US business schools losing market share

A report released this week by the Graduate Management Admission Council reveals that business schools in the United States lost market share again in 2011. The percentage of test scores being sent to schools in the United States dipped from 83 percent in 2007 to 77 percent in 2011. A growing number of students in Europe are pursuing options closer to home, and those in East and Southeast Asia are also applying in many different parts of the world. Results do, however, show that Middle Eastern citizens are sending more scores to programmes in the United States. The report compared the number of people taking the council’s Graduate Management Admission Test in 2007 and 2011, and examined trends in where they were sending their scores. Source: The Chronicle of Higher Education