Is US MBA losing its sheen?
Fewer Indians are seeking admission to US business schools. Data from the Graduate Management Admission Council shows that 45% of those who sat for the GMAT this year sent their scores to American B-schools, down from 57% in 2015. Half the international students who didn’t apply said weak job prospects were a deterrent, besides factors such as the political environment, safety fears and stricter visa rules. Global applications to MBA programmes in the US fell 9.1% this year, after 7% in 2018. One upside? The odds of acceptance are starting to look better, reports the FT.
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