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Economy Sinks, and Applications to Business Schools Soar

When the going gets rough, the rough go to grad school.

Or something like that.

The International Herald Tribune ran an article yesterday about the increase in the numbers of applications to business schools this year. Business schools are a counter-cyclical business: they tend to do well when the economy stinks.

What are students not as interested in studying? Finance.

Where are they less likely to aspire to work? Wall Street.

What are they more interested in studying: management in solid industrial sectors.

Where are they more likely to aspire to work? Singapore and Dubai.

Thanks to Adam Markus for bringing this article to my attention.

Mark Montgomery

Educational Consultant

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