Here are some highlights from GMAC’s recent Application Trends Survey:
• For the third year in a row, application volume increased for full-time two-year MBA programs. This year, 61% of programs reported application growth, up from 50% in 2013.
• Application volume also increased for professional MBA programs (part-time, online, EMBA, and flexible), as well as Master in Marketing and Communications, Master of Accounting, Master in Information technology, and Master in Management programs.
• Other specialized business master programs saw decreases in application volume. Master of Finance programs saw a decrease in application volume for the third year in a row.
• 65% of U.S. full-time two-year MBA programs reported an increase in applications from foreign applicants. Master in Finance programs received the largest number of foreign applications at 82%. This is compared to the 52% of foreign applicants who applied to full-time two-year MBA programs.
For more details, see the GMAC press release.