Four reasons why you should enroll in an MBA program

The credit crunch is already reshaping lives and forcing people to plan new careers.

In both the US and the UK, the two big countries most affected by the financial-market turmoil, more and more people are signing up to do a master's in business administration.

The days when arts graduates made good money doing public relations for hedge funds are over. There won't be so many jobs for lightly qualified bankers or private-equity executives as there have been in the past five years.