Wednesday, April 18, 2012

Indian B-schools draw aspiring managers from Asia

Indian management schools have drawn more overseas students last year than five years ago. Many Asian MBA aspirants, particularly from central and south Asia, showed interest in studying in India rather than the US. According to the recently published 2012 World Geographic Trend Report for Graduate Management Admission Test (GMAT) examinees, India remains Asia's leading destination for GMAT scores. Its business schools received 17,638 score reports in 2011 against 11,484 in 2007.

MBA aspirants take the globally accepted GMAT for getting admission to B-schools of their choice. The GMAT scores become easy yardstick for selection of students for institutes that use the scores. The report shows that Asian citizens sent an average of 3.4 GMAT scores per exam taken in 2011, significantly higher than the global average of 2.9. However, there were substantial regional differences in score-sending habits. For example, Indian citizens sent the highest average number (4.4), and South Koreans sent the lowest (2.0).

Overall, Asian citizens sent 69 per cent of their scores to management programmes in the US in 2011, compared with 74 per cent in 2007. The top 10 study destinations other than the US that received more than 10,000 score reports from Asian citizens included India, the UK, Singapore, and Canada. “Much of this shift is explained by increased interest among regional (Asian) examinees to study in India, the UK and Singapore,” said the authors of the report.

The report illustrates the globalisation of management education and the quality options within Asia and around the world. Programmes in Asia saw a 63 per cent increase in the number of GMAT scores received from test takers in testing year 2011 (42,933) when compared with 2007 (26,296). “The significance of the Asian impact on management education is real,” said Mr Dave Wilson, President and Chief Executive of the US-based Graduate Management Admission Council (GMAC), the non-profit owner of GMAT.

Source: The Hindu Business Line, April 18, 2012

No comments:

Post a Comment

Blog Archive