The University of Illinois’ Gies College of Business has become the latest school to announce that it is getting out of the full-time, on-campus MBA market. Instead, Gies will focus more aggressively on its online MBA option, the $22,000 iMBA, which has seen big growth since being launched in 2015 .
. Applications to Gies’ full-time program fell to 290 this year from 386 in 2016. The school actually enrolled fewer than 50 full-time students in each of the past three years. Even when apps were nearly 100 higher in 2016, Gies was only able to enroll a class of 47 students. You can blame four things for the fact that there are fewer MBA applicants in the full-time pipeline:2. The rising cost of MBA programs and the unwillingness of many Millennials to go into substantial debt to get the degree.
4. A greater number of shorter, cheaper alternatives to a two-year, full-time MBA program, from one-year and online options to specialty master’s degrees in such subjects as data analytics and entrepreneurship.
MBA has become a joke.
Donald Trump is a problem factor in everything 😢😢😢
After receiving a BABA, I noticed that the info that was taught was extremely general. It's like the program just beat around the bush so that students were encouraged to get their MBA when it could have been teaching concepts alongside applicable skills.
Thanks for recognizing Donald Trump is bad for business.
MBAs are too general now days. More schools should offer MSF, MAcc or new specialized master’s programs.