Recent data from GMAC’s GMAT Trends in Student Mobility Interactive Report shows a rise in citizens from different countries sending their GMAT scores to global business schools in the last year:
- Saudi Arabia is up 191% with 3,036 scores sent.
- Iran is up 182% with 2,344 scores sent.
- Vietnam is up 151% with 3,235 scores sent.
- South Africa is up 97% with 1,629 scores sent.
But these scores are not being sent to American schools. It turns out students from abroad have been looking at other more local options when applying to graduate school. Although many are sending their scores to American schools, more are sending them to regional international business programs that use the GMAT exam:
- Russian citizens are opting to study in Europe, which is why the percentage of scores sent to the US dropped from 68% to 53% from 2006-2010.
- South African citizens are now sending 56% of their scores to local programs as opposed to 29% in 2006.
- Even Canadians from Ontario—who took the most GMAT tests this year in Canada—are sending 71% of their scores to domestic programs.
The number of GMAT score reports sent to regional business programs in Africa, Western Europe, the Middle East, and Canada has reached a five-year high this year.
The bottom line: More students around the world are taking the GMAT in order to apply to MBA programs, but the majority of these prospective students are staying in local programs, leaving the US MBA market behind.
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