Global MBA Forum reflects student and institution interest in online education

Many colleges and universities say online education is currently part of their long-term strategy.
Many colleges and universities say online education is currently part of their long-term strategy.

The Economist Online Fairs and Apply in the Sky have recently announced that they will host the free online Global MBA Forum.

The event is designed for prospective MBA students to interact with business schools around the world in order to gain knowledge on topics ranging from the admissions process to campus life. Once people have decided which programs they are interested in, Apply in the Sky said it will provide them with a workspace to write their applications.

The Global MBA Forum reflects a trend for major universities across the country to utilize technology in order to improve the education of their students.

Last year, almost 66 percent of for-profit institutions said that online learning was a crucial part of their long-term strategy, according to the 2010 Sloan Survey of Online Learning. This number grew significantly from 2009, when only 51 percent said cyber education was important.

The growth of online education is also displayed in student interest. In the fall semester of 2009, more than 5.6 million people were enrolled in at least one internet class. This number grew by 21 percent from 2009 to 2010.

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