Monday, December 10, 2012

New Year May Bring MBA Hiring Boom




For all the talk about job cuts on Wall Street and diminished prospects for MBAs in finance, it’s easy to lose sight of the fact that the vast majority of MBAs are still in demand. New research from the Graduate Management Admission Council, which publishes the GMAT B-school entrance exam, predicts something of a hiring boom next year, according to Businessweek  report.

GMAC surveyed 201 employers between Oct. 31 and Nov. 16 (mostly big U.S. companies) and found that 76 percent expect to hire MBA grads in 2013, up from 69 percent this year, and that 23 percent expect to hire more than they did in 2012. And it wasn’t just MBAs who were feeling the love from employers. The percentage of employers planning to hire a broad swath of specialized master’s degree graduates was up across the board. You can read the full report here.

If there’s one place where the news was less than wonderful, it was salaries……

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