Youth Movement Taking Place at MBA Programs
Today, more and more students are enrolling directly into business school from college. According to the Graduate Management Admission Council, those under the age of 24 are the fastest growing group taking the Graduate Management Admission Test. The council notes that approximately 40 percent of applicants to full-time MBA programs, in 2010, had less than three years of work experience.
The Wall Street Journal finds that some programs are even embracing the youth movement. For example, the Sellinger School of Business and Management (Loyola University Maryland) has created the "Emerging Leaders MBA," a 12-month accelerated degree program for recent college graduates.
Karyl Leggio, Sellinger's dean, told The Wall Street Journal, "These students are looking to jump-start their careers. We provide real-world experience to help accelerate their careers…It's sort of internships on steroids."
Younger MBA Program Applicants
In turn, schools are looking for talent. In the article, Derrick Bolton, director of admissions at Stanford's business school said, "When you see really talented people, you want to lock them in." Schools like Harvard and Stanford are making efforts to embrace the younger crowd with early application programs being established.
Yet, not everyone accepts the youth movement. Chris Trimble, a professor at the Tuck School of Business at Dartmouth College, told The Wall Street Journal, "What I've seen is that students with work experience make better contributions to classroom discussions."
While the majority of MBA students still have at least five years of work experience, the trend of students applying directly after college doesn't appear to be slowing down in the near future.