Business Schools of Asia Pacific - G7

BUSINESS SCHOOLs of ASIA-PACIFIC
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--A Statistical Analysis by
Abhilasha Bhatt Subha Mookherjee Suchi Subhra Datta Swarup Krishna U
Asia-Pacific Business School Analysis
8/21/12
Case Description
A Survey has been conducted regarding the higher education in MBA in the Asian region. Here are some findings after the survey:
The no of applicants for MBA courses
at Asia-Pacific Schools continues to increase about 30% a year.

In 1997, the 74 business schools in
the Asia Pacific region reported a record of 170,000 applicants for the Asia-Pacific Business Asia-Pacific Business School AnalysisSchool 8/21/12
Analysis
22
Objectives of the Case Study

1. Comments/Interpretations on the
variables and resulting insights on the Asia-pacific business schools.

1. Summarization of data to compare
a. Local and Foreign tuition costs. b. Mean starting salaries and work-
experience
c. Starting salaries and English tests

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Business School Melbourne Business School University of New South Wales (Sydney) Indian Institute of Management (Ahmedabad) Chinese University of Hong Kong International University of Japan (Niigata) Asian Institute of Management (Manila) Indian Institute of Management (Bangalore) National University of Singapore Indian Institute of Management (Calcutta) Australian National University (Canberra) Nanyang Technological University (Singapore) University of Queensland (Brisbane) Hong Kong University of Science and Technology Macquarie Graduate School of Management (Sydney) Chulalongkorn University (Bangkok) Monash Mt. Eliza Business School (Melbourne) Asian Institute of Management (Bangkok) University of Adelaide Massey University (Palmerston North, New Zealand) Royal Melbourne Institute of Technology Business Graduate School Jamnalal Bajaj Institute of Management Studies (Bombay) Curtin Institute of Technology (Perth) Lahore University of Management Sciences Universiti Sains Malaysia (Penang) De La Salle University (Manila)
Students Local Full-Time per Tuition Enrollment Faculty ($) 200 228 392 90 126 389 380 147 463 42 50 138 60 12 200 350 300 20 30 5 4 5 5 4 5 5 6 8 2 5 17 2 8 7 13 10 19 15 24,420 19,993 4,300 11,140 33,060 7,562 3,935 6,146 2,880 20,300 8,500 16,000 11,513 17,172 17,355 16,200 18,200 16,426 13,106
Foreign Tuitiion ($) 29,600 32,582 4,300 11,140 33,060 9,000 16,000 7,170 16,000 20,300 8,500 22,800 11,513 19,778 17,355 22,500 18,200 23,100 21,625
Age 28 29 22 29 28 25 23 29 23 30 32 32 26 34 25 30 29 30 37
%Foreign 47 28 0 10 60 50 1 51 0 80 20 26 37 27 6 30 90 10 35
GMAT Yes Yes No Yes Yes Yes Yes Yes No Yes Yes No Yes No Yes Yes No No No
English Work Starting Test Experience Salary ($) No No No No Yes No No Yes No Yes No No No No No Yes Yes No Yes Yes Yes No No No Yes No Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes 71,400 65,200 7,100 31,000 87,000 22,800 7,500 43,300 7,400 46,600 49,300 49,600 34,000 60,100 17,600 52,500 25,000 66,000 41,400
30 240 98 70
7 9 15 14
13,880 1,000 9,475 11,250
17,765 1,000 19,097 26,300 2,260 3,600
32 24 29 23 32 28
30 0 43 2.5
No No Yes No
Yes No No No Yes No
Yes Yes Yes No Yes Yes
48,900 7,000 55,000 7,500 16,000 4
30 5 2,260 Asia-Pacific Business School Analysis 44 17 3,300
15 No 8/21/12 3.5 Yes
13,100
No of Students
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Full-Time Enrollment
8/21/12
Summary of Full-Time Enrollment
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Interpretation of Full-Time Enrollment

Full-time enrollment varies
considerably.
The Indian Institute of Management
Calcutta (463) and the Macquaire Graduate School of Management in Sydney (12) provide the extremes.
The mean full-time enrollment is 164
students.
Asia-Pacific Business School Analysis 8/21/12 8
Students/Faculty & No. of Faculty
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Interpretation of Students/faculty
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10
Local & Foreign Tuition
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11
Difference between Local & Foreign Tuition
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12
Local & Foreign Tuition
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13
Foreign Tuition($) and Local tuition($)
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14
Difference between Local & Foreign Tuition
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15
Interpretation
As expected, the mean tuition is
greater for foreign students. The mean difference is $17,215 - $ 13,170 = $4,045 per year.
The difference between local and
foreign tuition fees is maximum for Lahore University of Management Studies.

Age
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17
Age
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18
Interpretation on Age
Most of the students are in the age-
group of 25-30.
The mean age is 28.69 years and
median age is 29. This indicates a substantial number of older students are in the programs.
We can also say from the age-group
that more than fifty percent of the Asia-Pacific students must be having work8/21/12 MBA Business School Analysis
19
% of Foreign Students
The mean percentage of foreign
students is 28%, with four schools having 1% or 0% foreign students.

Schools with a high percentage of
foreign students include Australian National University (80%) and Asian Institute of Management in Bangkok (90%).
GMA T Percentage distribution of Business Schools requiring GMAT

Percentage distribution of B-Schools requiring GMAT
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21
GMAT YES NO
Local Tuition ($) 13,779 10,589
Foreign Tuition ($) 17,244 15,739
Starting Salary ($) 42,593 30,545
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22
Work Experience
Percentage distribution of Business Schools Requiring Work Experienc
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23
Work Local Foreign Experience Tuition ($) Tuitiion ($) NO 11,094 17,800 YES 12,779 16,197
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24
English Tests
Percentage distribution of Business Schools requiring English Test
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25
Foreign English Test Local Tuition ($) Tuitiion ($) NO 10,954 15,980 YES 15,394 17,860
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26
Interpretation : GMAT, Workex and English Tests

About half of the schools (56%)
require the GMAT test for admission to the school.

Work experience appears to be an
important factor in gaining admission to Asia-Pacific business schools, with 76% requiring work experience. This Asia-Pacific Business School Analysis 8/21/12 is consistent with item where the
27
Starting Salaries
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28
Interpretation : Starting Salaries

The mean starting salary is $37,292
and the median starting salary is $41,400.

Starting salary ranges from only
$7,000 for four schools to a high of $87,000 at the International University of Japan.
Salaries w.r.t. workexperience
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30
Interpretation : Work Experience and Salaries

The mean starting salary is greater
for schools that require work experience.

This appears reasonable with mean of
$37,247 for the 19 schools requiring work experience and $21,071 for the 7 schools not requiring work Asia-Pacific Business School Analysis 8/21/12 experience.
31
Local Tuition ($)
Foreign Tuitiion ($)
Age
Starting Salary($)
Mean Media n
12,375 11,513
16,582 17,765
28
37,292 41,400
(Hong Kong University (Royal Melbourne Institute of Science and of Technology Business Technology) Graduate School)
29
(Massey University, Palmerston North, New Zealand)
Min
(Jamnalal Bajaj Institute (Jamnalal Bajaj Institute of of Management Studies, Management Studies, Bombay) Bombay)
1,000
1,000
(Indian Institute of Management Ahmedabad)
22
(Jamnalal Bajaj Institute of Management Studies, Bombay)
7,000
Max
Massey University, (International University (International University of (International University of Palmerston North, New of Japan, Niigata) Japan, Niigata) Japan, Niigata) Zealand)
33,060
33,060
37
87,000
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32
Business School
Full-Time Local Enrollme Tuition nt ($)
Foreign Starting Average Salary / Tuitiion Salary Wt Fee Tuition ($) ($) ($) Fee
International University of Japan (Niigata) Melbourne Business School University of New South Wales (Sydney) Australian National University (Canberra) Asian Institute of Management (Bangkok) Monash Mt. Eliza Business School (Melbourne) Macquarie Graduate School of Management (Sydney) University of Queensland (Brisbane) Chulalongkorn University (Bangkok)
126 200 228 42 300 350 12 138 200
33,060 24,420 19,993 20,300 18,200 16,200 17,172 16,000 17,355
33,060 29,600 32,582 20,300 18,200 22,500 19,778 22,800 17,355
87,000 71,400 65,200 46,600 25,000 52,500 60,100 49,600 17,600
33,060 26,855 23,518 20,300 18,200 18,090 17,876 17,768 17,355
3 3 3 2 1 3 3 3 1
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Salary and Fee
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Return on Investment
Business School
Jamnalal Bajaj Institute of Management Studies (Bombay) Universiti Sains Malaysia (Penang) Indian Institute of Management (Calcutta) 12 La Salle University (Manila) De Indian Institute of Management (Bangalore) Indian Institute of Management (Ahmedabad) 10 Full-Time Local Foreign Starting Average Wt Salary / %Foreign Enrollment Tuition ($) Tuitiion ($) Salary ($) Fee ($) Tuition Fee 240 30 463 44 380 392 1,000 2,260 2,880 3,300 3,935 4,300 1,000 2,260 16,000 3,600 16,000 4,300 0 0 0 0 0 0 7,000 16,000 7,400 13,100 7,500 7,100 1,000 2,260 2,880 12 3,311 4,056 4,300 10 7 7 3 4 2 2
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Return of Investment for Local Students
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36
Return of Investment for Local Students
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37
Return of Investment for Foreign Students
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38
Return of Investment for Foreign Students
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39
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Asia-Pacific Business School Analysis 8/21/12

Business Schools of Asia Pacific - G7

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BUSINESS SCHOOLs of ASIA-PACIFIC

Click to edit Master subtitle style

Abhilasha Bhatt Subha Mookherjee Suchi Subhra Datta Swarup Krishna U

Asia-Pacific Business School Analysis

at Asia-Pacific Schools continues to increase about 30% a year.

Objectives of the Case Study

variables and resulting insights on the Asia-pacific business schools.

c. Starting salaries and English tests

13,880 1,000 9,475 11,250

17,765 1,000 19,097 26,300 2,260 3,600

Yes Yes Yes No Yes Yes

48,900 7,000 55,000 7,500 16,000 4

30 5 2,260 Asia-Pacific Business School Analysis 44 17 3,300

15 No 8/21/12 3.5 Yes

Asia-Pacific Business School Analysis

Asia-Pacific Business School Analysis

Summary of Full-Time Enrollment

Asia-Pacific Business School Analysis

Interpretation of Full-Time Enrollment

Students/Faculty & No. of Faculty

Asia-Pacific Business School Analysis

Asia-Pacific Business School Analysis

Local & Foreign Tuition

Asia-Pacific Business School Analysis

Difference between Local & Foreign Tuition

Asia-Pacific Business School Analysis

Local & Foreign Tuition

Asia-Pacific Business School Analysis

Foreign Tuition($) and Local tuition($)

Asia-Pacific Business School Analysis

Difference between Local & Foreign Tuition

Asia-Pacific Business School Analysis

foreign tuition fees is maximum for Lahore University of Management Studies.

Asia-Pacific Business School Analysis

Asia-Pacific Business School Analysis

students is 28%, with four schools having 1% or 0% foreign students.

GMA T Percentage distribution of Business Schools requiring GMAT

Asia-Pacific Business School Analysis

Local Tuition ($) 13,779 10,589

Foreign Tuition ($) 17,244 15,739

Starting Salary ($) 42,593 30,545

Asia-Pacific Business School Analysis

Percentage distribution of Business Schools Requiring Work Experienc

Asia-Pacific Business School Analysis

Starting Salary ($) 24,583 41,305

Asia-Pacific Business School Analysis

Asia-Pacific Business School Analysis

Starting Salary ($) 33,624 45,088

Asia-Pacific Business School Analysis

Interpretation : GMAT, Workex and English Tests

require the GMAT test for admission to the school.

Asia-Pacific Business School Analysis

Interpretation : Starting Salaries

and the median starting salary is $41,400.

Salaries w.r.t. workexperience

Asia-Pacific Business School Analysis

Interpretation : Work Experience and Salaries

for schools that require work experience.

Local Tuition ($)

Foreign Tuitiion ($)

(Massey University, Palmerston North, New Zealand)

(Indian Institute of Management Ahmedabad)