India among top 5 MBA destinations

now: Study

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Good news for Indian B-schools, as the country comes among the top five preferred study destinations worldwide, ahead of countries like Hong Kong, Germany , Singapore, Netherlands and Australia. Moreover, a new study revealed that during the decision making process for selection of B-school criteria, quality of faculty , job placement, programme type and fee structure matter more than the rankings for aspiring management graduates. According to the study by Graduate Management Admission Council which conducts the GMAT for admission to 6,100 graduate business and management programs worldwide, rankings don't feature in top five consideration criteria for actually selecting a program and a study destination.

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The number of B-school aspirants seeking to study outside their country of citizenship has increased from 40% in 2010 to 52% in 2014. India features among the top five destinations, while the leader's (the US), popularity decreased from 73% of prospective students in 2010 to 66% in 2014. Two-thirds 66%) of prospective students across the globe, however, still prefer the US, folowed by the UK (6%), Canada (5%), France (3%), ndia (3%), Hong Kong (2%), Germany (2%), Singapore 2%), Netherlands (2%) and Australia (1%).The four main reasons prospective students prefer o study outside their counry of residence include a desire for an international career, the welcoming nature of the study destination, English-language development, and word-of-mouth recommendation.Though the survey does show that published rankings have an influence in candidates' school consideration, it places rankings overall as the third most consulted information resource for prospective students after school websites and friends and family .

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