August 13, 2004

Applications to MBA Programs Decline for Second Straight Year, Report Says

By KATHERINE S. MANGAN

Two years after soaring to record levels, applications to the nation's M.B.A. programs have dropped for the second straight year, the Graduate Management Admission Council reported.

Traditional two-year programs suffered the biggest hits, a result of higher tuition, a strengthening economy, and fewer foreign applicants, according to "Application Trends Survey 2004: Executive Report."

More than three-quarters of the two-year, full-time M.B.A. programs surveyed received fewer

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