who in dc is heading to b-school?
DESCRIPTION
GMAC data show high interest in govt/nonprofit, consulting among prospective b-school students in DC.TRANSCRIPT
WHO IN D.C.IS HEADING TO BUSINESS SCHOOL?
Out of 23 US metro areas, the Washington, D.C. area has a high percentage of prospective students working in, or planning to
work in, consulting and government/non-profit sectors.
WHO
WHAT
WHY
HOW
© 2014, Graduate Management Admission Council. Sources: Graduate Management Admission Council. GMAT exam data July 1, 2011-June 30, 2013; mba.com Prospective Students Survey of 418 candidates in the D.C. metro area considering graduate business school in 2012-2013. For more, see mba.com or gmac.com.
*Respondents could choose more than one answer
CONSULTINGCurrent Industry Intended Industry*
ENERGY/UTILITIESFINANCE/ACCOUNTING
HEALTHCARETECHNOLOGY
MANUFACTURINGGOV/NON-PROFIT
PRODUCTS & SERVICES10% 32%
2%
3%
2% 26%
10%
8%
26% 30%
4%
7%
9% 40%
27%
12%
9,715
Top Specific Programs Considered*
60% 40%
31% 55% 15%D.C. metro residents took the GMAT exam
Under 25 31 & OlderBetween 25 & 30
FemaleMale
93%
27%
of prospective business school students are
considering MBA programs
are considering specializedmaster’s degrees in business*
Other
Grants
Loans
Personal Earnings/Savings
Spouse/Partner Earnings
Employer Support
Parental Support
2%
17%
31%23%
2%
12%12%
Top 5
78% 76% 71% 71% 69%1. Increase Salary
2. Job Opportunities
4. Accelerate Career Path
3. Develop Business Skills
5. More Interesting Work
Reasons why D.C. metro residents
are considering business school*
Expected Financing Mix to cover 100% of educational costs
FULL-TIME 2 YEAR MBA
PART-TIME MBA
FULL-TIME 1 YEAR MBA
FLEXIBLE MBA
ONLINE MBA
63% 47% 33% 27% 14%
FULL-TIME 2 YEAR MBA
PA R T-TIME MBA
FULL-TIME 1 YEAR MBA
F L E X I B L E MBA
ONLINE MBA
62% 47% 34% 27% 15%