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An Update on the High-Tech MBA

The popularity of the master's of business administration (MBA) degree has resulted in booming enrollments in the United States and around the world. In the late 1990s, the MBA degree seemed to be in danger of being taken over by trends in high technology. First, forprofit providers gained students and credibility to such an extent that respected traditional not-for-profit universities were tempted to create new for-profit subsidiaries. Second, online delivery became the "medium of the future." Third, the dot-com explosion made technology-related programs attractive. In this article, the authors evaluate the current status of the MBA, update these three developments of the degree programs, and reflect on the MBA degree's prospects for the future.