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The art of #humblebrag won’t get you far, but a job market upswing might.
From a sizzling MBA job market to the eternal question: GMAT or GRE?—let’s dig into the latest headlines in business education and MBA news. Leave your comments below.
MBA job market on fire
We’ve come a long way since the 2008 financial crisis, which slowed the job market for business school graduates in subsequent years. It’s no exaggeration to say that now is a great time to get an MBA. Pay is on the rise. So is hiring. In other words, almost everything that should be up is up. In fact, there’s even more data to put a smile on your face: A newly released survey of corporate recruiters by the Graduate Management Admission Council (the folks who write the GMAT) find that the demand for MBA talent has reached a new record high. Though demand is up worldwide, the job prospects of MBAs in the United States is especially encouraging: More than 90% of U.S. companies plan to hire MBAs graduates this year, up 12% from 2014. (Poets & Quants)
GMAT or GRE
Just how much of a threat is the GRE to the GMAT’s dominant position in the business school admissions space? Yes, the vast majority of top business schools now accept scores from the GRE, but the overwhelming number of applicants are still submitting scores from the GMAT. Whereas MBA programs have warmed up to the GRE, MBA applicants have yet to follow suit. One factor that seems to have sway with applicants when choosing whether to take the GMAT or GRE is that, at least for now, many business schools give an admissions advantage to the former. It’s a trend that we’ll continue to track. (Business Because)
#Humblebrag
If you’re anything like us, you can spot a #humblebrag tweet right away. Not familiar with a humblebrag? Well, it’s when you complain about something that you in fact want people to know you are doing (a “complag,” if you will). Example: “I can’t believe that someone as simple as me is on the Red Carpet! I’ve come a long way.” Years ago, an account dubbed @Humblebrag used to call people out for this—the account has been inactive for a while though. What does all this have to do with MBA news? Harvard Business School recently completed a survey on this phenomenon. Evidence suggests that even the most skillfully tweeted or articulated humblebrag is a waste of time. (Vox)
Paying for it
If you are like the vast majority of aspiring business school students, thinking about how to finance your MBA weighs on your mind as much as getting in. Good news—this means you’re thinking like someone in the business world already. Now you can take the next step to smart financial planning. One good way to go: Develop a relationship early on with the business school’s admissions and financial aid office. Find out what sources of funding are available. Developing a rapport also allows you to become more than just one name on an application among thousands of others. (U.S. News & World Report)
The best business schools on the Continent
Looking to go to business school in Europe? If so, then you’ll be interested in this new list, developed by QS, ranking the best universities in the world by subject and location—including the best MBA programs in Europe. The business schools included on the list have graduated CEOs who lead some of the world’s largest companies. (Business Insider)
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The post MBA News: Job Market Up, Humblebrag Ineffective appeared first on Business School Insider.
