Saturday, 9 August 2008

MBAs as economic indicator

The graph below comes from the Daily chart section of the Economist magazine and shows that a slowing world economy is good for business schools. And, as the Economist points out, if attempts to gain admittance to MBA courses are a useful indicator of economic activity then the global economy is in for a rough future too. Applications next year are expected to climb even higher. So the more MBAs, the worse the global economy.

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