Articles that mention Wake Forest

Wake Forest to drop traditional MBA program

After five years of declining enrollment in its traditional M.B.A. program, Wake Forest University is shifting gears to focus on an area where it sees greater demand — those M.B.A. seekers who want to earn a paycheck while studying. Starting next year, Wake Forest will no longer accept applications for a traditional, daytime M.B.A. program at its Winston-Salem campus. Instead, the university will expand its offerings for working professionals The decision was made after studying the program this summer and considering the needs of the market of students Wake Forest is trying to serve, said Charles Iacovou, dean of the School of Business. In the past five years, enrollment in the university’s traditional M.B.A. program has dropped from 123 to 98. At the same time, enrollment in the M.B.A. for working professionals program — which offers year-round evening and weekend classes — has grown from 242 to 304. “Our decision is a proactive step that will allow us to redirect resources and energy to meet the changing needs in the market,” Iacovou said in a news release. Iacovou, who started in his role as dean on July 1, said he sought feedback from a variety of people before making the decision, including faculty, deans from other graduate schools and alumni. Employers were enthusiastic about the idea, because their employees won’t have to disrupt their careers to expand their education, meaning the businesses can keep talented employees, Iavocou said. The university will continue to offer the full-time, traditional program through May 2016, so that current students can graduate. In the meantime, the business school plans to ramp up its evening and weekend classes, and increase the ways students can access them by offering e-learning. An online portion for courses opens...