Immigration and business schools: The Trump effect
UNLIKE many of Americaâs prominent business executives   Donald Trump  gained  his  acumen on the streets of New York rather than in an MBA classroom (though  he  did attend an undergraduate programme at Wharton). But two recent surveys suggest that  Mr Trump  is having an effect on Americaâs business schools nonetheless.
The  Trump  administration plans to tighten the rules around H-1B visasâwhich are awarded to foreigners looking to work in the United Statesâfollowing up on a campaign pledge to support âAmerica firstâ. This financial year 65 000 such visas will handed out (plus 20 000 specifically for people who hold a Master's degree). But last year more than 230 000 people applied  and quotas were filled within days.
The MBACSEAâs findings support those of an earlier survey  carried out by the Graduate Management Admissions Council (GMAC)  the body which administers the GMAT test. GMAC asked applicants to business schools whether the outcome of the presidential election had swayed their decision to pursue a graduate business degree at an American business school. Overall  37% said  Mr Trump's  election made them less likely to apply; more than half of applicants with a GMAT score higher than 700 said they had been dissuaded.
The findings are bad news for American employers and business school alike. The MBA is a global phenomenon; students can now choose between high-quality schools on nearly every continent. And anything that dissuades foreigners will affect the quality of the education. The benefits of diverse classrooms are well established: students learn business practices from different perspectives  and become more rounded candidates simply by spending time with a varied cohort. Many schools will be hoping that the  Trump  effect is short-lived.
UNLIKE many of Americaâs prominent business executives    [TGT] gained   [TGT]   acumen on the streets of New York rather than in an MBA classroom (though   [TGT]   did attend an undergraduate programme at Wharton). But two recent surveys suggest that  Mr Trump  is having an effect on Americaâs business schools nonetheless.
The  Trump  administration plans to tighten the rules around H-1B visasâwhich are awarded to foreigners looking to work in the United Statesâfollowing up on a campaign pledge to support âAmerica firstâ. This financial year 65 000 such visas will handed out (plus 20 000 specifically for people who hold a Master's degree). But last year more than 230 000 people applied  and quotas were filled within days.
The MBACSEAâs findings support those of an earlier survey  carried out by the Graduate Management Admissions Council (GMAC)  the body which administers the GMAT test. GMAC asked applicants to business schools whether the outcome of the presidential election had swayed their decision to pursue a graduate business degree at an American business school. Overall  37% said   [TGT] election made them less likely to apply; more than half of applicants with a GMAT score higher than 700 said they had been dissuaded.
The findings are bad news for American employers and business school alike. The MBA is a global phenomenon; students can now choose between high-quality schools on nearly every continent. And anything that dissuades foreigners will affect the quality of the education. The benefits of diverse classrooms are well established: students learn business practices from different perspectives  and become more rounded candidates simply by spending time with a varied cohort. Many schools will be hoping that the   [TGT] effect is short-lived.