Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 27 May 2017, 12:49

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# MBA News: Apps 10% down, Salaries down too, More Non-US appl

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

Founder
Joined: 04 Dec 2002
Posts: 14954
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
Followers: 3961

Kudos [?]: 25185 [1] , given: 4765

MBA News: Apps 10% down, Salaries down too, More Non-US appl [#permalink]

### Show Tags

13 Sep 2011, 11:14
1
KUDOS
Expert's post
News Roundup for Business School & MBA News

• Business School? No Thanks WSJ Posted an interesting article in today's issue
Quote:
Applications for two-year, full-time M.B.A. programs that start this fall dropped an average of 9.9% from a year earlier, according to new data from the Graduate Management Admission Council, which administers the Graduate Management Admission Test. The decline marks the third year in a row that applications have fallen.
• MBA career promises: Behind the fancy job stats
Quote:
Most aggregate salary data for MBA graduates is anything but conclusive. While the Graduate Management Admission Council reports that the median starting salary for 2010 grads was $78,820 -- with 42% receiving a median$15,000 signing bonus, PayScale research indicates that the average 2010 starting MBA salary was \$61,000 including bonuses. The PayScale data, which screened for anyone who identified as having an MBA, is drawn from a larger and more inclusive, but probably less elite pool of grads.

Quote:
"One thing that's absolutely clear is that if you just go to a random MBA program it is not a guaranteed route to a six-figure salary after you finish," Lee says. "The top 20 programs, there's a decent chance that could happen, but once you get out of the top 20, that's just not the case."
• WSJ: Who Is Applying to Business Schools?
Quote:
According to a GMAC survey released Tuesday, 45% of applicants to U.S. programs were from outside the U.S., up from 39% in 2010. The Asia-Pacific region – particularly India and China – remains the biggest source of international applicants, contributing 57% of the pool for U.S. programs. Europe contributed just 4% to U.S. programs.

_________________

Founder of GMAT Club

US News Rankings progression - last 10 years in a snapshot - New!
Just starting out with GMAT? Start here...
Need GMAT Book Recommendations? Best GMAT Books

Co-author of the GMAT Club tests

Senior Manager
Joined: 05 May 2011
Posts: 358
Location: United States (WI)
GMAT 1: 780 Q49 V50
WE: Research (Other)
Followers: 7

Kudos [?]: 97 [0], given: 35

Re: MBA News: Apps 10% down, Salaries down too, More Non-US appl [#permalink]

### Show Tags

16 Sep 2011, 20:49
really interesting thank you.
Joined: 29 Jan 2011
Posts: 61
Location: United States (TX)
Concentration: Technology, Strategy
Schools: McCombs '14 (WL)
GMAT 1: 650 Q35 V45
GPA: 3.72
Followers: 1

Kudos [?]: 16 [0], given: 24

Re: MBA News: Apps 10% down, Salaries down too, More Non-US appl [#permalink]

### Show Tags

17 Sep 2011, 20:29
From the WSJ article: "But even though M.B.A. application volume has slumped, most schools report the quality of candidates, based on their GMAT scores, undergraduate transcripts and work experience, is getting stronger. "You're not getting applications from those who aren't serious," said Dave Wilson, chief executive of GMAC."

It looks like it's not less competitive, it's just that people that don't have a good chance of being admitted anyway aren't bothering to apply anymore.
Manager
Status: Taking heavily leveraged but calculated risks at all times
Joined: 04 Apr 2010
Posts: 183
Concentration: Entrepreneurship, Finance
Schools: HBS '15, Stanford '15
GMAT Date: 01-31-2012
Followers: 1

Kudos [?]: 72 [0], given: 12

Re: MBA News: Apps 10% down, Salaries down too, More Non-US appl [#permalink]

### Show Tags

18 Sep 2011, 08:49
scary.
But hopefully we will be able to connect the dots looking backward after bschool.
Manager
Status: MLT Fellowship - MBA Prep
Affiliations: Beta Gamma Sigma - Business Honors Society, FINRA Securities Licenses, CA Insurance Licenses
Joined: 29 Nov 2010
Posts: 172
Location: United States (CA)
Concentration: Finance, Strategy
GMAT 1: 700 Q48 V38
GMAT 2: 750 Q50 V42
GPA: 3.47
WE: Sales (Retail Banking)
Followers: 10

Kudos [?]: 33 [0], given: 8

Re: MBA News: Apps 10% down, Salaries down too, More Non-US appl [#permalink]

### Show Tags

21 Sep 2011, 23:42
thanks for the roundup!
_________________

Brandon Hoffman

Management Leadership of Tomorrow (MLT) - MBA Programs Fellow
MLT LA Chapter - Board Member / Recruiting Officer
Net Impact - Professional Chapter Co-President
MBADiversity Organization - Global Fellow, CHINA

Re: MBA News: Apps 10% down, Salaries down too, More Non-US appl   [#permalink] 21 Sep 2011, 23:42
Similar topics Replies Last post
Similar
Topics:
MBA Applicants - Knives Down! 0 26 Nov 2014, 02:14
1 Are round 2 apps down this year? 4 21 Jan 2013, 14:13
R2 App Volume Down? 5 02 Jan 2013, 10:26
IESE app down? 2 02 Sep 2010, 08:38
9 Discussion: App Volume? Up or down this year? 24 01 Apr 2010, 01:48
Display posts from previous: Sort by

# MBA News: Apps 10% down, Salaries down too, More Non-US appl

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.