annual deficit). The S&P 500 is in an earnings recession.
https://www.marketwatch.com/story/the-sp-500-is-in-its-first...
Currently, the economy is doing very well, so people are less inclined to go back to school. Once the economy turns and unemployment rises, then I'm sure the MBA applications will rise.