Who in the US Is Heading to B-School?

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WHO IN THE US IS HEADING TO BUSINESS SCHOOL? 91% of US residents considering business school are also US citizens, and just 4% of them would prefer to study outside the US. Some 8% of non-US citizens living in the US would like to study outside the US. WHO WHAT WHY HOW © 2014, Graduate Management Admission Council. Sources: Graduate Management Admission Council. GMAT exams taken between July 1, 2011-June 30, 2013; mba.com Prospective Students Survey of 10,360 candidates living in the US considering graduate business school in 2012-2013. For more, see mba.com or gmac.com *Respondents could choose more than one answer CONSULTING Current Industry Intended Industry* ENERGY/UTILITIES FINANCE/ACCOUNTING HEALTHCARE TECHNOLOGY MANUFACTURING GOV/NON-PROFIT PRODUCTS & SERVICES 21% 17% 7% 8% 4% 8% 17% 10% 26% 17% 7% 11% 7% 22% 27% 14% 258,084 Top Specific Programs Considered* 59% 41% 42% 40% 18% US residents took the GMAT exam Under 25 31 & Older Between 25 & 30 Female Male 84% 38% of prospective business school students are considering MBA programs are considering specialized master’s degrees in business* Other Grants Loans Personal Earnings/Savings Spouse/Partner Earnings Employer Support Parental Support 2% 16% 27% 22% 2% 19% 11% Top 5 77% 76% 67% 67% 64% 2. Increase Salary 1. Job Opportunities 3. Accelerate Career Path 4. Develop Business Skills 5. Professional Credentials Reasons why US residents are considering business school* Expected Financing Mix to cover 100% of educational costs 42% 41% 32% 25% 21% Part-time MBA Full-time 2-year MBA Full-time 1-year MBA Flexible MBA Online MBA

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Demographic data on US residents from the Graduate Management Admission Council show who is going to business school and why.

Transcript of Who in the US Is Heading to B-School?

Page 1: Who in the US Is Heading to B-School?

WHO IN THE USIS HEADING TO BUSINESS SCHOOL?

91% of US residents considering business school are also US citizens, and just 4% of them would prefer to study outside the US. Some 8% of non-US citizens living in the US would like to study outside the US.

WHO

WHAT

WHY

HOW

© 2014, Graduate Management Admission Council. Sources: Graduate Management Admission Council. GMAT exams taken between July 1, 2011-June 30, 2013; mba.com Prospective Students Survey of 10,360 candidates living in the US considering graduate business school in 2012-2013. For more, see mba.com or gmac.com

*Respondents could choose more than one answer

CONSULTINGCurrent Industry Intended Industry*

ENERGY/UTILITIESFINANCE/ACCOUNTING

HEALTHCARETECHNOLOGY

MANUFACTURINGGOV/NON-PROFIT

PRODUCTS & SERVICES21% 17%

7%

8%

4% 8%

17%

10%

26% 17%

7%

11%

7% 22%

27%

14%

258,084

Top Specific Programs Considered*

59% 41%

42% 40% 18%US residents tookthe GMAT exam

Under 25 31 & OlderBetween 25 & 30

FemaleMale

84% 38%of prospective business school students

are considering MBA programs are considering specialized

master’s degrees in business*

Other

Grants

Loans

Personal Earnings/Savings

Spouse/Partner Earnings

Employer Support

Parental Support

2%

16%

27%22%

2%

19%

11%

Top 5

77% 76% 67% 67% 64%

2. Increase Salary1. Job Opportunities

3. Accelerate Career Path

4. Develop Business Skills5. Professional Credentials

Reasons why US residents

are considering business school*

Expected Financing Mix to cover 100% of educational costs

42%

41%

32%

25%

21%

Part-time MBA

Full-time 2-year MBA

Full-time 1-year MBA

Flexible MBA

Online MBA