{"id":29345,"date":"2015-07-02T08:44:39","date_gmt":"2015-07-02T15:44:39","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2015\/07\/mba-news-which-mba-jobs-are-most-desirable\/"},"modified":"2015-07-02T08:44:39","modified_gmt":"2015-07-02T15:44:39","slug":"mba-news-which-mba-jobs-are-most-desirable","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-news-which-mba-jobs-are-most-desirable\/","title":{"rendered":"MBA News: Which MBA Jobs Are Most Desirable?"},"content":{"rendered":"<div><a href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2015\/07\/Copy-of-iStock_000045501888_Small.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-5319\" src=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2015\/07\/Copy-of-iStock_000045501888_Small-300x300.jpg\" alt=\"Top stories related to MBA jobs and business education. \" width=\"300\" height=\"300\" \/><\/a><\/p>\n<p><em>Just how big is the business school salary bump?<\/em><\/p>\n<\/div>\n<p>Do MBA jobs really pay more? Which companies are trending with business school graduates? Could residency become the norm for earning an online MBA? Keep reading to find out.<\/p>\n<h4><b>What are the most desirable MBA jobs?<\/b><\/h4>\n<p>For the ninth straight year, <a title=\"google\" href=\"https:\/\/www.google.com\/\" target=\"_blank\">Google<\/a> tops the list of the most sought-after MBA jobs according to the Global Management Education Graduate Survey, which recently interviewed more than 3,300 business graduates worldwide. <a title=\"apple\" href=\"https:\/\/www.apple.com\/\" target=\"_blank\">Apple<\/a> placed second in the list of MBA jobs in which graduates most want to work, jumping three spots from the previous year. What\u2019s not to like about working for Google, right? It\u2019s a world class brand, dishes out free food, and has fantastic benefits. Rounding out the top three is<a title=\"McKinsey &amp; Company\" href=\"https:\/\/www.mckinsey.com\/\" target=\"_blank\"> McKinsey &amp; Company<\/a>, which dropped from second place in last year\u2019s survey. The consulting giant offers new MBA hires an average $135,000 salary to start. Oh, and they also get a $25,000 signing bonus. (Blogger\u2019s note: <i>Forbes<\/i> magazine recently named Kaplan in its \u201cAmerica\u2019s Best Employers List\u201d.) (<a title=\"poets and quants\" href=\"https:\/\/poetsandquants.com\/2015\/06\/27\/google-most-popular-employer-for-mbas\/\" target=\"_blank\">Poets &amp; Quants<\/a>)<\/p>\n<h4><b>Pay up<\/b><\/h4>\n<p>Great news for new hires. MBA starting salaries are up, way up&#8230;compared to what you may have earned without the degree. The Graduate Management Admission Council (GMAC), publisher of the GMAT, announced last week that the payoff of earning an MBA is a 90% increase in median salary. In real dollars, it means something like this: If you come into business school earning $50,000 annually, you\u2019ll likely leave with a job offer of $90,000. Not to mention that MBA job opportunities will likely yield further career advancement down the road. (<a title=\"poets and quants\" href=\"https:\/\/poetsandquants.com\/2015\/06\/25\/median-post-mba-pay-jump-now-90\/\" target=\"_blank\">Poets &amp; Quants<\/a>)<\/p>\n<h4><b>Lessons learned from business school<\/b><\/h4>\n<p>Beyond what MBA\u2019s learn in the classroom to help them succeed in the workplaces, there\u2019s a lot more they learn from the business school experience. Among these important lessons: 1) People matter more than anything. 2) Relationships are important. 3) Maintaining a healthy work-life balances isn\u2019t easy, but it\u2019s worth having. 4) Business is not an on-your-own sport. It takes teamwork to make the dream work. 5) Basic negotiation skills can take you far. (<a title=\"business insider\" href=\"https:\/\/www.businessinsider.com\/mbas-share-valuable-lessons-from-business-school-2015-6\" target=\"_blank\"><i>Business Insider<\/i><\/a>)<\/p>\n<h4><b>Business-minded lawyers<\/b><\/h4>\n<p>One of the country\u2019s largest law firms, Skadden Arps, is putting its new hires through a business bootcamp, helping them learn the ABCs of what it means to think like an MBA in what it calls a mini \u201cvirtual-MBA.\u201d The law firm\u2019s approach represents a growing trend within the legal industry of giving attorneys a deeper understanding of finance as they begin their careers. This training is also starting even earlier these days&#8230;at the law schools themselves. Many now offer finance and management courses. (<a title=\"bloomberg businessweek\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2015-06-16\/why-a-top-law-firm-teaches-its-lawyers-to-be-more-like-mbas\" target=\"_blank\"><i>Bloomberg Businessweek<\/i><\/a>)<\/p>\n<h4><b>Online MBA residency<\/b><\/h4>\n<p>Many aspiring MBAs find the online option an attractive way to earn their degree. However, students who think they can complete their MBA online without ever seeing their fellow students could have another thing coming to them. Some online MBA programs, including <a title=\"online mba\" href=\"https:\/\/kelley.iu.edu\/onlinemba\/\" target=\"_blank\">Kelly Direct<\/a>, Indiana University&#8217;s online business school, as well as some of the higher ranking programs, include residency components in which students have to meet at specific locations during the year. Sometimes this may take several days and often includes everything from classes and lectures by business leaders to networking sessions. This shouldn\u2019t be seen as a negative though. After all, the business world does not exist in vacuum, and picking up some face-to-face communication skills can help you once you hit the MBA job market. (<a title=\"us news and world report\" href=\"https:\/\/www.usnews.com\/education\/online-education\/articles\/2015\/06\/26\/consider-an-online-mba-program-with-a-residency-component?int=9dc208\" target=\"_blank\"><i>U.S. News &amp; World Report<\/i><\/a>)<\/p>\n<p><strong><i>For more breaking business school news and chatter, follow <\/i><a title=\"kaplan test news\" href=\"https:\/\/www.twitter.com\/@KapTestNews\" target=\"_blank\"><i>@KapTestNews<\/i><\/a><i>. Then put your GMAT prep to the test by answering one of our <\/i><a title=\"free gmat practice\" href=\"https:\/\/www.kaptest.com\/gmat\/gmat-practice\/free-gmat-practice-questions-workout\" target=\"_blank\"><i>free daily practice questions<\/i><\/a><i>.<\/i><\/strong><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/2015\/07\/02\/mba-news-which-mba-jobs-are-most-desirable\/\">MBA News: Which MBA Jobs Are Most Desirable?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\">Business School Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just how big is the business school salary bump? Do MBA jobs really pay more? Which companies are trending with business school graduates? Could residency become the norm for earning&#8230;<\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,558,243,940],"tags":[],"class_list":["post-29345","post","type-post","status-publish","format-standard","hentry","category-gmat","category-kaplan-blog","category-blog","category-gmat-prep-gmat","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/29345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=29345"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/29345\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=29345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=29345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=29345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}