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Business trends

Japanese MBA students plummet in US as companies skimp on tuition

Corporations fear employees will go work elsewhere upon receiving degrees

There are fewer Japanese MBA students at top American schools like Stanford University.   © Reuters

TOKYO -- The number of Japanese students obtaining master of business administration degrees at elite U.S. universities has dropped by roughly half in the past decade as corporations grow reluctant to finance employees' education for fear of them quitting upon graduation.

Only 59 Japanese students graduated from the top 10 MBA programs in the U.S. this year, including those offered at Harvard, Dartmouth and Stanford, according to Axiom, a Tokyo-based staffing agency. That is down from 104 graduates in 2009.

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