Business schools are gaining some competition. But it’s not from one another, it’s actually from corporations.
Corporations have set up "corporate universities" in order to serve upper level management, and sometimes the entire company. What they’re doing is educating their team on the essential principles, functions, and operations of how the company works. Even further, they’re giving business lessons, communications, and technical expertise that can be taught on this “corporate campus,” often negating the need for "B-School.”