{"id":33513,"date":"2016-06-23T07:05:20","date_gmt":"2016-06-23T14:05:20","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2016\/06\/gmac-survey-reveals-robust-post-mba-job-market\/"},"modified":"2016-06-30T10:37:09","modified_gmt":"2016-06-30T17:37:09","slug":"gmac-survey-reveals-robust-post-mba-job-market","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/gmac-survey-reveals-robust-post-mba-job-market\/","title":{"rendered":"GMAC Survey Reveals \u2018Robust\u2019 Post-MBA Job Market"},"content":{"rendered":"

\"MBA<\/p>\n

Companies working directly with business schools plan to hire more MBAs this year than they hired in 2015, according to a global survey report<\/a> released by the Graduate Management Admission Council<\/em> (GMAC).<\/p>\n

The survey findings are based on responses from 842 employers representing more than 530 companies in 40 countries worldwide who recruit directly from participating business schools.<\/p>\n

Some 88 percent of corporate recruiters say they\u00a0plan to hire recent MBA graduates in 2016, up eight percentage points from last year and 33 percentage points higher than 2010, the lowest point of the Great Recession.<\/p>\n

GMAC conducted the 15th<\/sup> annual Corporate Recruiters Survey in February and March together with survey partners EFMD<\/a> and MBA Career Services & Employer Alliance<\/a> (MBA CSEA), in association with 109 participating graduate business schools.<\/p>\n

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This report highlights the value that on-campus recruiting brings to job-seeking business school graduates.<\/h6>\n<\/blockquote>\n

For the first time, GMAC broadened its reach among employers by conducting a supplemental survey of an employer sample purchased through an outside private vendor.<\/p>\n

This \u201cGeneral Population Employer Survey\u201d yielded responses from 1,282 companies located in the six largest markets for graduate management education \u2014 China, France, Germany, India, the United Kingdom and the United States.<\/p>\n

The results show overall that half of the companies responding to the supplemental survey have plans to hire an MBA in 2016 \u2014 ranging from 35 percent of companies in Germany to 70 percent of companies in China.<\/p>\n

\u201cThe difference in hiring projections between the two surveys highlights the value business schools provide to students in connecting them with employers that want to hire them,\u201d said Bob Alig<\/strong>, GMAC\u2019s executive vice president for school products. \u201cThese results are compelling evidence for admissions professionals to demonstrate the value of a graduate business degree to prospective applicants.\u201d<\/p>\n

\u201cThis survey brings to light the enhanced opportunities our member school career services offices bring to graduate business students,\u201d said Damian Zikakis<\/strong>, MBA CSEA president and director, Career Services, at the University of Michigan Ross School of Business<\/strong>.<\/p>\n

\u201cNearly 9 in 10 employers that work with career services plan to conduct on-campus recruitment this year, giving students a tremendous advantage in finding job opportunities that are a great match for their talent and aspirations,\u201d Zikakis added.<\/p>\n

Expected Starting Salaries<\/strong><\/h3>\n

Globally, more than half (54 percent) of employers plan to increase MBA starting salaries either at the rate of inflation (33 percent of respondents) or above (21 percent); 46 percent will keep starting MBA salaries the same as 2015.<\/p>\n