According to a recent survey (the Application and Enrollment Report), the number of candidates trying to get into schools with MBA programs has increased in the previous several years – and quite significantly so: by five percent.
Association of MBAs
Business schools that have an Association of MBAs (AMBA) accreditation revealed a continuous growth in their number of applications, which is a good sign, as previously, before 2015, there were less people aspiring to enter these universities.
With the global decrease of MBA applications worldwide (2011-2014) having gone to 13 percent, such a resurgence lets us think that the Master of Business Administration degree has not lost its popularity yet. This boost shows that globalization, competitiveness and uncertainty of the world still provides a high demand for such university degrees.
No matter where you live or work, global competition has become a thing, and every company needs new managers and executives with an international experience. That’s why, if you plan to work in business, you’ll need the best education you can get. If you ask yourself: “Should I get a degree in business?”, read this article!
Western European Universities See a Large Increase in Applications
According to the Association of MBAs reports, business schools in Western Europe have had an even larger increase of applications, almost by thirty percent. It was at the time when British and American schools were struggling for new recruits. Hence, we can safely say that the MBA programs are not coming to an untimely end any time soon.
It is becoming perfectly clear that our life in the new globalized world will not be getting any simpler in the foreseeable future. Not only professionals in companies, but also the business universities themselves have to keep up with the times and make their programs more desirable to prospective students. Here is the list of the Universities that international students love the most.
Meanwhile, in Latin America and Eastern Europe more and more b-schools are becoming part-time rather than full-time. In Britain and India, however, the popularity of full-time programs hasn’t dropped: 69% and 76% of their programs, respectively, are for full-time students only.
All in all, there are plenty of regional differences between the business schools worldwide. Top universities headquartered in the US and the UK can boast an increasing number of applications from international candidates, while India and China still don’t get many foreign students to join their universities – the numbers don’t rise higher than 2% there.
Meet the world’s best business schools at MBA25 event in Moscow!
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