India stands at 4th place in top B-school destinationsThe education prospects in India seem to be quite bright. The Times News Network reports that India stand at 4th place in the global list of most popular destinations for management studies.
Graduate Management Admission Council (GMAC) conducted a survey and came out with amazing results. In the top 10 B-Schools Canada ranks 3rd. Israel and Spain also made surprise entries.
The GMAC is the body that conducts GMAT which is a global B-school entrance test. Its scores are used by several top ranked business schools for admission process in management courses around the world.
Experts opine that many elite institutions have cropped up in India which is the main reason behind India's climbing up to the top fourth position. IIMs have also contributed to this success.
Experts are of the opinion that another reason is that the return on investment in a management course is quite high as compared to the fee structure. The cost of getting management education in India is comparatively quite low as compared to the U.S and the U.K.
It is also expected that India can soon become the most preferred destination of management studies like Singapore and Philippines in Asia. Moreover India is cheaper is as compared to its western counterparts.
For the aspiring Indian students Canada is becoming the most favourite destination for management studies. The economy there is found to be the most robust and with good job prospects and liberal visa policies.