Tuesday, February 7, 2017

Trump Presidency May Drive MBA Students to Europe

Business schools in the UK and Canada have begun targeting potential students who may find the U.S. less attractive following Donald Trump’s election victory.

Many top-ranking business schools in the US charge more than $120,000 for a full-time MBA, making cost already an impediment to less wealthy EU students. UK schools have traditionally been popular with international students, and some say the election result offers British institutions the chance to attract more of those students.

Professor Nelson Phillips, acting dean of Imperial College Business School, says Mr Trump’s victory presents a “huge opportunity” for UK business schools to recruit more students from Saudi Arabia and neighboring states.

In Canada, some business schools believe the new political climate will convince some US citizens pursuing MBAs to study outside of their homeland.

“The Trump election is going to create more opportunities,” says Dezsö Horváth, dean of Toronto’s Schulich School of Business, part of the city’s York University. “We need to see how that translates but we have plans now to recruit more extensively in the US. I think other schools and universities in Canada will do the same. They will see this as an opportunity to capitalise on the US market.”

But David Schmittlein, dean of MIT Sloan School of Management in Cambridge, Massachusetts, is confident that it will continue to be able to attract the best students. The US institution would “expend energy” to make sure that it was seen as an attractive place to study, Mr Schmittlein says.

“Other schools of management around the world are always trying to put their best foot forward and you know, God bless them.”

For more information, please see the FT

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