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GMAC Reports


According to 2011 Application Trends Survey conducted by GMAC, as much as 83% of MBA candidates in European One-Year Full-time MBA programs are International students. This is especially encouraging for MBA candidates who want to be part of a multicultural class. 57% of one year Full-time MBA programs reported a decline in the number of applications received compared to 2010. An interesting trend this year was the rise in application for US based One-Year Full-time MBA program as against European One-Year Full-time MBA programs. The decrease in International applicant for European Business Schools was mainly due to the strict visa Requirements set by European Union.

Asia-Pacific continues to be the primary source of foreign applicants for the One-Year Full-time MBA programs, contributing 40% of foreign applicants to US schools. The number of minority applicants in US based schools has remained flat or have increased in most One-Year Full-time MBA programs.


One-Year MBA Program Trends
 
Source: GMAC
...


According to 2011 Application Trends Survey conducted by GMAC, more than 67% of participating two-year full-time MBA programs reported a decline in application volume. Of the 199 full-time MBA programs participating in the survey, accounting for 131,187 applications, the average number of applications received was 666, down from 695 reported in 2010.

The trend is worrying for Business Schools as normally with financial meltdown, a reverse correlation is observed between application volume and the health of the economy. As the economy grows weaker, more candidates take the B-School route to avoid the harsh job markets. Compared to the dot-com bust in 2001 when the application volume for full-time MBA programs increased considerably, 2011 has shown reverse trends. A Business School representative has countered this finding by pointing to the fact that application volume has been steadily growing for the past 5 years (even during the financial meltdown of 2008) and a slight slowdown is expected.

Full-time MBA Application Volume History

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Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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