M.B.A. Applications Continue to Decline, But Some Business Schools Prosper

DENVER, Oct. 10, 2018 /PRNewswire/ -- Graduate business schools in the United States are seeing a major drop in applications. According to a survey of 1,087 graduate business programs by the Graduate Management Admission Council, 70 percent of two-year, full-time MBA programs in the United States saw a decline in application volume this year.

Even the most prestigious institutions were not immune.  According to The Wall Street Journal, Harvard Business School saw a 4.5 percent decline in applications, Stanford's Graduate School of Business saw a 4.6 percent decline, and Wharton saw a 6.7 percent decline.

While there can be numerous reasons for such a decline, many credit the dip in applications to a potential decline in the value-added ratio— the bump in salary associated with earning a degree compared with the cost of tuition — of an MBA. 

Dr. Laura Pogue, Dean of the Deming Graduate School of Business at William Howard Taft University commented, "With the booming economy in the United States and the shortage of managerial talent, many prospective students just can't justify the tuition costs and the lack of flexibility in most MBA programs."

William Howard Taft University has seen enrollments grow by keeping tuition low and offering students more flexible study schedules.  By way of example, Taft is presently offering a special grant program where students who meet certain performance standards can earn their MBA for less than $6,200.

Taft's MBA is offered 100% online with no residency requirements.
Taft's MBA program offers an excellent return on investment and value-added ratio.

About William Howard Taft University
Since 1984, William Howard Taft University (www.taft.edu) has offered distance education degree programs to students throughout the world.  Presently, the University offers programs in business, education and taxation.

The University is an educational division of The Taft University System (http://www.taftuniversitysystem.edu/).  The Distance Education Accrediting Commission is listed by the United States Department of Education as a recognized institutional accrediting agency for distance education. The DEAC is also recognized by the Council for Higher Education Accreditation (CHEA).

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SOURCE William Howard Taft University

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