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MBA Hiring on the Rise?

Yes. Or least so says a recent survery released by the Graduate Management Admission Council, 55% of responding companies plan to hire new MBA grads in 2010, which is excellent news for MBA candidates who can see the finish line approaching.
GMAC also found that employers are shifting away from an emphasis on cost-cutting and retrenchment and paying more attention to growing their businesses—a particularly positive development for job-seekers.
“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.

For those of you [info:'gmat-application-deadline' just starting to walk the MBA path], the study includes useful news for you as well; predicted job opportunities for the MBA class of 2010 are consulting and health care. Positions in marketing and sales are likely to be most plentiful, followed by finance-related slots in areas other than investment banking, according to GMAC.

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