More Good News On The MBA Job Market

by John A. Byrne on

There’s still more good news on the MBA jobs front. A new survey of business schools by the MBA Career Services Council released today (June 7) shows that the recovery in the job market has spread well beyond the top-ranked schools.

The survey findings show that 51% of responding B-schools report an increase in on-campus recruiting for full-time jobs, while 69% of respondents report an increase in full-time job postings. Only 11% of schools reported a decline in on-campus recruiting activity. Schools ranked outside the top 20 showed the biggest increases, suggesting that the economic recovery in MBA jobs, which started two years ago, has now spread up and down the business school landscape (see table below). Some 73% of schools ranked between 51st and 100 reported improvement, while 43% of top 20 schools reported an uptick.

The council said that increases in recruiting activity are occurring across most sectors, with consulting and technology showing the largest increase. Financial services and government showed the largest decrease in full-time recruiting.

Source: MBA Career Council 2012 Spring Recruiting Trends Survey

A third of the schools reported increases of between 1% and 10%, while one in four schools said on-campus opportunities were flat. About 9% of the responding business schools said job opportunities on-campus were up 20% or more (see table below).

Source: MBA Career Council 2012 Spring Recruiting Trends Survey

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  • MBAHux

    John,

    I’m curious about how those increases are impacting the average salaries in the US. In Latin America, for instance, the demand for MBAs has increased in the past couple of years as well, but the level of jobs and salaries are going down.

    Also, could you please share with us what’s the ranking that was used for this analysis? As we all know, the differences between rankings are huge!

    Thanks,

  • JohnAByrne

    That’s a very good question because while demand is increasing median pay has slightly declined this year in the U.S. to $90,000 from $92,000. See our story on this here:

    http://poetsandquants.com/2012/05/21/what-companies-are-paying-mbas-this-year/

    Meantime, this was a survey by the MBA Careers Council and not a ranking. Schools were asked if job opportunities and job postings went up or down and by how much. That’s what the survey reports. We included the tables to show this info in more detail–by a school’s ranking and by the percentage of increase or decrease. 

    It’s important to remember that this data is for a sample of all business schools and MBAs–not merely the top end, prestige schools in the world. 

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