Top B-Schools For Sustainability?

A Strong And Diversifying MBA Jobs Market

 

Happy days are here again.

So let’s party like it’s 1999!

Those are the tunes many MBAs are humming. And why not? Just take a look at this year’s stats:

• According to GMAC’s 2013 Corporate Recruiters Survey, 75% of employers surveyed intend to hire new MBAs, a 4% increase over 2012. More important, these companies report that they plan to hire, on average, 14.6 MBAs in 2013, a three employee increase over the previous year.

• Wharton’s records indicate that 97.8 percent of its MBAs received job offers within three months of graduation, with base salaries rising from $120,000 to $125,000 in one year. Similarly, The University of Texas McCombs School of Business had a record 96.8 percent of its graduates earn job offers within three months of graduation, with their base salaries averaging $106,000.

• Antal International found in its latest survey of 10,000 global companies that 54 percent are now recruiting MBAs, an 8 percent increase over January.

Those are just some of the findings compiled by Matt Symonds, Chief Editor of MBA50.com. So which companies are hiring? Dr. Gary Fraser, Assistant Dean and Executive Director of USC Marshall’s Keenan MBA Career Services Center, cites high tech, health care, and consulting as key hiring sectors. Fred Staudmyer, Director of Career Management at Cornell University’s Johnson Graduate School of Management, adds marketing and product management to the list.

However, Staudmyer cites one area that has been slow to return to pre-recession levels: Finance. He notes that “Wall Street is somewhat less of a draw than in the past and there are fewer jobs there, particularly in sales and trading.” He also mentions that the trend of overseas students returning home after earning an MBA at American institutions is tapering off, as many are looking to experience professional life in the United States.

Staudmyer also warns that MBAs should ease their expectations and adapt to changing business dynamics as “more MBAs are heading into smaller, flatter and agile companies over the next few years.” Tony Somers, Director of the HEC MBA Career Management Center in Paris, echoes Staudmyer’s sentiments: “Our ‘top ten’ recruiters are changing all the time, reflecting the fluid nature of the market…on-the-ground needs can change quickly and we all need to be geared up to respond quickly and effectively.”

To read Matt Symond’s online column on business education at Forbes.com, click here:  Matt Symonds

Source: Forbes.com

Blast from the Past:

 

Timely Advice From The Guru Of The GMAT

30 points.

Doesn’t seem like much, huh? On the GMAT, it can be the difference between getting into your top choice – or settling for another business program.  You can cram and practice every night for months, but how do you know you’re studying the right content or applying the correct strategies?

Last year, Poets and Quants met with Andrew Mitchell, Director of Pre-Business Programs for Kaplan Learning. A physicist with an MBA from Booth, Mitchell has scored a 770 on his GMAT (after clocking a near perfect score on his scholastic aptitude test in his youth). In his role, Mitchell is responsible for studying the trends and best practices related to the GMAT, to enhance the value of Kaplan’s GMAT prep courses, books, and online tests. So what changes can you expect from the GMAT and what can you do to increase your score? Click the link below to find out.

Source: Poets and Quants

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