Posted by Brian McCullough
In every recession, there are certain things that boom.
And almost every recession leads to a boom in Business School students.
It’s a strategy that makes sense. You can only bang your head against the wall so many times before you decide to try something else. And sometimes that “something else” means hunkering down and waiting until the hiring begins again. In the meantime, why not improve your hiring potential?
The Graduate Management Admission Council (GMAC) reports that applications to MBA programs nationwide are rising (applications for full-time MBA programs were up 36% this year from last year) as applicants look to enhance their resumes or pursue career changes—at least until companies start hiring again.
This reminds me of a post I did from last March. A tough job market is often an opportunity to educate yourself, enhance your skill set, and position yourself for the day when jobs are plentiful again. In other words, use the bad times to get a leg up. Repost below: