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31 Jan 2024

Demand for MBA Programs Declines Globally

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Worldwide MBA applications [fell for a second consecutive year,](https://www.ft.com/content/786bfece-5b6b-482b-abd1-76a72a568280) with a notable shift towards shorter, one-year programs partly due to sharper visa restrictions in the UK and escalating tuition fees. London Business School responded by introducing a one-year MBA option to cater to these changing demands. Restrictions that prevent international students from bringing family members to the UK and the rising costs associated with longer programs have influenced this trend, according to the Graduate Management Admission Council.