Asia-Pacific Business School

Published: 2021-09-10 17:10:08
essay essay

Category: Business

Type of paper: Essay

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The data is given that 25 of the Asia-Pacific business school information included full-time enrollment, students per faculty, local tuition, foreign tuition, age, percentage of foreign, GMAT, English test, work experience, and starting salary in order to reflect how a higher education degree in business is direct proportion to the starting salary. Based on the given data, the maximum of full-time enrollment is 463, the minimum is 12, and the mean is 165.16. It shows that full-time enrollment has a large difference in different school. It might because the location of the school has a lower population density or the school is unpopular in MBA degree.

The maximum of students per faculty is 19, the minimum is 2, and the mean is 8.48, which presents an imbalanced situation in students per faculty. Moreover, the scatter plot shown above portrays that more full-time enrollment does not mean the university needs more faculty. The trend line presents that the students per faculty are slightly decreasing, so, there are some extreme cases in University of Adelaide and Indian Institute of Management (Ahmedabad). Indian Institute of Management (Ahmedabad) has 392 full-time enrollments and there are 5 students per faculty, and it results a starting salary of $7,100; University of Adelaide has 20 full-time enrollments and there are 19 students per faculty, and it results a starting salary of $66,000. This implies that the larger number of students per faculty is not a bad thing.
In addition, the highest percentage of foreign is 90 and it is in Asian Institute of Management (Bangkok), the lowest is 0%, which is in Jamnalal Bajaj Institute of Management Studies (Bombay), and the mean is 28.08%. It illustrates that most foreign students would not choose a school which will have a low starting salary after they graduated even the tuition is cheap. However, the students would not choose a school which will have a high starting salary after they graduated either because the tuition is too expensive and they might not be able to afford it. For this reason, most foreign students would choose a school which will have a medium starting salary after graduated and they are able to afford the tuition.

The histogram on the left above shows the distribution of the students' age, and the scatter plot on the right above shows what the starting salary is in different ages. The histogram illustrates that most of students are between age 26 and 30, this implies that the age between 26 and 30 will have more benefit than the other ages after they get their MBA degree, because they have some experience and their prime focus is on their career. The histogram also implies that the age between 36 and 40 is unnecessary to have a MBA degree because they probably have a stable income or a family, so, a MBA degree is not that much benefit for them. The scatter plot portrays that the younger students have a lower starting salary than the older; it is because the older group has more work experience. However,

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