MBA University 'Has Q3 Success'
November 20, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
The company behind the online MBA provider Capella University has seen good financial progress during the third quarter of 2008, it has been reported.
In a telephone conversation between leaders of the Capella University Company, it was noted by Steve Shank, Chairman and Chief Executive Officer, that benchmarks for operating performance, revenue and enrollment have been exceeded, Seeking Alpha reports.
Such news may convince you that the university could the right place for you to undertake an online MBA degree, to shore up your skills during the economic downturn.
While enrollment has grown by 18.7 percent year-over-year to 24,100 learners, revenue has grown to $65.2 million and the operating margin has been boosted by 80 basis points, Shank claims.
Commenting on the demand for enrollment, he stated: "We continue to monitor the economic environment to anticipate any changes in the behavior of our current and perspective learners, which may be related to the credit crisis, recession or other concerns."
But if you are worried about whether now is the right time for further education, the Washington Post recently reported that there has been a rise in the number of applications to MBA programs, triggered by the current financial climate.
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