Main reasons to apply to an MBA or other graduate business program worldwide 2022

Published by
Veera Korhonen,
Jul 5, 2024
According to a survey conducted in 2022, the top motivator for prospective students to pursue an MBA program or other graduate business school program was to enrich their lives and develop their potential, with 79 percent of prospective graduate business students sharing this belief.

Share of prospective students who have various main reasons for pursuing an MBA or other graduate business program worldwide in 2022

CharacteristicShare of respondents
Enrich life and develop potential 79%
Increase income 64%
Gain business knowledge 61%
Enhance network 60%
Build wealth 58%
Industry job/function change 56%
Support family 34%
Increase geographic mobility 34%
Gain promotion 23%
Secure current job 13%
Showing entries 1 to 10 (10 entries in total)
Created with Highcharts 7.2.2Share of respondents79%79%64%64%61%61%60%60%58%58%56%56%34%34%34%34%23%23%13%13%Enrich life and develop potentialIncrease incomeGain business knowledgeEnhance networkBuild wealthIndustry job/function changeSupport familyIncrease geographic mobilityGain promotionSecure current job
0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%85%90%

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Source

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Release date

April 2023

Region

United States

Survey time period

2022

Number of respondents

2,710 respondents

Method of interview

Online survey

Supplementary notes

The source does not state the age of survey participants or the exact dates when the survey was conducted.

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