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- 01 30, 2025
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EDIEAL PINKERMBAMBAMBA, deputy dean of the Yale School of Management, bristles at the suggestion that the , long seen as a stepping stone to corporate success, has been made less relevant by the covid-19 crisis. The traditional two-year degree remains vital, he insists. “Do you think the problems the pandemic created for society and the economy are narrow specialised problems or complex ones that cut across sectors and disciplines?”His words would have sounded odd a year ago. The was falling out of fashion. With the global economy booming, the opportunity cost of this pricey degree (top schools charge $100,000 or more a year) did not seem worthwhile to many. Some schools could not cover their expenses. In 2019 the University of Illinois said it would end its residential programme. Dozens of middling schools have done the same in recent years.