IF THE MBA IS THE GOLD STANDARD, WHY ARE THE NUMBER OF STUDENTS DROPPING DRAMATICALLY?
A master’s degree in business administration. Just a few years back, colleges began seeing this as a cash cow. Anyone who wanted to climb the corporate ladder felt it was a prerequisite to that end. So these programs sprung up everywhere trying to satisfy the demand for it. These programs were customized to meet the needs of those just out of college, as well as those already in business. Most recently, the bottom seems to have dropped out of this market. There are many reasons for this. Chiefly among them are the improving economy and more desirable programs in technical fields of business, like data science and supply-chain management. We explore this dramatic trend with David Cadden, professor emeritus of business at Quinnipiac University.