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Global MBA Applications Experience Significant Decline in 2026

The Graduate Management Admission Council's latest survey reveals a 13% decline in global MBA applications for 2026, marking a significant shift after two years of growth. Factors such as rising educational costs, job market uncertainties, and changing student preferences are influencing this trend. Notably, Indian students are increasingly favoring business schools in Europe and Asia over traditional destinations like the U.S. and the U.K. This article explores the implications of these changes and the economic factors driving students' decisions.

3 Nov 2026 1:53 pm