Business Schools are shutting down their MBA programs in US..When will this hit India?

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“You can blame four things for the fact that there are fewer MBA applicants in the full-time pipeline:

1. The strong U.S. economy.

2. The rising cost of MBA programs

3. Donald Trump who has scared off thousands of international candidates who had been helping to offset a continual decline in domestic applicants for a number of years.

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”. (via)

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The reality is that MBA has very little RoI – it is the costliest insurance program ! How many years, will it take for Indian B schools and students to realize the same? It has already started with Engg colleges.

What’s the future of higher education in India? Skill driven? What sort of skills?

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