The MBA Programs with which could boast of the highest number of alumni who are most satisfied with the skills they picked up in their Alma matter was recently the subject of a study by Forbes. Graduates of the year 2010 were considered, a distressing period of time for job seekers in the wake of the Global Recession fallout.
In spite of the less than bright career prospects, at least in the short run, MBA graduates from the elite schools were hardly affected by it. As a matter of fact most of the graduates earned as much as their investment in the business school on an average of four years. In the calculations of the study not only the tuition fees but the two years of lost salary was considered by them. Continue reading –>
In a recently released educational survey conducted annually England stood at pole position as far as average tuition fees for undergraduate studies are concerned in the world of industrialized nations,though the Return on Investment or the ROI remains high due to the higher wages for graduates.
On an average, British undergraduate students had to shell out approximately £6,000 annually as tuition fees in the academic session of 2013-2014 after it was decided by the government to higher the upper ceiling of tuition fees by as much as three times, the survey conducted by OECD, an abbreviation for “Organisation for Economic Co-operation and Development” revealed .The US was the next most expensive place to study for under-graduates having £5,300 as tuition fees. In Japan it costs around £3,300 for doing the same according to OECD which is based in Paris and is comprised of 34 countries many of which may be considered to be prosperous.
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The Australian Coalition government is unlikely to be able to resolve the deadlock over the higher education package with the move of cuts in funding and deregulation of fees stalled for by a year at least.
The New Education Minister
The newly appointed education minister Simon Birmingham conceded that start date for the new policies as 2016 January was not achievable. Birmingham also confessed that there is need for institutions and students alike to have certainty over the education path charted by the country and as such all future reforms and their legislation will not start till 2017 at the earliest.
He also announced at a summit for education at the prestigious University of Melbourne that the arrangements for funding of higher education will remain unchanged as of 2016 while the government makes further consultations on future reforms. He advised institutions for higher education and students to plan on the basis of current arrangements for 2016 as the financial intricacies will remain basically unchanged, duly indexed for inflation.
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