MBA News: New York Times Blog Reports on MBA Applications as an Economic Indicator

This morning, the New York Times Blog reported on the challenging economy as it pertains to MBA application volumes. What was not surprising is that NYU and Chicago are reporting a surge in interest in their informational events and that GMAT volumes are reportedly up by 11%. What is surprising is that Stanford’s Admissions Director, Derrick Bolton, is calling the number of applications “pretty standard” and suggests that demographics drive applications more than economics. Maybe the numbers during a recession are “standard.” we have to imagine that Stanford is experiencing a surge, but only time will tell…