How Student Mobility Impacts Global Business Education

Sangeet Chowfla, president and CEO of Graduate Management Admission Council (GMAC), discusses the ways restrictions on student mobility can affect global business education.


Transcript

Dan LeClair: [00:05] The current environment as it relates to student mobility and some of the uncertainties regarding student mobility; I know GMAC is stepping up and doing some things to be helpful. Could you tell us a little bit about how GMAC is responding to this?

Sangeet Chowfla: [00:29] Graduate management education was built on this sort of fundamental tenant of global access. 2016 changed all that.

[00:38] We had Brexit, which was built around a protectionist sentiment. We actually did a quick survey at this point directly after that, and found that 45 percent of students who had already sent one score to a U.K. school said they were less likely to follow through and actually apply.

[00:55] After the election in the United States, 37 percent of international students said that they were less likely to follow through and apply.

[01:03] The scary part of it was 51 percent of international students with a score of over 700, the top 10 percentile, said they were less likely to apply because they said they have options elsewhere with great business schools around the world.

[01:17] The mobility and the international talent flows have sort of been challenged over the last year, and they may have implications for business schools.

[01:30] LeClair: And business long term.

[01:32] Chowfla: Business long term, exactly.

[01:32] LeClair: Thank you for talking with me.

[01:35] Chowfla: Thanks, Dan.


Filmed February 2017 on site at AACSB's Deans Conference in New Orleans, Louisiana, USA.