AMERICANS ARE LOOSING INDIAN STUDENTS IN 'B'SCHOOLS

"DAY BY DAY AMERICANS ARE LOOSING INDIAN STUDENTS WHO ARE PURSUING THEIR MBA ,COMPARING THE REPORTS THE NUMBERS HAD BEEN DECREASED BECAUSE OF QUALITY EDUCATION ARE GETTING WITHIN INDIA FROM TOP 'B'SCHOOLS"

• The great Indian dream of pursuing an MBA in the US seems to be on the wane. India has for long been ahead of China when it comes to flooding US B-schools with GMAT (Graduate Management Admission Test) scores: from 2005 to 2009, US Bschools received the maximum number of GMAT scores from India. But this year, the dragon has beaten the tiger in this arena. So where have all the Indian students gone? They seem to have found a new destination for management education. It’s called India.
• Here’s a look at the facts. In testing year 2005 (July 1, 2004 to June 30, 2005), when over 43,000 GMAT scores were sent to management programmes in the US by Indians, a mere 19,196 GMAT scores came from Chinese citizens. Till 2009, India maintained its lead over China. But in testing year 2010 (July 2009-June 2010), for the first time the number of Chinese sending in their scores has far outnumbered Indians: 80,000 to the Indians’ 65,361. Ashok Sarathy, vice-president, GMAT Programme, feels this may have a lot to do with the emergence of high-quality management education within India.
• “There’s been a growing interest in the local market among Indian management aspirants, with high-quality management programmes being offered in India. Indians are now seeing tremendous opportunity in their own economy and in Indian degrees,’’ said Sarathy, speaking to TOI from the US.Sarathy’s views are borne out by the statistics. In testing year 2010, over 17,000 Indian citizens sent in their GMAT scores to Indian institutions. Meanwhile, only 1,743 GMAT scores from mainland China (and 5,184 from Hong Kong) were sent to Chinese B-schools in the same period.
  While the last five years have seen only a marginal increase in GMAT scores sent by Chinese students to academic institutions in their own country (but a steady growth in those sent to the US), there has been an almost four-fold increase in the number of Indians applying to Indian management institutions — from 4,879 in 2005 to a whopping 17,087 in 2010.