Word: merseth
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Applications for admission to the Business School have declined for the second year in a row. Gale D. Merseth '67, director of Admissions for the Business School's MBA Program, said last week...
...number of applicants for the 780 positions in the entering MBA class has declined from a peak of over 3800 two years ago to an estimated 2800 this year, Merseth said...
...Merseth attributed the decline to an economic recession which he said has made businessmen reluctant to leave their business and return to school...
...Merseth said he did not think the tuition increase of $600 to $3400, effective next fall, was a cause of the applications decline because the change was not announced until mid-winter, after most applications were received...
Noting the dramatic increase in Law School applications this year, Merseth said, "People have this perception that law school leaves a lot more options open. I'm not sure that's true. Our society is highly institutionalized, and there are a wide range of managerial positions available other than in business...