Globally, demand for GME is growing

Transcription

1 Archive Version

2 Globally, demand for GME is growing APAC GMAT Exams Taken Worldwide; 75% TY = Testing Year runs July 1 through June 30. Source: GMAC...even faster among APAC citizens. GMAT Exams Taken Worldwide 32%

3 In Asia, demand for GME continues to grow More than 80,000 GMAT Exams were taken by APAC citizens in TY % 175% 125% 64% 89% 8% 3% 10% 15% GMAT Exams Taken by Citizenship; TY = Testing Year runs July 1 through June 30. Source: GMAC -30%

4 Global Business Student Pipeline Distribution of TY2009 GMAT Examinees, by Citizenship Group TY ,613 total GMAT exams 7.5% increase from 08 39% Women 40% Younger than 25yrs

5 Tools and resources for schools and students GMAC Survey Reports

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7 Welcome to today s discussion

8 Moderator Amy Orlov B-School Pipelines Across the Asia Pacific Region GMAC Professional Development 12 + years in GME Responsible for program creation and content development for GMAC conferences and events

9 B-School Pipelines Across the Asia Pacific Region Webinar Agenda Introductions Getting to Know You Program Focus Demand for GME Across APAC Changing Pipelines, Changing Preferences Macro Dynamics Across APAC Summary Your Questions

10 B-School Pipelines across the Asia Pacific Region R&D Speakers Alex Chisholm Michelle Sparkman Renz

11 APAC Outreach

12 B-School Pipelines Across the Asia Pacific Region Getting to Know You Interactive Polling

13 Demand for GME Across Asia Pacific Marketplace Size and Growth Application Trends by Program Student Pipeline Characteristics

14 Access to Global Talent NA (52%) Exams Taken: 138,129 Test Centers: 266 EUR (9%) Exams Taken: 23,224 Test Centers: 67 APAC (30%) Exams Taken: 80,193 Test Centers: 74 2 rd largest testing region in the world LATAM (3%) Exams Taken: 8,334 Test Centers: 30 MEA (6%) Exams Taken: 15,733 Test Centers: 41 5 of top 10 testing citizen groups Worldwide: 265,613 GMAT Exams Taken in TY2009 Source: GMAT Examinee Data by Citizenship

15 Top APAC Talent Pools Source: GMAT Examinee Data by Citizenship

16 Increasing Demand 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10, ,854 31,156 GMAT Exams Taken: APAC 51,023 35,192 59,047 41,878 72,023 52,690 80,193 61,403 TY2005 TY2006 TY2007 TY2008 TY2009 Source: GMAT Examinee Data by Citizenship and Candidate Location by Location by Citizenship % Growth Since TY % + 97%

17 Growth in APAC by Sub-Region 50,000 GMAT Exams Taken by Citizenship 45,774 South & Southeast Asia: +115% 40,000 30,000 29,770 33,322 Central & South Asia: +54% 20,000 15,469 10, ,097 TY2005 TY2006 TY2007 TY2008 TY2009 Australia & Pacific Islands: +78% Source: GMAC Data by Citizenship, TY2005-TY2009.

18 China and India Leading The Way 200% GMAT Exam Growth Cumulative % change from TY2005 China, 175% 150% India, 126% 100% 50% 0% TY2005 TY2006 TY2007 TY2008 TY2009 EMEA, 35% Americas, 19% Rest of APAC, 9% Source: GMAT Examinee Data by Citizenship

19 Corresponding Application Growth % of Full-Time MBA Programs Reporting an Increase in Application Volume in % 75% 67% Europe Asia Pacific 64% Canada United States Source: GMAC 2009 Application Trends Survey

20 Diversity of the Student Pipeline Changing Pipeline Characteristics GMAT Examinees and Prospective Students

21 More Women World = 39.5% Source: GMAC Data by Citizenship

22 Younger Candidates World = 40.0% Source: GMAC Data by Citizenship

23 APAC Growth Fueled by Younger Examinees GMAT Exams Taken by Age Group: APAC Citizens 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5, % 54% 33,404 33,765 21,869 11,155 11,910 1% 12, % 1,007 Younger Than to to and Older TY2005 TY2009 Source: GMAT Examinee Data by Citizenship

24 Student Pipelines in Asia Pacific Motivations, Expectations, and Reservations Programs of Interest and School Selection Sources of Information and Financing Plans

25 Profile and Characteristics: APAC 80,193 exams taken by citizens 41% Women range from China to Pakistan 26 = mean age 42% < 25 yrs old range from China to South Korea 3.6 = mean yrs work exp 60% with 0-3 yrs work exp 283,982 total scores sent globally by APAC citizens average score reports sent = 3.5 Source: GMAT examinee data for TY2009

26 Motivations to Pursue GME (select examples) China India South Korea Japan Develop KSAs Challenging and Interesting work Challenging and Interesting work Develop KSAs Advance Career Develop KSAs Professional Credentials Challenging and Interesting work Challenging and Interesting work Advance Career Develop KSAs Professional Credentials Personal Satisfaction Personal Satisfaction Advance Career Confidence to succeed Remain Marketable or Competitive Networking Opportunities Remain Marketable or Competitive Recognition Source: GMAC mba.com Registrants Survey, Q1 Q3 (by Residency) 2009

27 Sources Consulted by Prospective APAC Students Friends/family School related websites Published rankings Business publications School websites GMAC website (mba.com) Current students/alumni Coworkers/peers School related publications College professors 40% 38% 37% 36% 33% 32% 30% 45% 45% 63% 0% 10% 20% 30% 40% 50% 60% 70% Source: GMAC mba.com Registrants Survey, 2009 Q1 Q3 (Residency)

28 Prospective APAC Students Full time two year MBA 45% Full time one year MBA 42% MS in Finance 38% MS in Management 32% MS in Accounting 24% Part Time MBA 15% Flexible MBA 13% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Source: Data by Citizenship for APAC (Asia, Australia and Pacific Island) citizens; multiple selection. GMAC mba.com Registrants Survey, Q1 Q3 2009

29 Prospective APAC Students GMAC 2009 mba.com Registrants Survey Report

30 School Selection Criteria (select examples) INDIA CHINA S. KOREA Job Placement Reputation Local Respect/Reputation Job Placement Reputation Quality of Faculty Job Placement Reputation Local Respect/Reputation Program Accreditation Successful Alumni Quality Students % Receiving Job Offers Quality of Faculty Program Accreditation Successful Alumni Published Ranking Quality of Faculty Source: GMAC mba.com Registrants Survey, Q1 Q2 2009

31 Typical Financing Mix (select examples) 45% 40% 35% 30% Typical Financing Mix India China Singapore South Korea 25% 20% 15% 10% 5% 0% Support from Parents Grants, Fellowship, Scholarship Savings Earnings Loans Employer Spouse Earnings Other Source: GMAC mba.com Registrants Survey, Q1 Q3 (Residency) 2009

32 Competitive Study Destinations Attracting Domestic and Foreign Talent Preferred Study Destinations Global Competition

33 Mobility of Citizens APAC Citizens Top 10 GMAT Score Report Destinations APAC citizens sent ~287,000 total GMAT scores in TY United States (67%) 2 India (8%) 3 United Kingdom (6%) 4 Singapore (4%) 5 France (3%) 6 Canada (3%) 7 Hong Kong (2%) 8 Australia (2%) 9 China (1%) 10 Spain (1%) Source: Preliminary data from the upcoming 2009 GMAC Asian Geographic Trend Report.

34 India: Absolute vs. Proportion 100% GMAT Scores Sent to US Schools by Indian Citizens 100,000 80% 75,542 80,000 77% 60% 60,000 40% 41,018 56% 40,000 20% 20,000 0% TY04 TY05 TY06 TY07 TY08 TY09 0 # of Scores Sent to US Proportion of Scores Sent to US Source: GMAC Data, TY2009.

35 Global Talent Destinations TY2009 Score Reports Sent by Regional Destination EMEA 10.8% APAC 6.6% LATAM 0.1% NA 82.5% 801,504 total GMAT scores sent Top 10 Locations 1. United States (79%) 2. United Kingdom (4%) 3. Canada (3%) 4. India (3%) 5. France (2%) 6. Singapore (1%) 7. Israel (1%) 8. Hong Kong (1%) 9. Spain (1%) 10. Australia (1%) Source: Preliminary data from the upcoming 2009 GMAC Asian Geographic Trend Report.

36 Interest in US as Study Destination % of GMAT Score Reports Sent to US in TY % 84% 84% 80% 77% 76% 65% 59% 56% 38% Taiwan South Korea Vietnam Thailand China Japan Indonesia Pakistan India Singapore Source: Preliminary data from the upcoming 2009 GMAC Asian Geographic Trend Report.

37 Shift in Preference for US B-Schools 100% % of GMAT Score Reports Sent to US in TY % 60% 40% 20% 0% Taiwan South Korea Vietnam Thailand China Japan Indonesia Pakistan India Singapore TY2009 TY2005 Source: Preliminary data from the upcoming 2009 GMAC Asian Geographic Trend Report.

38 Destination USA and Global Mobility Score Reports Sent to US Schools by Examinee Citizenship TY 2009, All Examinees Examinee Citizenship Scores Sent Percent 1. United States 369, % 2. India 75, % 3. China 66, % 4. Taiwan 14, % 5. South Korea 10, % 6. Canada 6, % 7. Thailand 4, % 8. Japan 4, % 9. Mexico 4, % 10. Turkey 3, % Total Number of Score Reports Sent to US: 628,431 * Based on number of score reports received Source: Preliminary data from the upcoming 2009 GMAC World Geographic Trend Report. IIE data from Open Doors study cited by Inside Higher Ed, 16 November According to Institute of International Education (IIE), data for int l students studying in the US in : Largest source countries are India (103k), China (98k), and South Korea (76k). APAC top 10 accounted for 51.7% of int l stdnts in the US Largest increases from APAC are China (+21%) and Vietnam (+46%)

39 Talent Destinations in Asia 21,834 # of GMAT Score Reports Received TY2009 TY ,630 6,669 4,439 3, India Singapore Hong Kong SAR Australia China Japan Source: GMAC Data by Citizenship. TY2009

40 Capturing Domestic Talent % of score reports sent domestically (select examples) 38% 14% 6% 3% 3% 2% 1% Singapore India Thailand Pakistan Japan China Korea, South Source: GMAT Data by Citizenship, TY2009.

41 Drivers of Asia Pacific Demand Government Focus on Education International Recognition of Schools Recent Population Growth Economic Growth and Job Creation Need for Skilled Labor & Managers

42 Higher Education Growth in China Institutions Enrollments , ,174, % % , ,849, ,000 1,500 2,000 2, ,000,000 20,000,000 Source: China Statistical Yearbook 2008

43 Business Schools in India: Number of NEW Business Schools in India 1, Source: Report of the Working Group on Management Education (2007), The National Knowledge Commission (NKC)India.

44 Expected Population Shifts in Asia Thailand Korea, South Viet Nam Japan China Pakistan India Australia Indonesia Source: US Census Bureau IDB

45 The China and India Divide 240,000,000 Projected Student Age Population (20-29 yr olds) 230,000, ,000, million 224 million India +11% 210,000, ,000, ,000, ,000, million 192 million China -14% 170,000, Source: US Census Bureau IDB

46 Continued Economic Growth in China and India 8.5% Projected 2009 Real GDP Growth Rate (%) 5.4% China India Brazil France US UK Italy Germany Japan Russia -0.7% -2.4% -2.7% -4.4% -5.1% -5.3% -5.4% -7.5% Source: IMF World Economic Outlook Database October 2009

47 Impact of Exchange Rates on GME Demand Growth GMAT Registration Volume Decline 30% 20% 10% 0% 10% 20% GMAT Demand and Exchange Rate Fluctuations Thailand Taiwan Singapore Hong Kong China Japan 30% S. Korea India r = % 30% 20% 10% 0% 10% Source: GMAC and Yahoo Finance Depreciation Domestic Currency vs. US $ Appreciation

48 APAC Students Least Pessimistic Today Student Perspective on Economy, % Perceived as Weak Today Global Regional 81% 81% 72% 75% 64% 37% APAC Europe NA Source: GMAC mba.com Registrants Survey Data from September 2009 Respondents

49 And Most Optimistic About Tomorrow Student Perspective on Economy, % Perceived as Strong in 2 Years 64% Global Regional 41% 31% 25% 28% 33% APAC Europe NA Source: GMAC mba.com Registrants Survey Data from September 2009 Respondents

50 Summary, GMAT Examinees TY 2009 APAC 80,193 exams taken Worldwide 265,613 exams taken 41% Women 26 = mean age 42% < 25 yrs old 3.6 = mean yrs work exp 60% with 0-3 yrs work exp 283,982 total scores sent globally 39% Women 27 = mean age 40% < 25 yrs old 4.5 = mean yrs work exp 56% with 0-3 yrs work exp 801,504 total scores sent globally Questions?

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