Applications to full-time M.B.A. programs in the United States and abroad declined this year for the third straight year, according to a report released today by the Graduate Management Admission Council.
At the same time, applications to part-time programs remained the same or rose slightly, a trend the council attributes to workers’ reluctance to quit their jobs to attend school full-time.
“In this prolonged economic downturn, many people are making the economic decision not to leave the work force for two years, but to continue working and attending part-time programs,” says Robert Ludwig, a spokesman for the council, which administers the Graduate Management Admission Test that most top M.B.A. programs require for entry.
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