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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Aug. 2, 2004)
J^TAggieland Depot’tlL Diploma Framing www.aggieland-depot.com i Post Oak Village • 900 Harvey Road_JL 695-1422 THE BATTALION CLASSIFIED ADVERTISING •EASY •AFFORDABLE •EFFECTIVE CALL FOR MORE INFORMATION 845-0569 STUDENTS NEEDED FOR CAREER CENTER'S WEBSITE RE-DESIGN PROJECT CALL 845-5139 OR STOP BY 209 KOLDUS ON OR BEFORE WEDNESDAY, AUGUST 4 TO SIGN UP GIFT CERTIFICATES FOR PARTICIPANTS! hup: caivcicciiici.laimi.odu 209 Kokins N45-5139 We are America's #1 Brake Service Company for ^9* 979-764-1844 BRYAN COLLEGE STATION Carkeeper Brakes I 1 Year/12,000 Mile Warranty Most Cars 9 99 Installation Extra Lifetime VSD Brakes 99 , Mast Cars 39 l l 'Plus Installationi lifetime Warrantyl | 45 pt. Brake Inspection Included | 1 With coupon. Not valid wilt) any othei offer. . I I Coupon must be presented at lime of service. (ftfiOAS * I Expires 08.31.04 2715 S. Texas Ave. -Across from Wal-Mart corner of S. Texas Ave & Harvey Mitchell Pkwy Open Monday - Saturday 7:00am - 6:00pm Engine Light On? 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THE CLASSIFIEDS CALL 845-0569 TO PLACE YOUR AD Monday, August 2, 2004 THE BATTALliI MBA program numbers dow )lum< By Justin Pope THE ASSOCIATED PRESS Is business school losing its buzz? After a golden era for the MBA degree, new figures show demand for the traditional, two- year master’s of business admin istration program is slumping. More than three-quarters of programs responding to a recent Graduate Management Admission Council survey reported their applications declined last year. More remarkably, 41 percent reported their applications were down more than 20 percent. The GMAC, a business schools organization, thinks total applications to business schools were flat or down only slightly. But that figure can be mislead ing because students can apply to many schools. A better indication of student inter est may be the GMAT, the standardized test for busi ness school admission. As of June 30, 7 percent fewer GMAT tests had been taken com pared to last year, and the figure is down more than 25 percent com pared to the record year of 2002. The good news for business Internet wave. They al ished during the bust, asi people viewed business; as an agreeable way to s the economic downturn i return to the job market mj better credential. Now, the GMAC much of the decline in i est to the improving Daphne Atkinson, Gfo vice president of industryb tions, said interest isreturr historical norms, and peoplrj more likely to be choosinfj MBA because it will because they can’t findajotj “There was some the pipeline driven by somej ous externalities: people fj ingfort In the v measii |ps they -13, in t Texas / a eh The Ur ; disagn accord Interest in MBA degrees declining New figures show the demand for the traditional, two-year master’s of business administration programs is down. in the wall a meltdo»t| the eco she said. Graduate Management Admission Test (GMAT) Worldwide June figures for standardized testing for business school admission 140,000 bersalso other lenges. Cl numbers down among ft students U.S. test-tij with inti the As the Bonf from China .feit stuck 120,000 100,000 80,000 60,000 40.000 20,000 100,462 India fadi particular. That reflect »t ries about si restrictions have affei almost all dims, ecial co morial import ‘1 reall rial tak nfire ai Texas A& 2001 2002 2003 2004 SOURCE: Graduate Management Admission Council AP schools is that interest in their often more- profitable executive MBA degrees _ shorter programs for older students who continue working _ is strong. More than half of those programs reported an increase in applications. Still, two-year MBA pro grams remain the primary focus of many business schools. Wharton and Harvard may never have to worry about tilling class rooms, but other schools that saw MBA programs as a cash cow and rushed to grow them might. During the 1990s, busi ness schools were hot as many sought training to ride the American™ Neuber er educaiiMderstan not just lie final p programs, it md the < moretroubirJClain, Cla ly, it may sliend on internatH'limsof th students finding able alternatives overseas, ilirel ening America’s position asi leader in management educate “There’s no question over the last decade places INSEAD (with campuses France and Singapore),Lot Business School, ESADE Spain have become much part of the places you wt consider going to get an said Jeffrey Pfeffer. a profes at Stanford’s Graduate Set of Business. Atkinson real change is that Chinese Indian students are finding ter job options, and nowei quality MBA programs,ini home countries. 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