MBA's appeal grows in a shrinking economy

Add this number to the many fact and figures being bandied about during this recession: 246,957, the record-high number of GMAT exams administered to aspiring MBA candidates last year.

So far this year, numbers of test-takers show the volume looks to be even greater.
”Typically, people sit out economic downturns in school — business school is no different,” said Bob Ludwig, communications director for the Graduate Management Admissions Council, the organization that administers the GMAT, the standard prerequisite before business school.

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