<p>Well we have to also take into account the population. However, in my opinion taking the test is a lot more committment than filling out an application, because to most people prepare for around two years prior to taking the test. This is because the university only accepts those who score 95% + on the exam and can back it up with a good application. In my opinion 1% is pretty good, but we must also remember that in India there is a high focus on education, thus more people apply, while here in the US, many just stop after the undergraduate or don’t even go to college whatsoever. Anyway, those kids in India have a better chance at succeeding after their MBA than most people in the US, primarily due to India’s booming economy, but the pay scales are really not that comparable, hence why the economy is booming. :D</p>