Here’s Why Business Education Remains Crucial In A STEM World

We hear it everywhere: More and more, students and their parents are demanding the science, tech, engineering and math classes that they see—correctly—as key to successful, financially secure futures.

But it’s also true that business remains the most popular undergraduate major, by far. Some 367,000 bachelor’s degrees for business majors were awarded in the 2016-2017 academic year, the most recent for which the National Center for Education Statistics has published data.

And that’s because a business education still has tremendous value, more than ever in a STEM world.

That fact doesn’t always make the headlines. Just this month, The Wall Street Journal reported on a trend of universities that are shutting down their M.B.A. programs. There were 9% fewer full-time, two-year M.B.A. programs in 2018 than there were in 2014, the newspaper reported, citing data from the Association to Advance Collegiate Schools of Business.

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