1.
WHO IN NYC IS HEADING TO BUSINESS SCHOOL?
WHO
58% 42%
NYC Metro Area residents
took the GMAT exam
Male Female
40% 47% 13%
Under 25 Between 25 & 30 31 & Older
Current Industry Intended Industry*
CONSULTING
ENERGY/UTILITIES
FINANCE/ACCOUNTING
HEALTHCARE
TECHNOLOGY
MANUFACTURING
GOV/NON-PROFIT
10%
7%
7%
12%
2%
2%
28%
24% PRODUCTS & SERVICES
5%
8%
Out of 23 US metro areas studied, New York has the highest
percentage of prospective students working in the
finance/accounting sector and the second-highest percentage (after
Charlotte, 37%) considering the sector after graduation.
WHAT
WHY
Reasons why
NYC metro residents
are considering
business school*
1. Job Opportunities
3. Develop Business Skills
HOW
*Respondents could choose more than one answer
FULL-TIME 2 YEAR MBA
PART-TIME MBA
T-T I M E M B A
FULL-TIME 1 YEAR MBA
FLEXIBLE MBA
F L E X I B L E M B A
54% 40% 32% 24% 17%
Loans
Personal Earnings/Savings
Grants
Employer Support
Spouse/Partner Earnings
© 2014, Graduate Management Admission Council. Sources: Graduate Management Admission
Council. GMAT exam data July 1, 2011-June 30, 2013 mba.com Prospective Students Survey of 1,358
candidates in the New York-Northern New Jersey-Long Island, NY-NJ-PA metro area considering
graduate business school in 2012-2013. For more, see mba.com or gmac.com
26%
14%
3%
25%
35%
11%
32,004
Top Specific Programs Considered*
86%
36%
of prospective business
school students are
considering MBA programs
are considering specialized
master’s degrees in business*
Other
ONLINE MBA
M.Acc
28%
25%
13%
12%
2%
2%
Top 5
77% 74% 69% 67% 64%
2. Increase Salary
4. Accelerate Career Path
5. Professional Credentials
Expected Financing Mix
to cover 100% of educational costs
Parental Support 17%