As I'm less than three months from starting an MBA program designed to foster international relationships, I don't know what to make of this:
[F]oreign (or, more euphemistically, "international") students are thinking twice about handing over their hard-earned and recession-hit cash for an education at a prestigious Western hall of academe.
... Big private business schools in America, already hit by the much lower valuations of their endowment funds, seem likely to take the biggest hit. The American-based Graduate Management Admissions Council (GMAC), a regular surveyor of MBA graduates and recruiters, presciently noted in its 2008 Global MBA Graduate Survey that "graduates who attended full-time MBA programmes outside their country of citizenship rated overall value lower compared with graduates who attended similar programmes in their home country".
... Three factors are likely to weigh heavily on international students’ willingness to travel abroad to study: financing their studies, fears about the jobs market and the availability or otherwise of good business schools in their home country.
I'm very interested to see the composition of my CCMBA class. So far, to judge by the 25 or so of us who have submitted biographies to the class portal, about 2/3 of us are from the U.S., 1/3 from the rest of the world.
The article mentions, as a tangent, that the U.K. Border Agency maintains a list of the top 50 MBA programs worldwide. Fuqua is on the list, which means Fuqua graduates can get a working visa from Britain under the Highly Skilled Workers scheme nearly automatically.