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Employment stats... [#permalink]
 14 Sep 2012, 00:03
When you look at the starting salaries for top 20-30 US b schools, you have to be impressed. Graduates pulled down an average $90k – 100 k in salary and bonus last year. Except that for some top ranked schools, at graduation, nearly three of every ten graduates of its full-time MBA program were unemployed. All of the schools below had an employment of 75% or less. UC Berkeley (Haas), Stanford, Columbia, UCLA (Anderson), Yale On the other hand schools like Georgia Institute of Tech, Michigan (Ross) and Virginia (Darden) had surprisingly better employment rate. I am guessing that the local recruiters are playing a major role in making the employment stats a little skew. An interesting question should be whether an employment rate of 60% a rather good rate, given the job market is not doing really good? The class size I guess is a clear advantage when it comes to employment. Georgia Institute of Tech seems to have that sort of advantage. With class size of 63, they have the best employment rate of almost 90%. I hope that the data we have here only represents the full-time students. Otherwise it’s a little bit misleading. The overall trend lines have been extremely positive. The 2011 numbers show a 4.1% growth in MBA hiring from 2010 and an 11.3% increase from 2009, according to U.S. News.
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Lahoosaher
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Admissionado
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Re: Employment stats... [#permalink]
14 Sep 2012, 05:31
Hmmm, and let's not forget the high numbers of entrepreneurs that come out of top schools, who don't count towards employment statistics.
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Joined: 02 Feb 2009
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Re: Employment stats... [#permalink]
14 Sep 2012, 06:54
lahoosaher wrote: When you look at the starting salaries for top 20-30 US b schools, you have to be impressed. Graduates pulled down an average $90k – 100 k in salary and bonus last year.
Except that for some top ranked schools, at graduation, nearly three of every ten graduates of its full-time MBA program were unemployed.
All of the schools below had an employment of 75% or less.
UC Berkeley (Haas), Stanford, Columbia, UCLA (Anderson), Yale
On the other hand schools like Georgia Institute of Tech, Michigan (Ross) and Virginia (Darden) had surprisingly better employment rate.
I am guessing that the local recruiters are playing a major role in making the employment stats a little skew.
An interesting question should be whether an employment rate of 60% a rather good rate, given the job market is not doing really good?
The class size I guess is a clear advantage when it comes to employment. Georgia Institute of Tech seems to have that sort of advantage. With class size of 63, they have the best employment rate of almost 90%.
I hope that the data we have here only represents the full-time students. Otherwise it’s a little bit misleading.
The overall trend lines have been extremely positive. The 2011 numbers show a 4.1% growth in MBA hiring from 2010 and an 11.3% increase from 2009, according to U.S. News. The number you are looking at may not be the best one. The accepted offer by graduation is typically in 70s. Job offers by graduation Are in the 80s. Eg: stanford is 85%+ columbia is 98% job offers, and 91% job acceptances 3 months after graduation, which does NOT include those going back to employees who sponsored education or those starting own business. Thats a great number in my opinion.
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Senior Manager
Joined: 16 Jan 2009
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Re: Employment stats... [#permalink]
14 Sep 2012, 10:06
JonAdmissionado wrote: Hmmm, and let's not forget the high numbers of entrepreneurs that come out of top schools, who don't count towards employment statistics. Thanks , I never expected the % to be so high an interesting read... http://management.fortune.cnn.com/2012/ ... -stanford/
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Lahoosaher
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Re: Employment stats... [#permalink]
14 Sep 2012, 11:16
lahoosaher wrote: JonAdmissionado wrote: Hmmm, and let's not forget the high numbers of entrepreneurs that come out of top schools, who don't count towards employment statistics. Thanks , I never expected the % to be so high an interesting read... http://management.fortune.cnn.com/2012/ ... -stanford/Check this out - http://images.businessweek.com/slideshows/20111028/best-and-worst-mba-job-placement-of-2011These are some good data points. Moreover, you are comparing schools that have a class size of less than 150/year with that of let's say Ross which has a class size of 500/year. In fact Texas A&M has class size of mere 67/year and hence it can place them in Austin, Houston and Dallas without too much trouble.
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Senior Manager
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Re: Employment stats... [#permalink]
15 Sep 2012, 04:36
vatsas wrote: lahoosaher wrote: JonAdmissionado wrote: Hmmm, and let's not forget the high numbers of entrepreneurs that come out of top schools, who don't count towards employment statistics. Thanks , I never expected the % to be so high an interesting read... http://management.fortune.cnn.com/2012/ ... -stanford/Check this out - http://images.businessweek.com/slideshows/20111028/best-and-worst-mba-job-placement-of-2011These are some good data points. Moreover, you are comparing schools that have a class size of less than 150/year with that of let's say Ross which has a class size of 500/year. In fact Texas A&M has class size of mere 67/year and hence it can place them in Austin, Houston and Dallas without too much trouble. Thanks for the data and the advice guys... However I am still torn between the two options .... Small class size seems to have a huge advantage if the schools is situated near the regional biggies (big recruiters) ; however losing on the alumna network is a big loss too. A class size of less than 100 sounds very risky... Given that job market is not doing so well , it should be a prudent choice for an international student to choose a college which has access to opportunities with its better geographical location and which has smaller class size.
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Re: Employment stats...
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15 Sep 2012, 04:36
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