Virginia Tech’s Pamplin College of Business is restructuring its MBA program, which involves a move to Falls Church.
Starting in the fall of 2014, Pamplin's full-time MBA program at the Blacksburg campus will no longer exist, and the resources that were in Blacksburg will go toward advancing the evening program at Virginia Tech's campus in Falls Church, The Collegiate Times reports. The change is a response to changing market conditions for the MBA degree, according to Virginia Tech.
Pamplin will redirect its efforts towards expanding enrollment in its part-time MBA program in northern Virginia and other cities in Virginia.
“We’re shifting our emphasis from Blacksburg to larger markets in response to student demand,” Pamplin’s associate dean for graduate programs Steve Skripak said in a press release from Virginia Tech. “Urban locations like the northern Virginia market are very attractive to our typical prospects in their 20s and 30s. We see considerable opportunity that could be seized, with additional investment in recruiting top students."
The changes will have no noticeable impact on the full-time students who began classes this fall, who are expected to graduate from the two-year program in 2015, Skripak said.
“We will make every effort to help our current full-time MBA students to graduate on schedule," Skripak stressed. "Meanwhile, we can put redeployed resources to use in meeting market demand for the part-time MBA formats more effectively and expand the overall enrollment of our MBA program.”
Pamplin will now offer three MBA formats designed to meet students’ needs for career development and advancement while working full-time: an executive MBA in the Washington, D.C. area; a part-time program known as the evening MBA, also in Washington, D.C.; and another part-time program, called the professional MBA, that alternates class meetings between Richmond and Roanoke.
The evening MBA program enrolls about 150 students and is ranked 34th in the 2013 U.S. News rankings, up from 37th last year and 45th in 2011, according to Virginia Tech. The executive and the professional programs each have about 50 students.