As I write this post I am actually considering the possibility of studying abroad for my MBA. The main reason I have come to this conclusion is that many international MBA programs are globally ranked higher than U.S schools and their admissions policies are far more lax than U.S. counter parts. The starting pay is the same as graduates from U.S. schools and the percentage of those employed after graduation is the same(many back in the U.S.) For instance, INSEAD ( international graduate business school and research institution) is ranked #1 globally by Business Week. However, their GMAT scores (640-740 Avg of 699) for entrance is substantially lower than Harvard, UPenn, and Stanford. Also INSEAD option for a 1 year full time MBA is significantly more appealing than the traditional 2 year program at U.S. institutions. Many people who score 660 on the GMAT have a slight chance of getting into U.S. intuitions because of the saturation in applications they receive. You almost have to have started your own company, made millions, and wrote a book to get accepted. The percentage of applications admitted for the top 15 schools range from 6% to 18%. I am going to write more on this topic but here’s some links for rankings and admission statistics.
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