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There is a rising full-time MBA programmers’ in china and India candidates; this is from a survey conducted by the Graduation Management Admission Council that has the mandate to conduct GMAT. India being the greatest source of the talent by 24% if compared to last year survey that showed only 14% programmers, Michelle Sparkman Renz the director of research communication at GMAC said. Globally the Two year MBA received a 4.1 application in each spot and the one year full-time programmers’ had around 2.7 candidates for every seat. Lawrence Rudner the GMAC vice president said that in the great recession period of 2008-2009 the MBA share showed an impressive growth with increase in application. There was a decline between the year 2010-2011 and the full-time programs rebound in 2012.
The executive MBA that is the a promise it move up the corporate ladder showed a dismal with all the college showing a decline in applications which we can attributed with the uncertainty of time, the increasing work demands, depleting savings and the fear for the next layoffs round.
GMAC released it survey finding globally on Tuesday showing fewer professional that wanted to invest their time and energy in further education. There is also a fall in international student keeping the growth of the European business school with just 38% of one full-time programmers’ showing some increase in applications. The European programmers’ showed a 54% decline in the foreign candidates’ pool.
In contrast domestic application drop led to a decline in the Asia-pacific application.
There was 46%, two-year full-time programme increased by 2013 if we compared with 79% in 2012. In regard to the one year full-time they moved from 53% in 2013 but it was 77% in 2012.
The survey report said that the slowdown in application for the two-year full-time programmes in the Asia-Pacific region is occurring at the same time the rate of economic growth is declining particularly in China.
However the master’s programmes in management have continued to rise with the most reporting an increase of 61% in applications. Those masters’ in accounting and finance programmes showed a quite different scenario as they as their performance has been strong. Finance showed 48% and accounting showed 39% as increase or stable application volume.
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