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Increase in application for full time MBA programs across globe- 25-Sep-2015
Delhi: Full-time MBA programs, both two-year and one-year formats sees increase in application volume compared with last year and 10 years ago, according to a survey released by Graduate Management Admission Council (GMAC).
Application Trends Survey 2015, showed increase of 57 per cent in application over full-time two-year MBA programs this year. For full-time one-year programs, 2015 marks a notable improvement: 51 percent of programs report application volume increases, compared with just 37 percent that reported growth last year.
“This is positive news and reflects a strong full-time MBA market,” said Bob Alig, GMAC’s executive vice president for school products. “The full-time MBA continues to be a sought after credential because graduates consistently see a high return on their investment — not only in terms of earnings, but also in job satisfaction and personal fulfillment.”
This year’s report also reveals that the representation of women in program applicant pools has increased 3 to 8 percentage points over the last five years for all program types analyzed in the report, with the lone exception of Master of Accounting, which continues to maintain its majority level of female representation (57 percent).
More than half of the following program formats report growing application volume for women in 2015: full-time two-year MBA (51 percent of programs), full-time one-year MBA (50 percent), executive MBA (50 percent), online MBA (55 percent), Master in Management (55 percent), Master of Finance (56 percent), and Master of Marketing and Communications (60 percent).
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