B-school applications dip 3% in India, 56 other nations: GMAC

Int'l Applicants From India Fall By 54%, Domestic By 2.9%

- Manash Gohain

New Delhi: Reflecting perhaps the end of the Coviddisrupted years and offering insight into how the post-pandemic market for graduate management education (GME) may take shape, the latest survey of trends in applications for management studies across 57 countries revealed a dip of 3.4% in Bschool applications.

Another reason for the decline in application is due to a hot hiring market and the ‘great resignation’ in the US with employers increasingly focused on retention, thus putting downward pressure on domestic candidate demand for GME. Globally, the biggest hit was taken by domestic applications, with 60% of MBA programmes witnessing decline in aspirants.