The MBA dilemma – business schools in Canada are suffering

By qqtqtqt etqt

As a CEO of a successful company, how often do you rely on your MBA? Sure, obtaining an MBA is impressive for various reasons, but when it comes to these advancement business programs, there seems to be a recent and common trend: a decline in enrollment.

RECENT TOPIC: Is it time to move on? Signs you may need to leave the world of business

Following the economic crisis that hit all over the world, applicants from Canadian students wanting or hoping to attend business school greatly declined. Therefore, universities across the country are now taking on new agendas when approaching MBA courses. For example, some are cutting their class sizes, while others are increasing their enrollment of overseas students to hopefully assist with various costs. As a result, both potential students and CEOs may be inclined to change their agendas.

RECET TOPIC: Small businesses in Canada get tax cut

MBA programs are trying to get students interested with short degrees, novel programs, foreign travel opportunities and new buildings. However, a luring questions still arises at the mention of MBA programs: does a higher and more expensive education guarantee job placement?

RECENT TOPIC: Travel much? Three business accessories every CEO needs

Not only is job placement a (major) issue, but students have also been pickier when it comes to choosing which business school they attend. More so than before, students are choosing schools or programs were recent graduates had a high success rate of not only finding a job, but a good job that pays wells.

RECENT TOPIC: From Hollywood to Hamilton: Five big projects coming to Canada

Some employers seem to be making changes, too. For example, specific companies that once required an MBA for hire or advancement are making slight changes. Now, various in-house programs develop new talent through their own rules, in which new hires will spend three years at a lower-tier analyst’s category before moving into associate level jobs.

RECENT TOPIC: Tips to help make your job more enjoyable

At the end of the day, it’s important for both CEOs and new graduates to do their homework. Of course, it’s vital to hire the best applicant for the job, which could mean looking at the various MBA programs in the country and seeing who has the skills and knowledge to fit the specific role of the company.

In the same respect, those who are considering attending MBA programs need to make sure that they are getting the most for their time and money. Therefore, it’s necessary to do some research and see which schools have successful hiring rates.

Let's Connect!


Read the latest edition of Business Review Canada!



Featured Articles

Hema Gokal: leading the Salesforce women's equality strategy

Always passionate about giving women a seat at the table, Hema Gokal is now spearheading Salesforce’s innovative new global female equality strategy

Top 10 cybersecurity specialists in the US

As cyber attacks grow in frequency and become increasingly sophisticated, Business Chief looks at the top 10 cybersecurity specialists in the US.

Silicon Valley Bank collapse: How did we get here?

US authorities have stepped in to protect all Silicon Valley Bank customers following the second-largest bank failure in the country's history

Top 10 best new leadership books by women to read in 2023

Leadership & Strategy

Eight of the best business leadership podcasts

Leadership & Strategy

CEO John Pagano, leading Saudi Arabia's Red Sea Global

Leadership & Strategy