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Who in DC is Heading to B-School?
- 1. WHO IN D.C. IS HEADING TO BUSINESS SCHOOL?
WHO
60% 40%
Male Female
31% 55% 15%
Current Industry Intended Industry*
CONSULTING
ENERGY/UTILITIES
FINANCE/ACCOUNTING
HEALTHCARE
TECHNOLOGY
MANUFACTURING
GOV/NON-PROFIT
2%
10%
8%
3%
2%
10% PRODUCTS & SERVICES
32%
26%
30%
9%
7%
Out of 23 US metro areas, the Washington, D.C. area has a high
percentage of prospective students working in, or planning to
work in, consulting and government/non-profit sectors.
WHAT
WHY
Reasons why
D.C. metro residents
are considering
business school*
3. Develop Business Skills
HOW
*Respondents could choose more than one answer
FULL-TIME 2 YEAR MBA
PAR T-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
63% 47% 33% 27% 14%
62% 47% 34% 27% 15%
Loans
Personal Earnings/Savings
Grants
Employer Support
Parental 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 418 candidates in the D.C. metro area considering graduate business
school in 2012-2013. For more, see mba.com or gmac.com.
26%
4%
40%
27%
12%
9,715
Top Specific Programs Considered*
D.C. metro residents
took the GMAT exam
Under 25 Between 25 & 30 31 & Older
93%
27%
of prospective business
school students are
considering MBA programs
are considering specialized
master’s degrees in business*
Other
ONLINE MBA
31%
23%
17%
12%
12%
2%
2%
Top 5
78% 76% 71% 71% 69%
1. Increase Salary
2. Job Opportunities
4. Accelerate Career Path
5. More Interesting Work
Expected Financing Mix
to cover 100% of educational costs