In the 2021-22 academic year, India sent close to two lakh - 1,99,182 students to the United States for higher education. Of them, 13.3% roughly 26,000 went for business and management programmes, shows data from Open Doors 2022, a US State Department-funded initiative.
Indian study-abroad consultants report that interest in pursuing management abroad in the US and elsewhere has risen again after the Covidrelated slump but securing employment after the course is a problem with the pandemic and Ukraine war straining even developed economics. Rohit Singh [name changed], 32, graduated with an MBA from Georgetown University in June 2022 and found a job with an online retail major in Seattle but found the process challenging. "Landing a job with no proper placement system is challenging because the number of companies hiring and sponsoring international students is smaller compared to firms recruiting native students who don't need a sponsorship or visa," he explained.
Nikhil Jain, co-founder and chief operating officer of ForiegnAdmits, a business-to-business study-abroad consultancy, said that while MBAs from UK universities typically have bright prospects, many students are "looking to return due to inflation in UK markets". He added: "Also, compared to the number of students going for an MBA, the employment opportunities are less."
Nikhil Jain, Co-founder and Chief Operating Officer, ForiegnAdmits Compared to the number of students going for an MBA, the employment opportunities are less
More students
"The best MBA destinations like the US, UK, Australia and Singapore, have seen a 44% increase in students going for the course till October 2022, over the previous year," said Aman Singh, founder, GradRight, a studyabroad education consultant.
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100 Best Business Schools In The Country
For Careers360's 2025 B-school ranking, we ranked 100 public and private management institutions and rated over 500, dividing them into zones and city clusters
'We have a completion rate of 80-90%'
During an interaction, Mayank Kumar, co-founder and managing director of upGrad, spoke to Sheena Sachdeva about new courses in accounting and management, the profile of learners, trends in online MBA courses, and more. Edited excerpts from the conversation below
New roles and spaces
Online MBA has helped many working professionals climb up the office hierarchy or even pivot to an entirely new career. But there are challenges.
'Committed to industry-relevant learning'
International Management Institute (IMI), New Delhi, is India's first corporate-sponsored B-school. It offers three PG diplomas in management - the flagship PGDM with 300 seats, as well as human resource management and business and financial studies with 60 each. Himadri Das, director general, IMI, discussed the challenges posed by competition among private business schools, the importance of diversity, and IMI's NIRF rankings with Sanjay. Edited excerpts from the interview.
National Insurance Academy plans expansion to meet rising demand
The National Insurance Academy (NIA), now situated in Pune, was established jointly by the ministry of finance and all the major public sector undertakings (PSUs) in insurance. Originally a training institute for insurance industry professionals, it has been offering a postgraduate diploma in management (PGDM) since 2004 and has placed 100% of its students all through.
The era of MBA in sustainability
As companies are increasingly pushed to meet environmental compliances, management institutes are revamping their curricula with specialised MBA programmes in sustainability or launching new programmes
Despite good record, SRCC's PGDM faces degree hurdle
Delhi University's Shri Ram College of Commerce started its postgraduate diploma in Global Business Operations (GBO) 25 years ago. Principal Simrit Kaur spoke to Shradha Chettri on their effort to convert the diploma into a degree programme, changes required in the National Institutional Ranking Framework (NIRF) and more. Edited excerpts
Managing produce, from farm to plate
Agribusiness managers are in great demand, both on the 'input' side of agriculture - seeds, fertilizer, machinery businesses - as well as in the processing of the 'output'
Creating 'innovators with conscience'
The SP Jain Institute of Management and Research (SPJIMR), Mumbai, has been the top Indian institution in the Financial Times' (FT) Masters in Management rankings for two years in a row. Varun Nagaraj, dean of SPJIMR, spoke to Atul Krishna about what the institute does differently, its plans, the future of business education, and the FT and National Institutional Ranking Framework (NIRF) lists. Edited excerpts below
'Quality management education that is equitable': FMS Dean
The Faculty of Management Studies (FMS) at the University of Delhi (DU) is one of India's premier business schools offering MBA courses at a relatively low cost, compared to most leading business schools in India. Celebrating its 70th year, it is also one of the first university-based business schools. In an interview with Sanjay, head and dean of FMS A Venkat Raman spoke about the functioning of a business school under a central university, challenges, courses and future plans. He also spoke on the Common Admission Test (CAT) and its impact on diversity in student cohorts. Edited excerpts
