Students are Turning to Graduate Study to Improve Skills

With the economy still being in a very precarious state, and foreclosures and unemployment still a common occurrence, many wonder where life will take them. Americans are predictably resilient, starting new businesses, changing careers and going back to school to make the new reality work for them. Many people wonder how many students are going to grad school now that jobs are scarce and millions are struggling to make ends meet.

Test preparation companies are seeing a surge of students young and old enrolling in test prep classes and preparing for graduate study. These students want to gain new skills and sharpen old ones, making themselves more attractive in the employment market. For students looking to go to business school, it may be helpful to enroll in a free GMAT course, or enroll in online GMAT prep. These courses will prepare you for the questions that will be asked in the actual exam and will give you a snapshot of the test at a glance.

The GMAT, or Graduate Management Admission Test is the comprehensive exam that most students will need to pass in order to apply for graduate study. Most colleges and universities require this exam, although many schools are relaxing their score requirements to allow for more students to gain entry. The GMAT is administered by independent testing sites and registered proctors and requires a fee to sit for the test. The test is comprised of several parts that evaluate the verbal, mathematical and written analytical skills of the applicant.

Many students are enrolling in business programs in order to strike out on their own and learn entrepreneurship skills that will help them manage their own small businesses. Some are going back to school to learn skills that will allow them to train for more responsibility in their existing jobs. Still others are career changers looking for a totally new field, breaking away from their previous career fields.

With the state of the economy, more students are turning to graduate study as a means to earn new skills, and brush up on old ones. Many are finding that the new reality means that they have to change the way they think about the world of work. When it comes to graduate study, students can be prepared for college admission by studying for standardized tests, taking an online GMAT prep. The possibilities are endless.

Top 10 MBA Programs in the World

The Financial Times ranks the top MBA programs in the world each year. Many of these top schools are located in the United States, while others on the list are located in the United Kingdom, France, Singapore and China. For students looking for an international experience, there are many excellent options located all over the world.

1. The London Business School ranks as the world’s top MBA program. Tuition for the London Business School is 49,900 British pounds sterling or approximately $78,850 US dollars. This tuition is for the entire 15-21 month program and includes reading materials.

2. The University of Pennsylvania’s Wharton Business School ranked second on the Financial Times list of top MBA programs. The MBA program costs $46,600 per year.

3. Harvard Business School at Harvard University in Massachusetts costs $46,150 per year.

4. Stanford University’s Graduate School of Business in California also ranks as one of the best MBA programs in the world and costs $51,321 per year.

5. Instead, sometimes called The Business School of the World, has one campus in Fontainebleau, France, and another campus in Singapore. The MBA program costs 52,000 euros, approximately 68,800 US dollars.

6. Columbia University’s Columbia Business School in New York costs $49,728 per year.

7. IE Business School in Spain costs 53 200 euros, approximately 70,380 US dollars.

8. Massachusetts Institute of Technology’s (MIT) Sloan School of Management costs $48,650 per year.

9. The University of Chicago’s Booth School of Business costs $49,020 per year.

10. Hong Kong UST Business School in China ranks as the tenth best MBA program in the world and costs $53,900.

To prepare for applying to graduate programs, check out a popular, online GMAT course.


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