Graduate business degree demand Increases as COVID-19 concerns wane – GMAC report

Interest in graduate management education (GME) programmes this year continues to grow among prospective students, a trend that coincides with waning concerns about the impact of COVID-19.

This is according to a new report published by the Graduate Management Admission Council (GMAC™).

The Council’s 2021 Prospective Students Survey Report finds the proportion of respondents reporting they are extremely or very concerned about the pandemic declined from 41 to 33 per cent over the survey period.

In addition, three in four (73 per cent) international candidates planning to pursue an MBA outside their country of citizenship are not changing their original plans despite the pandemic.

According to a statement, women candidates are more receptive to remote learning than men.

They are willing to accept a higher proportion of their degree to be completed online and are more likely to agree that career opportunities gained through an on-campus graduate business degree are the same as those gained through an online degree.

GMAC president and chief executive officer, Sangeet Chowfla said: “As vaccines become increasingly available, prospective students around the world are seeing light at the end of the tunnel regarding the global pandemic.

“It is especially, encouraging to find female candidates seeking advanced business degrees for career advantages despite the unique challenges and barriers they face due to COVID-19.”

In addition, more candidates are considering GME to upgrade skills amidst COVID-19 uncertainties; international candidates still prefer mobility over online; and, the United States and the United Kingdom remain top destinations for international students.

Source: BERNAMA News Agency

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