Business School: Experienced Applicants Only

Over the past few decades, work experience has increasingly been a factor in MBA admissions, with many business schools now expecting applicants to have a minimum of five years before applying. In the 1960s and 1970s, most students pursued their MBA immediately after their undergraduate program. Ten years ago, the average age of a first-year MBA was 25. Today it is 28. While this has enhanced the profile of many business school classes (in terms of higher salaries and positions), the net impact on students has not been adequately determined.

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