India in top four between B-school destinations

That the US and the UK are the most popular destination for management studies is not large news. But the conclusion of a survey conducted by the Graduate Management Admission Council (GMAC), which conduct GMAT, a B-school entry test used globally, have thrown up some surprises. Number 4 on the list of the Top Ten preferred destinations for B-school aspirants is India, with Canada at No. 3. Israel and Spain are the other surprise entrants.

According to expert, India's foray into the elite union has a lot to do with the emergence of institution such as the Indian School of Business, Hyderabad, which was rank No. 12 globally in the Financial Times ( London) Global MBA rankings former this year. The IIMs, which use GMAT as an entry test for their executive MBA programmes, are also responsible for India's popularity.

''B-school aspirants are looking at a return on their investment, and with the investment being lower for management learning in India when compare to the US and the UK, the returns are higher,'' said an specialist. Many feel that India can soon emerge as a hub for management studies amongst Asian countries such as Singapore and the Philippines as the country will be a far less expensive destination than western giants.

Although make it to the US has, for long, been the great Indian dream, it is not the only North American country that's attract desi students. Many are now making a beeline for Canada, which not only has a robust economy and liberal visa policies but also promises good job prospects. ''In testing year 2010, India was the top foreign country that sent score reports to Canadian graduate management programmes,'' reveals GMAC's survey.

According to the report, 78% of full-time MBA programmes in Canada received the largest digit of foreign application from Indians. Not surprisingly, all Canadian management programmes that recruited foreigners targeted India, as did 44% of European programmes that undertook special recruitment efforts to attract abroad candidates.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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