{"id":293436,"date":"2024-10-23T19:29:03","date_gmt":"2024-10-23T19:29:03","guid":{"rendered":"https:\/\/newhampshiredigitalnews.com\/index.php\/2024\/10\/23\/student-demand-for-an-mba-is-surging-but-that-might-be-bad-news-for-the-u-s-economy\/"},"modified":"2024-10-23T19:29:03","modified_gmt":"2024-10-23T19:29:03","slug":"student-demand-for-an-mba-is-surging-but-that-might-be-bad-news-for-the-u-s-economy","status":"publish","type":"post","link":"https:\/\/newhampshiredigitalnews.com\/index.php\/2024\/10\/23\/student-demand-for-an-mba-is-surging-but-that-might-be-bad-news-for-the-u-s-economy\/","title":{"rendered":"Student demand for an MBA is surging\u2014but that might be bad news for the U.S. economy"},"content":{"rendered":"


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A new report shows there is surging student demand for an MBA degree. Between 2023 and 2024, the number of total applications to U.S. MBA programs<\/a> rose by a staggering 11%. That\u2019s after two consecutive years of declines, according to a survey released by the Graduation Management Admissions Council (GMAC).<\/p>\n

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Full-time MBAs experienced the largest share of growth in the past decade, with 80% of two-year programs worldwide experiencing application increases. Moreover, two-thirds of flexible and online MBA programs<\/a> saw application upticks globally.<\/p>\n

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Historically, MBA application trends<\/a> have run counter-cyclical to the U.S. economy, meaning when the job market is not faring well\u2014and taking time off for school is less risky\u2014more individuals seek out graduate business education to learn new skills.<\/p>\n

However, while the national unemployment rate remains low at 4.1%, it remains challenging for many young adults to find jobs<\/a>.<\/p>\n

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