* A Wall Street Journal article, "Hiring Prospects Improve for M.B.A. Grads in 2011," discusses the upward hiring trend expected in 2011. A recent GMAC study indicates that 64% of surveyed managers, executives, and recruiters plan on hiring MBA grads in 2011, compared to 60% in 2010. 69% expect salaries to remain flat; 26% forecast an increase and 4% expect a decrease. "As the economy recovers, the demand for management grows, and the M.B.A. market is one of the easiest targets to go after," says Dave Wilson, GMAC CEO. "Nowadays, companies can get a well-trained asset at a reasonable price."
* A BusinessWeek article, "2011 MBA Job Outlook Bright," offers another positive look at the expanding MBA job market. This article focuses on summer internship hiring and the fact that 81% of b-school career officers surveyed said that they expected hiring to improve—that's compared to 60% in 2009. Further research shows that on-campus recruitment is up, as are full-time job postings. 63% of schools reported an increase in recruiting; 70% saw a spike in job postings. One reason for the encouraging hiring picture, explains Nicole Hall, president of the MBA Career Services Council at Pepperdine Graziadio, is that business schools are changing their tactics to help their students secure employment. "B-schools have adapted to help students secure jobs," she says. "The practice of aggressively promoting graduates to fill current openings at target companies is certain to continue even when the economy fully recovers as employers benefit through streamlined placements and students gain from connections to companies of interest."
* Yet another article, Poets & Quant's "MBA Jobs: From the Dark Days to a Happy Present," celebrates the improved MBA job market. It traces the recent history from "those dark days at the heights of the Great Recession [when] people began to again debate the value of the MBA and whether the market would ever come back," through the recovery, to the present, when MBA graduates are beginning to see the light at the end of the tunnel. “We are seeing an extremely sharp uptick from virtually every sector that recruits our MBAs,” says director of Stanford’s Career Management Center, Pulin Sanghvi. “Most employers are coming back with sharply higher hiring numbers. There are parts of the economy right now that are really booming, particularly in tech, and that boom is creating even more jobs from the ecosystems around these companies.” The article provides survey data that suggests that on-campus recruiting and hiring is on the rise with significant increases from last year to this year. The last section of the article, "Harvard Now Teaches MBAs How to Fish and Doesn't Fish for Them," is particularly interesting—it focuses on the steps HBS has taken to equip its students with job-searching skills and resources. The job market may be improving, but the days of taking job offers for granted are long over
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