Surge in MBA Applications: Economic Uncertainty or Evolving Business Landscape?

- A new report reveals an 11% increase in MBA applications between 2023 and 2024, following two years of decline. - Full-time MBAs saw the largest growth, with 80% of two-year programs worldwide experiencing application increases. - Historically, MBA application trends have been counter-cyclical to the U.S. economy, indicating a possible economic downturn. - The rise in applications is attributed to economic uncertainty and a more competitive job market, leading individuals to seek further education. - Despite the increase in applications, top business schools like Harvard have not necessarily increased their class sizes. Source: [Fortune](https://fortune.com/education/articles/mba-application-rise-gmac-trends/)