In recent decades, the trend for enrollment in MBA studies has been as a direct influence by the economic flux.  When the economy is in a slump, enrollment seems to rise proportionately.  During this decade alone, more than 100,000 degrees have been awarded.

This phenomenon is not to be disregarded as it has a direct effect on the job market.  When the number of MBA's awarded is so massive, their prestige is not as great. This means that competition is even greater.  The holder of an MBA would be wise to invest energy in earning a specified and specialized MBA.

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