March 19 – About one in four business school graduates in India find jobs in America, second only to China, which sends 38 per cent of its alumni to the US, according to a new survey.
While 64 per cent of Indian business graduates stay in their home country, 23 per cent go the US and two per cent to Canada.
In the case of China, 48 per cent stay home, while eight per cent prefer Hong Kong as their second job destination after the US.
The Alumni Perspectives Survey by the Graduate Management Admission Council (GMAC), which administers the worldwide Graduate Management Admissions Test (GMAT), is based on a poll of 20,704 alumni from 129 nations, including 984 from India.
After India, Mexico (18 per cent) sent the most business graduates to the US followed by Japan (16 per cent), Germany (15 per cent), Canada (15 per cent), and Australia (4 per cent).
As for the US, 97 per cent of its business school graduates find jobs at home with only 3 per cent going abroad.
In terms of salary, business school graduates in India get the lowest starting annual salary of $11,223 while those in Canada get the highest at $75,000.
US comes next with $57,000 followed by France at $52,991, Spain at $29,553 and China with $16,413.
Globally, 13 percent of alumni work outside their country of citizenship, a figure that varies widely by world region, from just three percent of US citizens to 37 per cent of Central Asian and Middle East/African citizens.
-India Today
