GMAC Releases Results from 2010 Corporate Recruiters Survey

By - May 11, 12:09 PM Comments [0]

The Graduate Management Admission Council (GMAC) surveyed 2,367 employers about their experiences in recruiting and hiring business school graduates from top b-schools around the world. The goal of this annual survey is three-fold: to examine current employment conditions, to assess hiring trends and the market demand for b-school graduates, and to obtain employer opinions on graduate job opportunities and obstacles in hiring.

The 2,367 employers represent 1,960 companies, of which 171 are US Fortune 500 companies and 129 are Global Fortune 500 companies.

Major findings from the 2010 report include:

  • The employment outlook for MBAs or master's level business graduates in 2010 has improved compared with 2009.
  • 60% of the participating companies plan expanding their customer bases in 2010. This number is up from 48% in 2009.
  • 5% more companies plan to hire this year than last year.
  • Companies reported a mere 10% in the number of available positions this year, as composed to a huge 50% decrease last year.
  • MBA graduates are in highest demand for jobs in the health care, pharmaceuticals, and consulting sectors, while demand is greatest for Master in Management graduates in the fields of consulting, health care and pharmaceuticals, and energy and utilities sectors. Specialized M.A.s in business graduates are in high demand for jobs in finance and accounting.

For more survey details, see the full report.

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