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Both changes were pioneered primarily in the UK, where the typical student is now in their late twenties or thirties, has considerable management experience, and is more likely to be studying while working (via part-time, executive or distance learning programmes) rather than incurring the opportunity costs of full-time study. In fact, many managers are now studying UK MBA programmes from around the globe, without detriment to the quality of their student experience or the value of the qualification.
Employers no longer see MBA as standing for arrogance, ignorance of the real world and high salary demands (twenty years ago, this was a common view in Europe outside of the traditional blue-chip employers of MBAs)...
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