Recession and the Future of MBA
In the past few months, humanity has faced an onslaught of the deadly Coronavirus. Thousands of people across different parts of the world have succumbed to this virus. While it has impacted innumerable businesses and industries across the world, even educational institutions have not been left untouched. Overnight adjustments had to be made for students pursuing their MBA or other higher education courses. Most of them are currently undergoing online classes by their respective institutes. As global economy starts to tumble, MBA institutes have started facing the heat. Thousands of businesses have shut down while others have laid off a majority of their employees. The unemployment numbers have already started giving tremors to the management graduates. People are following social distancing to avoid contracting to this virus, but the damage has already been done in economic terms. Covid-19 will continue to have a ripple effect on the entire economy in the month