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 # Vivaan 2018-11-10
Hii, I am from Warangal, please tell me the duration of B.Ed course
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0 # Pallavi 2018-11-11
Hello, Good to see that you are from Warangal, the duration of B.Ed course is 2 years
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0 # Jayesh 2018-10-27
I am from Mahamaya Nagar, I have scored 82 percentile in CAT this year. Please let me know the colleges where i can get admission
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0 # Pallavi 2018-10-28
Hii, for finding it you can go through mock counselling , please visit here- mock counselling, you can also get good college in Mahamaya Nagar.
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0 # Aayush 2018-10-20
Hii, I am from Anekal, I have completed 12th in science stream, looking career in engineering,Tell me about the fee details of best engineering colleges
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0 # Mukesh 2018-10-21
hii, good to see that you are from Anekal, There are very good career opportunities in engineering, you have taken very good decision, but if we talk about fee of best colleges its depend on college to college but the range is Rs. 50,000 to 1,50,000 per year
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0 # Rohan 2018-09-29
Hii, I am looking for private engineering college in Udalguri where I can get direct admission without any entrance test score, Please let me know about it.
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0 # Shruti 2018-09-30
There are many private engineering colleges in Udalguri where you can get admission without entrance exam, find here the list Engineering in Udalguri
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0 # Vaibhav Older than three months
Hello, i have completed 12th with 92% marks, now i want to take admission in best engineering college in Mersa, plz share the list
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0 # Jagan Older than three months
Hii, You secured very good percentage, you can get best engineering college, plz check here Engineering in Mersa
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0 # Himmat Older than three months
I belong to Kanchipuram, plz tell me As per 2016 ranking, which is the best MBBS college in India
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0 # Shruti Older than three months
The first position is held by Delhi AIIMS, followed by Vellore’s Christian Medical College, AFMC, Pune, Maulana Azad Medical College, Delhi and the fifth position is held by the GGMC & SIR J.J. Hospital in Mumbai, you can also find some good colleges in Kanchipuram- SRM Medical College Hospital & Research Centre
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0 # Vivaan Older than three months
Hello, I am from Paschim Medinipur I have secured 8,000 rank in NEET, plz let me know whic college I can get
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0 # Mukesh Older than three months
Hii, for finding MBBS college you can go through mock counselling , please visit here- mock counselling, you can also get good MBBS college in Paschim Medinipur.
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0 # Rohan Older than three months
I am from Papum Pare, I have scored 82 percentile in CAT this year. Please let me know the colleges where i can get admission
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0 # Pallavi Older than three months
Hii, for finding it you can go through mock counselling , please visit here- mock counselling, you can also get good college in Papum Pare.
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0 # Lakshay Older than three months
Hii, I am from Mahaboobnagar, please tell me, Is a higher education in cancer a good choice after MBBS?
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0 # Pallavi Older than three months
Yes, it is a good choice as there is a considerable increase in the demand for oncologist in India and also abroad, But, it is important that you should choose a good institution of Mahaboobnagar or any other place for doing your PG in Oncology
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0 # Vivaan Older than three months
Hii, I am from Poonch, plz tell me Do all the IIMs provide a degree or Diploma?
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0 # Pallavi Older than three months
Hello, good to see that you are from Poonch, The IIMs provide a diploma certificate at the completion of the course.
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