The Chronicle of Higher Education, a publication focused on the world of post-secondary education and educators, recently (November 22, 2009) ran an article [Foreign Demand Drops for American M.B.A.'s, Study Finds] highlighting a reduction in the number of non-U.S. applicants to U.S. M.B.A. programs.
Read the article at: http://chronicle.com/article/Foreign-Demand-Drops-for-Am/49215/
WARNING!!! To access this article, you will need to do so from the UCF network. Why? UCF pays for a subscription that only gets authenticated via the network. If you attempt to access the article from somewhere other than UCF, you'll be asked to subscribe (which wouldn't be a bad thing but is not necessary for the sake of this assignment).
In the comments section, provide answers to the following questions.
1) In what way(s) does this information support or refute Pink's vision of the future?
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
Deadline to comment is Thursday, 12/10/2009, 11:59am
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I suppose one could argue that the article supports Pink’s reasons for mentioning “Asia” as one of the driving forces behind a decrease in left directed thinking American jobs, but I feel this argument would be somewhat weak. The article is not about an increase in foreign M.B.A. applicants. Its focus is the drop in international applications for U.S. M.B.A. programs. So I see no solid relationship between Pink’s argument and the article.
ReplyDeleteThe reduction of foreign application is not a product of current economic conditions or symptomatic of a trend alone. It is not an either/or scenario. The reduction is a result of both and the article clearly demonstrates that. I offer the following in support of economic conditions being cited as a cause for a decline, “Foreign students, who previously flocked to the United States, may be
discouraged by the poor economy, weaker job prospects, and restrictions
on work visas this year.” The article goes on to say, “The "patriotism and chauvinism" of some American politicians "are making it harder to come to this country to study," said David A.
Wilson, president and chief executive of the Graduate Management
Admission Council. "People are saying, Why bother?” As such attitudes are not only ingrained in the American psyche but also applauded by its population I think it is safe to say that the decline is a trend which will continue well into the future.
Depending on how you look at the reduction it could be good or bad. Good because less competition means better chances for U.S. applicants. The decline is bad because it robs students of cultural diversity which results in a homogeneous cultural environment.
Dec/6/09
ReplyDelete1) In what way(s) does this information support or refute Pink's vision of the future?
I think it supports pinks vision of the future. Pink talked about different time frames being different types of people/minds/workers. First it was agricultural, factory, city etc.. This article is saying that Education is still being achieved just in lower numbers in the US. This doesn’t stop the creative mind just because its not a US citizen. “ Still, about 80 percent of all graduate business students, both American and foreign, attend programs in the United States. Just over half of those students are American. So education is still being achieved.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I believe that it is based on the economic situation that we are trapped in right now. It is discouraging people in the US to go back, or even further their schooling. Also I think it has to do with the US taking education for granted. There are students in other countries that cant wait to get to school and consider education as a privilege.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
This is good for US students that are trying to get into an M.B.A program. There is a cut off at every school where they accept a specific amount of people. It is the law that a college has to accept a specific amount of a race of people. If less Americans are applying to get in, and I do, it’s a better chance of me getting in. I think one of the reasons it is declining is because the economy, which goes into question 2.
-Mike Grasso
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteThis information supports pinks vision in that pink has talked about how other countries are gaining the ability to do things that used to only be done in the United States and this is furthering his vision of the fact that you need to learn more than just a trade now in the United States to be able to work successfully because there are people in other countries gaining the same ability and they are able to do it for cheaper. Not that this was what the article said be it can in various ways support that vision.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I believe that it is based on the current economic conditions but that it is a trend of it.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
It is good for the US applicants as far as getting accepted into the programs but it is not good for the student as far as the standings of the school on a global scale.
1) This information supports Pink’s vision of the future in that people are discontinuing going to school in America, and therefore are branching out in other areas providing America with less jobs. Competition in America is very stiff, and with more people going to schools in other countries, the competition overseas will get even stiffer.
ReplyDelete2) I believe both, that this reduction is based on current economic conditions and is symptomatic of a trend. I believe a trend like this happens every so often, as do economic rises and downfalls. It makes sense that people would want to go to other countries to start their careers because of the economy in America, so I think both go hand in hand.
3) I actually believe the reduction in non-U.S. applicants is good for U.S. applicants because the competition will begin to go down. Just as the competition was too high before, and it caused people to want to go to school in their home countries, them doing so will lessen the competition for the time being and make it easier for American applicants to get in. But, once that happens foreign students will want to join again and it will continue to circuit.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteWithout reading the article, this clearly supports Pink's claim that a shift is happening. Each sufficiently industrialized country will come to the conclusion of thinking intelligently about its natural resources and not seeking to duplicate what the U.S.A. has. The hundreds of ethinic groups form the nations as we know them, and as Pink says in his book, "A CHANGE of such magnitude is complex" (2). It will, however, not got completely unnoticed.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I find it symptomatic of a trend. The proper term would be "reverse brain drain," in that instead of sending students here to be educated in how our businesses "use" to do things, they are looking for knowledge beyond the information age. In any competition, you don't look where your opponent is or has been but where they are headed.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I lean towards it being a bad thing. If the needs of businesses are truly finding "it's no longer enough to create a product that's reasonably priced and adequately functional," (Pink 33) the new applicants need to better understand themselves and the future needs of businesses before setting their sights on an M.B.A.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteIn one way Pink was saying that MBA’s were becoming less important because of the transition to Creative-Based Careers (i.e., IDS). On the other hand, Asia has been picking up the technical slack to enable us to evolve to this conceptual trend.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I do believe this reduction is based on supply and demand (abundance increases, outsourcing technology & MBA jobs) which changed geographical job and educational opportunities. This trend helped restructure global supply and demand (jobs & education) accordingly.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I feel the reduction is better and helps U.S. in a smarter way…so—the U.S. can educate its own MBA students and reinvest in our own economy (MBA’s) on that basic precept. We need to strengthen our own infrastructure (including MBA & financial) first—before spreading ourselves thin globally. After the U.S. digs itself out of 2 wars and rebuilds its economy and infrastructure, paying back China—then the U.S. can invest globally on a larger scale.
I think helping out globally is very noble, but the U.S. needs to be practical and take care of its own social/financial/military problems/debts. MBA education in the U.S. and reinvestment of these MBA’s back into our infrastructure is the more practical R.O.I. Pink has some great ideas, but it needs to be adapted into the context of what’s happening real-time in U.S.
Lisa
I suppose that the information in this article would support some of Dan Pink’s visions for the future in that Asia is continuing to have a profound influence over what has traditionally been an American dominated culture. Why would or should a foreign student yearning to earn a MBA decide to travel to America, when they could receive a equivalent education closer to home most likely for a much cheaper expense. For me the only benefit a student would have in coming to America for their education when a comparable one is available elsewhere is to learn and enjoy our culture.
ReplyDeleteI believe that this shift is probably a combination of the two, but is more likely due to a symptomatic trend. The USA for many years was “ahead” of many other countries, however many of those countries are catching up and even surpassing us at an amazing rate. There are many factors that I believe have contributed to this, one of which is that America is increasingly becoming lazy, and complacent. Many people in America don’t truly know how bad things could be for them, and for this reason they don’t see a need to try to better their situation. Many people in other countries have had to live without what many of us in America would consider to be basic amenities, therefore these individuals feel an amazing drive to become more than what they are.
I believe that it could either be good or bad for Americans. One way that this could be good for an American is if they took this as an incentive to better their position and knowledge. If they see that they might be edged out by a competitor from another country might hit a sore spot and provide that extra incentive to achieve greatness. A way that this could potentially be a bad thing for U.S. applicants is because they have become lazy and complacent. If they don’t put in the extra effort and hard work to shine above the rest, they will be lost in the shadow of a better, more qualified applicant.
1) In what way(s) does this information support or refute Pink's vision of the future? It somewhat supports Pink’s vision of the future in an era of abundance. We, as a world, are becoming more level in the playing field, so to say, and now just graduating from an American institution is no longer sufficient. You need to differentiate yourself from the qualified graduates coming from all around the world.
ReplyDelete2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so? It is both based on current economic conditions and symptomatic of a trend. The former because it makes more sense to stay home when the economy is bad, and there is even a weak forecast for jobs. Also, schools around the world are reaching U.S. level quality, so there really is no incentive to come to the U.S.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain. At first glance, it seems like it would be greatly beneficial for U.S. applicants because they would have a higher likelihood of actually getting in the program of their choice, but I think also that there might be a downside as well. In this increasingly global workplace, you need to have connections all over the world, and if the non-U.S. students are not around, it would appear that the U.S. students would have a disadvantage in making those connections because they simply are not there.
Pink talked about Asia and an increase in education. Just because the amount of people enrolling in programs in the US decreases does not mean there are less people getting an education. There was a record high for the number of entrance exams taken and a majority of them are from foreign countries.
ReplyDeletePeople are seeking programs outside the US for several reasons which are stated within the article. Many foreign programs are becoming more structured and developed making them more desirable. It was also stated that they are often more economical and quicker than comparative US programs so it is no wonder why people would turn to these options.
I would think that a reduction in non US applicants would be good for American students. Less applicants means less competition which would tend to make it easier to be accepted to a program.
1) It obviously supports his book. The world is changing and the rest of the world realizes that it doesn't have to rely on America, it can do it's own thing. We are not respected as a nation as we once were and that article is reflecting that sentiment.
ReplyDelete2) I believe it is a trend and part of our economy. We just aren't placed on that pedestal that we once were. Our government, whether good or bad, is trying to make us level with all the other countries. In some ways it brings us up to them, in others it is bringing us down. These types of changes are going to keep occuring as we "level out the playing field" whether the American public wants to level the field or not.
3) It's better for US applicants because now there are more slots. It's bad overall if people are now entering the program only because we've shut out better applicants. I think the best applicants should be taken no matter where they are. That's what makes programs great: the end graduate. However, it may be giving someone a chance that could do very well if the spot hadn't been taken. I want Americans to do well, I just want them to earn it. I want other countries and other students to do well, I just want THEM to earn it as well.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteThe information supports how PINK thinks for the future in which we realize how important it is to be educated and have allot of knowledge it whatever it is that we are going to do. Pink really expresses how people in other countries excluding the United States are gaining so much knowledge these days and are starting to take over our jobs. These people are not use to making allot of money so they are starting to come to our country and provide the same skills that we have but for less money. This means that we need to educate ourselves as much as possible if we want to keep our jobs rather then give them to people outside of our country.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I think that this is a trend that is happening in our economy today. As we all know our economy is doing terrible now and has been for a couple years now. people from other countries are coming in and working for less money. employers are looking for these people so that they can eliminate some of the money that they are paying us. This gives them the opportunity to make more money but it also hurts us as a whole. I think this will change once our economy gets better
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I think its good for the economy to bring people in from other countries because the amount of cash being paid will be allot less in most cases. I think its terrible for the people who are U.S. citizens because some of them are being replaced by others from another country. I feel like having a great degree should be what makes or breaks the job being pursued.
1)This information supports how Pink thinks and invision the future. Like pink the article discusses the influx of foreign students and the evening of the playing field. Indirectly this article is hinting at the importance of creative based work and how it will affect us.
ReplyDelete2)I believe the trend is definitely part of our economy. We are finally seeing the leveling out of the education field as globally as well as locally more students are successfully completing their education.
3)I have mixed emotions on this because it really depends on the schools. Are they going to put limits on the number of foreign students they accept? If so then it definitely benefits American students because there are more available slots, but if not then its a competetive slotting system and nobody benefits because in theory the same amount of students will still be admitted.
1)The information provided by the article relates to Pink’s vision of the future in terms of the exponential development of many countries within the last couple of decades. As economic and social development take place across the globe, and as formerly inferior educational systems develop and come up to par, there is less need for education to be dominated by the United States.
ReplyDelete2)Despite current economic conditions, this reduction is probably more symptomatic of a trend. As I mentioned above, across the globe education systems are growing more refined, offering alternatives to an education in the United States.
3)I see this as more than a good/bad for U.S. students, because it has a multi-dimensional effect. First, a reduction in non-U.S. Applications means that there is more competition between U.S. students. However, fewer non-U.S. students means a potential decrease in the diversity at universities across the nation.
I feel like it does support Pinks argument about getting a cheaper and quicker education someplace else which then lower the demands for the over the top and tedious American education system.
ReplyDeleteI think it is a trend. Because the price is the only thing that is making people not come to America and also it is easier to get a visa for schooling for another country then it is in the US.
I think it is health because it allows more US students the ability to got a MBA, with little competition from outside it allows the US students to garner that degree easier.
Pinks vision of the future is in line with whats happening with the nations. Nations around the world are making the necessary changes to adapt to the ever altering environment and maximizing the output of their resources.
ReplyDeleteThe reduction is due to the symptomatic trend of being a reactive competitor in a field deprived of innovators.
You'd think it would benefit the U.S. applicants because they'd have a higher likelihood of actually getting their program of choice, but on the other hand this increasingly global workplace has you making connections all over the world, and if the foreign students are not around, it would appear that the American students would have difficulty in making those connections.
It is foolish to believe that we, the United States, would always dominate the world of business education. We definitely need to pay more attention to the growing trends in the world around us, especially in Asia. Let's not forget that our friends in China now own a large amount of our nation's debt. I mention this because we as a country need to step it up in terms of the quality of higher education if we want to remain "on top". Other major countries such as China are growing and if we rest on our laurels we will slowly loose our place at the top of the world food chain.
ReplyDeleteIt is a good thing that there is such growth in the business education enrollment as well as the improving of quality foreign programs. This should hopefully motivate the U.S. higher education institutions to improve as well as partner with the foreign institutions. Competition is always a good thing.
To me this is a trend that has been in place for longer than the our current "economic crisis". Let's remember also that this "economic crisis" was set into motion longer than we may think. Our world is getting smaller because we are becoming more and more global.
The information in the above Chronicle article supports Pink’s vision of the future because there is increasingly less world-wide dependence on the United States. The fact that Asia’s demand for business education grew 75-percent from 2005-2009 also reiterates Pink’s idea of average jobs going overseas.
ReplyDeleteAlthough the poor economy has surely contributed to the reduction, I believe its root cause is related to what Pink considers: “a shift in thinking” –which indicates a new trend.
In the long-run, the reduction in foreign applicants will result in a positive outcome because the shift is more likely necessary. American’s applying for M.B.A programs at home will have an easier time getting in. However, the competition from overseas will eventually make its way to the United States. I believe the competition will give rise to more competent workers and eventually, more competent policy makers – SMART people running the country would GOOD thing.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteI think the article most definitely supports Pink's ideas of the American and European job markets.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I do believe it's a trend but I also think it may have something to do with the economic situation of our country. The United States, land of the free and home for your dreams, people are starting to question.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
Well I would say it's good for U.S. applicants because there's less competition, but is it better for our country?
In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteMany graduate students, whether from the United States or outside the country, are looking for more of a global business education. There is much more to this world than just what is available here in the United States and attending an institution in a foreign country may give the student a broader outlook on the global economy.
Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I believe both factors contribute to the reason. The current economic conditions may discourage foreign students from wanting to attend schools in the United States by having such a weak job market upon graduation. I believe that it is becoming more of a trend for students to seek higher education on a global level and not just within the boundaries of their home country.
Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I don’t believe it should matter one way or another. A potential students’ chance at acceptance into a program should be based on academic performance and not on ethnicity or residency. We need a more diverse blend of higher thinkers in this country with not only intellectual ideas but different backgrounds as well.
I feel this article somewhat supports Pink’s vision of the future of Asia and abundance. Students are seeking alternative routes to a great education because a good education at a well recognized college is becoming more available. It also supports the importance of a diverse and creative education.
ReplyDeleteI feel that the reduction is both an outcome of our current economic situation and also a trend. It is obvious the companies who really are hurting and need to hire work from other cheaper locations. But it also seems like an excuse for companies who have not felt the effects of the economy to pretend as if they do. Some companies are making severe cut backs and layoffs just because their competitors are doing so, and that too hurts the economy.
I feel that if less people are coming to get an education in the US there will also be fewer people looking for jobs in the US. Better for us! :)
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteThe information in the article support's Pink's vision in the sense that people are beginning to turn to sources outside of the country for education, similar to how companies in the US are outsourcing jobs to Asia and elsewhere because it is cheaper to get highly qualified people in these other countries.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I believe both have a great deal to do with it. Many people are afraid that staying in this country or coming to this country is a bad idea because of what is being said about the economic conditions. I also feel that the media has a great deal to do with it. I think everything follows a trend.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
This reduction could be both good and bad. Good in the sense that more American applicants have a chance of being accepted and bad in the sense that money that would be coming in from other countries may decline.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteI'll be honest, I don't see a strong connection between the information in this article and Pink's ideas. From what I recall, Pink focused more on the shift away from MBAs in general, not a change from American MBAs to foreign MBAs. If I read the article correctly, the number of applicants is still increasing, and they are still overwhelmingly coming to the US.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I think it could be a combination of these factors; there's less incentive right now to come to the US and compete to get into crowded programs. I think this trend will continue, however.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I think that, assuming these non-US applicants are going to foreign schools instead, this could be good for US applicants as far as trying to get into US MBA programs because there will be less competition. On the other hand, there will be more pressure on them to compete in the global market against graduates from foreign schools if more students are attending those.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteBased on this information, both Dan pink and this article analyze the nature of intelligence. Also, it is illustrated that taking classes that focus on human diversity and differences appeared to leave certain genders more likely to intend to study abroad and other learning strategies!
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
I do, for one... i feel more and more undergraduate students and higher degree seeking students are considering abroad studies and over the seas work. I do believe the reduction is based on the current economic conditions, and thats why there is more abroad seeking students. Howevere, i believe it's a little but of the symptomatic of a trend as well. For example, it's stated that many learning spaces are equipped with electronic smart boards that enable faculty to display powerPoint presentations, access web sites, and write information that the students can then download.So i believe it's a little bit of both.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain
I believe the U.S. should be allowed to have this experience! The article expressed and Pink's views seem to agree as well that students alternate semesters in the college and the workplace, taking structured training for credit toward a diploma or degree. Work experience, clinical placements, or on-the-job training are mandatory parts of the programs. I know from experience that taking classes that focus on human diversity and differences appeared to leave those more likely to intend to study abroad and then later teach.
2) 1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteI believe that this supports pinks vision due to the fact that our job market is changing. Because our traditional jobs are moving overseas, we need to use our brains in a new and creative manner to maintain our place in the world.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so?
It is most likely a combination of both. The trend that started before our recession is now supported by the recession.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain.
I believe it may work in the favor of the ones who do apply. The market is thinning. After awhile the economy will turn around and those in the position to lead will get their turn.
1) In what way(s) does this information support or refute Pink's vision of the future?
ReplyDeleteThe job market is constantly in flux, more and more corporations are looking for new and creative ways to bring their products to the consumers. This supports Pink's version of the
future where the abilities of the right brained are becoming more and more valued by the work place.
2) Do you believe this reduction is based on current economic conditions or symptomatic of a trend? How so? I think that the reduction based on current economic conditions created the trend towards right brained employees. Corporations are looking for people who will come up with creative solutions to the economic problems.
3) Is this reduction in non-U.S. applicants good or bad for U.S. applicants applying to U.S. M.B.A. programs? Explain. I think it is good, the more spots open for U.S. residents the more jobs that will be open for them.