Enrolling the Incoming Class of 2021: Insights into the diverse journeys of prospective students applying to business schools

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Enrolling the Incoming Class of 2021: Insights into the diverse journeys of prospective students applying to business schools
March 2021

Enrolling the
Incoming Class
of 2021:
Insights into the diverse journeys
of prospective students applying
to business schools

mba.com Prospective Students Survey 2021

        Access the report, blog, and infographic
Contents

1. Key Findings and Summary                       4-12                      3. Appendix                                          28-59
                                                                                    1. Analyses by Program Type
2. Candidate Journeys and                         13-27                             2. Analyses by Candidate Citizenship
   Career Aspirations                                                               3. Analyses by Study Destination
    1.  Concern about the impact of COVID-19
    2.  Value of graduate business degree                                   4. About                                             60-64
    3.  Impact of COVID-19 on business
        school decisions                                                            1.    Graduate Management Admission
                                                                                          Council (GMAC)
    4. Career opportunities gained through
        on-campus vs. online program                                                2.    Respondent Summary
    5. Willingness to complete a degree                                             3.    Contributors and Contact Information
        online due to COVID-19
    6. Triggers for pursuing GME
    7. Use of information sources
    8. Career goals
    9. Industries of interest
    10. Job functions of interest

                                      ©2020 Graduate Management Admission Council (GMAC). All rights reserved.
                                                                                                                                         2
GMAC Research         • Resources
                         • Blogs
                         • Infographics
                         • Reports
GMAC Mission             • Webinars
Provide the tools
and information       • GMAT™
necessary for            • Geographic Trend Report
schools and talent       • Profiles of Testing
to discover and
evaluate each other   • Survey Research
                         • Application Trends Survey
                         • Corporate Recruiters Survey

gmac.com/research        • mba.com Prospective
                           Students Survey

                                                 3
The pandemic reconfigured the
                            2020 enrollment funnel                                                                 Reconfiguration of the
                                                                                                                     enrollment funnel
 The journey candidates embark on when considering and applying for graduate
 business programs involves a complex interplay of individual, school, and
 destination characteristics. The COVID-19 pandemic has reset these                                                 Increase in applications
 characteristics, resulting in a new set of choices for candidates. At GMAC, we have
 been tracking candidate journeys in the context of the COVID-19 uncertainties.

 An analysis based on the data collected in March 2020 concluded that “The                                        Increase in acceptance rates
 uncertainty and crisis caused by the COVID-19 global pandemic will influence the
 choices and expectations of graduate management education (GME) candidates.
 At the same time, prospective candidates are not giving up on their aspirations.”1
                                                                                                                   Increase in deferral rates
 However, the diversity of candidate preferences (e.g., by program type--MBA and
 business master’s or by study destination—domestic vs. international) would
 shape their future journeys.

 In November 2020, the GMAC Application Trends Survey2 used the responses                                           Decrease in yield rates
 from over 1,000 graduate management programs worldwide to confirm that
 school and candidate decision-making in this pandemic-induced economic
 downturn is about hedging risk and managing uncertainty. This context
 reconfigured the enrollment funnel in terms of a higher number of applications
 and a lower yield.                                                                                                  Source: 2020 Application Trends Survey, GMAC
                                                                                                                              gmac.com/ApplicationTrends
1 Coronavirus pandemic disrupts plans but not aspirations of prospective business school students, GMAC Advisor
2 2020 Application Trends Survey, GMAC                                                                                                                              4
The top of the enrollment funnel for
                 Demand for GME accelerates                               graduate management education
                                                                          programs in 2021 continues to gain
                 for the incoming class of 2021                           interest from prospective students. This
                                                                          aligns with a decline in the proportion
                                                                          of candidates reporting that they are
                                                                          concerned about the impact of COVID-
                                                                          19 on their pursuit of GME in 2021.
                                                                          Additionally, the demand for GME in
                                                                          2021 has increased as candidates signal
            Demand for graduate management education                      a willingness to explore different paths
          accelerates as candidates pursue diverse pathways               to achieve their career goals. This
                        to achieve career goals                           report identifies at least three notable
                                                                          drivers of growth in demand for GME.
                                                                          They relate to employability,
                                                                          flexibility, and regional mobility.
                                                                          The findings provide a forward-looking
                                                                          view of the shape of the things to come
  Skills gap triggers    Flexibility expands      Mobility restrictions   for graduate enrollment at business
consideration of GME      consideration of        drive consideration     schools in 2021, and the results reaffirm
    for job market         online learning       of alternatives closer   the importance of monitoring and
   competitiveness         among women                  to home           tracking diverse candidate journeys to
                                                                          inform future enrollment strategies.
                                                                                                                5
Tracking diverse journeys of                                   MBA-Domestic: Candidates preferring
                                                                                            to enroll in an MBA program within their
                             prospective students planning                                  country of citizenship. E.g., a German
                             to enroll in 2021                                              citizen indicating a preference to pursue
                                                                                            an MBA program in Germany.

  Diversity of demography, experiences, and cognition                                       MBA-International: Candidates
                                                                                            preferring to enroll in an MBA program
  shapes identities of origin, growth, and aspiration3                                      outside their country of citizenship. E.g.,
                                                                                            a German citizen indicating a preference
  How are journeys for 2021 candidates evolving? This report is based on the                to pursue an MBA program in the US.
  mba.com Prospective Students Survey conducted by Graduate Management
  Admission Council® (GMAC®) on a monthly basis. The findings detailed in this report
                                                                                            Business Master's-Domestic:
  are based on data collected between July and December 2020 from a total of
                                                                                            Candidates preferring to enroll in a
  2,515 individuals worldwide who indicated plans to enroll in a GME
                                                                                            business master’s program within their
  program in 2021.
                                                                                            country of citizenship. E.g., a German
  This analysis provides data and insights into how prospective students are shaping        citizen indicating a preference to pursue
  their choices and preferences for pursuing a graduate management education (GME)          a business master’s program in Germany.
  program in 2021. A breakdown of the respondent profiles and a summary by
  candidate citizenship and program type are available in the appendix.                     Business Master's-International:
  This report illustrates diverse candidate journeys, emphasizing variations by preferred   Candidates preferring to enroll in a
  study destination (domestic vs. international) and preferred program type (MBA vs.        business master’s program outside their
  business master’s). International candidates are defined by their preference to study     country of citizenship. E.g., a German
  in a destination outside their country of citizenship.                                    citizen indicating a preference to pursue
                                                                                            a business master’s program in the US.
3 The 3 types of diversity that shape our identities, Harvard Business Review
                                                                                                                                     6
Candidate concerns about the
                 impact of COVID-19 is waning
                                                                                                    Level of concern about the impact of
                                                                                                   COVID-19 on pursuing GME in 2021 is
Looking at the decision-making journey of prospective students who prefer                                         declining
to pursue GME in 2021, we notice that the level of concern about the impact
of COVID-19 has been declining over time. The proportion of
                                                                                                               Extremely or Very concerned
respondents reporting that they are extremely or very concerned                                                Slightly concerned on Not at all concerned
has declined from 41 percent in July to 33 percent in December.

Overall, for this six-month period, one-third (35%) of prospective students                         41
                                                                                                              39
                                                                                                                                                  37           38
are very or extremely concerned, and another-third (33%) are not at all or                                                35
                                                                                                    31                                31
slightly concerned. Unsurprisingly, international candidates are reporting a

                                                                                % of Respondents
                                                                                                              27
higher level of concern than domestic candidates due to continued travel,                                                 31         32           31           33

visa, and safety constraints. Specifically, 41 percent of international
candidates planning to pursue a business master’s program report that they
are very or extremely concerned about the impact of COVID-19 as compared
to 27 percent of domestic candidates (See chart here).
                                                                                                   July     August    September    October    November December
While there are variations in the levels of concern, most respondents
continue to exhibit strong confidence in the value of a graduate business                    Q: How concerned are you about the impact COVID-19 may have
degree. Overall, four in five (84%) candidates strongly agree or agree that a                on your pursuit of a graduate business education in the future?

graduate business degree helps someone stand out at work.

                                                                                                                                                                    7
International candidates are driven by global careers while
                  domestic candidates are driven by salary increases

Career aspirations are an essential driver for many candidates         Overall, international candidates are driven by opportunities to
embarking on their journey to pursue GME. Analysis of post-            live/work overseas, while domestic candidates are driven by a
GME career goals provides insight into how candidates' career          desire for career advancement. Specifically, more than half of
aspirations influence their choices of programs and                    candidates who are planning to pursue an MBA in their country
destinations. This understanding can help business schools             of citizenship report getting a raise/salary as their top career
align their recruitment, admissions, and career services to            goal. Over 40 percent of international candidates report
candidates' diverse needs and expectations.                            working outside their country of citizenship as the primary
                                                                       career motivation (See chart here).

Top-3 Career Goals
     MBA-Domestic                 MBA-International               Business Master's-Domestic          Business Master's-International

Get a raise/salary          Work outside my                                                           Work outside my country
                     55%                               43%       Get a raise/salary increase    35%                                   41%
increase                    country of citizenship                                                    of citizenship

                            Obtain a senior level                Work for a company where             Work for a company where I
Manage people        46%                               38%                                      30%                                   40%
                            position                             I can travel internationally         can travel internationally

Obtain a senior             Live outside my                                                           Live outside my country of
                     44%                               38%       Manage projects                30%                                   38%
level position              country of citizenship                                                    citizenship

                                                                                                                                          8
Domestic business master’s
                 candidates are most likely to                                              Top-3 Triggers for Candidates to
                 report skills gap                                                                    Pursue GME
                                                                                                           MBA-Domestic
                                                                                                           MBA-International
                                                                                                           Business Master's-Domestic
The journey for pursuing a graduate business degree begins early and is shaped                             Business Master's-International

over time. Nearly half of candidates reported that they first considered graduate
business education while completing their undergraduate degrees or high school.                                                                52%
                                                                                         I always planned to pursue a
Consequently, more than half of prospective candidates (58%) mentioned that they        graduate business education at
                                                                                                                                                   61%
“always planned to pursue a graduate business education at this point.” Given the                  this point                                 48%
complexity of decision-making for international candidates, they are more likely to                                                                 65%
report that their timing is in line with their initial career plan.
However, the pandemic context has expanded the pool of candidates considering                                                                39%
GME as they discovered a lack of competitive skills in a job market. Overall, more       Wanted to apply for a job, but                 33%
than a third of the prospective candidates (37%) reported that they “wanted to apply      lacked required skills and/or
                                                                                            degree to be competitive                           50%
for a job but lacked required skills and/or degree to be competitive.” In particular,                                                    36%
Business Master’s-Domestic candidates were most likely to report a skill
gap (50%), perhaps because they had no or insufficient work experience
to demonstrate skills for the job they wanted.                                                                                           37%
                                                                                                                                     26%
In contrast, MBA-Domestic candidates are most likely to report “convenient time to      Convenient time to go to school
go to school” as the primary trigger for GME (37%). While MBA candidates have some                                                       35%

work experience, they see the value in hedging their career risks by pursuing GME                                                    23%

in times of uncertainty. Overall, the demand for GME expanded as more candidates
recognize the need to emerge out of a shaky economy more career-ready.                                                 % of respondents

                                                                                                                                                   9
Women are embracing online                                                                        The impact of COVID-19 has been
                          learning at a higher level than men                                                               more severe on women as they
                                                                                                                            shouldered more responsibilities of
                                                                                                                            remote education and work4. Despite
 Percentage of candidates reporting willingness to complete more than 30 percent of                                         the challenges, many female
 their graduate business degree online due to COVID-19                                                                      candidates recognized the need to
                                                                                  Business Master's-   Business Master's-
                                                                                                                            invest in GME for career advantage
                               MBA-Domestic             MBA-International
                                                                                      Domestic           International      and were willing to adapt their plans
         Female                      60%                        30%                       66%                43%
                                                                                                                            to obtain the degree5.

          Male                       52%                        24%                       59%                38%            Data suggests that women
                                                                                                                            candidates are more likely to
                                                                                                                            seek the flexibility of online
 Percentage of candidates strongly disagreeing to the statement “career opportunities                                       learning. They are willing to accept
 gained through an on-campus graduate business degree are same as gained through                                            a higher proportion of their degree to
 an online degree”                                                                                                          be completed online due to COVID-19
                                MBA-Domestic            MBA-International
                                                                                  Business Master's-   Business Master's-   compared to men. They are also
                                                                                      Domestic           International
                                                                                                                            more likely to agree that career
         Female                       17%                       24%                       10%                20%            opportunities gained through an on-
           Male                       24%                       35%                       24%                29%
                                                                                                                            campus graduate business degree are
                                                                                                                            the same as those gained through an
                                                                                                                            online degree.
4 Why has COVID-19 been especially harmful for working women? The Brookings Institution
5 Women and graduate management education, GMAC

                                                                                                                                                           10
International candidates still
                 prefer mobility over online                                        Impact of COVID-19 on business school
                                                                                                 decisions?

                                                                                      MBA-Domestic                   MBA-International
                                                                                      Business Master's-Domestic     Business Master's-International
Overall, international candidates (70%) are more likely to report that they are
not changing their original plans than domestic candidates (52%). This
suggests that most international candidates continue to value mobility and do                                                 52%
not prefer substituting in-person experience with online learning.                   I am not changing my                          73%
                                                                                         original plans                       52%
Among international candidates, those preferring to pursue an MBA are more
                                                                                                                                 68%
likely to say that they are not changing their plans (73%) for an alternative
such as online learning or a business school closer to home than those
preferring a business master’s (68%). Only one in eight (13%) MBA-                                                      30%
International candidate is willing to consider online learning                      I am more willing to             13%
compared to one in three (30%) MBA-Domestic candidates.                           consider online learning              31%
                                                                                                                     15%
Domestic candidates report more willingness to consider alternatives such as
staying closer to home or adopting online learning. Domestic candidates for
MBA (28%) and business master’s (30%) programs indicate that they are                                                   28%
more willing to consider a business school closer to home in order to pursue        I am more willing to             15%
their degree in 2021.                                                               consider a business
                                                                                   school closer to home                30%

In sum, the pandemic is compelling some candidates to consider alternatives;                                          21%

however, they are not giving up on their career aspirations for pursuing GME
                                                                                                                   % of respondents
in 2021.

                                                                                                                                              11
Other key highlights about prospective students planning to
enroll in 2021

 • The full-time MBA remains the most popular program, as
   42 percent of candidates report it as their preferred option.   • Respondents preferring to study in Asia Pacific (43%) and
                                                                     Europe (58%) are more likely to be under 24 years old than
 • The full-time one-year MBA is the preferred program for           the US (30%).
   candidates planning to study in Canada (26%), France
   (27%), Spain (38%), and the UK (28%). However, a full-          • Demand for select specialty business master’s programs is
   time two-year MBA is the preferred program for candidates         driven by female candidates: Master of Marketing (78%),
   planning to study in the US (33%).                                Master of Accounting (61%) and Master of International
                                                                     Management (53%).
 • US citizens still prefer the full-time two-year MBA (29%)
   followed by the full-time one-year MBA (16%).                   • The top post-GME career goal for Indian citizens is to work for a
                                                                     company where they can travel internationally. They are more
 • Candidates planning to pursue full-time two-year MBA              likely to consider a business school closer to home (21%)
   programs report Consulting (49%) and Technology                   due to COVID-19 than to consider online learning (5%).
   (39%) as the top two industries of interest.
                                                                   • Candidates from Greater China report the UK (27%) as their
 • MBA-International candidates prefer Technology (45%)              preferred study destination and Master of Finance (20%)
   over Financial services (36%), possibly due to higher             as their preferred program.
   expectations of future employability and visa potential.
                                                                   • Nigerian citizens report Canada (44%) as their preferred
 • Among the candidates from underrepresented populations            destination for pursuing GME followed by the US (29%).
   (URPs) in the US, 27% have educational backgrounds in
   STEM and 38% desire strategy roles post GME.                    • Although a school’s website is the primary resource candidates
                                                                     leverage when researching GME, MBA-Domestic candidates are
 • One in three domestic candidates planning to pursue Master        more likely to also consult friends and family (51%) while
   of Data Analytics is more willing to consider online learning     MBA-International candidates use rankings (49%).
   due to the impact of COVID-19.

                                                                                                                                         12
Candidate Journeys and
Career Aspirations
The path to pursuing GME is complex and requires
several decisions driven by underlying career goals.
The following section focuses on individuals planning to
enroll in a GME program in 2021 and examines how
their journeys vary by preference for program type and
study destination. It addresses the following questions:

     • How are concerns about the impact of
       COVID-19 shaping the decisions and journeys
       of prospective students?

     • What are the triggers/motivators for pursuing
       GME? What are the information sources used
       by prospective students?

     • What are prospective students’ post-GME
       career goals, preferred industries,
       and job functions?

    Back to Table of Contents

                                                           13
A job that is self-fulfilling, allows for growth and makes
                                        …
                                            the world a better place
                                            - Female candidate from the US preferring to pursue an MBA program

Driven to make                          …   Steady career growth correlated with a higher impact
                                            on society, customers and colleagues
an impact                                   - Male candidate from Germany preferring to pursue an MBA program

                                            I want to work for consulting to help Japanese
                                        …
                                            businesses expand internationally
                                            - Female candidate from Japan preferring to pursue business master’s program

                                            Creating a world-changing investment institution
Q: Please describe your ideal career.   …
                                            that focuses on social welfare
These are select open-ended comments        - Male candidate from the US preferring to pursue an MBA program
from prospective students--edited for
brevity.

                                                                                                                           14
Concern about the Impact of COVID-19

                    Not at all Concerned     Slightly Concerned     Moderately Concerned      Very Concerned       Extremely Concerned

                                                  8%                                                 9%
                                                                                                                                                      Overall, one-third (35%) of
                        11%                                                12%                                                12%
                                                                                                                                                       prospective students are
                                                  19%                                                18%                                             very or extremely concerned
                        24%
                                                                           27%                                                29%
                                                                                                                                                     and another-third (33%) are
% of respondents

                                                                                                                                                          not at all or slightly
                                                  33%                                                34%
                        33%                                                                                                                          concerned about the impact
                                                                           33%                                                33%                     of COVID-19. International
                                                                                                                                                      candidates report a higher
                                                  26%                                                27%
                        24%                                                                                                                              level of concern than
                                                                           21%
                                                                                                                              23%                        domestic candidates.
                         9%                       14%                                                12%
                                                                            7%                                                 3%
                       Overall               MBA-Domestic            MBA-International        Business Master's-        Business Master's-
                                                                                                  Domestic                International

                   Q: How concerned are you about the impact COVID-19 (coronavirus) may have on your pursuit of a graduate business education in the future?

                                                                                                                                                                               15
A graduate business degree helps in standing out at work

                             Strongly agree   Agree      Neither agree nor disagree   Disagree     Strongly disagree

                    3%                        2%                      3%                     4%                        3%
                    11%                       10%                     11%                                              12%
                                                                                             11%                                              Overall, four in five
                                                                                                                                             (84%) of candidates
                                                                                                                                             planning to pursue a
% of respondents

                                              62%                     56%
                                                                                                                                                GME program in
                    60%                                                                      61%                       62%
                                                                                                                                              2021 strongly agree
                                                                                                                                                or agree that a
                                                                                                                                               graduate business
                                                                                                                                                degree helps in
                    24%                       25%                     28%                                                                    standing out at work.
                                                                                             22%                       21%

                   Overall                MBA-Domestic          MBA-International      Business Master's-       Business Master's-
                                                                                           Domestic               International

    Q: Please indicate how much you agree or disagree with each of the following statements - A graduate business degree helps you stand out at work.
                                                                                                                                                                      16
Overall, COVID-19 has opened avenues for regional mobility as
more consider studying closer to home

                          Shift in considerations for pursuing graduate business education due to COVID-19

                   67                        66
                             64
                                                                   61                                         60
                                                                                        59
% of Respondents

                                                                                                                                    I am not changing my original plans

                                                                                                                                    I am more willing to consider a business
                                                                                                                                    school closer to home

                                                                   25                   24                    25
                   23                                                                                                               I am more willing to consider online learning
                             21
                                             19
                                                                                        26
                                                                   23                                         22
                             20              19

                   12

                   July     August       September              October             November              December

                                                                        Month of Responses

                                       Q: How has the coronavirus impacted your business school decisions? Select all that apply.
                                                                                                                                                                                    17
Impact of COVID-19 on business school decisions

                  Overall      MBA-Domestic        MBA-International               Business Master's-Domestic                   Business Master's-International

                                                                                                                                 63%
                                                                                                                       52%
                                                                                                                                                                    Three in four (73%)
                            I am not changing my original plans                                                                          73%
                                                                                                                      52%                                    candidates planning to pursue
                                                                                                                                     68%                      an MBA outside their country
                                                                                                                                                             of citizenship are not changing
                                                                                          21%                                                                 their original plans. However,
                                                                                                  30%                                                          one in three domestic MBA
                 I am more willing to consider online learning                     13%
                                                                                                    31%
                                                                                                                                                                candidates is considering
                                                                                     15%                                                                      online learning or a b-school
                                                                                                                                                             closer to home as alternatives
                                                                                            22%                                                                   to their original plans.
                                                                                               28%
I am more willing to consider a business school closer to home                       15%
                                                                                                   30%
                                                                                           21%

                                                                       % of respondents

                                              Q: How has the coronavirus impacted your business school decisions? Select all that apply.
                                                 NOTE: Percentages may add up to more than 100 due to multiple selections. | “Other” is removed from the analysis.
                                                                                                                                                                                               18
Overall, acceptance of career opportunities gained through
                       online learning has increased over time

                                          Percentage of candidates strongly disagreeing that “career opportunities gained through an
                                             on-campus graduate business degree are same as gained through an online degree.”
                                        37
                                                          35
                                                                            33
% of Respondents Strongly Disagreeing

                                                                                                                                           Male
                                        25                                                                                         25
                                                          24
                                                                                                     23
                                                                                                                 21
                                                                                                     20
                                                                            19

                                                                                                                                   16
                                                                                                                                           Female

                                                                                                                 11

                                        July             August          September                 October    November          December

                                                                              Month of Responses

   Q: Please indicate how much you agree or disagree with each of the following statements. - Career opportunities gained
   through an on-campus graduate business degree are same as gained through an online degree
                                                                                                                                                    19
Career opportunities gained through on-campus vs. online program

                               Strongly agree   Agree      Neither agree nor disagree     Disagree      Strongly disagree

                                                                                                                                                       Only 8 percent of
                                                21%                                               17%
                      25%
                                                                         31%
                                                                                                                            25%                    international candidates
                                                                                                                                                 planning to pursue an MBA
                                                                                                                                                 program strongly agree or
% of respondents

                                                                                                  44%
                                                43%                                                                                                    agree that “career
                      44%                                                                                                   48%
                                                                         43%                                                                         opportunities gained
                                                                                                                                                    through an on-campus
                                                                                                  23%
                                                                                                                                                  graduate business degree
                                                20%
                      19%                                                                                                   17%                       are same as gained
                                                                         18%
                                                13%                                              13%                                             through an online degree.”
                      10%                                               6%                                                  9%
                      2%                        3%                      2%                        2%                        1%
                     Overall                MBA-Domestic          MBA-International        Business Master's-        Business Master's-
                                                                                               Domestic                International

                   Q: Please indicate how much you agree or disagree with each of the following statements. - Career opportunities gained through an on-campus
                   graduate business degree are same as gained through an online degree
                                                                                                                                                                              20
Willingness to complete a degree online due to COVID-19

                                         Less than 10%       10-30%      More than 30%

                                                               26%                                                                   A quarter of international
                    43%                                                                                      40%                     candidates are willing to
                                      56%
                                                                                      62%
                                                                                                                                       complete less than 10
% of respondents

                                                                                                                                      percent of their degree
                                                                                                                                   online as a result of COVID-
                                                               50%
                                                                                                                                    19. In contrast, 56 percent
                    43%                                                                                      46%                   of domestic MBA candidates
                                      36%                                                                                          are willing to complete more
                                                                                      30%
                                                                                                                                      than 30 percent of their
                                                               24%                                                                         degree online.
                    15%                                                                                      14%
                                       8%                                             8%

                   Overall        MBA-Domestic           MBA-International     Business Master's-      Business Master's-
                                                                                   Domestic              International

      Q: If you were accepted into a graduate business program, what percent of your program would you be willing to complete online
          as a result of COVID-19 global pandemic?
                                                                                                                                                                  21
Overall, increase in proportion of candidates pursuing GME
     due to skill gaps discovered during the job search process

    Percentage of respondents reporting triggers for pursuing graduate management education (Top-3)

                   61                                            62
                            58                                                    58                59
                                              54                                                                      I always planned to pursue a graduate business
                                                                                                                      education at this point
% of Respondents

                                                                                                    40
                            37                38                                                                      Wanted to apply for a job, but lacked required skills
                   35                                            36               35                                  and/or degree to be competitive
                                                                                                                      Convenient time to go to school
                                                                                  32                33
                                                                 30
                            28                28
                   25

                   July    August          September           October         November         December

                                          Month of Responses

Q: Please indicate which of the following events, if any, prompted you to begin taking action on your journey to a graduate business education. Select all that apply.
                                                                                                                                                                              22
Triggers for pursuing GME

                                                                                                      Business             Business
      Top-5 Triggers for                                                          MBA-
        Pursuing GME
                                       Overall          MBA-Domestic
                                                                              International
                                                                                                      Master's-            Master's-              Thirty-seven percent of
                                                                                                      Domestic           International
                                                                                                                                                    all candidates report
I always planned to pursue
    a graduate business                 58%                   52%                  61%                  48%                   65%                       that they were
   education at this point                                                                                                                        prompted to apply for a
 Wanted to apply for a job,                                                                                                                          graduate business
 but lacked required skills
                                        37%                   39%                  33%                  50%                   36%                   degree because they
   and/or degree to be
        competitive                                                                                                                                “wanted to apply for a
     Convenient time to                                                                                                                           job but lacked required
        go to school                    30%                   37%                  26%                  35%                   23%
                                                                                                                                                   skills and/or degree to
 I realized I lacked specific                                                                                                                          be competitive.”
    knowledge to do my                  21%                   18%                  24%                  24%                   21%
         current job
     I had the financial
         resources                      20%                   22%                  18%                  29%                   19%
          to apply

Q: Please indicate which of the following events, if any, prompted you to begin taking action on your journey to a graduate business education. Select
all that apply.
                                                                                                                                                                      23
Use of information resources for researching GME

                                                                                                     Business              Business
   Top-5 Information                                                            MBA-                                                     Overall, MBA candidates
                                   Overall           MBA-Domestic                                    Master's-             Master's-
        Sources                                                             International
                                                                                                     Domestic            International   are more likely to rely on
                                                                                                                                          rankings than business
     School websites                64%                   68%                    62%                   66%                   62%           master’s candidates.
                                                                                                                                            Domestic business
        mba.com                     48%                   57%                    50%                   46%                   38%            master’s candidates
                                                                                                                                             are least likely to
     Friends/family                 47%                   51%                    45%                   45%                   47%             rely on rankings.

 Published rankings of
  graduate business                 44%                   45%                    49%                   36%                   44%
       programs

School-related websites             44%                   46%                    46%                   41%                   42%

Q: Which of the following resources have you used in the process of researching a graduate business education? Select all that apply.
                                                                                                                                                              24
Career goals

                                                         Career goals sorted by Top -7 Overall
                               Overall       MBA-Domestic     MBA-International   Business Master's-Domestic      Business Master's-International

                                                                                                                           38%
                                                                                                                                                    55%
                                                                                                                                                           More than 40 percent of
                           Get a raise/salary increase                                                                   37%
                                                                                                 25%
                                                                                                                   35%                                     international candidates
                                                                                                                     35%
                                                                                                                                             46%
                                                                                                                                                          report their career goal to
                                         Manage people                                                                  37%
                                                                                                   26%
                                                                                                   26%
                                                                                                                                                           be working outside their
                                                                                                                     35%                                    country of citizenship.
                                                                                                                                        44%
                        Obtain a senior level position                                                                     38%
                                                                                                  25%                                                       In contrast, more than
                                                                                                   26%
                                                                                                                 33%                                         half of domestic MBA
                                                                                                24%
Work for a company where I can travel internationally
                                                                                                           30%
                                                                                                                        37%                                 candidates report their
                                                                                                                               40%
                                                                                                               32%                                          career goal as getting
                                                                                                                       37%
                                     Manage projects                                                        31%
                                                                                                          30%                                                   salary increase/
                                                                                                            31%
                                                                                                           30%
                                                                                                                                                                  raise (55%).
                                                                                                                           38%
                    Obtain an executive level position                                                         32%
                                                                                                24%
                                                                                              23%
                                                                                                           30%
                                                                          11%
              Work outside my country of citizenship                                                                                   43%
                                                                                   17%
                                                                                                                                 41%

Q. Which of the following do you expect to do after you complete a graduate business program? Select all that apply.
                                                                                                                                                                                 25
Industries of interest

                                             Preferred Industries sorted by Top -7 Overall
                   Overall      MBA-Domestic      MBA-International   Business Master's-Domestic      Business Master's-International
                                                                                                                                                            Overall, Consulting and
                                                                                                                               42%
                                                                                                                                              48%
                                                                                                                                                           Financial services are the
                      Consulting services                                                                                                           52%
                                                                                                                               41%
                                                                                                                                                     53%      top-two industries of
                                                                                                       31%
                                                                                                                         39%                                     interest for GME
                        Financial services                                                                         36%
                                                                                                                                     44%
                                                                                                                                              48%               candidates. MBA-
                                                                                                                    37%
                                                                                                                          40%                              International candidates
                              Technology                                                                                                45%
                                                                                                   28%
                                                                                                     29%                                                   prefer Technology (45%)
                                                                                           24%
                                                                                                      30%                                                   over Financial services
Investment banking and asset management                                                                    32%
                                                                                            24%
                                                                                                                       38%
                                                                                                                                                            (36%), possibly due to
                                                                         17%
                                                                                 20%                                                                         higher expectations of
                      Consumer products                                                    23%
                                                                                     21%
                                                                                    21%
                                                                                                                                                           future employability and
                                                                        16%
                                                                          17%
                                                                                                                                                                  visa potential.
                    Media/Entertainment                               15%
                                                                        16%
                                                                         16%
                                                                        16%
                                                                      15%
                             Government                               15%
                                                                              18%
                                                                       15%

 Q. In which industry would you prefer to be employed upon completion of a graduate business program? Select all that apply.

                                                                                                                                                                                 26
Job functions of interest

                                           Preferred Job Functions sorted by Top -7 Overall
                Overall     MBA-Domestic       MBA-International     Business Master's-Domestic         Business Master's-International

                                                                                                                                     51%
                                                                                                                              47%
                             Consulting                                                                                                    54%
                                                                                                                      43%                                     International MBA
                                                                                                                                             57%
                                                                                                                                 49%                        candidates are more
                                                                                                                                 49%
                               Strategy
                                                                                                   33%
                                                                                                                                                   59%   likely to report interest in
                                                                                                                        44%
                                                                                                                   42%
                                                                                                                                                             working in Strategy
                                                                                                                              47%
                  General management
                                                                                       27%
                                                                                                                                    50%                     (59%) than domestic
                                                                                                  32%
                                                                                                    35%
                                                                                                                                                              candidates (49%).
                                                                                       27%
                    Finance/accounting                                                   29%                                                                  Business master’s
                                                                                                                               48%
                                                                                                                         44%
                                                                                                                                                             candidates report a
                                                                                       27%
Marketing/advertising/brand management
                                                                                        28%
                                                                                       27%                                                                     higher interest in
                                                                                23%
                                                                                         28%                                                                 Finance/Accounting.
                                                                                23%
                                                                              22%
            Sales/business development                                                 27%
                                                                          20%
                                                                                 23%
                                                                           20%
                                                                                         29%
                    Operations/logistics                                  20%
                                                                   14%
                                                                    15%

Q. In what job function would you prefer to be employed upon completion of a graduate business program? Select all that apply.
                                                                                                                                                                                        27
Appendix A: Analyses by
Program Type
The following section focuses on individuals planning to
enroll in a GME program in 2021 and summarizes the
variations by preferred program types.

Programs reported in this section include:

  • Full-Time Two-Year             • Master of Accounting
    MBA                            • Master of Data
  • Full-Time One-Year               Analytics
    MBA                            • Master of Finance
  • Part Time MBA                  • Master of International
  • Flexible MBA                     Management
  • Executive MBA                  • Master in Management
  • Online MBA                     • Master of Marketing

  Back to Table of Contents

                                                               28
Full-Time Two-Year MBA
  Preferred program type

                            Demographic Group                                                           Impact of COVID-19 **, By Gender and                          Post-GME Career Goals (Top-5) **
                                                                                                            Preferred Study Destination
                                                                                                                                                         Get a raise/salary increase                          42%
                                     Male                          60%
      Gender

                                                                                              Overall                       Domestic-Male                            Manage people                       39%
                                  Female                    40%                               Domestic-Female               International-Male
                                                                                                                                                       Obtain a senior level position                   36%
                                                                                              International-Female
                                                                                                                                                          Get a job with a different
                                                                                                                                                                                                       34%
                                under 24                 28%                                                                                                      company
                                                                                                                                            73%
      Age

                                                                                                                                                                   Manage projects                     33%
                                24 to 30                           61%                                                                    64%
                                                                                         I am not changing my original                                             Industries of Interest (Top-5) **
                           31 and older            11%                                                                                  58%
                                                                                                     plans
                                                                                                                                                 82%            Consulting services                           49%
                                                                                                                                                 80%
Undergraduate

                  Business/Economics                           48%                                                                                                      Technology                      39%
  Major **

                 Humanities/Soc. Sci.                  21%                                                                                                        Financial services                   36%
                                                                                                                           14%
                                                                                                                                                           Investment banking and
                                    STEM                     41%                                                             19%                                                                  31%
                                                                                                                                                             asset management
                                                                                         I am more willing to consider
                                                                                                                               22%                            Media/Entertainment          19%
                                                                                               online learning
                                                                                                                          9%
                Top Preferred Study Destination (Top-5)
                                                                                                                          10%
                                                                                                                                                                   Functions of Interest (Top-5) **
                             United States                               66%
                                                                                                                                                                         Consulting                             52%
                                   Canada           11%                                                                     17%
                                                                                                                               23%                                         Strategy                            51%
                          United Kingdom          6%                                   I am more willing to consider a
                                                                                                                                 27%                          General management                             46%
                                                                                       business school closer to home
                                      India      3%                                                                        12%
                                                                                                                                                                Finance/accounting                 34%
                                                                                                                           11%
                                  Australia      2%                                                                                                    Marketing/advertising/brand
                                                                                                                                                                                                 28%
                                                                                                                                                              management
                  * N = 515
                  ** May add up to more than 100 percent due to multiple selections.                                                                                                                                  29
Full-Time One-Year MBA
 Preferred program type

                          Demographic Group                                                          Impact of COVID-19 **, By Gender and                         Post-GME Career Goals (Top-5) **
                                                                                                         Preferred Study Destination
                                                                                                                                                      Obtain a senior level position                        45%
                                    Male                        58%
      Gender

                                                                                           Overall                        Domestic-Male                 Get a raise/salary increase                         45%
                                Female                     42%
                                                                                           Domestic-Female                International-Male
                                                                                                                                                                    Manage people                      40%
                                                                                           International-Female
                                                                                                                                                      Work for a company where I
                                                                                                                                                                                                      37%
                              under 24               21%                                                                                               can travel internationally
      Age

                                                                                                                                               63%    Work outside my country of
                               24 to 30                                                                                                                                                               36%
                                                               54%                                                                                             citizenship
                                                                                                                                        48%
                         31 and older                                                  I am not changing my original
                                                      25%                                                                                52%
                                                                                                   plans                                                          Industries of Interest (Top-5) **
                                                                                                                                                74%
                                                                                                                                               63%             Consulting services                           53%
Undergraduate

                Business/Economics                           49%
  Major **

                                                                                                                                                                       Technology                          45%
                Humanities/Soc. Sci.                17%
                                                                                                                          15%                                    Financial services                  37%
                                  STEM                      43%                                                            18%                            Investment banking and
                                                                                       I am more willing to consider                                                                           31%
                                                                                                                                                            asset management
                                                                                                                                29%
                                                                                             online learning
                                                                                                                                                               Consumer products            25%
                                                                                                                        11%
                 Preferred Study Destination (Top-5)
                                                                                                                         13%
                          United States                   34%                                                                                                     Functions of Interest (Top-5) **

                       United Kingdom               17%                                                                       24%                                         Strategy                           61%
                                                                                                                                  36%
                                Canada             14%                               I am more willing to consider a                                                    Consulting                           58%
                                                                                                                                  35%
                                                                                     business school closer to home
                                 France          10%                                                                      17%                                General management                        49%
                                                                                                                            22%
                                   Spain       5%                                                                                                              Finance/accounting            29%
                                                                                                                                                      Marketing/advertising/brand
                                                                                                                                                                                            28%
                * N = 537                                                                                                                                    management
                ** May add up to more than 100 percent due to multiple selections.                                                                                                                                 30
Part-Time MBA
      Preferred program type

                            Demographic Group                                                        Impact of COVID-19 **, By Gender and                                Post-GME Career Goals (Top-5) **
                                                                                                         Preferred Study Destination
                                   Male                         58%                                                                                                Get a raise/salary increase                        53%
      Gender

                                                                                               Overall                         Domestic-Male
                                Female                    41%                                                                                                   Obtain a senior level position                       47%
                                                                                               Domestic-Female                 International-Male
                                                                                               International-Female                                                           Manage people                       46%

                              under 24           12%                                                                                                                         Get a promotion                    42%
      Age

                                                                                                                                            50%
                              24 to 30                        51%
                                                                                                                                                52%         Obtain an executive level position                 40%
                         31 and older                                                    I am not changing my original
                                                         37%                                                                              41%
                                                                                                     plans
                                                                                                                                                      70%
                                                                                                                                                                          Industries of Interest (Top-7) **
                                                                                                                                          40%
Undergraduate

                Business/Economics                        38%                                                                                                                     Technology                         43%
  Major **

                                                                                                                                                                          Consulting services                  35%
                Humanities/Soc. Sci.               18%
                                                                                                                                       38%                                  Financial services           25%
                                  STEM                         56%                                                                        40%                             Consumer products         18%
                                                                                         I am more willing to consider
                                                                                                                                          41%                               Petroleum/Energy       17%
                                                                                               online learning
                   Preferred Study Destination (Top-5)                                                                        10%                           Pharma/BioT/Healthcare products        17%
                                                                                                                                                  60%                          Manufacturing       17%
                          United States                        46%
                                                                                                                                                                            Functions of Interest (Top-5) **
                                 Canada              20%                                                                            27%
                                                                                                                                       38%                                           Strategy                           55%
                               Germany          6%                                     I am more willing to consider a
                                                                                                                                19%                                     General management                        47%
                                                                                       business school closer to home
                            South Africa        6%                                                                              20%
                                                                                                                                                                                   Consulting                  39%
                                                                                                                         0%
                              Singapore         5%                                                                                                                        Operations/logistics              36%

                  * N = 103
                                                                                                                                                                 Sales/business development           26%
                  ** May add up to more than 100 percent due to multiple selections.                                                                                                                                          31
Flexible MBA
      Preferred program type

                           Demographic Group                                                           Impact of COVID-19 **, By Gender and
                                                                                                           Preferred Study Destination                           Post-GME Career Goals (Top-5) **

                                  Male                        54%
      Gender

                                                                                                                                                                     Manage people                          46%
                                                                                             Overall                        Domestic-Male
                               Female                      46%                                                                                           Get a raise/salary increase                        44%
                                                                                             Domestic-Female                International-Male
                                                                                                                                                                   Manage projects                      40%
                                                                                             International-Female
                                                                                                                                                                    Get a promotion               33%
                             under 24                27%
                                                                                                                                           51%
      Age

                                                                                                                                                       Obtain a senior level position             33%
                              24 to 30                     44%                                                                             52%
                                                                                        I am not changing my original
                        31 and older                  29%                                                                            38%
                                                                                                    plans                                                    Industries of Interest (Top-5) **
                                                                                                                                                 69%
                                                                                                                                             60%                        Technology                          32%
Undergraduate

                Business/Economics                            53%                                                                                               Consulting services                     27%
  Major **

                Humanities/Soc. Sci.                23%
                                                                                                                                    33%                           Financial services                    27%
                                 STEM                  31%                                                                     24%                         Investment banking and
                                                                                        I am more willing to consider                                                                                 24%
                                                                                                                                                             asset management
                                                                                                                                           50%
                                                                                              online learning
                                                                                                                                                                     Manufacturing                    24%
                Preferred Study Destination (Top-6)                                                                           23%
                                                                                                                              20%
                         United States                          52%                                                                                          Functions of Interest (Top-5) **

                               Canada              17%                                                                                                                     Strategy                         48%
                                                                                                                               25%
                                France        5%                                                                                     38%                      General management                            46%
                                                                                      I am more willing to consider a
                      United Kingdom          5%                                                                               25%
                                                                                      business school closer to home                                                     Consulting                   35%
                                                                                                                         8%
                             Singapore        3%                                                                                                       Marketing/advertising/brand
                                                                                                                              20%                                                               27%
                                                                                                                                                              management
                           Afghanistan        3%
                                                                                                                                                                Operations/logistics      21%
                 * N = 63
                 ** May add up to more than 100 percent due to multiple selections.                                                                                                                               32
Executive MBA
       Preferred program type

                            Demographic Group                                                          Impact of COVID-19 **, By Gender and                                   Post-GME Career Goals (Top-5) **
                                                                                                           Preferred Study Destination
                                   Male                             73%                                                                                     Obtain an executive level position                            58%
      Gender

                                                                                             Overall                          Domestic-Male
                                Female                                                                                                                           Obtain a senior level position                    45%
                                                     25%
                                                                                             Domestic-Female                  International-Male
                                                                                                                                                                               Manage people                    41%
                                                                                             International-Female
                                                                                                                                                                   Get a raise/salary increase                  40%
                             under 24          4%
                                                                                                                                              55%
      Age

                                                                                                                                                                  Become CEO of a company                       40%
                              24 to 30                 30%                                                                           33%
                                                                                         I am not changing my original
                         31 and older                             66%                                                                              63%                         Industries of Interest (Top-6) **
                                                                                                     plans
                                                                                                                                                    69%
                                                                                                                                                                                   Technology                            48%
                                                                                                                                                   67%
Undergraduate

                Business/Economics                      33%                                                                                                                Consulting services                     41%
  Major **

                                                                                                                                                                            Petroleum/Energy              26%
                Humanities/Soc. Sci.              14%
                                                                                                                                    27%                                      Financial services         24%
                                  STEM                         58%                                                                  27%                                   Consumer products             23%
                                                                                         I am more willing to consider
                                                                                                                                      37%                                       Manufacturing           23%
                                                                                               online learning
                                                                                                                                23%
                Preferred Study Destination (Top-6)
                                                                                                                         0%
                                                                                                                                                                               Functions of Interest (Top-6) **
                         United States                        46%
                                                                                                                                                                       General management                                      64%
                      United Kingdom              13%
                                                                                                                                    27%
                                                                                                                                                                                     Strategy                          52%
                                Canada           12%                                                                                      43%
                                                                                       I am more willing to consider a                                                             Consulting                    43%
                                   India         10%                                                                                26%
                                                                                       business school closer to home
                                                                                                                              11%                                        Operations/logistics              33%
                                   Italy      3%
                                                                                                                                     33%                 Information technology/data science            26%
                             Singapore        3%
                                                                                                                                                                 Sales/business development             26%
                  * N = 91
                  ** May add up to more than 100 percent due to multiple selections.                                                                                                                                                 33
Online MBA
           Preferred program type

                             Demographic Group                                                           Impact of COVID-19 **, By Gender and                          Post-GME Career Goals (Top-5) **
                                                                                                             Preferred Study Destination
                                  Male                        56%                                                                                                 Get a raise/salary increase                        63%
      Gender

                                                                                               Overall                       Domestic-Male
                               Female                     44%                                                                                                                Manage people                  47%
                                                                                               Domestic-Female               International-Male
                                                                                                                                                               Obtain a senior level position            41%
                                                                                               International-Female
                                                                                                                                                                            Change job
                            under 24             15%                                                                                                                                                     40%
                                                                                                                                                                       functions/occupation
                                                                                                                                          44%
      Age

                             24 to 30                  35%                                                                                                                  Get a promotion              40%
                                                                                                                                                57%
                                                                                          I am not changing my original
                        31 and older                        51%                                                                          37%
                                                                                                      plans
                                                                                                                                         38%                           Industries of Interest (Top-7) **
                                                                                                                             13%
                                                                                                                                                                                 Technology                          41%
Undergraduate

                Business/Economics                         47%
  Major **

                                                                                                                                                            Pharma/BioT/Healthcare products           23%
                Humanities/Soc. Sci.                  29%                                                                                                                  Financial services         23%
                                                                                                                                               53%
                                                                                                                                                                          Consulting services         22%
                                 STEM                   37%                                                                                46%
                                                                                          I am more willing to consider                                                    Petroleum/Energy        17%
                                                                                                                                                56%                              Government        17%
                                                                                                online learning
                 Preferred Study Destination (Top-5)                                                                                           50%                             Manufacturing       17%
                                                                                                                                                      75%
                         United States                                69%                                                                                                Functions of Interest (Top-5) **

                      United Kingdom           8%                                                                             15%                                      General management                                  53%
                                                                                                                             14%
                                Canada        4%                                        I am more willing to consider a                                                              Strategy                     36%
                                                                                                                             15%
                                                                                        business school closer to home                                           Marketing/advertising/brand
                              Australia       3%                                                                             13%                                                                               33%
                                                                                                                                                                        management
                                                                                                                                   25%                                   Operations/logistics                31%
                                 France       3%
                                                                                                                                                                 Sales/business development                 28%
                   * N = 81                                                                                                                                                                                                      34
                   ** May add up to more than 100 percent due to multiple selections.
Master of Accounting
           Preferred program type

                            Demographic Group                                                            Impact of COVID-19 **, By Gender and                         Post-GME Career Goals (Top-5) **
                                                                                                             Preferred Study Destination
                                                                                                                                                           Obtain an entry level position                             45%
                                  Male                    39%
      Gender

                                                                                               Overall                       Domestic-Male                    Get a raise/salary increase                       33%
                               Female                            61%
                                                                                               Domestic-Female               International-Male
                                                                                                                                                               Obtain a midlevel position                      31%
                                                                                               International-Female
                                                                                                                                                        Work for a company where I can
                             under 24                             65%                                                                                                                                          29%
                                                                                                                                                             travel internationally
      Age

                                                                                                                                           44%
                              24 to 30               24%                                                                                                Work in my country of citizenship                  27%
                                                                                                                                                 61%
                        31 and older             11%                                     I am not changing my original
                                                                                                                                     32%
                                                                                                     plans                                                            Industries of Interest (Top-5) **
                                                                                                                                                  64%
                                                                                                                                     33%
Undergraduate

                Business/Economics                                     89%                                                                                              Financial services                             65%
  Major **

                Humanities/Soc. Sci.           4%                                                                                                                     Consulting services                      44%
                                                                                                                                     36%
                                 STEM          7%                                                                                                                            Government              25%
                                                                                                                                      39%
                                                                                         I am more willing to consider                                           Investment banking and
                                                                                                                                             54%                   asset management
                                                                                                                                                                                                     24%
                                                                                               online learning
                Preferred Study Destination (Top-7)                                                                            18%                                   Professional services         17%
                                                                                                                              17%
                         United States                                 68%
                                                                                                                                                                    Functions of Interest (Top-5) **
                                Canada          8%
                                                                                                                                     32%
                      United Kingdom           4%                                                                                                                    Finance/accounting                                     92%
                                                                                                                                  28%
                            Hong Kong          4%                                      I am more willing to consider a                                                        Consulting                 39%
                                                                                                                                     32%
                                  China
                                                                                       business school closer to home
                                              3%
                                                                                                                               18%                                 General management         16%
                             Singapore        3%                                                                                           44%
                                                                                                                                                                             Information…    11%
                                Sweden        3%
                                                                                                                                                                                Strategy     11%
                  * N = 75                                                                                                                                                                                                        35
                  ** May add up to more than 100 percent due to multiple selections.
Master of Data Analytics
      Preferred program type

                           Demographic Group                                                          Impact of COVID-19 **, By Gender and                         Post-GME Career Goals (Top-5) **
                                                                                                          Preferred Study Destination
                                                                                                                                                                           Manage projects                        34%
                                  Male                       52%
      Gender

                                                                                            Overall                        Domestic-Male                       Work outside my country of
                                                                                                                                                                                                                  34%
                               Female                       48%                             Domestic-Female                International-Male                            citizenship
                                                                                                                                                           Work for a company where I can
                                                                                            International-Female                                                                                            32%
                                                                                                                                                                travel internationally
                                                                                                                                                                 Get a raise/salary increase              32%
                             under 24                           62%
                                                                                                                                           55%                   Live outside my country of
      Age

                                                                                                                                                                                                   30%
                              24 to 30                28%                                                                            41%                                 citizenship
                                                                                        I am not changing my original
                        31 and older            9%                                                                                       48%
                                                                                                    plans                                                         Industries of Interest (Top-5) **
                                                                                                                                               61%
                                                                                                                                               61%                      Consulting services                             58%
Undergraduate

                Business/Economics                                  73%
  Major **

                                                                                                                                                                               Technology                         50%
                Humanities/Soc. Sci.             11%                                                                         22%                                         Financial services                     44%
                                 STEM                  33%                                                                         34%
                                                                                        I am more willing to consider                                                  Consumer products            25%
                                                                                                                                30%
                                                                                              online learning                                    Investment banking and asset management        21%
                                                                                                                         11%
                Preferred Study Destination (Top-5)
                                                                                                                             22%
                                                                                                                                                                Functions of Interest (Top-5) **
                         United States                       42%

                                                                                                                                30%                    Information technology/data science                            63%
                                Canada             15%
                                                                                                                                   38%                                          Consulting                       57%
                                 France         9%                                    I am more willing to consider a
                                                                                                                                    39%                                           Strategy                 45%
                                                                                      business school closer to home
                      United Kingdom            7%                                                                              30%
                                                                                                                                                                       Finance/accounting          29%
                                                                                                                            20%
                             Singapore         6%                                                                                                                    General management        23%

                 * N = 148                                                                                                                                                                                                    36
                 ** May add up to more than 100 percent due to multiple selections.
Master of Finance
         Preferred program type

                             Demographic Group                                                          Impact of COVID-19 **, By Gender and                       Post-GME Career Goals (Top-5) **
                                                                                                            Preferred Study Destination
                                                                                                                                                          Work outside my country of
                                   Male                          63%                                                                                                                                        30%
      Gender

                                                                                                                                                                 citizenship
                                                                                              Overall                        Domestic-Male
                                Female                   37%                                                                                             Obtain an entry level position                 29%
                                                                                              Domestic-Female                International-Male
                                                                                                                                                           Live outside my country of
                                                                                              International-Female                                                                                     27%
                                                                                                                                                                   citizenship
                             under 24                                 79%                                                                                   Obtain a midlevel position                 25%
      Age

                                                                                                                                                  66%
                              24 to 30            15%                                                                                                    Work for a company where I
                                                                                                                                                                                                      25%
                                                                                                                                             58%          can travel internationally
                         31 and older                                                     I am not changing my original
                                               6%                                                                                            59%
                                                                                                      plans
                                                                                                                                                   71%           Industries of Interest (Top-5) **
                                                                                                                                                  64%
Undergraduate

                Business/Economics                                                                                                                                  Financial services                              83%
                                                                      85%
  Major **

                                                                                                                                                             Investment banking and
                Humanities/Soc. Sci.            7%                                                                                                                                                            68%
                                                                                                                                                               asset management
                                                                                                                              19%
                                  STEM              19%                                                                                                           Consulting services                 44%
                                                                                                                                 27%
                                                                                          I am more willing to consider
                                                                                                                                   29%                                    Real Estate      17%
                                                                                                online learning
                    Preferred Study Destination (Top-5)                                                                      15%
                                                                                                                                                                          Technology      15%
                                                                                                                              19%
                       United Kingdom                    31%
                                                                                                                                                                 Functions of Interest (Top-5) **
                          United States               22%                                                                     19%
                                                                                                                                                                  Finance/accounting                                90%
                                                                                                                                 27%
                                 France          11%                                    I am more willing to consider a                                                    Consulting                   55%
                                                                                                                                24%
                                                                                        business school closer to home
                                 Canada         8%                                                                            19%                                            Strategy           30%
                                                                                                                             16%                                General management        13%
                               Germany         4%
                                                                                                                                                         Sales/business development       12%
                   * N = 246                                                                                                                                                                                              37
                   ** May add up to more than 100 percent due to multiple selections.
Master in International Management
         Preferred program type

                             Demographic Group                                                          Impact of COVID-19 **, By Gender and
                                                                                                                                                                Post-GME Career Goals (Top-5) **
                                                                                                            Preferred Study Destination
                                                                                                                                                        Work for a company where I
                                   Male                     47%                                                                                                                                                57%
      Gender

                                                                                                                                                         can travel internationally
                                                                                              Overall                          Domestic-Male
                                Female                        53%                                                                                                  Manage projects                            52%
                                                                                              Domestic-Female                  International-Male
                                                                                              International-Female                                                  Manage people                      41%

                             under 24                                 81%                                                                               Work outside my country of
                                                                                                                                                                                                       40%
                                                                                                                                                                citizenship
      Age

                                                                                                                                               69%
                              24 to 30            16%                                                                                                    Live outside my country of
                                                                                                                                            60%                                                   36%
                                                                                                                                                                 citizenship
                         31 and older         3%                                          I am not changing my original
                                                                                                                                            60%
                                                                                                      plans
                                                                                                                                            64%              Industries of Interest (Top-5) **
                                                                                                                                                  77%            Consulting services
Undergraduate

                Business/Economics                                                                                                                                                                             63%
                                                                    73%
  Major **

                Humanities/Soc. Sci.             11%                                                                                                                     Technology              36%
                                                                                                                           13%
                                  STEM               22%                                                                                                         Consumer products         27%
                                                                                                                               20%
                                                                                          I am more willing to consider                                     Investment banking and
                                                                                                                               20%                                                         27%
                                                                                                online learning                                               asset management
                    Preferred Study Destination (Top-6)                                                                     15%                                    Financial services    24%
                                                                                                                          8%
                                 France              23%
                                                                                                                                                             Functions of Interest (Top-5) **
                      United Kingdom              13%
                                                                                                                                23%                                       Consulting                    61%
                                Canada          9%                                                                                    40%
                                                                                        I am more willing to consider a                                                     Strategy                    59%
                         United States          8%                                                                             20%
                                                                                        business school closer to home
                                                                                                                                  31%                          General management                      58%
                           Netherlands         6%
                                                                                                                           13%                           Sales/business development             41%
                           Switzerland         6%
                                                                                                                                                         Marketing/advertising/brand
                   * N = 95
                   ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                management
                                                                                                                                                                                             39%                     38
Master in Management
      Preferred program type

                           Demographic Group                                                            Impact of COVID-19 **, By Gender and                 Post-GME Career Goals (Top-5) **
                                                                                                            Preferred Study Destination
                                                                                                                                                       Work for a company where I
                                  Male                                                                                                                                                                       52%
                                                              56%
      Gender

                                                                                                                                                        can travel internationally
                                                                                              Overall                       Domestic-Male              Work outside my country of
                               Female                      44%                                                                                                                                             47%
                                                                                              Domestic-Female               International-Male                  citizenship
                                                                                                                                                        Live outside my country of
                                                                                              International-Female                                                                                   39%
                                                                                                                                                                 citizenship
                             under 24                                 85%                                                                                         Manage projects                    37%
      Age

                                                                                                                                              71%
                              24 to 30           12%                                                                                                               Manage people                    36%
                                                                                                                                        53%
                        31 and older          3%                                        I am not changing my original
                                                                                                                                       46%
                                                                                                    plans
                                                                                                                                                 81%      Industries of Interest (Top-5) **
                                                                                                                                              72%
Undergraduate

                Business/Economics                               64%                                                                                           Consulting services                         63%
  Major **

                Humanities/Soc. Sci.             12%                                                                                                             Financial services           33%
                                                                                                                           12%
                                 STEM                 29%                                                                        27%                                   Technology             33%
                                                                                        I am more willing to consider                                     Investment banking and
                                                                                                                            15%                                                               33%
                                                                                              online learning                                               asset management
                                                                                                                          8%
                  Preferred Study Destination (Top-5)                                                                                                          Consumer products         28%
                                                                                                                           12%

                      United Kingdom                  25%                                                                                                 Functions of Interest (Top-5) **

                                 France              23%                                                                       22%
                                                                                                                                                                        Consulting                         63%
                                                                                                                                  33%
                              Germany           10%                                   I am more willing to consider a                                                     Strategy                     57%
                                                                                                                                     38%
                                                                                      business school closer to home
                         United States          10%                                                                         15%                              General management                      49%
                                                                                                                               21%                     Marketing/advertising/brand
                          Netherlands          6%                                                                                                                                              39%
                                                                                                                                                              management

                 * N = 126                                                                                                                                     Finance/accounting         29%                      39
                 ** May add up to more than 100 percent due to multiple selections.
Master of Marketing
        Preferred program type

                            Demographic Group                                                            Impact of COVID-19 **, By Gender and                  Post-GME Career Goals (Top-6) **
                                                                                                             Preferred Study Destination
                                                                                                                                                                      Manage projects                                    34%
                                   Male             23%
      Gender

                                                                                                                                                           Live outside my country of
                                                                                               Overall                        Domestic-Male                                                                  31%
                               Female                                78%                                                                                            citizenship
                                                                                               Domestic-Female                International-Male          Work for a company where I
                                                                                                                                                                                                       30%
                                                                                                                                                           can travel internationally
                                                                                               International-Female
                             under 24                               73%                                                                                   Obtain a senior level position               30%
      Age

                                                                                                                                               61%         Work outside my country of
                              24 to 30              23%                                                                                                                                          29%
                                                                                                                                20%                               citizenship
                        31 and older           5%                                        I am not changing my original
                                                                                                                                               59%           Obtain a midlevel position          29%
                                                                                                     plans
                                                                                                                                              54%
                                                                                                                                                    68%    Industries of Interest (Top-5) **
Undergraduate

                Business/Economics                                    82%
  Major **

                                                                                                                                                            Media and Communication                                59%
                Humanities/Soc. Sci.                23%
                                                                                                                                 23%                               Consumer products                          54%
                                 STEM           10%                                                                                            60%               Media/Entertainment                         48%
                                                                                         I am more willing to consider
                                                                                                                               18%
                                                                                               online learning                                                     Consulting services                  40%
                   Preferred Study Destination (Top-5)                                                                               31%
                                                                                                                                                                           Technology            28%
                                                                                                                               18%
                          United States             16%                                                                                                    Functions of Interest (Top-5) **
                                                                                                                                  25%                     Marketing/advertising/brand
                       United Kingdom              14%                                                                                                                                                             90%
                                                                                                                                                                 management
                                                                                                                         0%
                            Netherlands            13%                                 I am more willing to consider a                                    Sales/business development             39%
                                                                                                                                 24%
                                                                                       business school closer to home
                                 Canada           10%                                                                                   38%                                  Strategy        33%
                                                                                                                                 25%
                                  France          10%                                                                                                                      Consulting        31%

                  * N = 80                                                                                                                                      General management         21%                                 40
                  ** May add up to more than 100 percent due to multiple selections.
Appendix B: Analyses by
Candidate Citizenship

The following section focuses on individuals planning to enroll in
a GME program in 2021 and summarizes the variations by
candidate citizenship.

Countries/Regions reported in this section include:

   • Canada                     • Nigeria
   • France                     • United Kingdom
   • Germany                    • United States
   • Greater China              • United States –
   • India                        Underrepresented
                                  Populations (URPs)
   • Italy

  Back to Table of Contents

                                                                     41
Canada
       Country of citizenship

                            Demographic Group                                                  Impact of COVID-19 **, By Gender                                       Post-GME Career Goals (Top-5)**
                                   Male                       52%
      Gender

                                                                                                      Overall      Male   Female                            Get a raise/salary increase                         45%
                                Female                      47%                                                                                                        Manage people                       44%
                                                                                                                                         45%             Obtain a senior level position
                                                                                          I am not changing my                                                                                       41%
                                                                                                                                         47%
                                                                                              original plans
                             under 24                  31%                                                                               43%                          Manage projects         39%
      Age

                              24 to 30                      45%                                                                                      Obtain an executive level position      39%
                                                                                                                                     35%
                                                                                         I am more willing to
                                                                                                                                    32%
                         31 and older                24%                               consider online learning
                                                                                                                                      38%                            Industries of Interest (Top-5)**

                                                                                         I am more willing to                         34%                           Consulting services                         41%
Undergraduate

                Business/Economics                          46%                          consider a business                          34%
                                                                                        school closer to home
  Major **

                                                                                                                                      33%                            Financial services                    37%
                Humanities/Soc. Sci.               16%
                                                                                                                                                                           Technology                     34%
                                  STEM                      46%                                                                                         Investment banking and asset
                                                                                               Preferred Program Types (Top-7)                                                                       29%
                                                                                                                                                               management
                                                                                                                                                                          Government               23%
                 Preferred Study Destination (Top-5)                                        Full-time 1 YR MBA                                 28%

                                                                                                 Part-time MBA                     14%                               Functions of Interest (Top-5)**
                                Canada                                 69%
                                                                                            Full-time 2 YR MBA                  12%
                          United States            16%                                                                                                                         Strategy                         48%
                                                                                                   Flexible MBA            7%
                       United Kingdom          6%                                                                                                                 General management                        46%
                                                                                              Master of finance            7%
                                                                                                                                                                             Consulting                    44%
                                 France       3%                                                 Executive MBA            5%
                                                                                                                                                                    Finance/accounting              32%
                                   Spain      1%                                        Master of data analytics          5%
                                                                                                                                                                    Operations/logistics            31%

                  * N = 147
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                                                                      42
France
       Country of citizenship

                            Demographic Group                                                      Impact of COVID-19 **, By Gender                                  Post-GME Career Goals (Top-7) **
                                   Male                        56%                                                                                           Work for a company where I can travel
      Gender

                                                                                                           Overall      Male    Female                                                                                           51%
                                                                                                                                                                         internationally
                                Female                     44%
                                                                                                                                                                                   Manage projects                         41%
                                                                                                                                             62%
                                                                                               I am not changing my
                                                                                                                                             62%                                    Manage people                          39%
                                                                                                   original plans
                             under 24                              67%                                                                       63%
                                                                                                                                                                  Obtain an executive level position                       39%
      Age

                              24 to 30               23%                                                                         23%
                                                                                              I am more willing to                                            Live outside my country of citizenship                  34%
                                                                                                                               15%
                         31 and older            10%                                        consider online learning
                                                                                                                                   33%
                                                                                                                                                                         Get a raise/salary increase                  34%
                                                                                               I am more willing to                  26%
                                                                                                                                                                        Become CEO of a company                       34%
Undergraduate

                Business/Economics                                  71%                        consider a business                    29%
  Major **

                                                                                              school closer to home                 22%
                                                                                                                                                                    Industries of Interest (Top-6) **
                Humanities/Soc. Sci.             10%
                                                                                                                                                                                Consulting services                  41%
                                  STEM                 31%
                                                                                                 Preferred Program Types (Top-10)                                                       Technology                   39%
                                                                                                                                                         Investment banking and asset management                34%
                 Preferred Study Destination (Top-5)                                             Full-time 1 YR MBA                                26%
                                                                                                                                                                                  Financial services          26%
                                                                                                   Master of finance                         18%
                                 France                            57%                       Master of management                                                 Pharma/BioT/Healthcare products       16%
                                                                                                                                       11%
                                                                                              Master of international…                10%                                              Government       16%
                       United Kingdom            10%
                                                                                             Master of data analytics                 10%                           Functions of Interest (Top-5) **
                          United States         8%
                                                                                                        Flexible MBA            5%
                                                                                                                                                                     General management                             48%
                            Switzerland         7%                                     Master of project management            3%
                                                                                                                                                                                  Strategy                          48%
                                                                                       Other business master degree            3%
                                Canada         5%
                                                                                                                                                                                Consulting                          46%
                                                                                                      Part-time MBA            3%
                                                                                                 Full-time 2 YR MBA            3%                                      Finance/accounting                33%
                  * N = 61
                  ** May add up to more than 100 percent due to multiple selections.                                                                           Sales/business development               30%                            43
Germany
       Country of citizenship

                            Demographic Group                                                Impact of COVID-19 **, By Gender                                   Post-GME Career Goals (Top-5)**
                                   Male                            69%
      Gender

                                                                                                      Overall      Male   Female                                       Manage people                                     37%
                                Female                  31%
                                                                                                                                                                      Manage projects                                    37%
                                                                                                                                      62%
                                                                                          I am not changing my                                       Work for a company where I can
                                                                                                                                       66%                                                                               37%
                                                                                              original plans                                              travel internationally
                             under 24                                74%                                                            55%
                                                                                                                                                Work outside my country of citizenship                             32%
      Age

                              24 to 30               21%                                                                   17%
                                                                                         I am more willing to                                    Live outside my country of citizenship                           30%
                                                                                                                          14%
                         31 and older          5%                                      consider online learning
                                                                                                                             24%

                                                                                                                                                              Industries of Interest (Top-5)**
                                                                                         I am more willing to               24%
Undergraduate

                Business/Economics                                    81%                consider a business                24%
                                                                                                                                                          Consulting services                               56%
  Major **

                                                                                        school closer to home               24%
                Humanities/Soc. Sci.              14%                                                                                                             Technology                          43%

                                  STEM               20%                                                                                             Investment banking and
                                                                                                                                                                                                33%
                                                                                                                                                       asset management
                                                                                              Preferred Program Types (Top-7)
                                                                                                                                                            Financial services              31%
                 Preferred Study Destination (Top-5)
                                                                                              Master of finance                           15%             Consumer products               23%

                               Germany                  27%                                 Full-time 1 YR MBA                      12%
                                                                                         Master of international
                                 France           12%                                                                              11%                        Functions of Interest (Top-5)**
                                                                                             management
                                                                                        Master of management                       11%                             Consulting                          59%
                       United Kingdom            10%
                                                                                            Full-time 2 YR MBA                     10%                               Strategy                         54%
                          United States          10%
                                                                                                 Part-time MBA               6%                         General management                 34%
                                   Spain        7%
                                                                                                                                                          Finance/accounting              31%
                                                                                           Master of marketing             5%
                                                                                                                                                  Sales/business development              31%
                  * N = 111
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                                                                               44
Greater China#
       Country of citizenship

                          Demographic Group                                                          Impact of COVID-19 **, By Gender                                          Post-GME Career Goals (Top-5) **
                                  Male                34%
      Gender

                                                                                                                Overall      Male    Female                       Get a raise/salary increase                          31%
                               Female                           66%
                                                                                                                                                               Obtain a senior level position                    25%
                                                                                                                                                   56%
                                                                                                 I am not changing my                                                       Manage projects                   23%
                                                                                                                                                  54%
                                                                                                     original plans
                             under 24                           66%                                                                                58%
                                                                                                                                                                  Obtain a midlevel position                 21%
      Age

                              24 to 30              24%                                                                              16%                   Obtain an executive level position              19%
                                                                                               I am more willing to
                                                                                                                                        27%
                        31 and older           10%                                           consider online learning
                                                                                                                                    11%
                                                                                                                                                                             Industries of Interest (Top-5) **
                                                                                                I am more willing to                      31%
                                                                                                                                                                            Financial services                            52%
Undergraduate

                Business/Economics                                 77%                          consider a business                       30%
  Major **

                                                                                               school closer to home                      31%
                                                                                                                                                                          Consulting services                          46%
                Humanities/Soc. Sci.              19%
                                                                                                                                                                     Investment banking and
                                                                                                                                                                                                                    42%
                                 STEM            15%                                                                                                                   asset management
                                                                                                          Preferred Program Types (Top-7)
                                                                                                                                                                                  Technology           23%

                 Preferred Study Destination (Top-6)                                                     Master of finance                           20%                  Consumer products          20%

                      United Kingdom                 27%                                            Full-time 1 YR MBA                              18%                      Functions of Interest (Top-5) **
                         United States              21%                                             Full-time 2 YR MBA                        12%
                                                                                                                                                                          Finance/accounting                              51%
                             Singapore          12%                                            Master of data analytics                     11%
                                                                                                                                                                                   Consulting                             50%
                                Canada         9%                                                  Master of marketing                    9%                     Marketing/advertising/brand
                                                                                                                                                                                                              36%
                                                                                                                                                                        management
                                  China       7%                                                  Master of accounting                 7%
                                                                                                                                                                                     Strategy                 35%
                            Hong Kong         7%
                                                                                                Master of management                 5%
                                                                                                                                                                       General management                     34%

                  * N = 191 #Greater China region includes Mainland China, Hong Kong, Taiwan and Macao
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                                                                                45
India
       Country of citizenship

                            Demographic Group                                              Impact of COVID-19 **, By Gender                                 Post-GME Career Goals (Top-5)**
                                   Male                           65%
      Gender

                                                                                                      Overall      Male    Female            Work for a company where I can travel
                                                                                                                                                                                                                     44%
                                                                                                                                                         internationally
                                Female                   35%
                                                                                                                                             Work outside my country of citizenship                             41%
                                                                                                                                     76%
                                                                                          I am not changing my
                                                                                                                                    74%
                                                                                              original plans                                          Obtain a senior level position                            40%
                             under 24                       45%                                                                       81%
      Age

                              24 to 30                     42%                                                                                Live outside my country of citizenship                           38%
                                                                                                                      5%
                                                                                         I am more willing to
                                                                                                                      5%
                         31 and older             13%                                  consider online learning                                   Obtain an executive level position                          36%
                                                                                                                      4%

                                                                                         I am more willing to              21%
                                                                                                                                                             Industries of Interest (Top-5)**
Undergraduate

                Business/Economics                      33%                              consider a business                23%
                                                                                        school closer to home
  Major **

                                                                                                                           19%
                                                                                                                                                         Consulting services                            57%
                Humanities/Soc. Sci.            6%
                                                                                                                                                                 Technology                           48%
                                  STEM                            67%                           Preferred Program Types (Top-7)
                                                                                                                                                           Financial services                   39%
                                                                                             Full-time 1 YR MBA                        29%
                                                                                                                                                    Investment banking and
                 Preferred Study Destination (Top-5)                                                                                                  asset management
                                                                                                                                                                                             35%
                                                                                        Full-time MBA 2 YR MBA                        29%
                                                                                                                                                         Consumer products              27%
                          United States                  32%
                                                                                         Master of management                  9%
                                   India             19%                                                                                                     Functions of Interest (Top-5)**
                                                                                                  Executive MBA           5%
                       United Kingdom              16%                                                                                                            Consulting                          62%
                                                                                               Master of finance          5%
                                Canada            13%                                                                                                               Strategy                       61%
                                                                                         One-year PGP program             4%
                                 France                                                                                                                General management                       53%
                                                7%
                                                                                        Master of data analytics          4%                    Marketing/advertising/brand
                                                                                                                                                                                         39%
                                                                                                                                                       management
                  * N = 330
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                         Finance/accounting            33%                                 46
Italy
       Country of citizenship

                            Demographic Group                                                Impact of COVID-19 **, By Gender                                         Post-GME Career Goals (Top-5)**
                                   Male                        56%
      Gender

                                                                                                                                                       Work for a company where I
                                                                                                      Overall       Male    Female                                                                        45%
                                                                                                                                                        can travel internationally
                                Female                     44%                                                                                         Work outside my country of
                                                                                                                                                                                                       39%
                                                                                                                                                              citizenship
                                                                                                                                          66%
                                                                                          I am not changing my
                                                                                                                                           76%                      Manage people                33%
                                                                                              original plans
                             under 24                                73%                                                               53%
                                                                                                                                                         Live outside my country of
      Age

                                                                                                                                                                                                 33%
                              24 to 30             16%                                                                                                           citizenship
                                                                                                                           14%
                                                                                         I am more willing to
                                                                                                                           12%                          Become CEO of a company                  33%
                         31 and older            11%                                   consider online learning
                                                                                                                            16%

                                                                                         I am more willing to                 27%                                  Industries of Interest (Top-5) **
Undergraduate

                Business/Economics                                    80%                consider a business                19%
  Major **

                                                                                        school closer to home                   38%                             Consulting services                           35%
                Humanities/Soc. Sci.             11%
                                                                                                                                                                  Financial services                      31%
                                  STEM              22%                                         Preferred Program Types (Top-7)                            Investment banking and
                                                                                                                                                                                                    23%
                                                                                                                                                             asset management
                                                                                               Master of finance                                 24%
                 Preferred Study Destination (Top-7)                                                                                                                    Technology              20%
                                                                                          Master of international
                                                                                                                                           17%                  Consumer products             17%
                                                                                              management
                                    Italy              26%
                                 France            15%                                       Full-time 1 YR MBA                      12%
                                                                                                                                                                   Functions of Interest (Top-5) **
                          United States          11%                                     Master of management                 8%
                       United Kingdom            9%                                                                                                                      Consulting                          48%
                                                                                            Master of marketing              7%
                           Netherlands         5%                                                                                                                          Strategy                     41%
                                   Spain       5%                                                 Executive MBA              7%                               General management                       39%
                            Switzerland        5%
                                                                                             Full-time 2 YR MBA              7%                        Sales/business development                   36%

                                                                                                                                                                Finance/accounting               32%
                  * N = 75
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                                                                    47
Nigeria
       Country of citizenship

                            Demographic Group                                                          Impact of COVID-19 **, By Gender                                                 Post-GME Career Goals (Top-5) **
                                                                                                                                                                          Work outside my country of
                                   Male                      50%
      Gender

                                                                                                                                                                                                                                50%
                                                                                                                    Overall       Male       Female                              citizenship
                                Female                       50%                                                                                                                       Manage people                           47%
                                                                                                                                                               76%       Work for a company where I
                                                                                                    I am not changing my                                                                                                  42%
                                                                                                                                                              73%         can travel internationally
                                                                                                        original plans
                             under 24             15%                                                                                                           79%
                                                                                                                                                                                     Manage projects                     38%
      Age

                              24 to 30                       48%                                                                          14%
                                                                                                  I am more willing to                                                   Obtain a senior level position                  38%
                                                                                                                                           17%
                         31 and older                    37%                                    consider online learning
                                                                                                                                         10%
                                                                                                                                                                                    Industries of Interest (Top-6) **
                                                                                                   I am more willing to                  12%                                       Consulting services                               55%
Undergraduate

                Business/Economics                            51%                                  consider a business                    13%
  Major **

                                                                                                  school closer to home                  10%
                                                                                                                                                                                     Financial services                        48%
                Humanities/Soc. Sci.                19%
                                                                                                                                                                                           Technology                         45%
                                  STEM                     42%                                           Preferred Program Types (Top-7)
                                                                                                                                                                        Investment banking and asset
                                                                                                                                                                                                                              45%
                                                                                                     Full-time 2 YR MBA                                           32%          management
                   Preferred Study Destination (Top-5)                                                                                                                              Petroleum/Energy                 35%
                                                                                                     Full-time 1 YR MBA                                           31%

                                                                                                        Master of finance                   8%                                            Government                 35%
                                Canada                        44%
                                                                                            Master of human resource                     5%
                          United States                 29%
                                                                                                                                                                                      Functions of Interest (Top-5) **
                                                                                       Master of health administration                3%
                       United Kingdom             12%                                                                                                                           General management                            60%
                                                                                                             Flexible MBA             3%
                                                                                                                                                                                            Consulting                        58%
                                 France        5%
                                                                                                       Other programs *                              17%
                                                                                                                                                                                              Strategy                        58%
                                 Nigeria       5%                                           * 1.7% each for Master of engineering management, Master of
                                                                                       entrepreneurship, Master of business information technology, Hybrid MBA,
                                                                                         PhD, Joint/dual degree, Master of accounting, Master of international
                                                                                                                                                                                   Finance/accounting                   47%
                                                                                               management, Part-time MBA and Master of Data Analytics
                                                                                                                                                                         Sales/business development                42%
                  * N = 60
                  ** May add up to more than 100 percent due to multiple selections.
                                                                                                                                                                                                                                           48
United States
       Country of citizenship

                            Demographic Group                                                Impact of COVID-19 **, By Gender                                         Post-GME Career Goals (Top-5)**

                                   Male                        55%                                     Overall      Male   Female                         Get a raise/salary increase                                 53%
      Gender

                                                                                                                                                       Obtain a senior level position                         41%
                                Female                      45%
                                                                                                                                         56%                         Manage people                            40%
                                                                                          I am not changing my
                                                                                                                                          59%
                                                                                              original plans
                                                                                                                                        53%       Get a job with a different company                       38%
                             under 24                  30%
                                                                                                                                                    Change job functions/occupation                        37%
      Age

                                                                                                                                 32%
                              24 to 30                       49%                         I am more willing to
                                                                                                                                28%
                                                                                       consider online learning
                         31 and older               21%
                                                                                                                                  36%                               Industries of Interest (Top-5)**

                                                                                          I am more willing to              23%                                  Consulting services                    41%
                                                                                          consider a business               22%
Undergraduate

                Business/Economics                             56%                       school closer to home              24%                                          Technology                 37%
  Major **

                Humanities/Soc. Sci.                  25%                                                                                                          Financial services               35%
                                                                                                Preferred Program Types (Top-7)                       Investment banking and asset
                                  STEM                 31%                                                                                                   management
                                                                                                                                                                                            21%
                                                                                             Full-time 2 YR MBA                             29%                Media/Entertainment         19%
                 Preferred Study Destination (Top-5)
                                                                                             Full-time 1 YR MBA                     16%
                                                                                                                                                                    Functions of Interest (Top-5)**
                          United States                                       89%
                                                                                                     Online MBA             8%
                       United Kingdom          4%                                                                                                                         Consulting                            44%
                                                                                            Master of accounting           7%
                                Canada        2%                                                                                                                            Strategy                          41%
                                                                                                  Part-time MBA            6%
                                 France       1%                                                                                                              General management                          35%
                                                                                         Master of data analytics          6%
                                   Spain      1%                                                                                                                Finance/accounting                        35%
                                                                                       Joint/dual degree program           5%                           Marketing/advertising/brand
                                                                                                                                                                                                  24%
                                                                                                                                                               management
                  * N = 662
                  ** May add up to more than 100 percent due to multiple selections.                                                                                                                                        49
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