How Brexit And Trump Are Damaging The World’s Most Popular Mba Markets

Future students are less likely to consider EE. UU. And the United Kingdom after political instability

Brexit and Donald Trump are damaging the reputation of the world’s most popular education education markets.

A new CarringtonCrisp study found that 40% and 28% of students in the US. UU. And the United Kingdom respectively are less likely to consider studying in the two countries after Trump’s election and Britain’s referendum to leave the EU.

The study, which surveyed 1,500 students representing 85 nationalities, is the latest indication that challenging political climates are hurting business schools, which rely heavily on foreign students to fill and enrich their programs.

The Graduate Management Admission Council in September found that only 32% of US business masters degrees. UU. They increased their volumes of international applications this year, down from 49% in 2016 and the third year of trotting. GMAC said a “disruptive political climate is likely to contribute to the downward trend in request volumes.”

More than 50% of CarringtonCrisp respondents said that a country’s reputation was the most important or the second most important factor in choosing where to study. The cost of education in one country was the most important factor or the second most important factor for 40% of the respondents.

The United States and the United Kingdom were the most popular study destinations, with 67% and 44% of those surveyed indicating that they can study there. The next most popular countries were Canada (39%) and Australia (38%), which benefited from the perception that they are more open to international talent, because progressive policies more visas. Seven other countries were selected by more than 15% of potential respondents, including China, France, Japan, the Netherlands, New Zealand, Singapore and Switzerland.

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CarringtonCrisp founder Andrew Crisp said: “Although Brexit was perceived as negative, in the short term British schools have benefited from the weakness of the pound. In the United States, the negative perceptions generated at the time of the campaign have been reinforced by travel bans and proposed changes to work visas. ”

The ability to obtain study and work visas is often the main concern of prospective international business school students. Despite the tightening of visa policy in the UK in recent years, CarringtonCrisp respondents suggested that the UK was one of the easiest countries to obtain visas. The United Kingdom was followed by Germany, Australia and China, with the United States perceived as the most difficult country to obtain a visa in

But it was perceived that the United States had the strongest and most dynamic economy, with China, Germany and the United Kingdom far behind and Australia behind. It is perhaps not surprising that Australia has been rated as the most attractive for its sense of adventure and an attractive lifestyle.

Germany scored well in most categories. German business schools are a relatively new phenomenon and, although several have quickly gained a solid reputation as ESMT Berlin, the volume of the best schools in general remains low compared with other countries.

Meanwhile, China is perceived as one of the cheapest countries to study and scored well in the sense of adventure and strength of economic measurements. However, he was perceived as the weakest by offering an attractive lifestyle and was the least recommended by a friend as a place to attend business school.

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Andrew said: “A student’s perception of a country can have a massive effect on the decision to study there and business schools should be aware of these perceptions.

“If perceptions are negative, there are steps to take, such as collective lobbying for changes to visa regulations, for example.

“If perceptions are positive, schools can improve them by emphasizing them in their own marketing, how to communicate the lifestyle, the economic or sporting aspects on which they are based.”

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