The Best Time To Secure An MBA Degree From Abroad Is Here

There was a time when fetching an MBA degree from an American university was directly proportional to ensuring a place in the top management of a reputed firm. However with unemployment, stiff completion, layoffs and slow economic growth at an all time high at present, students should resort to in-depth research before opting for an MBA course from a university abroad or even in their homeland. It is important to remember that an MBA degree comes as one among the highest qualification landmarks achieved by an individual, significantly influencing one’s employment opportunities and career paths.

Students from emerging economies like India are rapidly reflecting a keen interest to pursue MBA as per a GMAC’s report. The report highlights that the number of potential students presenting their GMAT scores to eminent business schools has grown almost a 100 fold in recent years. In fact, programs in India and Singapore experienced the largest percentage increase in the number of GMAT scores reported between 2014-15. The good news for MBA aspirants willing to get admitted in eminent business schools across the globe is that contrary to the findings of the report, MBA programs in the United States are witnessing a decline in MBA applications.

This is a clear indication that securing a degree from a US based business school is easing up, which comes as  a matter of rejoice for Asian students. To add more to the celebration, the employment opportunities for MBA degree holders are on a consistent rise, after the global economic meltdown and are expected to grow many folds in the coming years

As discussed above, despite all the hiccups and turmoil's enveloping the world economy, this may be the best time to get an MBA degree from a business school in the U.S. as universities in the country are now more keen to admit international students, especially students from developing nations including India and China, which have limited options to receive quality business related education. A recent article in the Wall Street Journal reported U.S. Universities’ increased interest in India and other emerging markets because of the decline in domestic applications. Additionally, the significant rise in the world’s emerging economies and the relative dearth of management talent in these countries has created new opportunities for fresh MBAs.

That said, getting an MBA is considerable commitment—it requires time, financial commitment and a clear vision of why getting an MBA is the right choice for you at this point in your life. Your reasons for embarking upon this path can range from career advancement within the same industry to a desire to switch careers and pursue something new. Whatever your vision, the better you can articulate it to yourself, the higher your chances of convincing the school that you are a good contender.

To conclude, the decision to pursue an MBA program must be a realistic one, Which should help you with your life’s goals. The major step to getting into a reputed program is a strong application form which indicates not only your past achievements but should also reflect your potential. Being able to communicate that potential to your business school may decide your success.