“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)
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?