Blog

MBA News: Low Dollar Driving Applications?

In an article in today’s Financial Times, (“Falling Dollar Draws Students”) Rebecca Knight discusses the implications of a weakening dollar on MBA application volume.  Knight notes that as the dollar has depreciated against the Euro and Chinese Renminbi (not to forget the Canadian Dollar, Israeli Shekel and more), GMAC has seen a 21% rise in international test-takers. The FT cited Cornell as an example of a program that has seen a dramatic increase in international application volume – thirty one percent! While the story of surging application volumes is not “news” to most, candidates seem narrowly focused on the aspect of it that pertains to layoffs on Wall Street. Layoffs will certainly be a factor this year, but the weakening dollar and continued strength of emerging  markets, combined with a broader willingness to embrace younger applicants, should make this year a particularly competitive one.



onTrack by mbaMission

A first-of-its-kind, on-demand MBA application experience that delivers a personalized curriculum for you and leverages interactive tools to guide you through the entire MBA application process.

Get Started!


Upcoming Events


Upcoming Deadlines

  • Dartmouth Tuck (Round 1)
  • IESE (Round 1)
  • MIT Sloan (Round 1)
  • Carnegie Mellon Tepper (Round 1)
  • Duke Fuqua (Round 1)
  • Georgetown McDonough (Round 1)
  • Oxford Saïd (Round 2)
  • Penn State Smeal (Round 1)
  • UCLA Anderson (Round 1)
  • USC Marshall (Round 1)
  • UW Foster (Round 1)

Click here to see the complete deadlines


2024–2025 MBA Essay Tips

Click here for the 2023–2024 MBA Essay Tips


MBA Program Updates

Explore onTrack — mbaMission’s newest offering allowing you to learn at your own pace through video. Learn more