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In the midst of the pandemic, GMAT applications experience a growth of 21% | India News

NEW DELHI – Amid all the bad news around the world surrounding the Covid-19 situation, the global business education apps trend in the US has rebounded with record growth of 21% for the 2020 cycle. Applications for the graduate management admissions test during the pandemic for 731 global management programs not only recorded growth, but also offset the negative growth trend of 2019.
Increased mobility of Indian students to the United States for management education is also anticipated due to the policy changes of the new administration.
This even when Graduate Management Admission Council surveys also reveal that 88% of companies are planning to accelerate MBA recruitment. Total application growth in 2020 grew by 2.4% compared to –3.2% in 2019.
Sangeet Chowfla, GMAC President and CEO said: “In the second quarter of 2020, we saw a lot of concern about the study, travel restrictions and visa availability. In 2020, the application to US business schools actually grew to a record amount of almost 21% and obviously the biggest growth was national (29%). There was less growth in international applications, but there was still a growth of around 14%. We saw similar images for business schools in Europe and Asia ”.
The pandemic affected the recruitment strategy of business schools, as B schools in Canada (63%), Europe (51%) and the US (49%) sought to recruit more national candidates and most of the schools in these places and Asia Pacific. significantly increased your budget for online initiatives.
According to Chowfla, “The rate of return, the amount of gap between the people who actually joined and the people who volunteered, had decreased because some international students chose to defer until next year. We also see a decline in nationwide enforcement in places like India and China, perhaps the candidates are putting their plans on hold. ”

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