MBA Program at Strutledge?

Strutledge University is struggling to remain competitive amongst other Universities with the raising costs of education and the decreasing enrolment numbers. In an effort to remain competitive and increase enrolment, I think it would be in the best interest of the University to add an additional program for students. With the addition of an MBA program, Strutledge University can expand its student base, build valuable connections to the local area businesses and last but not least, the University can remain competitive with other surrounding Universities.
The University already offers numerous amounts of business classes to their students, so adding a MBA degree to the curriculum will not be very costly. Students are more interested in the MBA program due to its broad spectrum in covering business needs and they also understand the need for a degree to obtain future employment. Students with an advanced degree, like an MBA, are more likely to be considered a qualified candidate over someone with minimal work experience and a bachelor’s degree. According to the 2014 Survey Report released by the Graduate Management Admission Council, “Worldwide, a majority of full-time two-year MBA programs report rising volume in 2014” meaning, more students are enrolling in MBA programs. The MBA program has shown constant growth over the past 30 years which is supported by the Department of Education.” The Department of Education numbers support his point. In 1980-1981, some 19.1% of the entire master’s granted were in business. In 1990-1991, advanced degrees in business grew to 22.8% of the total market, and in 2000-2001, it was 24.4%. The biggest gains for the degree occurred in the 10 years from 1975 to 1985, when master’s in business grew to 22.5% of the total from 13.4%. As far back as 1975, the MBA blew past both law and medical