Market SizingSo how big is the potential market size for mobility ?
Let us start by taking a look at the global MBA market. MBA means Master of Business Administration. It is a usual degree program choice for professionals who want to make a career change. According to Dr. Igor Baranov's Global MBA report, there are about 120,000 full time MBA student for programs taught in English. That means a roughly US$1.2 billion market, assuming MBA tuition as US$10,000 per year. MBA market typically addresses career changing needs for people with age from 25 to 35. If we assume the market size halves for other age segments (age 35-45, 45-55), we are looking at a total market size of US$2.4 billion. |