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Facts At A Glance MBA Facts • In a survey published in the USA Today, 58 percent of 686 Web respondents said MBAs should be required to take a competency exam, just like doctors and lawyers. MBA Jungle, 2002 •A record 116,475 MBAs were awarded in the U.S. in the 2000-2001 school year, up over 23% percent from five years ago and 52 percent from 10 years ago. U.S. Department of Education, 2003 • MBAs now account for 25 percent of all master's degrees awarded. U.S. Department of Education, 2001 • A survey of 385 business schools revealed that 24.4 percent of MBA students in U.S. business schools are enrolled in full time, traditional 2-year programs. Association to Advance Collegiate Schools of Business, 2002 MBA Program/Admission Facts • Today, there are more than 2,000 MBA programs from more than 1,200 universities, business schools and management colleges in 123 countries worldwide. In the U.S. alone, there are more than 900 degree-granting institutions. MBA Info, 2002 • In 2001, worldwide registrations for the GMAT increased 18.6 percent. Graduate Management Admissions Council, 2002 • In 2002, 44 percent of full-time MBA programs indicated that applications were up significantly (more than 21 percent) over last year, with an additional 19 percent reporting increases as high as 20 percent. Graduate Management Admissions Council, 2002 |
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| Fact: On average a standard MBA will increase a graduate's salary by 44%. Imagine if one could stand apart from the average MBA graduate. |
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