The Association of MBAs released their Intake and Graduate Report which revealed a significant increase in the number of students enrolling in MBA programs in developing markets. The report includes details on MBA enrollment and graduation figures for business schools around the world that are accredited by the association. The total number of students applying to these programs has increase by over 20% in 2011. China and Latin America have both experienced enrollment increases of 30% and 23%, respectively.
Chinese business schools are looking to take on a more international focus and expand their appeal to foreign students over the upcoming year. Several schools in China are AMBA accredited and this number is expected to reach 20 by the end of the year. Latin America is taking a similar approach and is planning on increasing international partnerships with other global business schools. Students tend to prefer schools offering this an international component as they provide an unique perspective to studies.
The MBA program is being seen as a worthwhile investment for those in the field of business. This trend can also be viewed with Indian students as enrollment rates are continuing to increase despite the visa changes that have been taking place and the decline in the value of the rupee.
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