Largest, Most Popular Business School Programs Worldwide See Application Growth While Smaller Programs Experience Declines
Programs in Europe, Canada, India, and East and Southeast Asia Witness Gains; U.S. Programs Suffer From Shifting Demand
RESTON, Va., Sept. 19, 2017 (GLOBE NEWSWIRE) -- Nearly 3 in 4 (73 percent) graduate business programs with 201 or more class seats report increased application volumes this year compared to 39 percent of the smallest programs (50 or fewer class seats), according to a new application trends survey from the Graduate Management Admission Council (GMAC). The growth among the larger U.S. programs is driven by a resurgence of domestic applications, offsetting declines in international applicants.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9e12e0d8-1e20-492d-90cd-4a7db8ee7175
Regardless of class size, a majority of programs in Europe, Canada, East and Southeast Asia, and India report growing volumes in 2017, while fewer than half the programs in the United States are growing - with the exception of part-time lockstep MBA and Master in Data Analytics programs.
"Demand for graduate business education remains strong, especially among the largest programs, which tend also to be the most well-known programs with brand recognition," said Sangeet Chowfla, GMAC president and CEO. "While non-U.S. programs are thriving, a strong economy and a disruptive political climate are likely contributing to the downward trend in application volumes among smaller U.S. programs this year."
GMAC conducted its 18th annual Application Trends Survey from early June to mid-July 2017. The survey findings are based on a record number of responses from 351 business schools and faculties located in 40 countries representing 965 graduate management programs, including MBA, non-MBA business master's, and doctoral-level programs. Participating programs received a combined total of 466,176 applications during the 2017 application cycle. Ninety-two percent of all participating programs report that the applicants this year are similarly or more academically qualified than candidates last year.
U.S. Political Climate Impacts International Application Volumes
Recent political events in the U.S. appear to have impacted application volumes from international candidates in 2017. Programs in Europe and Canada are about twice as likely to report growth in international applicants compared with the U.S. Across all program types, just 32 percent of U.S. programs report growing international application volumes in 2017 vs. 49 percent in 2016. Conversely, seventy-seven percent of Canadian programs report increases in international applications (46 percent in 2016), as well as 67 percent of European programs (65 percent in 2016). Despite the Brexit vote, about two-thirds of programs in the United Kingdom have seen international demand grow.
Overall, the 2017 report findings show that international applicants represent 57 percent of U.S. application volumes, 70 percent of Canadian volume, 89 percent of European volume, 20 percent of East and southeast Asian volume, and less than one percent of Indian volume.
Domestic candidates remain an area of strength for the larger, well known U.S. programs. Sixty-nine percent of programs with class sizes of more than 200 report growth in domestic applications, offsetting the fact that only 38 percent of programs similar in size report growth in international applications.
Women Make Gains in Applicant Pool
The results of the GMAC Application Trends Survey Report 2017 show that women are increasing their representation in the graduate business school pipeline. Today, women represent 42 percent of the total applications received by participating survey programs, up from 37 percent in 2013. Most program types have experienced an increase in the representation of women in the application pipeline. Specifically, among MBA programs women represent 39 percent of applications, up from 33 percent in 2013. More MBA programs report growth in female applicants (44 percent) compared with business master's (39 percent), whereas the growth rate is similar for men - 40 percent for MBA and 39 percent for business master's.
Additional Key Findings
Overall volume to the general part-time MBA program category has been stagnant or on the decline since the Great Recession. Part-time lockstep programs - in which students proceed through a classroom-based program as a group - have seen stronger application volumes than part-time self-paced programs, in which students set their own schedule in a flexible format. Among U.S. part-time MBA programs, 54 percent of lockstep programs report increased volume this year, compared with just 34 percent of self-paced programs.
Most graduate business programs expect to see employer sponsorship remain stable. About half (52 percent) of part-time, self-paced students are expected to receive employer support, as are 40 percent of executive MBA and 39 percent of part-time lock-step MBA students.
The level of experience that the applicant brings to the graduate business program has remained relatively consistent in 2017 compared with five years ago. For example, the majority of full-time MBA applicants have between three and 10 years of experience; the majority of executive MBA applicants have 10 or more years of experience; and most online MBA applicants have six or more years of experience.
Among business master's programs, applicants tend to have less than one year of work experience; the exception is the Master in Data Analytics candidate who tends to have more experience.
About GMAC: The Graduate Management Admission Council (GMAC) is a global, non-profit association of 220 leading graduate business schools. Founded in 1953, we are actively committed to advancing the art and science of admissions by convening and representing the industry and offering best-in-class products and services for schools and students. GMAC owns and administers the Graduate Management Admission Test® (GMAT®) exam, used by more than 6,500 graduate programs worldwide. Other GMAC assessments include the NMAT by GMAC(TM) exam, for entrance into graduate management programs in India and South Africa, and the Executive Assessment, specifically designed for Executive MBA programs around the world. The Council is based in the United States with offices in the United Kingdom, India, and Hong Kong. For information on assessments, study tools and services for candidates, visit www.mba.com. For information about The Council and our market intelligence, professional development opportunities and services for graduate management education, please visit www.gmac.com
Jennifer Garfinkel; Director of Media Relations, GMAC
+1 (703) 668-9805 or firstname.lastname@example.org
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Graduate Management Admission Council via Globenewswire
Om NASDAQ OMX
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra NASDAQ OMX
Registrer deg med din epostadresse under for å få de nyeste sakene fra NASDAQ OMX på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra NASDAQ OMX
Brookfield Asset Management Notice of 2017 Q3 Results Conference Call and Webcast23.10.2017 17:03 | Pressemelding
Date: Thursday, November 9, 2017 Time: 11:00 a.m. (Eastern Time) BROOKFIELD, News, Oct. 23, 2017 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Asset Management's 2017 Third Quarter Conference Call & Webcast on Thursday, November 9, 2017 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. These results will be released on November 9th before 7:00 a.m. (Eastern Time) and will be available following the release on our website at www.brookfield.com "News - Press Releases." The Conference Call will also be Webcast live on our website, where it will be archived for future reference. To participate in the Conference Call, please dial 1-800-319-4610 toll free in North America, or for overseas calls please dial 1-604-638-5340 at approximately 10:50 a.m. The Conference Call will also be Webcast live at http://servic
Rapid Micro Biosystems Awarded a Contract by Biomedical Advanced Research and Development Authority (BARDA) for the Implementation of a Rapid Sterility Test for Vaccines23.10.2017 13:00 | Pressemelding
LOWELL, Mass., Oct. 23, 2017 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, is pleased to announce the receipt of a $7.3 million contract from the Biomedical Advanced Research and Development Authority (BARDA) for the implementation of a rapid sterility test for vaccines. This awarded grant is part of BARDA's Advance Development of Medical Countermeasures for Pandemic Influenza, which focuses on improving the government's responsiveness to future pandemic threats. When combined with Rapid Micro Biosystems' automated Growth Direct(TM) detection system, the rapid sterility test will result in faster release of vaccines and other sterile products. Timely delivery of these products carries multiple public benefits, principally in facilitating rapid responses to pandemic or emerging infections, agents of bioterrorism, and availability of life saving medicines. "Our continuing relationship with BARDA demonstrate
Xehar Fashion App Ditches the Shopping Cart and Picks Up Speed23.10.2017 12:00 | Pressemelding
New fast fashion app will shorten the checkout time by removing the shopping cart altogether. PLAYA VISTA, Calif., Oct. 23, 2017 (GLOBE NEWSWIRE) -- Fashion tech company Xehar, today announces they will be removing the shopping cart from their Xehar shopping app. For millennial women shoppers who are interested in fashion but are frustrated with the online shopping experience, the Xehar app is their solution. "Xehar has found a way to increase conversion for app purchases by simply removing the function of the shopping cart," says Hadari Oshri, founder and CEO of Xehar. "Within the app, users select complete outfits and purchase with ease. By removing the shopping cart we are reducing friction and speeding up the checkout process." A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c58ce496-70e7-4675-8f59-3e39725708c4 Website and app owners deal with the reality of shopping cart abandonment
BroadSoft Announces New Integrated and Intelligent Cloud Communication and Collaboration Experiences23.10.2017 07:30 | Pressemelding
Upgrades deliver on the BroadSoft Business cloud unified communication vision to deliver intuitive, consistent client experiences across the entire suite and reinvent workflow efficiencies PHOENIX, Oct. 23, 2017 (GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today unveiled several enhancements to its BroadSoft Business portfolio at its annual user conference, BroadSoft Connections. Now leveraging a microservices architecture, BroadSoft Business offers updated app experiences and next-generation capabilities across the BroadSoft Business applications, UC-One, Team-One and CC-One. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0df82bc5-5481-4429-9586-bba075849626 Business users today are overwhelmed with managing their workfl
BroadSoft Business Cloud PBX, Team Collaboration and Contact Center Apps Now Available for Multinational Enterprises23.10.2017 07:30 | Pressemelding
New, localized data centers offer multinational enterprise customers secure, multi-language calling and collaboration between global offices via a single, borderless BroadCloud platform PHOENIX, Oct. 23, 2017 (GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today announced its BroadSoft Business cloud communication suite is available worldwide via several new BroadCloud ® data centers throughout EMEA and APAC. This expansion allows multinational enterprises to rely on a single provider across their international locations to collaborate with peers and customers around the globe, while meeting full regulatory and security compliance across different countries. A recent McKinsey Global Institute 2016 report noted that cross-border bandwidth is projected to increase nine times over the next
Powered by BroadSoft Channel Program Introduces New Digital Customer Lifecycle Platform and Services to Enhance Revenue Growth23.10.2017 07:30 | Pressemelding
Powered by BroadSoft now includes more than 100 global channel partners to realize the full potential of the cloud unified communication and collaboration market opportunity PHOENIX, Oct. 23, 2017 (GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS) today announced the addition of new digital customer lifecycle management tools including the BroadCloud® Channel Support System (CSS) and three new services: BroadSoft go-to-market services, BroadSoft onboarding services and BroadSoft adoption services. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b86c0264-fb6d-44fd-a7ae-38bba426e281 Powered by BroadSoft, which launched at BroadSoft Connections last year, currently supports 116 channel partners across the globe, v
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom