India in top 4 among B-school destinations

[rohit bansal]

That the US and the UK are the most popular destinations for
management studies is not big news. But the findings of a survey
conducted by the Graduate Management Admission Council (GMAC), which
conducts GMAT, a B-school entrance test used globally, have thrown up
some surprises. Number 4 on the list of the Top 10 preferred
destinations for B-school aspirants is India, with Canada at No. 3.
Israel and Spain are the other surprise entrants.

According to experts, India's foray into the elite league has a lot to
do with the emergence of institutions such as the Indian School of
Business, Hyderabad, which was ranked No. 12 globally in the Financial
Times ( London) Global MBA rankings earlier this year. The IIMs, which
use GMAT as an entrance test for their executive MBA programmes, are
also responsible for India's popularity.

''B-school aspirants are looking at a return on their investment, and
with the investment being lower for management education in India when
compared to the US and the UK, the returns are higher,'' said an
expert. Many feel that India can soon emerge as a hub for management
studies amongst Asian countries such as Singapore and the Philippines
as the country will be a far less expensive destination than western
giants.
source:TOI