LEIPZIG, GERMANY - AUGUST 30: Graduates in gown and caps celebrate their graduation at the HHL Leipzig Graduate School of Management on August 30, 2014 in Leipzig, Germany. A total of 167 students in various Masters programs of business management graduated today, including the regular MBA program, whose students are 80% from foreign countries, while the more advanced graduate programs have a higher percentage of German-born students. (Photo by Jens Schlueter/Getty Images)