Is there a drop in MBA admissions this year as compared to previous years?
Do you think that there are fewer students enrolling for MBA programs in 2020 as compared to previous years? What could be the possible reasons for this is analyzed in this thread.
An MBA degree is considered to be prestigious that will provide an asset to the company and because of this most graduates, especially with an engineering degree, are attracted to this degree without any goal or second thoughts. As a result, most graduates seek admissions to any MBA colleges or B-schools be it 3 or 4 tier, but unfortunately only students from top reputed MBA colleges get placed and students from remaining colleges are not placed. And it is heard that there is a drop in admissions of student for MBA this year.
I want opinions on whether this is true or not. If it is true, then is this the reason which I have mentioned above, namely that the students are not getting placed from average colleges, along with the new normal reasons for the COVID-19 pandemic? Is it true that there is a drop? What do you think are the other possible reasons for the drop in admissions to MBA programs?