“It’s difficult for companies to hire internationals so we have seen a slow moving train of companies that are not long willing to go through that process and that has had a cumulative effect. “Outbound issues hve been perculating for many years,” he says. ‘OUTBOUND’ & ‘INBOUND’ ISSUES HAVE BECOME A ‘TWO-SIDED THREAT TO STUDENTS COMING TO THE U.S.’ He attributes the fall off at his school and other peer institutions to two major concerns, one a long simmering issue over H1b visas and one that is relatively new and related to the feelings that prompt the question about safety he keeps getting on his overseas trips. My fear is tht we won’t be able to draw the best and brightest and help companies innovate and create value.”īoulding says Fuqua’s recent 6.2% decline in applications to its full-time MBA program was largely driven by a drop in international applicants. Business school have the responsibility for producing talent for sustainable economic activity. Erecting barriers to student mobility has severe consequences for the economy. With the rise of nationalism, we need to make sure students can go to business school wherever they want. “Secondly, we need to be able to maintain student mobility. If they perceive business as evil, the talent pipeline will dry up. People want meaning and purpose in their lives. We need to think proactively about our collective reputation. We have an obligation to show that business can be a force for good in the world. Business continues to be attacked from all sides in all corners of the world. “One, wherever you go in the world, there is a steady drip of bad news about business. Story continues ‘MY FEAR IS THAT WE WON’T BE ABLE TO DRAW THE BEST AND BRIGHTEST’ “When you think about keeping the business school industry healthy, there are two things we need to pay attention to,” he says. business school applicant pools has become a major topic at gatherings of B-school deans.Īs the new chairman of the board of the Graduate Management Admission Council, Boulding says he is making it his mission to speak out on immigration policy because of its long-term impact on U.S. “Many schools got clobbered,” adds Boulding, who says the decline of internationals in U.S. are reporting substantial declines in MBA applications, largely as a result of fewer candidates from abroad. This year, many of the most highly selective business schools in the U.S. Student mobility has become a big issue.” If we are going to maintain our reputation for having the best business schools in the world, we have to be able to attract the best and brightest in the world. “You’ve seen growth in business schools outside the U.S., but the U.S. business schools,” says Boulding in an interview with Poets&Quants. “There’s no doubt that immigration policy is having a negative impact on U.S. ‘THERE’S NO DOUBT THAT IMMIGRATION POLICY IS HAVING A NEGATIVE IMPACT ON BUSINESS SCHOOLS’ a less desirable place to earn a degree (see MBA Applications Take A Shocking Plunge At Leading U.S. educators: the pipeline of international students is shrinking dramatically as anti-immigration rhetoric and uncertainly over work visas has made the U.S. Yet, behind the question is an increasingly important concern among U.S. “To hear that question is so opposite of the community we’ve worked so hard to build. Parents are asking him if their children would be safe on an American campus these days. But only in the past 12 months has he been hearing a disturbing, even hurtful, question. As dean of the Fuqua School of Business at Duke University, Bill Boulding has been going back-and-forth to India twice annually for the past eight years.
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