The recent article, American Business Schools Seek Students Among Indian Executives, in The Chronicle of Higher Education reports that due to the current recession EMBA programs are increasing efforts to appeal to Indian companies. Many American companies that used to fully sponsor their executives, are now only covering up to half of the $50,000 it costs to enroll in an EMBA program. Therefore professors from nine universities, including George Washington, Northeastern, and Ohio State Universities, are meeting with Indian companies as a possible new source of revenue.
American universities hope that India will be a good source of income since, unlike the Unites States, India has very few EMBA programs. Faculty director of the EMBA program at Florida International explains, “Our university has lost corporate clients to the slowdown. We are in India to build a relationship with the companies here.”