The term "global economy" may seem trite, but business schools are increasingly paying attention to its implications. As such, they're offering more opportunities to study abroad, and students are taking advantage.

Here's a bit from a BusinessWeek article:

In the past five years, demand for global study options has dramatically increased at most B-schools. [MIT's] Sloan's G-Lab program doubled in size from 60 in 2004, to 120 this year, while Northwestern University Kellogg School of Management's Global Initiatives in Management program has gone from 24 students in 1990, to 434 in 2005—almost two thirds of the total population. Many schools, including Babson College's Olin School of Business and Georgetown University's McDonough School of Business have made international experiences a mandatory part of the full-time MBA curriculum.

The major reason for this phenomenon: As markets globalize, companies want their MBA hires to arrive with more significant international experience than in the past. The most desirable MBAs have "a great combination of business skills and technology and global knowledge," says Mario Queiroz, vice-president for content and product data management at Hewlett-Packard [...]. Global knowledge, he says, is what sets them apart.You can read more here.

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