India remains attractive for B-school aspirants

India remains attractive for B-school aspirants

India remains attractive for B-school aspirants
Foreign universities may be going the extra mile to lure Indian students abroad, but a new report reveals that Indian students who aspire for a Master in Business Administration (MBA) degree continue to find the country an attractive destination for higher studies.

Consider this. The Indian School of Business (ISB) has overtaken Harvard Business School for the first time in terms of schools/programmes to which Asian citizens sent score reports, according to the 2016 Application Trends Survey. It was conducted by the Graduate Management Admission Council (GMAC), which owns and administers the Graduate Management Admission Test (GMAT).

While the US tops the wish-list of Indian students chasing their management education dreams with 74,948 scores (56.87 per cent) sent, it’s India that follows with 21,440 scores (16.27 per cent). The UK came third with 10,909 (8.28 per cent) scores, states the report.

And the recent closure of bankrupt colleges in Australia coupled with the “bashing” of Indian students appears to have hit the country badly. The island nation received only 2,072 scores (1.57 per cent) from Indian students this year to stand seventh in the list of Top 10 countries.

The survey also states that the per cent change of score reports sent by Indian citizens to Indian schools increased by 23 per cent from testing year (TY) 2016 to TY 2016. In TY 2016, Indian citizens sent a total 127,916 score reports to 10 countries, which increased 3 per cent, or 3,870 score reports to 131,786 in 2016.

“In 2016, the US spearheaded the growth in the number of applications for full-time MBA programmes, whereas, it appears that growth in 2016 was primarily driven by programmes located in other world regions across all MBA programme types,” the report states.

The study further stated that the applications are down to half of the executive MBA programmes while the average number of applications per programme declined 25 per cent. Part-time MBA programmes experienced two distinct trends — nearly half (45 per cent) of the programmes reported an average decline of 22 per cent in applications, and 42 per cent of part-time programmes had an average increase of 40 per cent. This translated into an overall positive change of 7 per cent in part-time programme application volume, despite the fact that slightly fewer programmes reported an increase in applications than those that reported a decline.

Flexible MBA programmes continued to attract more applications — two-thirds of such programmes surveyed (66 per cent) reported an increase in application volume; the average participating programme received 14 per cent more applications in 2016 than in 2016, the report further states.

Graduate management programmes participating in the 2016 GMAC survey received nearly 230,000 completed applications from approximately 75,000 candidates. Created in 1954, GMAT is the only standardised test designed by business schools specifically for graduate business and management programmes.

The IIM Bangalore recently joined 178 leading business schools from 19 countries, which accept GMAT.

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Foreign universities may be going the extra mile to lure Indian students abroad, but a new report reveals that Indian students who aspire for a Master in Business Administration (MBA) degree continue to find the country an attractive destination for higher studies.

Consider this. The Indian School of Business (ISB) has overtaken Harvard Business School for the first time in terms of schools/programmes to which Asian citizens sent score reports, according to the 2016 Application Trends Survey. It was conducted by the Graduate Management Admission Council (GMAC), which owns and administers the Graduate Management Admission Test (GMAT).

While the US tops the wish-list of Indian students chasing their management education dreams with 74,948 scores (56.87 per cent) sent, it’s India that follows with 21,440 scores (16.27 per cent). The UK came third with 10,909 (8.28 per cent) scores, states the report.

And the recent closure of bankrupt colleges in Australia coupled with the “bashing” of Indian students appears to have hit the country badly. The island nation received only 2,072 scores (1.57 per cent) from Indian students this year to stand seventh in the list of Top 10 countries.

The survey also states that the per cent change of score reports sent by Indian citizens to Indian schools increased by 23 per cent from testing year (TY) 2016 to TY 2016. In TY 2016, Indian citizens sent a total 127,916 score reports to 10 countries, which increased 3 per cent, or 3,870 score reports to 131,786 in 2016.

“In 2016, the US spearheaded the growth in the number of applications for full-time MBA programmes, whereas, it appears that growth in 2016 was primarily driven by programmes located in other world regions across all MBA programme types,” the report states.

The study further stated that the applications are down to half of the executive MBA programmes while the average number of applications per programme declined 25 per cent. Part-time MBA programmes experienced two distinct trends — nearly half (45 per cent) of the programmes reported an average decline of 22 per cent in applications, and 42 per cent of part-time programmes had an average increase of 40 per cent. This translated into an overall positive change of 7 per cent in part-time programme application volume, despite the fact that slightly fewer programmes reported an increase in applications than those that reported a decline.

Flexible MBA programmes continued to attract more applications — two-thirds of such programmes surveyed (66 per cent) reported an increase in application volume; the average participating programme received 14 per cent more applications in 2016 than in 2016, the report further states.

Graduate management programmes participating in the 2016 GMAC survey received nearly 230,000 completed applications from approximately 75,000 candidates. Created in 1954, GMAT is the only standardised test designed by business schools specifically for graduate business and management programmes.

The IIM Bangalore recently joined 178 leading business schools from 19 countries, which accept GMAT. In India, ISB, Great Lakes, SP Jain, MICA, TAPMI, IIM-B, among other accept the GMAT scores. The GMAT exam is offered the year-round at more than 450 test centers in over 110 countries. In testing year 2016 (July 1, 2016-June 30, 2016), a record number of 265,213 exams were administered..

Study Abroad is A good opportunity for Bright Career, To Know More Read the following:
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Comments

0 # Priyansh 2019-11-14
Hii, I am looking for private engineering college in Nagapattinam where I can get direct admission without any entrance test score, Please let me know about it.
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0 # Shruti 2019-11-15
There are many private engineering colleges in Nagapattinam where you can get admission without entrance exam, find here the list Engineering in Nagapattinam
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0 # Tushar 2019-11-10
hii, I am from Purulia, plz tell me what are the graduation options I can do in "medical field"
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0 # Shruti 2019-11-11
Hello, good to see that you are from Purulia, in medical field, you can do MBBS, BDS, BHMS, BAMS, etc.
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0 # Lakshay 2019-11-03
Hello. I am from South Sikkim, plz tell me What are the points to consider for selecting a B. Ed college?
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0 # Pallavi 2019-11-04
You should consider the fee structure and if you consider doing this course from other place except South Sikkim, you should consider hostel facilities, you shouldalso consider whether the subject in which you wish to continue this course is available in the college.
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0 # Lakshay 2019-10-20
Hello. I am from Guwahati, plz tell me What are the points to consider for selecting a B. Ed college?
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0 # Mukesh 2019-10-21
You should consider the fee structure and if you consider doing this course from other place except Guwahati, you should consider hostel facilities, you shouldalso consider whether the subject in which you wish to continue this course is available in the college.
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0 # Lakshay 2019-10-20
Hii, I am from Abhipur, plz tell me Do all the IIMs provide a degree or Diploma?
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0 # Jagan 2019-10-21
Hello, good to see that you are from Abhipur, The IIMs provide a diploma certificate at the completion of the course.
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0 # Rohan 2019-10-20
Hello, i have completed 12th with 92% marks, now i want to take admission in best engineering college in Ariyalur, plz share the list
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0 # Shruti 2019-10-21
Hii, You secured very good percentage, you can get best engineering college, plz check here Engineering in Ariyalur
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0 # Himmat 2019-10-06
Hello, i want to get admission in best B.tech college in Osmanabad, Also suggest me about the Various streams of B.tech
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0 # Jagan 2019-10-07
Hello Sir, Thankyou for your comment. Please visit Engineering in Osmanabad for best B.tech colleges in Osmanabad, Hope you will get best college from the list, Also various major streams in B.tech are Electrical, Electronics, Mechanical, Civil, Computer Science etc.
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0 # Nishith 2019-09-15
Hello, I want to know about the entrance exam for MBA, also suggest some MBA colleges in Chitradurga
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0 # Jagan 2019-09-16
There are various exams for MBA i.e. CAT, MAT, XAT, SNAP, etc, you can give CAT for IIMs, find MBA colleges in Chitradurga here-Sikkim Manipal University - Chitradurga
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0 # Lakshay 2019-09-08
Hello, i have completed 12th with 92% marks, now i want to take admission in best engineering college in Sirsa, plz share the list
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0 # Pallavi 2019-09-09
Hii, You secured very good percentage, you can get best engineering college, plz check here Engineering in Sirsa
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0 # Harikiran 2019-09-01
Hii, I am from Sheohar let me know, What is the need of NEET Phase II?
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0 # Pallavi 2019-09-02
If a phase I test taker of Sheohar oe other places is not satisfied his/her performance in the test or if a candidate has missed out to apply for NEET, he/she can apply for phase 2 exam, It is a second chance provided to aspiring candidates.
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