Why Business Schools Are Shutting Down Their MBA Programs

The University of Illinois’ Gies College of Business has become the latest school to announce that it is getting out of the full-time, on-campus MBA market. Instead, Gies will focus more aggressively on its online MBA option, the $22,000 iMBA, which has seen big growth since being launched in 2015 .

. Applications to Gies’ full-time program fell to 290 this year from 386 in 2016. The school actually enrolled fewer than 50 full-time students in each of the past three years. Even when apps were nearly 100 higher in 2016, Gies was only able to enroll a class of 47 students. You can blame four things for the fact that there are fewer MBA applicants in the full-time pipeline:2. The rising cost of MBA programs and the unwillingness of many Millennials to go into substantial debt to get the degree.

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.

I laughed aloud at the online $22000 iMBA courses part. I recommend evacuating the Queens area near Manhattan if the home address my younger sister told my family was true.

Because they don’t add value?

Doubt that Trump is to blame for students not coming to the US to complete MBAs. Specially since they are taking the online MBA option. Much better to stay in your home country and still get the MBA. I wonder how they obtain that data? May e they asked for what they wanted.

Link doesn’t work 🤷🏾‍♂️

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Dear Forbes, fix the link please

Where’s your website?

Just tried again..bad link

This is the link to the landing page:

Your website is down. Again.

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