Applications for graduate business degree programs are up this year, suggesting a bumper crop of potential recruits down the road, reports the Graduate Admissions Council. The nonprofit association of B-schools administers the GMAT admissions exam.
Among larger programs, 73 percent reported an uptick in applications in the council’s latest annual survey . Smaller programs saw increases of 39 percent to 51 percent. The survey polled 965 degree programs at 351 business schools in 45 countries.
The survey also showed growth of a trend we first noted early this year: amid uncertainty about the nation’s immigration policies, foreign students are steering away from U.S.business schools. About 75 percent of full-time two-year MBA programs in the United States saw a decline in foreign-student applications. By contrast, 22 percent saw increases in U.S. applications.
The report quotes one unnamed admission official at a U.S. school offering an explanation: “Anecdotally, we have had prospective and admitted students express concern about applying for and enrolling in [graduate management programs in the United States because of the current political situation and fears of finding employment/H1Bs after graduation.”