MBA News: Full-Time MBA Applications Up for Second Year in a Row

According to statistics released recently by the Graduate Management Admissions Council (GMAC), applications to full-time graduate programs are up for the second consecutive year.

The 2014 Application Trends Survey—which contains data from more than 300 schools and nearly 750 graduate business and management programs worldwide—shows that 61% of two-year, full-time MBA programs report growing or stable application numbers for 2014 – 2015 (up from 50% of schools reporting growth last year).

This development offers encouragement to B-school deans worried about the rising popularity of online offerings. In an interview with the Financial Times after the report’s release, GMAC president Sangeet Chowfla stated, “This echoes other research that tells us how highly students value their two-year MBA degrees for the personal, professional, and financial advantages it conveys.”

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