Rethinking the MBA

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 ...