There are 27 graduates for one job position in India. Employment is a major issue; however MBA still can earn a high paying job. Business programs are gaining prominence across the world and are perceived as likely to benefit in the job market.
The survey titled ‘2017 Application Trends Survey Report’ includes analysis of data submitted by 965 graduate management programs representing 351 business schools and faculties located in 45 countries worldwide, including 40 US states and the District of Columbia.
Two-year full time MBA programs across India are the most competitive, receiving an average of 40.3 applications per seat.
According to the survey, nearly 73 percent graduate business programs with 201 or more class seats report increased application volumes this year compared to 39 percent of programs with 50 or fewer seats, as per the survey data.
The report finds that the international demand shifting away from US. MBA programs in Europe and Canada are about twice as likely to report growth in international applicants compared with the U.S. Moreover, across all program types, just 32 percent of US programs report growing international application volumes in 2017 compared with 49 percent in 2016.
Even after Brexit, about two-thirds of programs in the United Kingdom (65%) have seen international demand grow. 77 percent of Canadian programs reported increases in international applications (46% in 2016) as well as 67 percent of European programs (65% in 2016).
Women represent 42 percent of the total applications this year 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.
Among the MBA programs, women represent 39 percent of applications, up from 33 percent in 2013. Eighty-three percent of programs reported receiving more applications in 2017, compared with 2016.