Last month, in what Inside Higher Ed called a watershed moment, it was reported that in the United States, the number of full-time, online MBA students eclipsed that of those studying on campus during the 2020–21 academic year. The data, provided by the Association to Advance Collegiate Business Schools (AACSB), shows that 45,038 students were enrolled in online programs in the U.S. last year with 43,740 in person. In an interview for Forbes with John Byrne of Poets and Quants, Will Geoghegan, chair of the Kelley Direct Program at Indiana University's Kelley School of Business, identified four trends in graduate business education behind the phenomenon: better recognition of the online MBA, significant technology advancements, enhanced in-person experiences in online programs, and lower opportunity costs.
MBA students this year are facing a job market so hot that offers are already being made before they even set foot on campus, reported the Wall Street Journal earlier this month. With record-level openings created by the COVID-prompted “Great Resignation” in the United States, recruiters recognize the unmistakable talent in the incoming cohort of business schools and rush to secure the employment of these candidates, among whom women and underrepresented minority groups are especially the targets of intense recruitment competition as companies shift their focus to build more diverse and inclusive workforces.
The debate on whether standardized testing should be included in the college admissions process made headlines again last month when the Massachusetts Institute of Technology bucked the trend, announcing its decision to reinstate the requirement for SAT or ACT scores as part of its admissions mandate, shifting away from the pandemic-induced test-optional policies. Given its reputation and prestige, this decision had serious ramifications and generated much discussion amongst students and schools, as indicated in a Washington Post article.