B-Schools Feel the Effects of SARS
Until a couple of months ago, the soft job market was the worst crisis most business schools had faced in years. Then came the outbreak of severe acute respiratory syndrome (SARS). In less time than it took the U.S. to invade Iraq, SARS and the efforts to contain it have wreaked havoc on at least six B-school programs with overseas campuses or study-abroad curriculums. Though the financial damage has been modest so far, the affected schools could suffer significant setbacks should SARS spread and the crisis continue.
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