An increase in the number of MSc in Management programmes will have a knock-on effect for the MBA. If traditional MBA applicants, who tend to be in their mid-to late-twenties, are only a few years out of their MSc programme, it is questionable whether they will they have the will to return to business school so soon.

ECONOMIST: The Bologna Process

Cass Business School in the U.K. offers 18 master's programs, dubbed MSc degrees, in subjects such as investment management and management.

WSJ: Alternatives to the M.B.A. Becoming More Popular