Mexico’s Mba Programs After 20 Years of Economic Openness

Abstract

Between 1994 and 2014 Mexico's economy went from being barely open, technologically backward and dependent on oil exports; to being very open and led by a technologically advanced export-ofmanufactures sector. These changes contributed prominently to increase enrollment in Mexico's MBA programs; from about 6,300 students in 1994 to approximately 22,000 students at the start of 2014. Due, however, to persistent labor surpluses and persistent structural inefficiencies, like the dominance of monopolies and oligopolies in key sectors, the economic progress achieved in these two decades was not enough to finance a significant advancement in the academic quality of the MBA programs.