With the global nature of business today, it is no surprise that business and management fields are the leading areas of study for international students pursing higher education in the United States. In January 2010, EducationUSA Connections editors discussed this historic time with Robert Bonner, Associate Dean of Graduate and Executive Programs, Villanova School of Business and Judy Phair, VP of Communications for the Graduate Management Admission Council(R) (GMAC(R)).
EdUSA: What aspects distinguish U.S. business education from business education in other parts of the world?
Associate Dean Bonner: Business education at both the undergraduate and graduate level in the U.S. has become more practical, applied and current, so that when students graduate they can immediately add value to the organizations they join and understand how to incorporate real-time economic changes into their business strategies.
EdUSA: In this tough job market, has the MBA held its value?
Vice President Phair: Although the global economic crisis has had an impact on MBA degree holders, overall they have fared remarkably well. The major reason is the value of the degree. Graduates say they are happy with the skills they gained at business school, and employers are still willing to pay a premium to hire them.
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