Business School Trend - 2009 Vs 2010

2009 was not an easy year for Business Schools.  The initial part of 2009 saw a record increase in application. However, by mid 2009, applicants realized that getting funding would be the biggest challenge than getting into a top business school. This has led to a low conversion from application to joining the MBA Program. Although the amount that top business schools get for their scholarship funds as Gifts have dropped considerably, the partnerships that these Business Schools have developed with financial institutions, did help them to find loans for their students.

This has posed a serious challenge to lesser-known schools, who have struggled to find financial partners. Expectedly, 2010 saw an increase in application for top Business Schools. But the lesser know schools are trying to differentiate itself with innovative curriculum, especially by incorporating sustainability, green business and ethics into their core courses. Those schools that were less dependent on consulting and finance jobs for their placements have been successful in maintaining their ranks.

2010, would see a similar trend as in 2009 but students are hopeful that govt. and financial institutions would be a little more lenient in providing loans. Some schools have collaborated with private loan providers, who provide student loans based on their future earning capacity and not on their credit history.