GMAC: Two-Year MBA Candidates Decline for Second-Class Schools

The Graduate Management Admission Council says interest among GMAT test takers in applying to two-year MBA programs dropped heavily year to one of the lowest levels in many years.

 In 2013, the number of GMAT test takers who sent their score reports to two-year MBA programs dropped  29.1% to 69,465 from a peak of 97,674 in 2009. Last year’s year-over-year fall was a 21.7% drop from 88,700 in 2012.

Last year, 35,953 of the prospective students who took the GMAT exam wanted their scores sent to a two-year program, a 33.7% decline from 2009 and a 24.4% drop from the previous year.

Among 33,512 non U.S. takers represented a 20.1% decline 2009. Most of the decline occurred last year when the numbers fell 18.5% from 2012 when 41,119 students sent their scores to two-year MBA programs.

Harvard Business School saw aplications to its MBA program last year increase by 3.9% to 9,315 candidates and by 7.6% from 2008. Eight of the Top 10 schools had lower acceptance rates last year than in 2012 largely because of application increases.


ND’
The decline is in second- and third-tier MBA programs.

Source: GMAC