MBA Employment Outlook on the Mend But Still Challenging, GMAC Survey Finds

London, June 1, 2010, PRNewswire. The job market for new business school graduates remains difficult, but there are clear signs that employers are becoming increasingly confident about the economy – and more eager to hire – according to newly released data from the Graduate Management Admission Council (GMAC).

The percentage of employers in European Union planning to hire newly minted MBAs is up this year compared with 2009, although the number of new hires per company is expected to decline slightly, GMAC researchers found in their annual survey of recruiters. Forty-four percent of respondents to the GMAC Corporate Recruiters Survey whose firms are based in the E.U. said they planned to hire new MBA graduates in 2010, reversing a sharp drop in 2009, when the comparable figure fell to 36 percent from 44 percent the year before. Graduates of other types of master’s-level business programs also should see their prospects improve in 2010, the survey data suggest.

“Employers have spoken clearly. The intrinsic value they place on the skills people develop in business school does not rise and fall just because the economy does,” said Dave Wilson, president and CEO of GMAC, an international non-profit association of leading business schools and owner of the Graduate Management Admission Test (GMAT), used by thousands of business schools worldwide as part of the admissions process. “Management talent is always critical to the well-being of any organization, and as conditions improve, employers will find ways to acquire more of that talent.”

Read the full article: MBA Employment Outlook on the Mend But Still Challenging, GMAC Survey Finds

SPONSORS

POPULAR ARTICLES

MBA Employment Outlook on the Mend But Still Challenging, GMAC Survey Finds

Related Articles