World wide, applications for admission to MBA schools grew at 57 percent of schools offering full-time, two-year programs, according to the Graduate Management Admission Council.
In the United States, where international students previously drove growth, 59 percent of U.S. full-time, two-year programs said they drew more applications from the U.S.
The rise in b-school applicants might signal that students who graduated from college at the beginning of the crisis in 2008 are now competitive candidates for the MBA. They are looking to the degree as a form of financial and psychological insurance, said Jeremy Schinewald, president and founder of mbaMission.
The University of Pennsylvania's Wharton School, the University of Chicago's Booth School, Yale University's School of Management and Harvard Business School were among the MBA. programs that are drawing more applications.
