Part One

The State ofMBA Education

To understand the challenges facing graduate business education, one must first understand the underlying forces of supply and demand. The MBA degree may be a highly distinctive product, but it is not immune to the forces of the marketplace. Part I examines these forces at both the macro and micro level. In the process, it provides a comprehensive, fine-grained portrait of the changes buffeting MBA programs today.

Chapter 2 begins by taking a high-level “view from the balcony.” It focuses on three broad trends reshaping graduate business education: (1) the move away from two-year, full-time, in-resident programs and the associated shift toward a more diverse set of offerings, including one-year MBAs, part-time ...

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