As many students probably have experienced by now is that the way we learn is changing. This can be attributed to a variety of reasons such as innovative technology, online teaching platforms (ex: Udemy, Skillshare and Teachable), self-hosting vloggers, the rise of social media influencers, or simply finding success outside traditional means.
Traditional schools are affected everywhere, one of which are business schools. According to a recent article published from BestColleges.com, there is a visible decline in enrollment in MBA programs.
There are a number of reasons why this could be happening as the article, “The Future of the MBA” discusses. For example, the piece mentions the suggestions: that the MBA has lost its appeal, the lack of matching values in traditional programs that can be found in today’s ideals, or simply that students are unable to stop their career to attend school.
Decades of declining job satisfaction also suggest that many professionals are tired of trading hours for dollars. Instead, they crave specialized, meaningful, and creative work — aspirations not always prioritized by traditional business programs that emphasize the bottom line.
Even though the MBA is still a highly esteemed degree; enrollment has declined in the U.S. Interestingly enough, not only has the MBA program not declined oversees but has increased enrollment for international business schools between 2016 and 2017.
The article also mentions that American students are leaning more towards nontraditional business programs that are affordable and flexible with MBA options much like Coastline’s program offerings.
Want to learn more about the future of MBA program? To see the full article, visit Best Colleges.