Business Schools See Broadest Increase in Applications Since the Recession

Traditional business school programs are experiencing the strongest level of interest from U.S. applicants since 2009, a new report shows. Fifty-nine percent of U.S. business schools said applications to full-time, two year MBA programs from Americans increased over last year, as reported in a survey of hundreds of programs conducted by the Graduate Management Admission Council, the body that administers the main business school entrance exam.

Domestic candidates still make up only 45 percent of the total applicant pool for U.S. B-schools. The majority of MBA programs globally said that applications were up year-over-year and were higher than a decade ago. In a year in which fewer people applied to law school than at any point in the last three decades, B-Schools seem to be an increasingly popular destination for career-minded professionals seeking a graduate education.