Foreign graduate students are increasingly seeking MBA degrees in other countries, according to an analysis released this week by the Graduate Management Admission Council. The analysis notes that between 2005 and 2009, the demand for business education grew 75 per cent in Asia, compared with 25 per cent in Europe, 30 per cent in North America, and 43 per cent in the Middle East and Africa.
*A Chronicle of Higher Education article on the GMAC study notes, “Foreign students who previously flocked to the United States may be discouraged by the poor economy, weaker job prospects, and restrictions on work visas this year.”
“The ‘patriotism and chauvinism’ of some American politicians ‘are making it harder to come to this country to study,’ said David A. Wilson, president and chief executive of the Graduate Management Admission Council. ‘People are saying, Why bother?’”
Still, it must be noted that approximately 80 per cent of all graduate business students, both American and foreign, choose to attend programs in the United States.
by Mark Overmann Assistant Director & Senior Policy Specialist Alliance for International Education and Cultural Exchange MOvermann@alliance-exchange.org
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