Will there be more or fewer applications to business school this Fall?
I'm curious as to whether there will be more or less demand for a top MBA this fall. I could certainly see it going both ways but curious to see what this site thinks or what people have heard from friends / colleagues.
Reasons for more applications:
Applications to business schools typically rise in a crisis, and we're certainly in one and will be for at least another year
People are prompted to change industries as as result of something they learned / saw over the past few months and see b-school as the best way to do so
Reasons for fewer applications:
Cost of an MBA might not be worth it now, especially if schools increasingly rely on the digital and don't subsequently cut tuition costs
International student applications will probably be at an all-time low
What other drivers am I missing?
In my opinion, Top b schools will never run out of applicants. They will always have high quality candidates becuase of the quality of education. Where I think schools will get burned is when you fall outside of the top 20. I just see no major differences after the top 20 other than location. So I am sure these schools will struggle.
I agree, but how much of that is impacted by the coronavirus crisis and how much of that decline already existed?
If the T7 came out and said they thought in-person learning was dead and that the entire experience would be digital-only, then there would likely be fewer applications, but barring that, I agree that there will always be a large pool of applicants.
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