B school apps for next year?
Sandy, what do you expect applications to top Bschools to look like NEXT YEAR? I assume they will be even higher than this year because of subprime fallout, but just wanted to get your take. I think we’re on an up-trend the next few years.
ALWAYS hard to predict, but sure that guess is a good starting point. There are always demographic and international trends to consider, both US VISA issues for Internationals,and now the beginnings of new B schools in Russia, India, and sister programs in China etc. Those new schools can impact US application numbers. If the dollar remains cheap, that may be US B schools biggest draw over the next several years. Subprime mess is double edged sword, while it wrings out IB types who now look at 2yrs at B school as a GREAT idea, it also tarnishes the enterprise, and Business just becomes less attractive as a career. Also, IB may hire less, at both college and B school level, and that has domino impact b.c. banks often use consultants, etc. so THEY hire less, and POOF, you start hearing stories about how hard it is to get a job, esp. at non Tier 1 schools (however defined) yadda, yadda, and that aint good. One is surprised at how accelerated all this becomes, impacts which used to take 1- 2 years to develop now happen in 6 months, etc. etc.
