India fifth most preferred educational destination for MBA students

United States tops the list of the preferred study destinations followed by United Kingdom, Canada, France and India.

The reputations of the educational system is the most important factor which a prospective students considers to decide a preferred study destination.

A recent report on prospective students reveals that India is the 5th most preferred study destinations for MBA students. The United States tops the list of the top 10 preferred study destinations followed by United Kingdom, Canada, France, India, Hong Kong, Germany, Singapore, Australia, and the Netherlands.

Apart from having a good reputations for educational system, affordability of education/tuition fees and the availability of financial aid are also the factors which make India a preferred choice for students.

The most common factor a prospective student considers while pursuing a graduate management degree is the cost of the education. MBA candidates expect to finance nearly half of their education through personal earnings or savings and loans. According to the survey report, specialized master's candidates expect to rely on parental support and personal earnings or savings to finance half the cost of their education.

Visa rules of the study destination is also an important factor while choosing a study destination.

The primary motivations of today's prospective business school students to pursue a graduate management education are consistent with the past to increase job opportunities, develop knowledge, skills, and abilities and higher salary potential.