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every issue the TopMBA Career Guide presents a series of FAQs (frequently asked questions) of
relevance to MBAs and the MBA industry. This month the Guide’s editor ross Geraghty answers
questions put to him by Miguel Camus, a journalist at Business Mirror in the Philippines
Is the MBA industry still growing or to find new and innovative ways of developing using their MBAs in social- or environmentally-
contracting? What are the key trends? their courses to make their graduates stand out to beneficial causes.
Current trends might surprise some readers. employers.
In fact, partly due to the credit crunch in the US, Other trends have seen a big development in Would you say an MBA is still significant in
business schools are experiencing a spike in the numbers of people interested in Executive today’s business environment? Do companies
applications as many people feel they want to sit MBAs (EMBAs), principally targeted at an older still seek MBAs for their employees?
out the possible recession, get their MBA and then and more experienced age group who may not A recent survey by Professor Monika Hamori
return well prepared for the inevitable upswing in have had the chance to do an MBA before. We are at IE Business School in Spain (see page 28) shows
a year or two. Rumours that the industry is also seeing an increasing number of women that 38% of US and 16% of European CEOs have
contracting are unfounded at this point. However interested in the MBA, an increase in the number MBAs, and this figure is on an upward trend.
it is expected that, in a few years’ time, the of US and European students considering studying Below CEO level, more managers than ever
proliferation of business schools might flood the overseas in places such as Asia; and a radical before have learned from the benefits of the MBA,
market with MBAs and schools will therefore have increase in the number of MBA graduates who are bringing a ‘general management’ principle to their
60 TopMBA CAreer Guide
www.topmba.com
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