No of applicants for executive management in Indian B- schools rises

No of applicants for executive management in Indian B- schools rises

No of applicants for executive management in Indian B- schools rises

Having worked for over seven years in countries like the US, Canada and then in India, information technology professional Jorawar Singh plans to apply for executive management course.

Nothing surprising. Many young professionals think of pursuing an MBA degree, preferably a foreign one, after putting in more than five years in the industry. But, here, the case is different.

Mr Singh, who cleared the GMAT with a decent score, did not even apply to the likes of Boston and Ohio B-Schools. Instead, he has decided to opt for an Indian B-School.

As per figures available with Graduate Management Admission Council (GMAC), the agency that owns and administers the GMAT exam — a necessary qualification for admission to B-Schools across the globe; there has been a drop in the percentage of Indian candidates applying for foreign B-Schools.

In all, 42% of the full-time MBA programmes in the US reported a decline in the number of foreign applicants. Of these, as many as 70% reported the largest decrease in number of applications from India.

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Instead, he has decided to opt for an Indian B-School.

As per figures available with Graduate Management Admission Council (GMAC), the agency that owns and administers the GMAT exam — a necessary qualification for admission to B-Schools across the globe; there has been a drop in the percentage of Indian candidates applying for foreign B-Schools.

In all, 42% of the full-time MBA programmes in the US reported a decline in the number of foreign applicants. Of these, as many as 70% reported the largest decrease in number of applications from India.

While the US B-Schools remain a big draw, with 64% Indian candidates sending their GMAT scores there, the number of applicants to B-Schools here has risen from 5% in 2004 to around 14% now, ranking their popularity second only to the US.

Mr Singh too feels a one-year programme with an Indian B-school will help him get better job profile in India where he wants to work and settle down. “Today, quite a few Indian B-Schools are offering quality executive management programme at much cheaper cost,” he said.

Experts say more number of Indian residents and those settled abroad favour domestic B-Schools over US B-Schools as quality education is now available here at a comparatively cheaper cost.

Speaking to ET from the US, Dave Wilson, president and CEO, GMAC, said: “More Indians prefer Indian B-Schools over B-Schools in the US. Of late, India has been offering world-class management education. Less expensive quality education provided by Indian B-Schools remains a big draw for Indian students.

People are interested in pursuing MBAs from the geography where they could continue working, and India has emerged as a preferred job destination for many.”

A total of 17,488 applications were submitted to Indian B-Schools offering MBA and executive MBA degrees in 2016, a number five times higher than that (2,976) seen in 2004, as per the GMAC, reflecting on the increase in the number of executive management programmes in the country.

Currently, as many as 24 Indian B-Schools accept GMAT scores for 53 programmes, including 17 from the IIMs. The survey also points out the lacklustre response to the executive management programmes offered by the US B-Schools. The number of applications for executive management programmes has come down by 51%.

Shailesh Gandhi, faculty member of IIM-A, who is the chairman of the institute’s executive management programme, said: “There are two broad sets of participants for such programmes. One, candidates in 30-35 age group who have worked for 10-12 years in other countries and want to settle in India; and second, Indian candidates in the same age group who prefer to work here at better positions.”

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Comments

0 # Priyansh 2018-03-31
Hello, I want to make career in engineering but so confused about its branch, Please suggest me the best branch which would have good scope in future, also suggest good colleges in Kurukshetra.
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0 # Mukesh 2018-04-04
You should take branch according to your interest, if you have interest in software or programming choose computer science, if you have interest in machines, choose mechanical, etc, some good engineering colleges are National Institute of Technology ; University Institute Of Engineering And Technology ; Department Of Instru. Tech ; Kurukshetra Inst. Of Tech. & Mgt
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0 # Vivaan 2018-03-31
Hello. I am from Bokaro, plz tell me What are the points to consider for selecting a B. Ed college?
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0 # Pallavi 2018-04-02
You should consider the fee structure and if you consider doing this course from other place except Bokaro, 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 2018-03-10
Hi, I want to know the type of questions asked in CAT Written test, also tell me is there any good MBA college in Mohali
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0 # Jagan 2018-03-11
There are three type of questions in CAT exam i.e. quantitative aptitude, data interpretation and verbal and reading comprehension, there are various MBA colleges in Mohali- Chandigarh Group of Colleges ; Centum Learning Limited - Mohali ; Centre For Management Training and Research ; Chandigarh Business School Of Administration
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0 # Aarush 2018-03-03
Hello sir, I have just completed my B.Arch.from Tarn Taran Can i take admission in MBA, Please tell me the procedure
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0 # Mukesh 2018-03-04
Hii, yes you can take admission in MBA, but for getting good MBA college in Tarn Taran, you have to clear entrance exam i.e. CAT, MAT
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0 # Aarush 2018-01-20
Hii , I am from Gadag,Can anyone tell me about complete selection procedure about IITs and NITs and at which time exams for these are conducted?
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0 # Jagan 2018-01-21
Hello, good to see that you are from Gadag, for IITs and NITs, you have to give entrance exam, For NITs JEE Main is the entrance exam and for IITs JEE Advanced is the entrance exam
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0 # Himmat Older than three months
I have secured 55% marks in 12th ,I think its too low to get admission in any good engineering college in Nagercoil,If you know about it please suggest me
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0 # Jagan Older than three months
yes, your percentage is very low, I will not suggest that you should choose engineering as a career, but still you want to do engineering you can try for private college in Nagercoil, they will admit you.
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0 # Jayesh Older than three months
hii, I am from Shivpuri, plz tell me what are the graduation options I can do in "medical field"
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0 # Shruti Older than three months
Hello, good to see that you are from Shivpuri, in medical field, you can do MBBS, BDS, BHMS, BAMS, etc.
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0 # Lakshay Older than three months
Hii, I am from Dindori, plz tell me Is there any provision that one can pursue any other management degree or diploma in IIMs without appearing for any entrance test ?
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0 # Shruti Older than three months
No, for getting admission in IIMs for management course, you should have to clear entrance exam, but there are many other MBA colleges in Dindori where without entrance you can take admission
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0 # Nishith Older than three months
Hello Sir, May I know the specialisation in MBA and also suggest some good B-Schools in Gondia ?
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0 # Mukesh Older than three months
There are various specialisation in MBA i.e. Marketing, Finance, Human Resource, etc, find some good MBA colleges Natwarlal Maniklal Dalal Mahvidyalaya Of Arts & Commerce ; Pratap Memorial Charitable Trusts Shankarlal Agarwal College of Management Studies
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0 # Priyansh Older than three months
Hello. I am from Udham Singh Nagar, plz tell me What are the points to consider for selecting a B. Ed college?
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0 # Shruti Older than three months
You should consider the fee structure and if you consider doing this course from other place except Udham Singh Nagar, 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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