US, EUROPE MBA PROGRAMS TO INTERNATIONAL TALENT: WE ARE OPEN FOR BUSINESS
Annual survey finds international applications to business schools soared back as domestic demand softened
RESTON, Va., Oct 27 (Bernama-GLOBE NEWSWIRE) -- Total applications to graduate business schools dipped from the pandemic-level spikes, slipping 3.4 percent year-on-year among a matched sample of programs, according to a survey report released today by the Graduate Management Admission Council (GMAC). This comes after application volumes increased 2.4 percent year-on-year in 2020 amid the start of the pandemic and sustained that level of demand in 2021, when schools reported a 0.4 percent year-on-year increase. As the pandemic’s effects on mobility lessened this admissions cycle, however, international applications saw a remarkable rebound, particularly for those applying to programs in the United States. Most US programs reported international application increases, especially full-time two-year MBA programs (80% of programs) and STEM-designated programs (61%). Similarly in Europe, most MBA programs either saw stability or more applications from abroad this year.
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