Foreign students are trickling in to India’s business schools says an article in Business Today.
The reasons for studying in India range from the more obvious ones like the cost effectiveness of the program to understanding the country first hand prior to taking up assignments for their parent organisations. Apart from countries like Guyana, Trinidad & Tobago, Malaysia, South Korea and China, India’s growth story is also attracting students from the US.
Interestingly, the acknowledged best Business Schools in India – the Indian Institutes of Management- have not been attracting foreign students in a big way.
“To admit foreign students, we select students with GMAT scores of over 750. With that kind of a score, a candidate can walk into Harvard, Wharton or any other top management school. So, the issue is not of attracting foreign talent but one of attracting quality foreign talent. For that to happen, we need to be a top and visible brand overseas,” says Bakul Dholakia, Director, Indian Institute of Management, Ahmedabad– by far India’s best business school.