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A growing number of MBA programs are now admitting students straight from undergrad, hoping to attract more women and minority students.
Requiring several years of work experience before entering an MBA program became common in the 1980s and is still the norm. But today a growing number of schools are accepting students who skip the work experience portion. About 5% of Stanford University's MBA students come directly from undergrad programs, compared with 1 to 2% a few years ago.
Between 2005 and 2007, the number of people under age 24 taking the GMAT jumped 71% and encouraging younger ...