India No. 4 in World's Best Education Destination list
It is an ill-kept secret that Indian education standards are among the best in the world. But now, it's official. India stands at number 4 in the list of most desired education destinations.
The Graduate Management Admission Council (GMAC), the body which conducts GMAT recently conducted a survey, which pegged the United States and the United Kingdom at No. 1 and 2, but what has come as a real surprise is India's rank. The third most powerful Asian nation has been placed at the 4th most desired place to study management courses.
GMAT is one amongst the top B-school entrance test which is conducted at global level. Canada has secured the third position in the lot. Even Spain and Israel have appeared in the list among the top preferred destinations for B-schools.
Experts believe that India's entry to the list is no surprise. They said that as the country is coming up with reputed business schools of international standards, it was quite obvious. Business schools in India are among the best in the world. The Indian School of Business, Hyderabad, has been ranked at 12th in the Financial Times (London) Global MBA rankings.
Also, the Indian Institutes of Management spread across major cities have also led MBA aspirants to opt for Indian schools. IIMs adopt GMAT for its entrance exams.
Experts said business school aspirants have now become mature. They have become particular about the returns they would get after making an investment in management studies. Because academics here is cheaper than in the US and the UK, MBA degree-seekers are turning their heads towards India.
On a different note, while Indians have always been fascinated of continuing their studies in America, it has now emerged that Canada is a more favoured destination now. The GMAC survey reports said 78% of full-time MBA courses in Canada were largely applied for by Indians.
Source: India Syndicate