Who in the US Is Heading to B-School?
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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