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.
This story is from the December 2022 edition of Careers 360.
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This story is from the December 2022 edition of Careers 360.
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