Article of Wall Street Journal
Opportunities Shrink In Western Centers; 'Where the Action Is'
LONDON -- Ankur Mehrotra returned from a trip to Hong Kong and Singapore that he helped organize for his fellow London Business School students this spring break with more than just jet lag: He got a banking sales job in Kuala Lumpur, Malaysia.
And many of the 15 master in finance students who made the trek with him were similarly successful, coming home with either interviews or strong contacts to follow up on, he said.
They aren't alone. With Western economies sagging, many European business schools say they are seeing a jump in the number of M.B.A.s and other students looking East for opportunities.
...The difficulties of getting U.S. work visas are also prompting students who might have sought to go to the U.S. to try Asia instead, Mr. Mercado said.
"Our more globally minded students are increasingly frustrated at the difficulties of breaking through the legal and regulatory barriers of getting work in the U.S.," he said. "They understand the Eastward shift in terms of dynamism in the global economy, vibrancy, growth, advancement."
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