Study USA - Top Universities, Visa & Application Deadlines

51381 Followers - 250 Articles - 8201 Questions and Answers

MBA Remains Strong, Despite Economic Meltdown

Posted Mon, 14 May 2012 11:39:32 -0000

The number of applications to MBA Institutes this year has risen by a staggering amount. To put it simply, the increase is as sharp as 65%.

Given the high investment of both time and money that an MBA demands, the increase counter intuitive. Among various explanations, the one which seems most feasible is that professionals are looking at MBA as an opportunity for personal and professional growth. In an era where lay offs are commonplace, a 2 year stint in a good business school does seem like a good bet to outlast the recession and to rebound with great professional growth.

Another interesting trend is the dip in the number of Indians who have applied to US Business Schools for MBA Programs. This dip is accompanied by a spike in the number of applications by Indians to Business Schools in Canada & Europe. The change in preference is explained by an uncertain VISA scenario, coupled with the lack of financial assistance in the US. This is contrasted by a more welcoming outlook that Canada and European countries have (w.r.t. VISA) and better financial aid opportunities and most importantly, more affordable fees.

Whether it's a good idea to enroll in a 2 year MBA or not, is a question that only time can answer. However, for the moment, it does seem like a really good bet!


Your Comment

Current Rating
Rate Up
Rate Down
Have an account? Log In

Textile is Enabled. View Reference.

Apply to Top US Universities & Colleges

Start pursuing your educational dream of studying abroad by having the USA's top universities and colleges come to you! Fill out your information accurately in this form to learn more about the top USA colleges and universities!

About the Author

About: I love reading, playing the guitar and I indulge myself in a few intriguing hobbies. I come across as lost in my own world - true, more often than not.

Last Updated At May 14, 2012


Similar Articles

More News