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Interesting article – “A Brutal Wakeup Call for Part-Time B-Schools”

by | Dec 6, 2009 | Bschool admissions, Business School, interesting articles, mba | 1 comment

Hey, everyone. Almost all of my entries are aimed toward people interested in full-time MBA programs because that’s who the bulk of my readers are. That said, I realize that some of you may be thinking about part-time programs, so, when I saw this article, I knew that I should pass it along. The article is a recent piece from BusinessWeek.com describing how executive MBA and other non-degree executive education programs are being impacted by the current down economy. It’s a really interesting read even if you don’t have your sights set on a part-time program.

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Title: “A Brutal Wakeup Call for Part-Time B-Schools”

Author: Geoff Gloeckler

Source: BusinessWeek.com, http://www.businessweek.com/magazine/content/09_46/b4155048800331.htm?campaign_id=rss_topStories

Excerpt from intro text:

“In fact, nothing about this year was part of the plan for a host of MBA programs that cater to working professionals and students like Lum. It has been a year of transition for executive MBA programs, which serve senior managers attending on weekends; part-time MBA programs, which allow mid-level managers to take courses on nights and weekends; and non-degree executive-education classes of a few days or weeks.

Once designed to give promising managers some high-level training and then return them to the corporate fold, part-time and executive MBA programs have been transformed entirely by the economic downturn. The generous corporate sponsorship Lum received is now more the exception than the rule, and far more students use the programs as transitions to new jobs or even new careers. As a result, students are expecting the kind of job-placement services usually reserved for full-time students to help them on their way. With virtually no programs offering such support, student satisfaction has plummeted across the board. Worse, applications are down dramatically for both types of programs, in large part because of reduced corporate support. Nearly half of all EMBA programs and part-time programs reported a decrease in 2009, according to the Graduate Management Admission Council. “