{"id":20915,"date":"2019-05-10T20:35:45","date_gmt":"2019-05-10T15:05:45","guid":{"rendered":"https:\/\/e-gmat.com\/blogs\/?p=20915"},"modified":"2021-01-19T13:36:01","modified_gmt":"2021-01-19T08:06:01","slug":"new-h-1b-visa-rules-3-reasons-why-you-should-pursue-an-mba-from-the-us","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/new-h-1b-visa-rules-3-reasons-why-you-should-pursue-an-mba-from-the-us\/","title":{"rendered":"New H-1B visa rules &#8211; 3 reasons why you should pursue an MBA from the US"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">A <\/span> <span class=\"rt-time\">8<\/span> <span class=\"rt-label rt-postfix\">min read <\/span><\/span><p>Pursuing an MBA from the US can be expensive &#8211; it can cost up to USD 200,000 and most international students who go to the USA for their MBA want to work there so that they can repay this debt and make a good life. Unfortunately, in the recent past, many deserving students have decided against pursuing MBA in the USA because of the flurry of negative news regarding the H-1B visa. The current negative sentiment regarding H-1B while bad for the IT outsourcing companies but is excellent news for MBA students, especially those aiming for top 30 business schools.<\/p>\n<p>In this article, we\u2019ll give you 3 reasons why pursuing an MBA from the US is now even more fruitful. Here is the outline of the article:<\/p>\n<ol>\n<li><a href=\"#IT-visa-rejections\">Higher H-1B rejections for IT companies open up more seats for MBA students<\/a>\n<ul>\n<li><a href=\"#favors-advanced-degrees\">New H-1B visa lottery process favors candidates with advanced degrees<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#hiring\">Record hiring of MBAs in Technology and Consulting<\/a>\n<ul>\n<li><a href=\"#consulting-tech\">Consulting and Technology companies hire the most MBAs<\/a><\/li>\n<li><a href=\"#more-hiring-international-MBA\">Consulting, Technology, Finance, Healthcare plan to hire more international MBAs in 2019<\/a><\/li>\n<li><a href=\"#MBA-jobs\">90+% international MBA graduates find employment<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#scholarships\">Record Scholarships for MBA students<\/a><\/li>\n<li><a href=\"#MBA\">Best year for an MBA<\/a><\/li>\n<\/ol>\n<p><img loading=\"lazy\" class=\"size-full wp-image-20954 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-3-reasons-pursue-MBA.jpg\" alt=\"H-1b visa new rules\" width=\"700\" height=\"390\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-3-reasons-pursue-MBA.jpg 700w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-3-reasons-pursue-MBA-300x167.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<h2 id=\"IT-visa-rejections\">Higher rejections for IT companies open up more seats for MBA students<\/h2>\n<p>In 2016, the H-1B visa program was severely oversubscribed. Even with a job offer, an MBA student had a 40% chance of securing a visa. Now, with higher rejections up to 50% for Indian IT companies, the chances of actually getting a visa when you have a job offer have increased significantly.&nbsp;How much? Let\u2019s look at a few numbers.<\/p>\n<p>The <a href=\"https:\/\/cis.org\/North\/Newly-Revealed-Statistics-Show-USCIS-Quietly-Nibbling-Away-H1B-Program\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">Center for Immigration Studies<\/a>, which is an independent, non-partisan, non-profit, research organization on immigration in its article agrees that the approval rate of H-1B visas offered has reduced since the fiscal year 2015.<\/p>\n<table width=\"234\">\n<tbody>\n<tr>\n<td><strong>Fiscal Year<\/strong><\/td>\n<td><strong>H-1B<br \/>\nApprovals<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2015<\/td>\n<td>95.70%<\/td>\n<\/tr>\n<tr>\n<td>2016<\/td>\n<td>93.70%<\/td>\n<\/tr>\n<tr>\n<td>2017<\/td>\n<td>92.60%<\/td>\n<\/tr>\n<tr>\n<td>2018<\/td>\n<td>84.50%<\/td>\n<\/tr>\n<tr>\n<td>2019 (first three months)<\/td>\n<td>75.40%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>This change is simply because of the decrease in the H-1B approval rates of IT companies who typically outsource its employees holding Bachelor\u2019s degrees from India than applicants with US Master\u2019s degrees.<\/strong><\/p>\n<p><strong>Since H-1B approval rates have decreased significantly for these IT companies it opens up more visa opportunities for international MBA graduates in the US.<\/strong><\/p><\/blockquote>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-20918\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-approval-rates.jpg\" alt=\"h-1b visa approval rates\" width=\"581\" height=\"337\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-approval-rates.jpg 962w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-approval-rates-300x174.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-approval-rates-768x445.jpg 768w\" sizes=\"(max-width: 581px) 100vw, 581px\" \/><\/p>\n<blockquote><p><strong>On the other hand, H-1B approval rates of US companies (shown in orange) which predominantly hire MBAs has been increasing since 2014. It supports the fact that more H-1B visa opportunities have opened up for international&nbsp; MBA graduates in recent times.<\/strong><\/p><\/blockquote>\n<p>Here are the H-1B approval rates of the top 15 companies in the Fiscal Year 2018:<\/p>\n<table width=\"252\">\n<tbody>\n<tr>\n<td><strong>H-1B Users<\/strong><\/td>\n<td><strong>H-1B Approval Rates (2018)<\/strong><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Cognizant Tech Solutions<\/span><\/td>\n<td><span style=\"color: #ff0000;\">68%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Tata Consultancy Services<\/span><\/td>\n<td><span style=\"color: #ff0000;\">82%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Infosys Ltd.<\/span><\/td>\n<td><span style=\"color: #ff0000;\">74%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Deloitte Consulting<\/span><\/td>\n<td><span style=\"color: #ff0000;\">75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Capgemini America<\/span><\/td>\n<td><span style=\"color: #ff0000;\">60%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Wipro Ltd.<\/span><\/td>\n<td><span style=\"color: #ff0000;\">82%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #ff0000;\">Accenture<\/span><\/td>\n<td><span style=\"color: #ff0000;\">83%<\/span><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Microsoft<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">99%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">E&amp;Y US LLP<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">91%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">JP Morgan Chase<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">97%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Amazon<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">98%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Apple Inc.<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">99%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Google<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">99%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Intel Corporation<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">99%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><span style=\"color: #339966;\">Facebook Inc<\/span><\/strong><\/td>\n<td><strong><span style=\"color: #339966;\">99%<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>Companies like Microsoft, Amazon, and Apple which typically employs more MBA graduates have an H-1B approval rate of 98-99%, which simply means that the new visa policy favors people with advanced degrees. <\/strong><\/p>\n<p><strong>This is also evident from a recent rule change of the H-1B lottery process as explained in the next section.<\/strong><\/p><\/blockquote>\n<ul>\n<li>Source: <a href=\"https:\/\/economictimes.indiatimes.com\/nri\/visa-and-immigration\/uscis-sought-additional-information-for-60-h-1b-applications-last-quarter\/articleshow\/68163232.cms\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">Economic times<\/a> verified with&nbsp;<a href=\"https:\/\/www.uscis.gov\/sites\/default\/files\/USCIS\/Resources\/Reports%20and%20Studies\/Immigration%20Forms%20Data\/BAHA\/h-1B-quarterly-requests-for-evidence-2015-2019-Q1-top-30-employers.pdf\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">USCIS data<\/a> (data for FY 2018)<\/li>\n<li>Detailed data: <a href=\"https:\/\/www.uscis.gov\/sites\/default\/files\/USCIS\/Data\/Employment-based\/H-1B\/approved-h-1b-petitions-by-employer-fy-2018.pdf\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">USCIS approved petitions<\/a><\/li>\n<\/ul>\n<h3 id=\"favors-advanced-degrees\">New H-1B visa lottery process favors candidates with advanced degrees<\/h3>\n<p>The Department of Homeland Security (DHS)&nbsp;<a href=\"https:\/\/www.uscis.gov\/news\/news-releases\/dhs-announces-final-rule-a-more-effective-and-efficient-h-1b-visa-program\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">announced a rule change<\/a> to the 85,000 H-1B visas granted to for-profit companies each year. <strong>This change will bolster the chances of those who have advanced degrees (Master\u2019s degree or doctorate) from the US.<\/strong> The change has already been implemented from April 1, 2019.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-20932 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-USCIS.jpg\" alt=\"H-1b Visa USCIS\" width=\"480\" height=\"281\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-USCIS.jpg 500w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-USCIS-300x176.jpg 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/><\/p>\n<p>Previously, the H-1B lottery process was divided into two phases. In the first phase, 20,000 visas were granted to only those holding an advanced degree from a US institution and in the second phase, the remaining 65,000 visas were granted to all qualified candidates.<\/p>\n<p><strong>According to the new rule, the order of granting visas has been reversed<\/strong>. In the first phase, the lottery will grant 65,000 visas to all eligible candidates. However, the second phase will grant the remaining 20,000 visas to candidates with advanced degrees only.<\/p>\n<p>The implication of this reversal will result in companies favoring international workers with advanced degrees.<\/p>\n<p><strong>Take a look at the comparison of the old and new H-1B lottery process<\/strong>. For this calculation, we have assumed 200,000 applications with 120,000 application from IT companies and 80,000 applications from US graduates with advanced degrees. Because of the change in the process candidates with advanced degrees now stand a chance to get 4000+ additional H-1B visas.<\/p>\n<p><img loading=\"lazy\" class=\" wp-image-21205 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-new-rules-lottery-process.png\" alt=\"H-1B visa new rules difference between old and new lottery process\" width=\"753\" height=\"601\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-new-rules-lottery-process.png 1011w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-new-rules-lottery-process-300x239.png 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-new-rules-lottery-process-768x613.png 768w\" sizes=\"(max-width: 753px) 100vw, 753px\" \/><\/p>\n<h3>Explanation of the old and new H-1B visa lottery<\/h3>\n<p>Let\u2019s say, 120,000 IT outsourcing employees and 80,000 graduates take part in the H-1B lottery.<\/p>\n<p><strong>According to the old lottery process<\/strong>, in the first phase, 20,000 graduates will get H-1B visas from a dedicated lottery. In the second phase, 120,000 outsourcing employees (predominantly with a bachelor\u2019s degree) and 60,000 graduates will compete for remaining 65,000 visas. Assuming both groups receive visas in a similar proportion, IT companies will receive 43,334 H-1B visas and graduates will receive 21,666 visas.<\/p>\n<ul>\n<li><strong>Total visas for graduates = 20,000+21,666 = 41,666<\/strong><\/li>\n<li><strong>Total visas for IT companies = 43,334<\/strong><\/li>\n<\/ul>\n<p><strong>According to the new H-1B lottery process<\/strong>, the phases have been reversed. According to our example, all 200,000 applicants will compete for 65,000 visas. Assuming both groups receive visas in a similar proportion, graduates will receive 26,000 H1-B visas and IT companies will receive 39,000 visas. Since more graduates were part of the process, they received a bigger share of visas as compared to the old lottery.<\/p>\n<p>In the second phase, the remaining 20,000 visas will go to graduates.<\/p>\n<ul>\n<li><strong>Total visas for graduates = 26,000+20,000 = 46,000<\/strong><\/li>\n<li><strong>Total visas for IT companies = 39,000<\/strong><\/li>\n<\/ul>\n<blockquote><p><strong>According to the Department of Homeland Security, 5,300 more workers with advanced degrees will get the H-1B visa after this change<\/strong>. This is an increase of 16%.<\/p><\/blockquote>\n<p><strong>Francis Cissna, director of United States Citizenship and Immigration Services<\/strong> said, \u201cEveryone wants to hire the most qualified candidate they can. But if I\u2019m an employer and I have two candidates who are equally qualified for a position, and both require me to sponsor them for a visa, I\u2019m probably going to want to file for the one with the master\u2019s degree because now, mathematically, I have a better chance of getting them picked,\u201d<\/p>\n<blockquote><p><strong>According to <a href=\"https:\/\/www.mercurynews.com\/2019\/04\/16\/h-1b-more-advanced-degree-holders-selected-in-this-years-lottery-feds-say\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">Mercury News<\/a>, in April 2019, USCIS drew lottery from 201,000 visa applications from employers for the 85,000 H-1B visas. For the 65,000 H-1B visas, as projected for this year, candidates having Master\u2019s or a higher degree from a US school received 63% of the visas up from 56% last year which is an increase of 4,550 visas.<\/strong><\/p><\/blockquote>\n<p>If you are someone who is planning to pursue an MBA from a US business school, your chances of getting an H-1B visa has now increased by around 16%.<\/p>\n<h2 id=\"hiring\">Record hiring of MBAs in Technology and Consulting<\/h2>\n<p>Companies such as Amazon, Microsoft,&nbsp;Deloitte, McKinsey, etc. have been hiring MBAs at a record pace.<\/p>\n<p>Take a look at the below chart to understand how consulting and technology companies have been increasing their hiring at top business schools for the last 3 years.<\/p>\n<p><img loading=\"lazy\" class=\" wp-image-21215 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/New-H-1B-visa-rules-employment-consulting-technology-companies.png\" alt=\"new H-1B visa rules - technology and consulting companies have increased their hiring\" width=\"703\" height=\"392\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/New-H-1B-visa-rules-employment-consulting-technology-companies.png 750w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/New-H-1B-visa-rules-employment-consulting-technology-companies-300x167.png 300w\" sizes=\"(max-width: 703px) 100vw, 703px\" \/><\/p>\n<p>In 2018, Consulting and Technology companies increased their recruitment significantly at Duke Fuqua, Tuck, Cornell, and Stanford. While the business schools like Columbia, Chicago Booth, and Kellogg where these companies were already hiring a lot of students, the hiring figure has remained similar.<\/p>\n<h3 id=\"consulting-tech\">Consulting and Technology companies hire the most MBAs<\/h3>\n<p>These companies also end up hiring the majority of the graduating class of top business schools.<\/p>\n<p>82% and 81% of Stanford\u2019s and Columbia\u2019s graduating class of 2018 respectively, found employment in these 3 industries.<\/p>\n<table width=\"449\">\n<tbody>\n<tr>\n<td width=\"113\"><\/td>\n<td width=\"87\"><strong>Consulting<\/strong><\/td>\n<td width=\"87\"><strong>Technology<\/strong><\/td>\n<td width=\"97\"><strong>Financial services<\/strong><\/td>\n<td width=\"65\"><strong>Total<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/harvard-business-school-class-profile-employment-reports-and-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Harvard<\/a><\/td>\n<td width=\"87\">25%<\/td>\n<td width=\"87\">19%<\/td>\n<td width=\"97\">29%<\/td>\n<td width=\"65\">73%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/stanford-gsb-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford<\/a><\/td>\n<td width=\"87\">18%<\/td>\n<td width=\"87\">33%<\/td>\n<td width=\"97\">31%<\/td>\n<td width=\"65\">82%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/wharton-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Wharton<\/a><\/td>\n<td width=\"87\">25%<\/td>\n<td width=\"87\">15%<\/td>\n<td width=\"97\">37%<\/td>\n<td width=\"65\">77%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/kellogg-mba-program-school-profile-northwestern-university-employment-statistics\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Kellogg<\/a><\/td>\n<td width=\"87\">30%<\/td>\n<td width=\"87\">28%<\/td>\n<td width=\"97\">14%<\/td>\n<td width=\"65\">72%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/chicago-booth-mba-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Chicago Booth<\/a><\/td>\n<td width=\"87\">31%<\/td>\n<td width=\"87\">20%<\/td>\n<td width=\"97\">31%<\/td>\n<td width=\"65\">82%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/mit-sloan-mba-program-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">MIT Sloan<\/a><\/td>\n<td width=\"87\">32%<\/td>\n<td width=\"87\">30%<\/td>\n<td width=\"97\">16%<\/td>\n<td width=\"65\">78%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/dartmouth-tuck-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Dartmouth Tuck<\/a><\/td>\n<td width=\"87\">30%<\/td>\n<td width=\"87\">24%<\/td>\n<td width=\"97\">20%<\/td>\n<td width=\"65\">74%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/columbia-business-school-mba-program-strengths-class-profile-career-outcomes-and-employment-reports\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Columbia<\/a><\/td>\n<td width=\"87\">33%<\/td>\n<td width=\"87\">16%<\/td>\n<td width=\"97\">32%<\/td>\n<td width=\"65\">81%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/uc-berkeley-haas-school-of-business-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">UC Berkeley<\/a><\/td>\n<td width=\"87\">24%<\/td>\n<td width=\"87\">32%<\/td>\n<td width=\"97\">14%<\/td>\n<td width=\"65\">70%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/yale-school-of-management-yale-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Yale SOM<\/a><\/td>\n<td width=\"87\">35%<\/td>\n<td width=\"87\">15%<\/td>\n<td width=\"97\">23%<\/td>\n<td width=\"65\">73%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/michigan-ross-school-of-business-class-profile-career-and-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Michigan Ross<\/a><\/td>\n<td width=\"87\">30%<\/td>\n<td width=\"87\">27%<\/td>\n<td width=\"97\">16%<\/td>\n<td width=\"65\">73%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/dukes-fuqua-school-of-business-duke-fuqua-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Duke Fuqua<\/a><\/td>\n<td width=\"87\">32%<\/td>\n<td width=\"87\">28%<\/td>\n<td width=\"97\">16%<\/td>\n<td width=\"65\">76%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/darden-school-of-business-mba-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Darden<\/a><\/td>\n<td width=\"87\">32%<\/td>\n<td width=\"87\">18%<\/td>\n<td width=\"97\">21%<\/td>\n<td width=\"65\">71%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/cornell-sc-johnson-college-of-business-cornell-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Cornell Johnson<\/a><\/td>\n<td width=\"87\">22%<\/td>\n<td width=\"87\">18%<\/td>\n<td width=\"97\">29%<\/td>\n<td width=\"65\">69%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/nyu-stern-school-of-business-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">NYU Stern<\/a><\/td>\n<td width=\"87\">28%<\/td>\n<td width=\"87\">34%<\/td>\n<td width=\"97\">17%<\/td>\n<td width=\"65\">79%<\/td>\n<\/tr>\n<tr>\n<td width=\"113\"><a href=\"https:\/\/e-gmat.com\/blogs\/ucla-anderson-school-of-management-ucla-anderson-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">UCLA Anderson<\/a><\/td>\n<td width=\"87\">20%<\/td>\n<td width=\"87\">15%<\/td>\n<td width=\"97\">30%<\/td>\n<td width=\"65\">65%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>75% of the graduating class is hired by industries which sponsor the most H-1B visas to MBAs.<\/strong><\/p><\/blockquote>\n<p>You can see that consulting, technology, and finance companies hire the most MBA students and they also provide the most opportunities to international students.<\/p>\n<h3 id=\"more-hiring-international-MBA\">Consulting, Technology, Finance, Healthcare plan to hire more international MBAs in 2019<\/h3>\n<p>This is also evident from the <a href=\"https:\/\/www.gmac.com\/-\/media\/files\/gmac\/research\/employment-outlook\/2018-year-end-employer-poll-report.pdf\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">GMAC\u2019s year-end employment poll report 2018<\/a> which showed that consulting, finance, healthcare, and technology companies plan to hire more international candidates in 2019 as compared to 2018.<\/p>\n<table style=\"height: 178px;\" width=\"312\">\n<tbody>\n<tr>\n<td width=\"129\"><strong>Industry<\/strong><\/td>\n<td width=\"129\"><strong>Hired international MBA candidates in 2018<\/strong><\/td>\n<td width=\"129\"><strong>Plan to hire international MBA candidates in 2019<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"129\">Consulting<\/td>\n<td width=\"129\">45%<\/td>\n<td width=\"129\">52%<\/td>\n<\/tr>\n<tr>\n<td width=\"129\"><a href=\"https:\/\/e-gmat.com\/blogs\/best-business-schools-for-technology-top-5-mba-programs-for-a-career-in-technology\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Technology<\/a><\/td>\n<td width=\"129\">44%<\/td>\n<td width=\"129\">58%<\/td>\n<\/tr>\n<tr>\n<td width=\"129\"><a href=\"https:\/\/e-gmat.com\/blogs\/top-mba-programs-in-finance-best-business-schools-for-finance-careers\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Financial services<\/a><\/td>\n<td width=\"129\">41%<\/td>\n<td width=\"129\">53%<\/td>\n<\/tr>\n<tr>\n<td width=\"129\">Healthcare<\/td>\n<td width=\"129\">41%<\/td>\n<td width=\"129\">55%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>An increasing trend towards hiring more international MBA students<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-20933\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-hiring.jpg\" alt=\"H-1B visa hiring companies\" width=\"412\" height=\"275\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-hiring.jpg 500w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-hiring-300x200.jpg 300w\" sizes=\"(max-width: 412px) 100vw, 412px\" \/><\/p><\/blockquote>\n<p>[\/one_half_last]<\/p>\n<p>The highest jump comes from the technology industry where 14% more companies plan to hire international MBAs in 2019 followed by financial services companies at 12%.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-20919 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-industries-sponsoring-for-MBA-graduates.jpg\" alt=\"h-1b visa sponsoring industries for MBA\" width=\"337\" height=\"207\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-industries-sponsoring-for-MBA-graduates.jpg 958w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-industries-sponsoring-for-MBA-graduates-300x184.jpg 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-industries-sponsoring-for-MBA-graduates-768x472.jpg 768w\" sizes=\"(max-width: 337px) 100vw, 337px\" \/><\/p>\n<p>The good thing about these companies hiring more international MBA students is also reflected in the share of H-1B visas sponsored by these companies.<\/p>\n<p>The best part \u2013 <strong>while the acceptance rate for Indian IT companies is low, the acceptance rate for most companies that hire MBA students is higher than 98%.<\/strong><\/p>\n<h3 id=\"MBA-jobs\">90+% international MBA graduates find employment<\/h3>\n<p>However, employment figures of business schools for international students look better. 94% international students of Stanford class of 2018 found employment within 3 months of graduation. 95.2% international Booth MBA students had a job offer while 94% international Tuck MBA students found jobs within 3 months of graduation. Below are figures of other top business schools.<\/p>\n<table width=\"253\">\n<tbody>\n<tr>\n<td width=\"167\"><strong>Business School<\/strong><\/td>\n<td width=\"87\"><strong>Percent<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/stanford-gsb-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford<\/a><\/td>\n<td width=\"87\">94%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/chicago-booth-mba-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Chicago Booth<\/a><\/td>\n<td width=\"87\">95.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/dartmouth-tuck-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Dartmouth Tuck<\/a><\/td>\n<td width=\"87\">94%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/michigan-ross-school-of-business-class-profile-career-and-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Michigan Ross<\/a><\/td>\n<td width=\"87\">90.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/dukes-fuqua-school-of-business-duke-fuqua-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Duke Fuqua<\/a><\/td>\n<td width=\"87\">92%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/darden-school-of-business-mba-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Darden<\/a><\/td>\n<td width=\"87\">85%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/cornell-sc-johnson-college-of-business-cornell-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Cornell Johnson<\/a><\/td>\n<td width=\"87\">87%<\/td>\n<\/tr>\n<tr>\n<td width=\"167\"><a href=\"https:\/\/e-gmat.com\/blogs\/georgetown-mcdonough-school-of-business-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Georgetown McDonough<\/a><\/td>\n<td width=\"87\">98%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>Top business schools &#8211; 90% international students had a job offer in hand within 3 months of graduating<\/strong><\/p><\/blockquote>\n<p>So, it\u2019s evident that more than 90% international MBA graduates have been successfully finding employment in the US and this trend is only bolstered by the new H-1B visa rules. However, there is one more reason why you should pursue an MBA from a US business school which is the abundance of scholarships.<\/p>\n<h2 id=\"scholarships\">Record Scholarships for MBA students<\/h2>\n<p>According to GMAC, a mere 41% of students received scholarships in 2014. In 2018, that number increased to 61%. A good profile combined with a 740 or higher GMAT score gives you an excellent chance of securing a scholarship.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-21208 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/h-1b-visa-new-rules-mba-scholarships.png\" alt=\"H-1b-visa-new-rules-mba-scholarships\" width=\"613\" height=\"323\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/h-1b-visa-new-rules-mba-scholarships.png 499w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/h-1b-visa-new-rules-mba-scholarships-300x158.png 300w\" sizes=\"(max-width: 613px) 100vw, 613px\" \/><\/p>\n<p><strong>Harvard Business School offered $36 million in scholarships<\/strong> to MBA students in 2017 which was up by $2 million from 2016.&nbsp;The average HBS scholarship is approximately $40,000 per year or $80,000 in total.<\/p>\n<p><strong>Darden School of Business received a <a href=\"https:\/\/news.virginia.edu\/content\/batten-foundation-gift-establishes-30-million-scholarship-program-darden\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">generous grant of $30 million in 2018<\/a> <\/strong>which was ultimately offered as a scholarship to MBA students to attend additional courses for free.<\/p>\n<p><strong>Stanford GSB doles out more than $16 million in MBA scholarships<\/strong> and <a href=\"https:\/\/www.gsb.stanford.edu\/programs\/mba\/financial-aid\/types-aid\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">nearly half of the class receives some kind of scholarship<\/a>. Take a look at the <a href=\"https:\/\/e-gmat.com\/blogs\/stanford-reliance-dhirubhai-fellowship-3-indians-get-1-crore-each-to-study-at-stanford-gsb\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford Reliance Dhirubhai Fellowship<\/a> aimed at Indian students wanting to pursue an MBA from Stanford GSB.<\/p>\n<h2 id=\"MBA\">Best year for an MBA<\/h2>\n<p>Given all these factors, for international students, the year 2020 may be one of the best years to apply to a business school in the USA.<\/p>\n<p>The H-1B visa lottery process now favors MBAs, Consulting and Technology companies are more willing to hire international MBA graduates, and business schools are offering more scholarships than ever.<\/p>\n<p>So, if you have been putting down your MBA plans for quite some time, 2020 has given you enough reasons to fulfill your dream of studying at atop US business school. The first step towards fulfilling your dream is <a href=\"https:\/\/e-gmat.com\/free-trial-registration\/?channel=blogsin_article&amp;utm_source=blogs&amp;utm_medium=in_article&amp;utm_campaign=free_trial&amp;utm_content=mba&amp;utm_term=blogs_in_article_ctrl_get_into_HBS\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">acing the GMAT<\/a>. Start working on it now.<\/p>\n<p><strong><em>If you are planning to take the GMAT, we can help you with a <a href=\"https:\/\/e-gmat.com\/blogs\/personalized-study-planner-gmat-planning-made-easy\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">personalized study plan<\/a> and give you access to quality online content to prepare. &nbsp;We are the&nbsp;<a href=\"https:\/\/gmatclub.com\/reviews\/e-gmat-6\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">most reviewed GMAT prep company on gmatclub<\/a> with more than 2000 reviews. Why don\u2019t you <a href=\"https:\/\/e-gmat.com\/free-trial-registration\/?channel=blogsin_article&amp;utm_source=blogs&amp;utm_medium=in_article&amp;utm_campaign=free_trial&amp;utm_content=mba&amp;utm_term=blogs_in_article\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">take a free trial<\/a>&nbsp;and judge it for yourself?<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pursuing an MBA from the US can be expensive &#8211; it can cost up to USD 200,000 and most international students who go to the USA for their MBA want to work there so that they can repay this debt and make a good life. Unfortunately, in the recent past, many deserving students have decided [&hellip;]<\/p>\n","protected":false},"author":102406,"featured_media":20954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ub_ctt_via":""},"categories":[4102,113],"tags":[],"featured_image_src":"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2019\/05\/H-1B-visa-3-reasons-pursue-MBA.jpg","author_info":{"display_name":"Suheb Hussain","author_link":"https:\/\/e-gmat.com\/blogs\/author\/syede-gmat-com\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.1.1 (Yoast SEO v17.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New H-1B visa rules - 3 reasons why you should pursue an MBA from the US | e-GMAT Blog<\/title>\n<meta name=\"description\" content=\"New H-1B visa rules explained in this article. 3 reasons why pursuing an MBA from the US is a good option after these new H-1B visa rules.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/e-gmat.com\/blogs\/new-h-1b-visa-rules-3-reasons-why-you-should-pursue-an-mba-from-the-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New H-1B visa rules - 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