Foreign business schools continue to dazzle Indian students
A growing number of Indians are seeking a foreign business school education. The Graduate Management Admission Council (GMAC), which conducts the Graduate Management Admission Test (GMAT), released its 2016 Prospective Students Survey Report, and showed 81% of Indian students preferred to study internationally, up from 76% in 2011. The top reasons for Indian students to go abroad include the reputation of the educational system (72%), improved chances of having an international career (68%), potential to develop an international network of peers/colleagues (53%), better preparation for their career (52%), diversity of the student body (42%), and attractiveness of the location (37%).
This comes at a time when even Indian business schools, recognizing the allure of a foreign degree, are trying to increase their collaborations with foreign universities. In 2014, Indian Institute of Management, Ahmedabad, came together with Massachusetts Institute of Technology, Harvard University and University of California, Berkeley for joint research projects. Liveminit
