1、2021 Graduate Management Admission Council(GMAC).All rights reserved.The Global Demand for Graduate Management EducationNovember 2021Access report,webinar,blog,and infographicApplication Trends Survey 20212021 Graduate Management Admission Council(GMAC).All rights reserved.GMAC ResearchGMAC MissionP

2、rovide the tools and information necessary for schools and talent to discover and evaluate each otherResourcesBlogsInfographicsReportsWebinarsGMATGeographic Trend ReportProfiles of TestingSurvey ResearchApplication Trends SurveyAlumni Perspectives SurveyCorporate Recruiters S Prospective Students S

3、Graduate Management Admission Council(GMAC).All rights reserved.1.Executive Summary and Key Highlights.4-192.All Programs:Relative Analysis.20-323.MBA Programs:Relative Analysis 33-45 4.Business Masters Programs:Relative Analysis.46-565.Regional Snapshot:Relative Analysis.57-756.Impact of COVID-19.7

4、6-797.About.80-90a)Graduate Management Admission Council(GMAC)b)Methodology,Respondent Profile and Program Statisticsc)Contributors and Contact InformationContents32021 Graduate Management Admission Council(GMAC).All rights reserved.Absolute change analysis is based on 680 programs that responded to

5、 both the 2020 and 2021 surveys.It analyzes the application volume to provide a pairwise comparison of the number of applications received by programs that responded to consecutive years surveys,allowing for an apples-to-apples comparison of the volume of applications received in one year versus ano

6、ther.Weighted absolute change adjusts for the regional distribution of selective GME programs globally using data from AACSB,EFMD,and AMBA.Other terms used in the survey to measure different aspects of application volumes,applicant pools,and the admissions outcomes include:Acceptance Rate is the tot

7、al number of candidates acceptedinto a program divided by the total number of completeapplications,including deferrals from prior admissions cycles.Deferral Rate equals the number of candidates that areexpected to defer divided by the number of acceptedcandidates.Yield Rate(Enrollment rate)is the nu

8、mber of candidatesexpected to enroll divided by the number of candidatesaccepted into a program.Domestic vs.International Candidate:An internationalcandidate refers to any applicant whose citizenship differsfrom that of the country where the program is located.Adomestic candidate refers to any appli

9、cant who is a citizen ofthe country where a program is located.Key DefinitionsThe report uses two approaches to assess changes in the volume of applications for GME programs:Relative change analysis is based on 967 programs that responded to the 2021 survey.It summarizes the proportion of programs b

10、y the direction of change in application volume(growth,stable,decline)compared with the prior year.This takes into account all responding programs in a survey year.The bulk of the data analyzed in this report(e.g.,programs and regions)is based on relative analysis.1242021 Graduate Management Admissi

11、on Council(GMAC).All rights reserved.The Graduate Management Admission Council(GMAC)conducts the annual Application Trends Survey(ATS)of business school admissions offices around the world to offer timely insights into the demand for graduate management education(GME).This survey aids admissions,rec

12、ruitment,and marketing professionals in understanding the candidate pipeline and informing their future strategies.This report focuses on global demand for GME and analyzes differences by programs and regions for the 2020-2021 admissions season(incoming class of 2021).This survey data was collected

13、between July 8 and August 23,2021,and garnered responses from 967 programs at 269 business schools worldwide.More details are available under the methodology section,along with the respondent profile and program statistics.Executive SummaryGlobal demand for graduate management education sustained at

14、 the elevated levels of 2020 with variations by program and regionIn 2021,the volume of applications for GME programs was flat(0.4%)compared to 2020.However,given the universally high-volume growth in 2020,although 2021 looks similar to 2020,it is still higher than 2019.As compared to 2020,more prog

15、rams report growth in applications from international candidatesWeighted absolute year-on-year change in application volumes from international candidates shows an increase of 4.1 percent as compared to a decline of 3.8 percent from domestic candidates.More full-time two-year MBA programs report gro

16、wth in applications from women candidatesIn 2021,three in five(60%)full-time two-year MBA programs reported an increase in applications from female candidates compared to two in five(43%)programs reporting growth from male candidates.5Before the pandemic,the number of applications for GME programs h

17、it a three-year low as they contracted by 3.1 percent in 2019.A combination of factors,including a strong employment market for domestic candidates and unwelcoming immigration policies in the US and the UK for international candidates,redirected the demand for GME.However,the uncertainty triggered b

18、y the global pandemic reversed the application volume directions towards the growth of 2.4 percent.This shift was similar to a countercyclical impact on application volumes in times of economic uncertainty last seen during the financial crisis of 2008/9.In addition,as candidates hedged their risks a

19、nd schools introduced more flexible admissions policies,application volumes soared in 2020.The 2021 application cycle is set in the context of this dramatic growth in applications in the preceding year.In 2021,the volume of applications for GME programs was flat(0.4%)compared to 2020.However,given t

20、he universally high-volume growth in 2020,although 2021 looks similar to 2020,it is still higher than 2019.9.1%5.4%-3.1%2.4%0.4%200202021Year-on-Year Change in ApplicationsTotal Applications(2017-2021)Weighted Absolute Year-on-Year Change*A weighting methodology was applied to the absolut

21、e year-on-year change sample to adjust for theregional distribution of selective GME programs globally-using data from AASCB,EFMD,and AMBA.Theabsolute year-on-year change for specific countries or regions shown in rest of the report is not weighted.Global demand for graduate management education sus

22、tains at the elevated levels of 20206Level of concern about the impact of COVID-19 varies by candidatesWhat does the data tell us about candidate concerns while applying for the 2021 admissions cycle?For a majority of GME candidates applying for the incoming class of fall 2021,considerations and dec

23、isions were made in fall 2020 and spring of 2021 when global economies were still showing unevenness in vaccination rates,travel restrictions,and economic recoveries.This means that candidates were still navigating a great deal of uncertainty.Among prospective students planning to enroll in 2021,dom

24、estic candidates(19%)were nearly four times as likely to report that they were“not at all concerned”as compared to international candidates(5%),according to Prospective Students Survey.In terms of gender differences,35 percent of female candidates were“very concerned”or“extremely concerned”about the

25、 impact of COVID-19 on their plans to pursue GME in 2021,as compared to 29 percent of male candidates.This diversity of candidate adaptiveness to the pandemic uncertainty resulted in variations in application volumes by programs,regions,and candidates.7%12%11%9%16%26%24%20%29%34%31%33%29%23%25%26%19

26、%5%10%12%DomesticInternationalFemaleMalePercentage of RespondentsSource: Prospective Students Survey(Oct2020-Mar2021)Level of concern about the impact of COVID-19 among prospective students planning to enroll in 2021Not at all concernedSlightly concernedModerately concernedVery concernedExtremely co

27、ncerned7Candidates adapted differently topandemic-induced uncertaintyOne of the ways candidates adapted differently to the pandemic is in terms of consideration of alternatives.Among the prospective students planning to enroll in 2021,domestic candidates were more willing to consider online learning

28、(36%)or a business school closer to home(30%)as compared to international candidates(15%and 17%,respectively).This shows that even though international candidates expressed a higher level of concern about the pandemic,they were also more willing to progress on their path of pursuing GME.In contrast,

29、domestic candidates were considering alternatives that may provide more flexibility in pursuing GME.The differences by gender were less apparent.One in four(23%)female and male candidates were willing to considering online learning.These considerations by diverse candidates translated into varied ou

30、tcomes of application volumes for the incoming class of 2021.30%36%46%17%15%69%24%23%58%22%23%61%I am more willing to consider a business schoolcloser to homeI am more willing to consider online learningI am not changing my original plansSource: Prospective Students Survey(Oct2020-Mar2021)Percentage

31、 of RespondentsImpact of COVID-19 on prospective students planning to enroll in 2021MaleFemaleInternationalDomestic8One way application volumes vary is by candidate citizenship relative to program location.Weighted absolute year-on-year change in application volumes from international candidates sho

32、ws an increase of 4.1 percent compared to a decline of 3.8 percent from domestic candidates.This difference becomes starker for full-time MBA programs.Data shows that leading programs attracted a larger share of application volumes from international candidates irrespective of the rankings category.

33、More programs ranked 51-100 by The Financial Times reported growth in applications from international candidates(58%)compared to domestic candidates(37%).In addition,programs ranked among the top 50 were more likely to report growth in applications from international candidates than those ranked 51-

34、100.For example,twice as many US programsranked in the top 50 according to the US News&World Report reported an increase in applications from international candidates(73%)as domestic candidates(36%).GMAC Application Trends Survey,202145%37%3%11%52%53%1-50(n=30)51-100(n=19)DomesticDeclineStableGrowth

35、66%58%3%11%31%32%1-50(n=30)51-100(n=19)InternationalRelative Year-on-Year Change in Total Application Volume Full-Time MBA programs,by the Financial TimesRankingsRelative Year-on-Year Change in Total Application Volume US Full-Time MBA programs,by US News&World Report Rankings41%31%5%0%54%69%1-50(n=

36、39)51-100(n=29)DomesticDeclineStableGrowth73%36%3%18%24%46%1-50(n=39)51-100(n=28)InternationalRanking categoryRanking categoryDivergence in application volumes for full-time MBA programs by domestic and international candidates9Female candidates and alumni view the MBA degree as a launchpad for futu

37、re leadership roles.For instance,four in five(81%)women alumni of MBA programs strongly agree or agree that graduate management education prepared them for leadership positions1.Even though the impact of COVID-19 has been more severe on working women2,application data shows that women candidates are

38、 not giving up on their leadership ambition.In 2021,three in five(60%)full-time two-year MBA programs reported an increase in applications from female candidates compared to two in five(43%)programs reporting an increase from male candidates.It is also worth noting that a smaller share of online MBA

39、 programs(42%)reported growth in applications from female candidates compared to full-time MBA programs(60%).Even though female candidates were open to modifying plans and going online in 2020,they seem to have a more evident preference for in-person,full-time programs in 2021.GMAC Application Trend

40、s Survey,20211 GMAC Alumni Perspectives Survey,(n=998|May 2020-Sept 2021)2 Why has COVID-19 been especially harmful for working women?Bookings(2020)Relative Year-on-Year Change in Applications,2019-2021Proportion of Programs Reporting Growth in Applications38%65%60%33%63%43%201920202021Percentage of

41、 ProgramsAxis TitleFull-time two-year MBA ProgramsFemaleMale47%80%42%44%71%24%201920202021Percentage of ProgramsAxis TitleOnlineMBA ProgramsFemaleMaleMore MBA programs report growth from female applicants than from male candidates102021 Graduate Management Admission Council(GMAC).All rights reserved

42、.Reasons applications are up from admissions officers perspectivesQ:What are the reasons your overall application volume is(up/flat/down)compared to last year?very significant increase in number of applications from India,possibly due to two-year work visa.Admissions officer from a B-school in the U

43、KInternational applications are up,possibly due to easing of COVID restrictions and/or perception of the US.Admissions officer from a B-school in the USWe reconfigured our program and added an online delivery option that is popular during the pandemic.Admissions officer from a B-school in the US1120

44、21 Graduate Management Admission Council(GMAC).All rights reserved.Q:What are the reasons your overall application volume is(up/flat/down)compared to last year?We extended our admissions cycle last year due to COVID which cannibalized applications for this year.Admissions officer from a B-school in

45、Europeexpected decline due to the lack of accommodations that were made for the 2020 cycle.Admissions officer from a B-school in CanadaWe are still up from our 2019 numbers but lower than 2020 due to a return to pre-pandemic waiver policies.Admissions officer from a B-school in the USReasons applica

46、tions are down from admissions officers perspectives122021 Graduate Management Admission Council(GMAC).All rights reserved.Enrollment Funnel:Sustaining the growth momentumSource:GMAC Application Trends Survey 2021| survey received responses from 967 programs at 269 business schools worldwide between

47、 July-August 2021.Proportion of programs reporting growth in applicationsDeferral rates(median)Yield rates(median)Acceptance rates(median)201%67%41%65%70%68%2%6%3%62%60%59%Overall,application volumes in 2021 were flat compared to 2020;higher compared to 2019 In 2020,two in three(67%)progr

48、ams reported growth in applications.This growth momentum was sustained by nearly two in five programs(41%)in 2021.In 2021,acceptance rates were higher than 2019 as schools continue to hedge pandemic-induced uncertainty Deferral rates for 2021 decreased as compared to 2020 as schools became more sele

49、ctive with their policies and candidates became less concerned about the pandemic Yield rates in 2021 remained at a lower level than 2019 as candidates adapted their choicesAcceptance Rate is the percentage of total candidates(including deferrals)accepted into the program divided by the number of co

50、mpleted applications.Deferral Rate equals the percentage of candidates that will defer divided by the number of accepted candidates.Yield Rate is the percentage of candidates that will enroll divided by the number of accepted candidates.132021 Graduate Management Admission Council(GMAC).All rights r

51、eserved.65%41%40%46%40%71%69%42%41%44%37%75%68%38%32%50%31%75%OverallAsia PacificCanadaEuropeUnited KingdomUnited StatesAcceptance rateAcceptance Rates(Median)202%62%66%66%55%61%60%51%61%59%51%60%59%52%61%63%52%59%OverallAsia PacificCanadaEuropeUnited KingdomUnited StatesYield rateYield R

52、ates(Median)20%1%4%5%7%2%6%2%9%6%6%6%3%2%3%5%6%2%OverallAsia PacificCanadaEuropeUnited KingdomUnited StatesDeferral rateDeferral Rates(Median)201%49%55%66%61%37%67%57%79%72%82%67%41%63%69%46%49%38%OverallAsia PacificCanadaEuropeUnited KingdomUnited StatesPercentage of programsP

53、rograms Reporting Increase in Application Volume201920202021Enrollment Funnel by RegionOverall,the median acceptance rate was slightly higher at 68 percent in 2021 as compared to 65 percent in pre-pandemic 2019.The median yield rates for 2021 were stable at the 2020 level,but lower than the pre-pand

54、emic 2019 level.Overall,the deferral rates(median)halved from 6 percent in 2020 to 3 percent in 2021.Percentage of programs reporting growth in application volume for 2021 as compared to last year has decreased across all regions,except Asia-Pacific.142021 Graduate Management Admission Council(GMAC)

55、.All rights reserved.65%69%64%70%70%70%68%68%69%OverallMBABusiness MastersAcceptance rateAcceptance Rates(Median)202%68%56%60%64%53%59%64%54%OverallMBABusiness MastersYield rateYield Rates(Median)20%3%1%6%7%5%3%4%2%OverallMBABusiness MastersDeferral rateDeferral Rates(Median)20

56、1%40%42%67%66%67%41%41%42%OverallMBABusiness MastersPercentage of programsPrograms Reporting Increase in Application Volume201920202021Enrollment Funnel by Program TypeOverall,the median acceptance rate was higher in 2021 as compared to 2019,but lower than 2020.Business masters programs r

57、eported lower yield rates(median)than MBA programs.In 2021,the median deferral rates for MBA programs(4%)was twice as much as business masters programs(2%).Overall,2 in 5 MBA and business masters programs reported an increase in applications in 2021.152021 Graduate Management Admission Council(GMAC)

58、.All rights reserved.41%55%62%58%74%45%62%53%51%76%42%46%55%39%75%Asia PacificCanadaEuropeUnited KingdomUnited StatesMBA203%37%65%69%40%32%34%51%74%35%46%24%76%Asia PacificCanada*EuropeUnited KingdomUnited StatesBusiness Masters207%68%68%52%68%58%63%57%46%66%60%61%60%48%65%Asia

59、 PacificCanadaEuropeUnited KingdomUnited StatesMBA204%66%65%50%43%52%59%51%52%47%64%53%51%Asia PacificCanada*EuropeUnited KingdomUnited StatesBusiness Masters201920202021Yield Rates(Median)3%4%6%6%3%5%11%11%11%6%7%4%8%9%3%Asia PacificCanadaEuropeUnited KingdomUnited StatesMBA20

60、%4%7%0%0%7%4%5%6%0%4%5%1%Asia PacificCanada*EuropeUnited KingdomUnited StatesBusiness Masters201920202021Deferral Rates(Median)Acceptance Rates(Median)53%56%62%52%33%55%81%63%61%70%61%72%34%53%37%Asia PacificCanadaEuropeUnited KingdomUnited StatesMBA201920202021Programs Reporting Increase in Applica

61、tion Volume41%45%52%41%64%80%78%94%65%68%52%46%39%Asia PacificCanada*EuropeUnited KingdomUnited StatesBusiness Masters201920202021Enrollment Funnel by Program Type and RegionThe median acceptance rate was higher for MBA and business masters programs in the US.Median yield rate for MBA programs in th

62、e US was higher than other regionsDeferral rates for MBA programs has reduced across all regions.Percentage of programs reporting growth in applications for 2021 varies by region and program.*Data unavailable for 2018-2019 Canadian Business Masters program due to insufficient responses(N10).162021 G

63、raduate Management Admission Council(GMAC).All rights reserved.Key HighlightsOverallTwo in five(41%)graduate business programs received more applications in 2021 compared with 2020.This was a continuation of growth momentum for select programs from 2020,when two in three programs reported growth in

64、applications.Large graduate business programs(101 or more students)are more likely than small programs(100 or less students)to report application volume growth this year.Forty-six percent of large programs received more applications this year as compared to 40 percent of small programs.In 2021,accep

65、tance rates were higher than 2019 but lower than 2020 as schools continued to hedge pandemic-induced uncertainty.Overall acceptance rates were at 68 percent in 2021 compared to 65 percent in 2019 and 70 percent in 2020.Deferral rates halved from 6 percent in 2020 to 3 percent in 2021 as deferral pol

66、icies became more stringent.As a result,yield rates remained slightly lower at 59 percent in 2021 compared to 62 percent in 2019.172021 Graduate Management Admission Council(GMAC).All rights reserved.Key HighlightsFull-time MBA ProgramsFull-time MBA programs exhibited a higher ability to sustain dem

67、and in 2021.Half of full-time one-year(52%)and two-year(56%)MBA programs report an increase in applications in 2021 compared to 41 percent of all programs.Higher-ranked full-time two-year MBA programs attracted a larger share of international applicants.For example,applications from international ca

68、ndidates(66%)grew more at programs ranked 1-50 by The Financial Times than domestic candidates(45%).Larger full-time two-year MBA programs received more applications than smaller programs.Sixty percent of large programs(101 or more students)received more applications this year than 54 percent of sma

69、ll programs(100 or less students).In 2021,60 percent of full-time two-year MBA programs report an increase in applications from female candidates compared to 43 percent of programs indicating growth from male candidates.Likewise,more full-time two-year MBA programs report growth in applications from

70、 international candidates(57%)than from domestic candidates(42%).The share of full-time two-year MBA programs showing growth in applications from international candidates has doubled from 28 percent in 2019 to 57 percent in 2021.Professional MBA Programs*In 2021,the share of executive MBA and online

71、 MBA programs reporting growth in applications from female candidates was higher than programs reporting growth from male candidates.For example,two in five(42%)online MBA programs reported an increase in applications from female candidates as compared to one in four(24%)programs reporting an increa

72、se from male candidates.Likewise,twice as many executive MBA programs reported growth in application from female candidates(38%)than male candidates(19%).Overall,the percentage of part-time MBA,executive MBA,and online MBA programs reporting growth in applications was at the lowest level since 2017.

73、In particular,only 10 percent of part-time self-paced MBA programs reported an increase in applications in 2021 compared to 69 percent in 2020 and 33 percent in 2017.Flexible MBA programs were an exception,with nearly half of them registering growth in applications compared to 38%in 2019.*Profession

74、al MBA programs include those geared toward the needs of working professionals and include part-time,online,executive,and flexible MBA programs.182021 Graduate Management Admission Council(GMAC).All rights reserved.Key HighlightsBusiness Masters ProgramsAfter a year of robust growth in 2020,when two

75、 in three programs reported an increase in applications(67%),two in five(42%)business masters programs continued their growth momentum in applications in 2021.Growth momentum varied by program type.Overall,half(47%)of all master of data analytics programs reported growth in applications.While the pr

76、oportion of master of data analytics programs reporting growth has declined from 2017(75%),it was still higher than the proportion of master of finance(36%)and master of accounting(32%)programs reporting growth in applications in 2021.More master of data analytics programs reported growth in applica

77、tions from international candidates(52%)as compared to domestic candidates(44%).In contrast,only 29 percent of master of accounting programs reported growth in applications from international candidates compared to 50 percent of programs reporting growth from domestic candidates.Nearly half(49%)of m

78、aster in management(MiM)programs continued their growth momentum in 2021.The share of programs reporting growth in application volume doubled from 42 percent in 2019 to 80 percent in 2020.However,there are variations by domestic and international candidates.Only 29 percent of MiM programs reported g

79、rowth in applications from domestic candidates compared to 51 percent of programs reporting an increase in applications from international candidates.Regional PerspectivesAsia-Pacific:Sixty-three percent of respondents in the Asia-Pacific region report growth in applications compared to 57 percent i

80、n 2020 and 49 percent in 2019.In particular,the share of business masters programs reporting growth in applications increased by 27 percentage points(41 percent in 2019 to 68 percent in 2021).Canada:In 2020,more programs reported growth in applications from domestic candidates(84%)compared to intern

81、ational candidates(65%).In 2021,two in three programs reported growth in applications from domestic candidates(62%)and international candidates(66%).Europe:In 2021,the share of programs reporting growth in applications from international candidates(58%)was higher than domestic candidates(31%).UK:nea

82、rly half of the British programs reported growth in applications in 2021smallest share of programs reporting growth compared to recent years(82 percent in 2020 and 61 percent in 2019).US Underrepresented Minorities(URMs):More full-time two-year MBA programs reported growth in URM applications in 202

83、1(56%)compared to pre-pandemic 2019(37%).The share of full-time two-year MBA programs reporting growth in applications from female URM candidates increased by 22 percentage points between 2019(38%)to 2021(60%).The share of part-time programs reporting growth hit a five-year low in 2021.19All Program

84、s:Relative AnalysisThis section includes an overall summary of relative analysis for all programs.Some of the key dimensions of analysis include:Candidate ProfilesRegionsProgram CharacteristicsNote:Relative change analysis is based on 967 programs that responded to the 2021 survey.It summarizes the

85、proportion of programs by the direction of change in application volume(growth,stable,decline).All data reported in this section is based on relative analysis.Back to Table of Contents202021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications by domestic or internat

86、ional candidates56%56%55%56%55%44%44%45%44%45%200202021Percentage of ApplicationsOverallDomesticInternational28%30%26%24%30%72%70%74%76%70%200202021EuropeDomesticInternational60%61%61%63%63%40%39%39%37%37%200202021USDomesticInternational65%59%55%51%47%35%41%45%49%53%

87、200202021Asia-Pacific*DomesticInternational14%12%14%12%6%86%88%86%88%94%200202021UKDomesticInternational43%45%46%44%39%57%55%54%56%61%200202021CanadaDomesticInternationalAll Programs*Reflective of types of programs responding from various regions212021 Graduate Manag

88、ement Admission Council(GMAC).All rights reserved.Share of applications by male or female candidates57%55%55%56%56%43%44%44%44%44%200202021OverallMaleFemale60%60%61%61%60%40%40%39%39%40%200202021EuropeMaleFemale55%54%54%55%56%45%45%45%45%44%200202021USMaleFemale63%57

89、%59%57%56%37%42%40%43%44%200202021Asia-PacificMaleFemale57%56%54%53%54%43%44%46%46%46%200202021UKMaleFemale61%59%60%58%57%39%40%39%41%43%200202021CanadaMaleFemaleAll Programs222021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications

90、by work experience of candidates45%47%51%64%49%55%53%49%36%51%200202021OverallLess Than 3 Years3 Years+48%55%59%66%57%52%45%41%34%43%200202021EuropeLess Than 3 Years3+Years49%50%54%64%50%51%50%46%36%50%200202021USLess Than 3 Years3+Years35%42%45%56%56%65%58%55%44%44%

91、200202021Asia-PacificLess Than 3 Years3 Years+37%35%44%73%48%63%65%56%27%52%200202021UKLess Than 3 Years3+Years30%35%33%52%30%65%65%67%48%70%200202021CanadaLess Than 3 Years3+YearsAll Programs232021 Graduate Management Admission Council(GMAC).All rights reserved.Over

92、all,two in five programs reported growth in applications in 2021Relative Year-on-Year Change in Total Applications from All Programs,%63%49%57%63%6%8%6%11%9%22%29%45%32%27%200202021Asia-Pacific75%63%55%79%69%3%2%18%0%0%23%35%26%21%31%200202021Canada65%61%53%72%46%12%

93、9%5%2%4%23%30%42%26%50%200202021Europe38%32%37%67%38%8%8%7%6%6%54%60%56%27%55%200202021US69%67%61%82%49%12%4%4%0%7%18%30%36%18%44%200202021UKProportion of programs reporting growth in applications was higher in the Asia-Pacific region(63%)and Canada(69%)as compared t

94、o Europe(46%),the UK(49%),and the US(38%)44%40%41%67%41%8%8%7%6%6%47%51%52%27%53%200202021OverallDeclineStableGrowthAll Programs242021 Graduate Management Admission Council(GMAC).All rights reserved.A higher share of programs report growth from international candidates in 2021 as compared

95、 to pre-pandemic 201944%40%41%67%41%8%8%7%6%6%47%51%52%27%53%200202021OverallDeclineStableGrowthRelative Year-on-Year Change in Total Applications from All Programs,%40%42%65%39%16%15%14%12%11%42%44%52%23%50%200202021Domestic38%37%36%50%45%21%19%21%18%15%41%44%43%32%

96、40%200202021International42%42%41%60%42%16%13%13%11%9%42%45%46%28%49%200202021Female40%37%38%62%40%16%14%13%11%11%44%49%48%27%49%200202021MaleAll Programs25Proportion of programs reporting growth in applications from international candidates(45%)was slightly higher t

97、han those reporting growth from domestic candidates(39%)Proportion of programs reporting growth in applications from female candidates(42%)was slightly higher than those reporting growth from male candidates(40%)2021 Graduate Management Admission Council(GMAC).All rights reserved.Europe,UK and US:Mo

98、re programs report decline in applications from domestic candidatesRelative Year-on-Year Change in Total Applications from Domestic Candidates,%40%42%65%39%15%15%14%12%11%42%44%44%23%50%200202021OverallDeclineStableGrowth52%54%48%37%63%23%19%20%27%20%25%28%32%35%17%201720182019

99、20202021Asia-Pacific29%37%53%84%62%12%11%11%8%10%59%52%37%8%28%200202021Canada42%39%29%63%31%21%33%23%9%12%37%28%49%28%57%200202021Europe42%40%41%67%37%14%13%12%11%9%44%47%47%23%54%200202021US35%41%49%82%19%15%11%11%4%6%50%48%40%13%65%200202021UKAll Progra

100、ms26Proportion of programs reporting growth in applications from domestic candidates was higher in the Asia-Pacific region(63%)and Canada(62%)as compared to Europe(31%),the UK(19%),and the US(37%)2021 Graduate Management Admission Council(GMAC).All rights reserved.Overall,share of programs reporting

101、 growth from international candidates has increased from 2019 to 2021Relative Year-on-Year Change in Total Applications from International Candidates,%37%36%41%46%20%18%21%13%15%42%45%43%46%40%200202021OverallDeclineStableGrowth38%47%37%45%39%36%26%32%28%22%27%26%32%26%39%20172

102、0021Asia-Pacific77%65%50%65%66%11%11%21%11%3%11%24%29%24%31%200202021Canada65%70%61%84%49%10%2%5%2%7%25%28%33%13%44%200202021UK32%28%30%47%43%20%19%22%19%16%48%53%48%34%41%200202021US67%63%59%60%58%15%13%20%7%8%17%24%22%33%34%200202021EuropeAll

103、Programs27Proportion of programs reporting growth in applications from international candidates was higher in Canada(66%)and Europe(58%)as compared to the Asia-Pacific(39%),the UK(49%),and the US(43%)2021 Graduate Management Admission Council(GMAC).All rights reserved.Overall,two in five programs re

104、port growth in applications from female candidatesRelative Year-on-Year Change in Total Applications from Female Candidates,%42%41%60%42%16%13%13%11%9%42%45%46%28%48%200202021OverallDeclineStableGrowth59%66%53%53%61%19%10%12%14%10%22%24%35%33%30%200202021Asia-Pacific

105、59%64%50%65%66%6%3%16%14%7%34%33%34%22%28%200202021Canada63%67%60%80%39%4%7%6%5%12%33%26%35%16%49%200202021UK38%34%36%61%40%16%13%13%11%8%47%53%51%27%52%200202021US68%54%41%47%42%20%20%1%11%14%12%26%38%42%44%200202021EuropeAll Programs28Proportion of progr

106、ams reporting growth in applications from female candidates was higher in the Asia-Pacific region(61%),and Canada(66%)as compared to the Europe(42%),the UK(39%),and the US(40%)2021 Graduate Management Admission Council(GMAC).All rights reserved.Overall,two in five programs report growth in applicati

107、ons from male candidates64%54%46%47%59%17%15%10%15%17%19%31%44%38%24%200202021Asia-PacificRelative Year-on-Year Change in Total Applications from Male Candidates,%43%61%57%66%6%7%11%16%7%28%51%29%27%28%200202021Canada48%43%30%62%43%22%28%23%9%17%30%29%47%28%40%201720

108、021Europe35%32%37%63%36%15%12%13%11%10%50%55%50%26%54%200202021US40%37%38%62%40%16%14%13%11%11%44%49%48%27%49%200202021OverallDeclineStableGrowth58%61%46%84%44%6%11%6%5%7%35%28%48%11%49%200202021UKAll Programs29Proportion of programs reporting growth in ap

109、plications from male candidates was higher in the Asia-Pacific region(59%),Canada(66%)as compared to the Europe(43%),the UK(44%),and the US(36%)2021 Graduate Management Admission Council(GMAC).All rights reserved.Share of programs reporting growth in applications vary by program characteristicsPropo

110、rtion of Programs Reporting Growth in Overall ApplicationsRelative Year-on-Year Change,2018-2021OverallProgram20021STEM certified41%41%74%45%Evening program37%38%66%30%Weekend program34%33%58%34%4+1 or Integrated program44%42%69%40%On-campus-43%Online-46%Hybrid-41%Flexible-37%Question add

111、ed in 2018.On-campus,Online,Hybrid,Flexible options were added in 2021.All Programs302021 Graduate Management Admission Council(GMAC).All rights reserved.More weekend programs report growth in applications from female candidates as compared to male candidatesProportion of Programs Reporting Growth i

112、n Applications from Male vs.Female CandidatesRelative Year-on-Year Change,2018-2021MaleFemaleProgram2002202021STEM certified47%41%74%43%42%46%68%41%Evening program31%36%57%35%39%37%63%32%Weekend program33%34%51%30%40%37%57%41%4+1 or Integrated program35%41%67%44%42%38%68%40%On-

113、campus-43%-43%Online-45%-49%Hybrid-38%-40%Flexible-41%-36%Question added in 2018.On-campus,Online,Hybrid,Flexible options were added in 2021.All Programs312021 Graduate Management Admission Council(GMAC).All rights reserved.More STEM certified programs report growth in applications from internationa

114、l as compared to domestic candidatesProportion of Programs Reporting Growth in Applications from Domestic vs.International CandidatesRelative Year-on-Year Change,2018-2021DomesticInternationalProgram2002202021STEM certified50%48%76%42%36%43%67%49%Evening program40%43%65%29%36%2

115、7%45%37%Weekend program33%38%58%35%28%31%35%34%4+1 or Integrated program47%59%72%43%47%30%56%39%On-campus-40%-46%Online-40%-53%Hybrid-32%-48%Flexible-43%-41%Question added in 2018.On-campus,Online,Hybrid,Flexible options were added in 2021.All Programs32MBA Programs:Relative AnalysisBack to Table of

116、 ContentsThis section reports relative analysis(growth,stable,decline)for 450 MBA programs that responded to the 2021 survey.The analysis includes breakdown by candidate profile and regions with a focus on the following program types:Full-time two-year MBAFull-time one-year MBAPart-time lockstep MBA

117、Part-time self-paced MBAFlexible MBAOnline MBAExecutive MBANote:Relative change analysis is based on programs that responded to the 2021 survey.It summarizes the proportion of programs by the direction of change in application volume(growth,stable,decline).All data reported in this section is based

118、on relative analysis.332021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications by domestic or international candidates68%69%69%70%68%32%31%31%30%32%200202021Percentage of applicationsMBA,OverallDomesticInternational26%31%28%22%21%74%69%72%78%79%201720182

119、01920202021Percentage of applicationsMBA,EuropeDomesticInternational74%75%77%79%78%26%25%23%21%22%200202021Percentage of applicationsMBA,USDomesticInternational67%72%68%68%60%33%38%32%32%40%200202021Percentage of applicationsMBA,Asia-Pacific*DomesticInternational21%20%25%18%10%

120、79%80%75%82%90%200202021Percentage of applicationsMBA,UKDomesticInternational52%56%56%56%47%48%44%44%44%53%200202021Percentage of applicationsMBA,CanadaDomesticInternationalMBA Programs*Reflective of types of programs responding from various regions.342021 Graduate Management A

121、dmission Council(GMAC).All rights reserved.Share of applications by male or female candidates62%60%60%60%60%38%39%39%40%44%200202021Percentage of applicationsMBA,OverallMaleFemale65%67%66%66%66%35%33%34%34%34%200202021Percentage of applicationsMBA,EuropeMaleFemale60%59%59%60%59

122、%40%40%41%40%41%200202021Percentage of applicationsMBA,USMaleFemale63%61%60%62%62%37%37%39%38%38%200202021Percentage of applicationsMBA,Asia-PacificMaleFemale66%65%63%64%63%34%35%37%36%37%200202021Percentage of applicationsMBA,UKMaleFemale54%64%64%62%61%36%36%36%38%3

123、9%200202021Percentage of applicationsMBA,CanadaMaleFemaleMBA Programs352021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications by work experience of candidates29%28%30%41%24%71%72%70%59%76%200202021Percentage of applicationsMBA,OverallLess tha

124、n 3 Years3+Years11%7%18%15%5%89%93%82%85%95%200202021Percentage of applicationsMBA,EuropeLess Than 3 Years3+Years33%32%33%45%28%67%67%67%55%72%200202021Percentage of applicationsMBA,USLess Than 3 Years3+Years34%35%36%37%32%66%65%64%63%68%200202021Percentage of applic

125、ationsMBA,Asia-PacificLess Than 3 Years3+Years4%3%6%41%4%96%97%94%59%96%200202021Percentage of applicationsMBA,UKLess Than 3 Years3+Years25%19%19%28%15%75%81%81%72%85%200202021Percentage of applicationsMBA,CanadaLess Than 3 Years3+YearsMBA Programs362021 Graduate Management Adm

126、ission Council(GMAC).All rights reserved.Overall,two in five MBA programs reported growth in applications in 2021Relative Year-on-Year Change in Total Applications for MBA Programs,%36%40%68%41%8%8%7%7%5%44%55%52%26%54%200202021OverallDeclineStableGrowth73%58%53%55%61%6%6%7%14%

127、4%21%42%40%31%35%200202021Asia-Pacific74%50%56%81%72%4%3%15%0%0%22%47%30%19%28%200202021Canada73%40%56%64%34%23%3%3%3%3%4%47%42%33%63%200202021Europe40%31%33%70%37%6%8%8%7%6%54%61%60%24%58%200202021US78%52%70%61%53%7%7%4%0%11%15%41%26%39%37%2002

128、02021UKMBA ProgramsProportion of MBA programs reporting growth in applications was higher in Canada(72%)and the Asia-Pacific region(61%)as compared to Europe(34%),the UK(53%),and the US(37%)372021 Graduate Management Admission Council(GMAC).All rights reserved.A higher share of MBA programs report g

129、rowth from international candidates in 2021 as compared to 2019Relative Year-on-Year Change in Total Applications for MBA Programs,%36%40%67%41%8%8%8%5%5%44%55%52%28%54%200202021OverallDeclineStableGrowth44%39%41%61%34%16%16%15%13%11%40%45%43%27%55%200202021Domestic3

130、7%33%33%44%44%22%22%24%22%21%41%45%43%34%36%200202021International44%41%41%60%44%16%13%13%13%9%40%46%46%31%47%200202021Female40%34%36%58%35%17%13%13%13%13%43%53%50%29%52%200202021MaleMBA ProgramsProportion of programs reporting growth in applications from internation

131、al candidates(44%)was higher than those reporting growth from domestic candidates(34%)Proportion of programs reporting growth in applications from male candidates(35%)was lower than those reporting growth from female candidates(44%)382021 Graduate Management Admission Council(GMAC).All rights reserv

132、ed.Overall,share of full-time MBA programs reporting growth in applications is higher in 2021 when compared to 2019-3-2-0304050607080951Full-Time MBA(Combined)-3-2-1Full-Time Two-Year MBA-3-2-0304050607080951Part

133、-Time MBA(Combined)-3-2-718192021Part-Time Self-Paced MBA-3-2-1Full-Time One-Year MBA-3-2-718192021Part-Time Lockstep MBA-3-2-1315171921Flexible MBA-3-2-0Executive MBA-3-2-1315171921Online M

134、BAScale:Relative change in application volume over time,where-3 indicates significant decline in volume compared to the previous year,0 indicates no change from the previous year,and+3 indicates significant increase compared to the previous year.MBA Programs392021 Graduate Management Admission Counc

135、il(GMAC).All rights reserved.Global Full-time MBA:Top-50 programs were more likely to report growth in applications53%53%0%11%47%37%1-50(n=30)51-100(n=19)OverallDeclineStableGrowth45%37%3%11%52%53%1-50(n=30)51-100(n=19)Domestic66%58%3%11%31%32%1-50(n=30)51-100(n=19)International59%53%7%0%34%47%1-50(

136、n=30)51-100(n=19)WomenRelative Year-on-Year Change in Total Application Volume Full-Time MBA programs by the Financial TimesRankingsCategories based on rankings from the 2021 FT Global MBA Rankings for full-time programs.For schools that reported multiple full-time MBA programs,the flagship full-tim

137、e two-year MBA program was used.MBA Programs402021 Graduate Management Admission Council(GMAC).All rights reserved.US Full-time MBA:Three in four top-50 programs reported growth in applications from international candidates59%33%41%3%13%6%38%53%53%1-50(n=39)51-100*(n=30)Unranked(n=862)OverallDecline

138、StableGrowth41%31%39%5%0%12%54%69%49%1-50(n=39)51-100*(n=29)Unranked(n=815)Domestic73%36%44%3%18%15%24%46%41%1-50(n=39)51-100*(n=28)Unranked(n=807)International59%55%41%8%0%10%32%45%50%1-50(n=39)51-100*(n=29)Unranked(n=807)WomenCategories based on rankings from the 2021 US News and World Report Rank

139、ings for full-time MBA.For schools that reported multiple full-time MBA programs,the flagship full-time two-year MBA program was used.Relative Year-on-Year Change in Total Application Volume US Full-Time MBA programs by the US News and World Report RankingsMBA Programs412021 Graduate Management Admi

140、ssion Council(GMAC).All rights reserved.Overall,the share of full-time MBA programs reporting growth in applications has increased from 2019 to 2021Proportion of MBA Programs Reporting Growth in Overall ApplicationsRelative Year-on-Year Change,2017-2021OverallProgram200202021Full-time two

141、-year MBA45%30%37%72%56%Full-time one-year MBA56%41%33%64%52%Part-time lockstep MBA57%30%42%70%24%Part-time self-paced MBA33%35%39%69%10%Flexible MBA41%34%38%64%48%Executive MBA54%54%38%48%33%Online MBA50%36%51%84%30%MBA Programs422021 Graduate Management Admission Council(GMAC).All rights reserved.

142、More full-time two-year MBA programs report growth in applications from female candidates than from male candidatesProportion of MBA Programs Reporting Growth in Applications from Male vs.Female CandidatesRelative Year-on-Year Change,2017-2021MaleFemaleProgram200202021920202021

143、Full-time two-year MBA33%34%33%63%43%44%34%38%65%60%Full-time one-year MBA46%38%38%59%46%53%47%47%56%46%Part-time lockstep MBA49%31%42%56%29%49%35%35%65%29%Part-time self-paced MBA33%33%38%59%16%25%38%40%67%22%Flexible MBA38%21%34%55%48%41%35%34%64%35%Executive MBA44%32%35%43%19%43%63%43%35%38%Onlin

144、e MBA33%32%44%71%24%45%35%47%80%42%MBA Programs432021 Graduate Management Admission Council(GMAC).All rights reserved.More full-time MBA programs report growth in applications from international candidates than from domestic candidatesProportion of MBA Programs Reporting Growth in Applications from

145、Domestic vs.International CandidatesRelative Year-on-Year Change,2017-2021DomesticInternationalProgram200202021920202021Full-time two-year MBA43%42%42%71%42%28%26%28%58%57%Full-time one-year MBA46%38%40%56%39%55%41%41%52%45%Part-time lockstep MBA50%29%45%67%26%38%23%25%30%26%Pa

146、rt-time self-paced MBA34%33%43%57%16%26%37%26%42%32%Flexible MBA49%38%43%65%42%42%37%25%26%58%Executive MBA49%49%36%39%33%29%41%45%37%31%Online MBA38%38%44%76%28%28%21%39%41%46%MBA Programs442021 Graduate Management Admission Council(GMAC).All rights reserved.Applications from Indian candidates incr

147、ease,offsetting decrease from Chinese candidatesFrom which two countries/regions has this program receivedthe greatest number of international applications this year?the greatest increase in the number of international applicants,compared with last year?the greatest decrease in the number of interna

148、tional applicants,compared with last year?1st2nd1st2nd1st2ndProgramFull-time two-year MBAIndiaChinaIndiaNigeriaChinaBrazilFull-time one-year MBAIndia ChinaIndiaNigeriaChinaBrazilPart-time lockstep MBAIndiaChinaIndiaMexicoChinaIndiaPart-time self-paced MBAIndiaChinaIndiaNigeriaIndiaCanadaFlexible MBA

149、IndiaNigeriaIndiaNigeriaChinaNepalExecutive MBAIndiaChinaIndiaChinaRussiaIndiaOnline MBAIndiaCanadaCanadaMexicoIndiaTaiwan,ChinaMBA Programs45Business Masters Programs:Relative AnalysisBack to Table of ContentsThis section reports relative analysis(growth,stable,decline)for 494 business masters prog

150、rams that responded to the 2021 survey.The analysis includes break-up by candidate profile and regions with a focus on the following program types:Master in ManagementMaster of AccountingMaster of FinanceMaster of Data AnalyticsNote:Relative change analysis is based on programs that responded to the

151、 2021 survey.It summarizes the proportion of programs by the direction of change in application volume(growth,stable,decline).All data reported in this section is based on relative analysis.462021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications by domestic or in

152、ternational candidates37%41%42%42%45%63%59%58%58%55%200202021Percentage of applicationsBusiness Masters,OverallDomesticInternational29%30%24%15%35%71%70%76%85%65%200202021Percentage of applicationsBusiness Masters,EuropeDomesticInternational41%47%47%50%50%59%53%53%50%50%2017201

153、8201920202021Percentage of applicationsBusiness Masters,USDomesticInternational10%24%12%26%90%76%88%74%200202021Percentage of applicationsBusiness Masters,Asia-PacificDomesticInternational3%5%5%9%4%97%95%95%91%96%200202021Percentage of applicationsBusiness Masters,UKDomesticInt

154、ernational56%21%16%44%79%84%200202021Percentage of applicationsBusiness Masters,Canada*DomesticInternational*Cannot report due to insufficient N size 10Business Masters Programs Reflective of type of programs responding from various regions472021 Graduate Management Admission Council(GMAC

155、).All rights reserved.Share of applications by male or female candidates49%50%50%51%53%51%50%48%49%47%200202021Percentage of applicationsBusiness Masters,OverallMaleFemale56%56%58%57%56%44%44%42%43%44%200202021Percentage of applicationsBusiness Masters,EuropeMaleFemale48%49%49%

156、51%54%52%50%49%49%46%200202021Percentage of applicationsBusiness Masters,USMaleFemale42%54%45%45%58%46%55%55%200202021Percentage of applicationsBusiness Masters,Asia-Pacific*MaleFemale49%47%46%47%48%51%53%54%52%52%200202021Percentage of applicationsBusiness Masters,U

157、KMaleFemale49%46%45%51%53%54%200202021Percentage of applicationsBusiness Masters,Canada*MaleFemale*Cannot report due to insufficient N size 10Business Masters Programs482021 Graduate Management Admission Council(GMAC).All rights reserved.Share of applications by work experience of candida

158、tes79%74%76%82%75%21%26%24%18%25%200202021Percentage of applicationsBusiness Masters,OverallLess Than 3 Years3+Years96%97%94%90%98%4%3%6%10%2%200202021Percentage of applicationsBusiness Masters,EuropeLess Than 3 Years3+Years78%79%81%86%81%22%21%19%14%19%200202021Perc

159、entage of applicationsBusiness Masters,USLess Than 3 Years3+Years97%84%93%94%3%16%7%6%200202021Percentage of applicationsBusiness Masters,Asia-Pacific*Less Than 3 Years3+Years86%79%81%86%81%14%21%19%14%19%200202021Percentage of applicationsBusiness Masters,UKLess Than 3 Years3+

160、Years58%73%85%42%27%15%200202021Percentage of applicationsBusiness Masters,Canada*Less Than 3 Years3+Years*Cannot report due to insufficient N size 10Business Masters Programs492021 Graduate Management Admission Council(GMAC).All rights reserved.Overall,two in five business masters progra

161、ms reported growth in applications in 2021Relative Year-on-Year Change in Total Applications for Business Masters Programs,%45%42%67%42%9%8%6%5%6%51%47%52%28%52%200202021OverallDeclineStableGrowth81%41%64%68%13%0%4%20%6%59%32%12%200202021Asia-Pacific*81%67%80%0%11%0%

162、19%22%20%200202021Canada*52%66%42%68%52%0%12%8%2%5%48%22%50%30%43%200202021Europe37%34%41%65%39%9%8%6%5%6%54%58%53%30%55%200202021US53%85%52%94%46%20%4%4%27%15%44%6%50%200202021UK*Cannot report due to insufficient N size 10Business Masters Programs50Propor

163、tion of business masters programs reporting growth in applications was higher in Asia-Pacific(68%)as compared to the UK(46%),and the US(39%)2021 Graduate Management Admission Council(GMAC).All rights reserved.A higher share of programs report growth from international candidates in 2021 as compared

164、to 2019Relative Year-on-Year Change in Total Applications for Business Masters Programs,%45%42%67%42%9%8%6%5%6%51%47%24%28%52%200202021OverallDeclineStableGrowth42%41%42%69%43%13%15%12%10%12%47%44%46%22%46%200202021Domestic38%42%40%56%46%19%14%17%13%10%43%43%45%31%43

165、%200202021International41%44%41%60%40%13%12%13%20%9%46%44%46%31%50%200202021Female43%42%40%67%45%12%14%13%8%10%45%44%47%25%45%200202021Male*Cannot report due to insufficient N size 10Business Masters Programs51Proportion of programs reporting growth in applications f

166、rom international candidates(46%)was slightly higher than those reporting growth from domestic candidates(43%)Proportion of programs reporting growth in applications from male candidates(45%)was slightly higher than those reporting growth from female candidates(40%)2021 Graduate Management Admission

167、 Council(GMAC).All rights reserved.After a robust 2020,a smaller share of business masters programs sustained the same level of growth in applications-3-2-1012308 09 10 11 12 13 14 15 16 17 18 19 20 21Master in Management-3-2-1012308 09 10 11 12 13 14 15 16 17 18 19 20 21Master of Accounting-3-2-101

168、2308 09 10 11 12 13 14 15 16 17 18 19 20 21Master of Finance-3-2-18192021Master of Data AnalyticsScale:Relative change in application volume over time,where-3 indicates significant decline in volume compared to the previous year,0 indicates no change from the previous year,and+3 indicates

169、 significant increase compared to the previous year.Business Masters Programs522021 Graduate Management Admission Council(GMAC).All rights reserved.Overall,the share of business masters programs reporting growth in applications varies by program typeProportion of Business Masters Programs Reporting

170、Growth in Overall ApplicationsRelative Year-on-Year Change,2017-2021OverallProgram200202021Master of Accounting29%32%31%51%32%Master of Data Analytics75%70%56%73%47%Master of Finance32%52%41%78%36%Master in Management63%52%42%80%49%Master of Information Technology32%30%39%60%48%Master of

171、Marketing-42%73%59%Master of Supply Chain Management-45%57%46%Master in Marketing and Masters of Supply Chain Management were added in 2018.Business Masters Programs532021 Graduate Management Admission Council(GMAC).All rights reserved.More masters of information technology programs report growth in

172、 applications from female than male candidatesProportion of Business Masters Programs Reporting Growth in Applications from Male vs.Female CandidatesRelative Year-on-Year Change,2017-2021MaleFemaleProgram200202021920202021Master of Accounting41%31%34%58%45%26%33%24%45%33%Master

173、 of Data Analytics68%58%59%75%44%71%71%57%72%39%Master of Finance36%43%38%74%40%36%44%46%69%36%Master in Management46%50%39%80%48%56%49%36%71%30%Master of Information Technology32%42%33%56%44%52%31%31%49%56%Master of Marketing-46%68%42%-50%71%50%Master of Supply Chain Management-37%65%45%-37%50%50%M

174、aster in Marketing and Masters of Supply Chain Management were added in 2018.Business Masters Programs542021 Graduate Management Admission Council(GMAC).All rights reserved.More masters in management programs report growth in applications from international than domestic candidatesProportion of Busi

175、ness Masters Programs Reporting Growth in Applications from Domestic vs.International CandidatesRelative Year-on-Year Change,2017-2021DomesticInternationalProgram200202021920202021Master of Accounting42%43%40%55%50%24%20%19%38%29%Master of Data Analytics57%53%55%72%44%68%67%58%

176、70%52%Master of Finance39%46%39%74%44%38%49%46%71%41%Master in Management40%36%34%83%29%60%56%50%65%51%Master of Information Technology28%43%42%64%32%24%36%33%44%57%Master of Marketing-50%76%41%-48%62%69%Master of Supply Chain Management-45%70%50%-45%40%45%Master in Marketing and Masters of Supply C

177、hain Management were added in 2018.Business Masters Programs552021 Graduate Management Admission Council(GMAC).All rights reserved.While applications from China decreased,it is still the largest source of international applications for business masters programsFrom which two countries/regions has th

178、is program receivedthe greatest number of international applications this year?the greatest increase in the number of international applicants,compared with last year?the greatest decrease in the number of international applicants,compared with last year?1st2nd1st2nd1st2ndProgramMaster of Accounting

179、ChinaIndiaChinaIndiaChinaTaiwan,ChinaMaster of Data AnalyticsChinaIndiaIndiaPakistanChinaIndiaMaster of FinanceChinaIndiaChinaIndiaChinaIndiaMaster in ManagementChinaIndiaChinaIndiaChinaUSMaster of Information TechnologyIndiaChinaIndiaNigeriaChinaUSMaster of MarketingChinaIndiaChinaIndiaChinaCanadaM

180、aster of Supply Chain ManagementIndiaChinaIndiaBrazilChinaTaiwan,ChinaBusiness Masters Programs56Regional Snapshot:Relative AnalysisBack to Table of ContentsThis section reports regional perspectives based on the relative analysis(growth,stable,decline)for programs that responded to the 2021 survey.

181、The analysis focuses on the following regions:Asia-PacificCanadaEuropeUKUSUnderrepresented Minorities(URM)572021 Graduate Management Admission Council(GMAC).All rights reserved.More programs in the Asia-Pacific region reported growth in applications in 2021 as compared to the previous two yearsRelat

182、ive Year-on-Year Change in Total Applications for Programs in Asia-Pacific,%63%49%57%63%6%8%6%11%10%22%29%45%32%27%200202021Overall73%52%53%55%61%6%6%7%14%4%21%42%40%31%35%200202021MBA50%81%41%64%68%0%13%0%4%20%50%6%59%32%12%200202021Business MastersProgra

183、ms in Asia-Pacific582021 Graduate Management Admission Council(GMAC).All rights reserved.Two in three programs in the Asia-Pacific region report growth in applications from female candidates in 2021Relative Year-on-Year Change in Total Applications for Programs in Asia-Pacific,%54%48%37%6

184、3%23%19%20%27%20%25%28%32%35%17%200202021Domestic38%47%37%45%39%36%26%32%28%22%27%26%32%26%39%200202021International59%66%53%53%61%19%10%12%14%10%22%24%35%33%30%200202021Female64%54%46%47%59%17%15%10%15%17%19%31%44%38%24%200202021MalePrograms in Asia-Pacif

185、ic592021 Graduate Management Admission Council(GMAC).All rights reserved.More Canadian MBA programs reported growth in applications in 2021 as compared to 2019Relative Year-on-Year Change in Total Applications for Programs in Canada,%63%55%79%69%3%2%18%0%0%23%35%26%21%31%200202

186、021Overall74%50%56%81%72%4%3%15%0%0%22%47%30%19%28%200202021MBA67%81%67%80%56%0%0%11%0%0%33%19%22%20%44%200202021Business MastersPrograms in Canada602021 Graduate Management Admission Council(GMAC).All rights reserved.More Canadian programs reported growth in applications from

187、female candidates in 2021 as compared to 2019Relative Year-on-Year Change in Total Applications for Programs in Canada,%65%50%65%66%11%11%21%11%3%11%24%29%24%31%200202021International29%37%53%84%62%12%11%11%8%10%59%52%37%8%28%200202021Domestic59%64%50%65%66%6%3%16%14

188、%7%34%33%34%22%28%200202021Female66%43%61%57%66%6%7%11%16%7%28%51%29%27%28%200202021MalePrograms in Canada612021 Graduate Management Admission Council(GMAC).All rights reserved.More European business masters programs reported growth in applications in 2021 as compared to 2019Re

189、lative Year-on-Year Change in Total Applications for Programs in Europe,%57%48%66%46%12%12%6%2%4%27%30%45%31%50%200202021Overall73%40%56%64%34%23%13%3%3%3%9%47%42%33%63%200202021MBA52%66%42%68%52%0%12%8%2%5%48%22%50%30%43%200202021Business MastersPrograms

190、in Europe622021 Graduate Management Admission Council(GMAC).All rights reserved.More European programs reported growth in applications from international candidates in 2021 as compared to 2019Relative Year-on-Year Change in Total Applications for Programs in Europe,%39%29%63%31%21%33%23%9

191、%12%37%28%49%28%57%200202021Domestic67%59%53%60%58%15%20%8%7%8%17%22%40%26%34%200202021International68%64%41%47%42%20%3%21%11%14%12%33%38%42%44%200202021Female48%43%30%62%43%22%28%23%9%17%30%29%47%28%40%200202021MalePrograms in Europe632021 Graduate Manage

192、ment Admission Council(GMAC).All rights reserved.Overall,a smaller share of British programs reported growth in applications in 2021 as compared to previous yearsRelative Year-on-Year Change in Total Applications for Programs in the UK,%67%61%82%49%12%4%4%0%7%18%30%36%18%44%200

193、202021Overall78%52%70%61%53%7%7%4%0%11%15%41%26%39%37%200202021MBA53%85%52%94%46%20%4%4%38%15%44%6%50%200202021Business MastersPrograms in the UK642021 Graduate Management Admission Council(GMAC).All rights reserved.More British programs reported growth in applications from int

194、ernational than domestic candidatesRelative Year-on-Year Change in Total Applications for Programs in the UK,%42%49%67%19%15%11%11%11%6%50%47%40%23%65%200202021Domestic65%72%61%84%49%10%2%5%2%7%25%26%33%13%44%200202021International63%68%60%80%39%4%8%6%5%12%33%25%35%1

195、6%49%200202021Female58%42%46%84%44%6%16%6%5%7%35%42%48%11%49%200202021MalePrograms in the UK652021 Graduate Management Admission Council(GMAC).All rights reserved.Following a robust increase in application volumes in 2020,two in five programs still reported growth in applicatio

196、ns in 202138%32%37%67%38%8%8%7%6%6%54%60%56%27%55%200202021Overall40%31%33%70%37%6%8%8%7%6%54%61%60%24%58%200202021MBA34%34%41%65%39%10%8%6%5%6%56%58%53%30%55%200202021Business MastersRelative Year-on-Year Change in Total Applications for Programs in the US,2017-2021

197、Programs in the US662021 Graduate Management Admission Council(GMAC).All rights reserved.More programs in the US reported growth in applications from international than domestic candidates42%40%41%67%37%14%13%12%11%9%44%47%47%23%54%200202021Domestic32%28%30%47%43%20%19%22%19%16%48%53%48%3

198、4%41%200202021International38%34%36%61%40%16%13%13%11%8%47%53%51%27%52%200202021Female58%42%37%63%36%8%16%13%11%10%34%42%50%26%55%200202021MaleRelative Year-on-Year Change in Total Applications for Programs in the US,2017-2021Programs in the US672021 Graduate Managem

199、ent Admission Council(GMAC).All rights reserved.Half of all full-time two-year MBA programs reported growth in applications in 2021 compared to one in four in 2019Proportion of Programs Reporting Growth in Overall ApplicationsRelative Year-on-Year Change,2017-2021OverallProgram200202021Fu

200、ll-time two-year MBA32%20%23%75%54%Full-time one-year MBA43%42%30%70%50%Part-time lockstep MBA54%24%29%74%21%Part-time self-paced MBA34%35%38%70%10%Flexible MBA33%32%38%62%44%Executive MBA49%57%29%44%38%Online MBA47%36%50%86%26%Master of Accounting30%27%31%51%30%Master of Data Analytics74%64%53%71%4

201、3%Master of Finance30%35%37%73%29%Master in Management38%24%46%76%50%Master of Information Technology32%26%37%62%46%Master of Marketing-40%71%61%Master of Supply Chain Management-44%61%45%Programs in the US682021 Graduate Management Admission Council(GMAC).All rights reserved.Twice as many full-time

202、 two-year MBA programs reported growth in applications from female candidates in 2021 as 2019Proportion of Programs Reporting Growth in Applications from Male vs.Female CandidatesRelative Year-on-Year Change,2017-2021MaleFemaleProgram200202021920202021Full-time two-year MBA24%3

203、0%23%71%41%36%23%31%65%60%Full-time one-year MBA39%29%24%61%48%41%41%34%64%48%Part-time lockstep MBA43%29%36%53%24%46%29%24%72%30%Part-time self-paced MBA34%33%38%58%15%27%40%39%67%23%Flexible MBA29%21%35%55%43%38%33%32%66%33%Executive MBA37%29%32%38%19%46%53%34%33%47%Online MBA31%32%45%74%15%44%35%

204、48%85%36%Master of Accounting43%30%35%58%45%25%31%24%43%32%Master of Data Analytics67%50%57%74%40%70%66%55%70%34%Master of Finance32%42%33%77%31%30%35%48%70%27%Master in Management31%30%45%70%56%38%40%33%70%44%Master of Information Technology32%39%31%58%42%52%27%29%50%54%Master of Marketing-50%65%39

205、%-44%75%44%Master of Supply Chain Management-41%71%45%-35%59%45%Programs in the US692021 Graduate Management Admission Council(GMAC).All rights reserved.Nearly two in three full-time two-year MBA programs reported growth in applications from international candidatesProportion of Programs Reporting G

206、rowth in Applications from Domestic vs.International CandidatesRelative Year-on-Year Change,2017-2021DomesticInternationalProgram200202021920202021Full-time two-year MBA43%41%32%78%40%22%18%22%59%62%Full-time one-year MBA54%46%31%61%46%39%33%28%49%50%Part-time lockstep MBA47%18

207、%42%61%23%33%24%14%32%19%Part-time self-paced MBA35%33%42%57%15%36%38%25%42%33%Flexible MBA45%40%42%64%36%33%36%19%24%55%Executive MBA49%47%29%39%32%32%24%38%28%35%Online MBA36%39%45%75%23%25%20%34%38%43%Master of Accounting43%43%41%55%50%22%17%20%37%27%Master of Data Analytics59%47%53%72%41%67%61%5

208、3%67%48%Master of Finance45%49%42%78%42%32%34%42%66%35%Master in Management42%35%38%85%38%31%30%50%50%50%Master of Information Technology28%41%40%66%30%24%33%31%45%56%Master of Marketing-50%85%44%-45%55%61%Master of Supply Chain Management-44%76%45%-44%41%45%Programs in the US702021 Graduate Managem

209、ent Admission Council(GMAC).All rights reserved.Applications from China decreased in most programs as compared to an increase in numbers from IndiaFrom which two countries/regions has this program receivedthe greatest number of international applications this year?the greatest increase in the number

210、 of international applicants,compared with last year?the greatest decrease in the number of international applicants,compared with last year?1st2nd1st2nd1st2ndProgramFull-time two-year MBAIndiaChinaIndiaNigeriaChinaBrazilFull-time one-year MBAIndiaChinaIndiaIndiaChinaPakistanPart-time lockstep MBAIn

211、diaChinaIndiaMexicoChinaMexicoPart-time self-paced MBAIndiaChinaIndiaNigeriaIndiaCanadaFlexible MBAIndiaNigeriaIndiaNigeriaChinaEgyptExecutive MBAIndiaChinaIndiaChinaCanadaMexicoOnline MBAIndiaCanadaIndiaCanadaIndiaUKMaster of AccountingChinaIndiaChinaIndiaChinaTaiwan,ChinaMaster of Data AnalyticsCh

212、inaIndiaIndiaPakistanChinaIndiaMaster of FinanceChinaIndiaIndiaTaiwan,ChinaChinaIndiaMaster in ManagementChinaIndiaIndiaItalyChinaCanadaMaster of Information TechnologyIndiaChinaIndiaNigeriaChinaIndiaMaster of MarketingIndiaChinaNigeriaIndiaChinaIndiaMaster of Supply Chain ManagementIndiaChinaIndiaB

213、razilChinaTaiwan,ChinaPrograms in the US712021 Graduate Management Admission Council(GMAC).All rights reserved.STEM-certified programs in the US were more likely to report growth in international applications Relative Year-on-Year Change in International Applications,by STEM-certification42%of inter

214、national candidates prefer a STEM program as compared to 24%of domestic candidates2%2%2%2%2%2%3%4%5%7%8%10%14%18%20%Flexible MBAOnline MBAPart-time lockstep MBAExecutive MBAMasters in managementMasters in marketingPart-time self-paced MBAFull-time one-year MBAMasters of accountingMasters of supply c

215、hain managementOther business mastersMasters of information technologyMasters of financeFull-time two-year MBAMasters of data analyticsWhich US program types identify as STEM-certified? Prospective Students Survey(2020)Programs in the US36%41%67%49%14%12%7%5%50%47%26%46%20021STEM-Certifie

216、dDeclineStableGrowth37%34%45%43%19%3%21%19%43%42%34%38%20021Not STEM-CertifiedDeclineStableGrowth722021 Graduate Management Admission Council(GMAC).All rights reserved.Following a robust increase in application volumes in 2020,two in five programs still reported growth in URM applications

217、 in 2021Relative Year-on-Year Change in Total Applications from URM Candidates,%40%41%67%42%8%8%7%6%6%47%51%52%27%53%200202021OverallDeclineStableGrowth40%37%38%61%40%16%14%13%11%11%44%49%49%27%49%200202021Male42%42%41%60%42%16%13%13%11%9%42%45%46%29%49%20

218、0202021Female48%36%40%66%41%8%8%8%7%5%44%55%52%27%54%200202021MBA40%45%42%67%42%9%8%6%5%6%51%47%52%28%52%200202021Business MastersUnderrepresented Minorities(URMs)are defined as Black or African American,Hispanic,American Indian or Alaskan Native,or Other.Programs in the US:URM

219、73Proportion of MBA programs reporting growth in applications from URM candidates(37%)was similar to business masters programs reporting growth from URM candidates(36%)Proportion of programs reporting growth in applications from male candidates(40%)was slightly lower than those reporting growth from

220、 female candidates(42%)2021 Graduate Management Admission Council(GMAC).All rights reserved.More full-time two-year MBA programs reported growth in URM applications in 2021(56%)compared to 2019(37%)Proportion of Programs Reporting Growth in Applications from URM CandidatesRelative Year-on-Year Chang

221、e,2017-2021OverallProgram200202021Full-time two-year MBA45%30%37%72%56%Full-time one-year MBA56%41%44%64%52%Part-time lockstep MBA57%30%42%70%24%Part-time self-paced MBA33%35%39%69%10%Flexible MBA41%34%28%64%48%Executive MBA54%54%38%48%33%Online MBA50%36%51%84%30%Master of Accounting29%32

222、%31%51%32%Master of Data Analytics75%70%56%73%47%Master of Finance32%52%41%78%36%Master in Management54%52%42%80%49%Master of Information Technology32%30%39%60%48%Master of Marketing-42%73%59%Master of Supply Chain Management-45%57%46%Programs in the US:URM742021 Graduate Management Admission Counci

223、l(GMAC).All rights reserved.More full-time two-year MBA programs reported growth in applications from female URM candidates as compared to maleProportion of Programs Reporting Growth in Applications from Male vs.Female URM CandidatesRelative Year-on-Year Change,2017-2021MaleFemaleProgram201720182019

224、20202021920202021Full-time two-year MBA33%34%33%63%43%44%34%38%65%60%Full-time one-year MBA46%38%38%59%46%53%47%47%56%46%Part-time lockstep MBA49%31%42%56%29%49%35%35%65%29%Part-time self-paced MBA33%33%38%59%16%25%38%40%67%22%Flexible MBA38%21%34%55%48%41%35%34%64%35%Executive MBA44%32%3

225、5%43%19%43%63%43%35%38%Online MBA33%32%44%71%24%45%35%47%80%42%Master of Accounting41%31%34%58%45%26%33%24%45%33%Master of Data Analytics68%58%59%75%44%71%71%57%73%39%Master of Finance36%43%38%74%40%36%44%46%69%36%Master in Management45%50%39%80%48%51%49%36%71%30%Master of Information Technology32%4

226、2%33%56%44%52%31%31%49%56%Master of Marketing-46%68%42%-50%71%50%Master of Supply Chain Management-37%65%45%-37%50%50%Programs in the US:URM75Impact of COVID-19Back to Table of ContentsThe analysis presented in this section focuses on the impact of COVID-19 on marketing/recruitment,admissions,and pr

227、ograms.762021 Graduate Management Admission Council(GMAC).All rights reserved.Decline in efforts to recruit domestic candidates and increase in budget for online initiatives10%20%49%33%44%64%14%15%35%41%44%67%Sought to recruit more international candidatesDecreased marketing/recruitment activitiesSo

228、ught to recruit more domestic candidatesIncreased budget for online initiativesIncreased marketing/recruitment activitiesReduced travel budgetPercentage of ProgramsImpact of COVID-19 on Marketing/Recruitment20212020How has COVID-19(coronavirus)impacted the following areas of your recruitment/marketi

229、ng.Select all that apply for each area:*|Excludes Other,None772021 Graduate Management Admission Council(GMAC).All rights reserved.Increase in use of online interviews and decrease in extension of deadlines9%9%9%22%24%30%33%57%46%34%57%4%6%8%17%21%27%33%44%45%47%53%Waived deposit requirementsReduced

230、 class/cohort sizesIncreased the size of the waitlistAdded additional admission roundsAccepted substitute/additional admission testsWaived application feesExtended deposit deadlinesExtended the application deadlineWaived admission testsConducted online interviewsAllowed students to defer entryImpact

231、 of COVID-19 on Admissions2021202078How has COVID-19(coronavirus)impacted the following areas of your admissions.Select all that apply for each area:*|Excludes Other,None2021 Graduate Management Admission Council(GMAC).All rights reserved.Decrease in online start of programs0%2%3%13%25%19%13%57%0%1%

232、1%6%8%9%13%47%Canceled semester/termReduced the overall program durationReduced program tuitionDelayed the program start dateOffered online start in the fall semesterEliminated pre-program activitiesIncreased scholarship fundsOffered online start with a transition to in-personImpact of COVID-19 on P

233、rograms20212020How has COVID-19(coronavirus)impacted the following areas of your program.Select all that apply for each area:*|Excludes Other,None79AboutBack to Table of ContentsGMACMethodologyRespondent Profile Contributors802021 Graduate Management Admission Council(GMAC).All rights reserved.GMACT

234、he Graduate Management Admission Council(GMAC)is a mission-driven association of leading graduate business schools worldwide.Founded in 1953,we are committed to creating solutions for business schools and candidates to better discover,evaluate,and connect with each other.We work on behalf of the sch

235、ools and the graduate management education community,and guide candidates on their journey to higher education,to ensure that no talent goes undiscovered.GMAC provides world-class research,professional development opportunities,and assessments for the graduate management education industry,designed

236、to advance the art and science of admissions.Owned and administered by GMAC,the Graduate Management Admission Test(GMAT)exam is the most widely used graduate business school assessment,recognized by more than 7,000 programs worldwide.Other GMAC assessments include the NMAT by GMAC(NMAT)exam,for entr

237、ance into graduate management programs in India,Nigeria,the Philippines,and South Africa,and the Executive Assessment(EA),which supports the admissions needs of more than 160 programs around the world.Our flagship portal for graduate management education resources and information,receives over 7 mil

238、lion visits a year and features the Program Finder matching tool and GMASS search service,a data-driven technology that helps connect candidates and business schools.These platforms are part of GMAC Connect,a suite of services that helps schools attract students through recruiting solutions that mar

239、ry our market intelligence,data,reach,and candidate touchpoints.Subsidiaries of GMAC include UK-based online publishing company BusinessBecause,a content-rich destination that helps students identify the right-fit business schools during the critical consideration and selection phases of their journ

240、ey,and The MBA Tour,which supports business schools global recruiting efforts by organizing business education-focused events around the world.GMAC is a global organization with offices in China,India,Singapore,UK,and the US.To learn more about our work,please visit .https:/ Graduate Management Admi

241、ssion Council(GMAC).All rights reserved.MethodologyThe Graduate Management Admission Council conducted its 20th annual Application Trends Survey from July 8 and August 23,2021.The survey questionnaire contained approximately two dozen questions and was administered online.All survey questions might

242、not have been applicable to all responding programs.By the survey closing date,a total of 269 business schools and faculties worldwide participated in the survey and submitted data for 967 graduate management programs.All application numbers and trends discussed in this report refer to completed app

243、lications that contained all documents needed for making an admissions decision.Participating programs include 450 MBA programs,494 business masters programs.This report highlights trends for the various MBA program types,in addition to other business masters programs offered at graduate business sc

244、hools in subjects like economics,entrepreneurship,health/public administration,human resources,and marketing.Reported survey findings are based on data submitted by responding programs and are not a census of all graduate management programs.Percentages in tables may not add to 100,due either to mul

245、tiple responses provided by respondents or to rounding.Data are not reported if the number of responses in a table cell is less than 10.Unless otherwise specified,responses“dont know,”“prefer not to say,”or“not applicable”are not included.Relative change analysis involves year-on-year comparison of

246、all programs that responded to the 2021 survey as compared with 2020 respondents.Absolute year-on-year change analysis involves comparing the number of applications received by programs that responded to consecutive years surveys,allowing for an apples-to-apples comparison of the volume of applicati

247、ons received in one year versus another.A weighting methodology was applied to the overall absolute change sample to adjust for the regional distribution of selective GME programs globally-using data from AACSB,EFMD,and AMBA.Absolute year-on-year change for specific countries or regions is not weigh

248、ted.“International”refers to an applicant who is not a citizen or resident of the country where the program is located.PGP:Post Graduate Programs is a characteristic of Indian higher education policy where PGPs are awarded by colleges affiliated to universities and MBAs are directly awarded by unive

249、rsities.In general,admissions criteria,curriculum,and outcomes of PGPs and MBAs are similar.ISB and IIMs offer PGPs.In this report,analysis based on total MBA applications includes PGP counts.PGPs are not included in the one-year or two-year breakdown of data.Participating graduate business schools

250、receive access to an Interactive Data Report,which allows users to filter and explore the survey data by a number of variables,and a Benchmark Report,which allows users to benchmark their programs responses against the aggregated responses from a minimum of five peer programs of their choosing.82202

251、1 Graduate Management Admission Council(GMAC).All rights reserved.Respondent profileAfricaAsia-PacificCanadaEuropeLatin AmericaMiddle EastUKUSTotalNumber of business schools635269Number of Programs,by Program Type MBA ProgramsFull-time two-year MBA26Full-time one-year MBA115718

252、23113289Part-time lockstep MBA03224013446Part-time self-paced MBA00001005253Flexible MBA03000002629Executive MBA04181133755Online MBA00111023742Other MBA3011000510Total644450Business Masters ProgramsMaster of AccountingMaster of Data Analytics00231126271Master of Finance0941051

253、115696Master in Management031191071950Master of Information Technology01000003132Master of Marketing04022011928Master of Supply Chain Management00011002527Other business masters0622631669113Total350494Other ProgramsPhD/DBA02200001418PGP040000015Total06200001523Total Responding Programs778

254、299522747682967832021 Graduate Management Admission Council(GMAC).All rights reserved.Median Number of Applications per Program83245278568623408002497270400133810775MBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness

255、MastersMBABusiness MastersMBABusiness MastersOverallAsia-PacificCanadaEuropeUnited KingdomUnited StatesMedian number of applications 2042021 Graduate Management Admission Council(GMAC).All rights reserved.Median Applications per Seat2.173.003.986.332.205.442.854.032.818.211.912.662.153.55

256、3.737.002.997.422.893.845.0910.801.942.752.132.933.965.434.005.222.983.435.489.871.902.60MBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersOverallAsia-PacificCanadaEuropeUnited KingdomUnited StatesMedian number of applications per seat2

257、052021 Graduate Management Admission Council(GMAC).All rights reserved.Median Class Size50356026605355647388453058356942654325636726905231MBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersMBABusiness MastersOverallAsia-Pac

258、ificCanadaEuropeUnited KingdomUnited StatesMedian Class Size by Program Category and Region2062021 Graduate Management Admission Council(GMAC).All rights reserved.Africa:Egypt,Nigeria,South AfricaAustralia and Pacific Islands:AustraliaCanadaCentral and South Asia:IndiaEast and Southeast A

259、sia:China,Hong Kong SAR,Japan,South Korea,Malaysia,Singapore,Taiwan,ThailandEurope:Belgium,Denmark,France,Germany,Ireland,Italy,Netherlands,Norway,Portugal,Russia,Spain,Sweden,SwitzerlandUKLatin America:Brazil,Colombia,Costa Rica,Mexico,VenezuelaMiddle East:Lebanon,Turkey,United Arab EmiratesUSThe U

260、S South includes Alabama,Arkansas,the District of Columbia,Florida,Georgia,Kentucky,Louisiana,Maryland,North Carolina,Oklahoma,South Carolina,Tennessee,Texas,VirginiaThe US Midwest includes Illinois,Indiana,Iowa,Kansas,Michigan,Minnesota,Missouri,Nebraska,North Dakota,Ohio,South Dakota,WisconsinThe

261、US West includes Arizona,California,Colorado,Hawaii,Nevada,Oregon,Utah,WashingtonFor the purposes of this survey,US regions are based on regional classifications used by the US Census Bureau.The US Northeast includes Connecticut,Delaware,Massachusetts,New Hampshire,New Jersey,New York,Pennsylvania,R

262、hode Island,VermontRegional Locations of Programs872021 Graduate Management Admission Council(GMAC).All rights reserved.Contributors and Contact InformationContributorsRahul Choudaha,PhD,Industry Insights and Research Communications DirectorDevina Caruthers,Research ManagerColleagues making signific

263、ant contributions to the development of this report include:Alexandria Williams,Associate Manager-Survey Research,Sabrina White,Vice President of School&Industry Engagement;Maite Salazar,Chief Marketing Officer;Tacoma Williams,Associate Manager-Research Operations.Many thanks to other individuals at

264、 the Graduate Management Admission Council for providing marketing and creative support and peer reviews.Acknowledgements GMAC especially thanks the 967 graduate management programs that submitted data through the Application Trends Survey.Without your participation this report would not have been p

265、ossible.Contact InformationFor questions or comments regarding the findings,methodology,or data,please contact the GMAC Research Department at For media enquiries,please contact Teresa Hsu,Sr.Manager,Media Relations at 882021 Graduate Management Admission Council(GMAC).All rights reserved.No part of

266、 this publication may be reproduced,stored in a retrieval system,distributed or transmitted in any form by any means,electronic,mechanical,photocopying,recording or otherwise,without the prior written permission of GMAC.For permission contact the GMAC Legal Department at .GMAC,GMAT,Graduate Management Admission Council,NMAT by GMAC are trademarks of GMAC in the US and other countries.NMATis a trademark of Graduate Management Global Connection(India)Private Limited(GMGC),a subsidiary of GMAC.