Thinking about going back to do some more study? A huge number of people have taken advantage of being “in between jobs” to do so – but maybe not as many as you think as most MBA programs reported a decrease in applications in 2011.
People still aren’t straying too far away from existing jobs though as MBA programs that have shown the greatest increase are – finance 83%, management 69% and just over 50% for accounting programs.
However where the students are coming from is changing – with a 46% increase in graduate programs from international applications (China and India topping the list of foreign applicants)
So where to study? This may be a good wish list –
MSc Econometrics and Mathematical Economics
London School of Economics
Acceptance rate: Less than 5%
Approx. Tuition: $30,500 a year.
Alumni: The school has 13 Nobel Prize winners among its former alumni and staff, and over 30 former or current heads of state or government.
Bachelor of Technology
Indian Institute of Technology
Acceptance rate: Less than 2% (approximately 5,500 admissions out of 300,000 applicants).
Approx. Tuition: $1,100 a year (including miscellaneous administrative expenses).
Alumni – R. Narayana Murthy (cofounder and chairman of Infosys); Rajat Gupta (former managing director of McKinsey & Company); Vinod Khosla (cofounder of Sun Microsystems).
Harvard Business School
Acceptance rate: 12%
Approx. Tuition: $39,600 per year plus many extra fees.
Alumni: Michael Bloomberg, George W. Bush
Johns Hopkins School of Medicine
Acceptance rate: 4%.
Alumni: Peter Agre (winner of Nobel Prize in Chemistry), Richard Axel (winner of Nobel Prize in Medicine), Herbert Spencer Gasser (winner of Nobel Prize in Physiology), Haldan Keffer Hartline (winner of Nobel Prize in Medicine).