There’s growing evidence of students choosing not to travel to business schools – especially to the US where loans and job prospects are in decline. The Economist:
- The fact is that the traditional choices are becoming less appealing to prospective students. Given the current downturn, many of them no longer see North America and Europe as great sources of interesting and lucrative jobs. Increasingly they are seeing their own economies, particularly India and China, as better bets.
Added to this is the growth in stature of business schools outside the American-Europe nexus. Both India and China will soon have business schools considered as equal to the established giants of the West.
I can’t imagine this will be a long-term trend (the decline in international students) although it’s probably a given that students will in the future be traveling east as much as west.
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