The Job Market Is a Problem for Harvard, Wharton, Other Top M.B.A. Programs - WSJ
Harvard Business School and other top business programs are reporting steep drops in applications as the hot labor market and the cost of the degrees are keeping would-be M.B.A.s on the job and out of their applicant pools.
At Harvard, widely regarded as the nation’s top business school, M.B.A. applications fell by more than 15%. The Wharton School of the University of Pennsylvania recorded more than a 13% drop. At other elite U.S. programs—including Yale University’s School of Management, as well as the business schools at the University of Chicago and New York University—applications dropped by 10% or more for the class of 2024.