News & Announcements

No.

628

Name

admin

Date

2021-08-30

Hit

50

Subject

Graduate Management Education_GMAC_5
attached file : GMAC_aug.docx

Alumni Perspectives on the Value of Graduate Management Education

Rahul Choudaha, PhD

The latest data from GMAC provides new insights into the satisfaction of alumni of graduate business schools. This research shares highlights of the survey snapshot based on responses from 4,658 alumni.Overall, 70 percent of alumni rate the value of their graduate business education as Excellent or Outstanding. 

GME enhances employability 
Most alumni agree that a graduate business degree is a catalyst in reaching their specific career outcomes. Alumni respondents Strongly Agree or Agree that GME increased their employability (87%), increased their earnings power (79%), prepared them for leadership positions (77%), developed their professional network (76%), prepared them for their chosen career (69%), provided opportunities for quicker career advancement (67%), and provided them with greater job security (63%).  

GME delivers positive ROI
The overall Net Promoter Score among business school alumni is 30, which is greater than scores achieved in most sectors of the economy. Aligning with this is the overall return-on-investment (ROI) alumni report regarding their program. Overall, approximately nine in ten (87%) alumni report a positive ROI from their graduate business education with only slight variations by the region of alumni residence. 


In summary, alumni of graduate business schools report a high level of satisfaction with their experiences, as indicated by their willingness to recommend the program to others. Alumni also agree that their graduate management education adds value on personal, professional, and financial dimensions, with a majority reporting a positive return-on-investment. These findings show that business school alumni place high regard on the value of graduate management education as it provides them with pathways to achieve their career ambitions.


Read the full research blog here.

 

 

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Dr. Rahul Choudaha is Director of Industry Insights & Research Communications at GMAC in the Washington DC area. He is an evangelist and analyst of graduate management education, focusing on mobility trends, student choices, and enrolment strategies. Choudaha has presented more than 150 sessions at professional conferences and has been quoted over 300 times in global publications. Follow him on LinkedIn and Twitter.

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