Published: September 24, 2013
Applicant Volume for Full-Time MBA Programs on the Rise
A majority of U.S. business schools reported year-over-year growth in full-time MBA applicant volume for the first time since 2009, according to new data from the Graduate Management Admissions Council (GMAC). For the class that started this year, the median number of applications for full-time, two-year MBA programs rose by nearly 12 percent worldwide, GMAC reports.
GMAC, which administers the GMAT entrance exam, surveyed 683 graduate programs at 328 schools worldwide for its latest Application Trends Survey, the results of which were released yesterday. Application volume increased at 50 percent of two-year programs responding to the survey, up from 43 percent a year ago. Interest in one-year MBA programs also climbed, with 49 percent of programs surveyed reporting a rise in applicant volume this year over last, as compared to 47 percent last year.
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