Tepper | Mr. Insurance Dude
GMAT 660, GPA 3.6
Kellogg | Ms. Indian Marketer
GMAT 680, GPA 8.9/10
NYU Stern | Mr. Middle Eastern Warrior
GMAT 720 (Estimated), GPA 3.0
Chicago Booth | Mr. Chile Real Estate
GMAT 740, GPA 3.02
Yale | Mr. Sustainability Manager
GRE 319, GPA 3.52
NYU Stern | Mr. Beer Guy
GRE 306, GPA 4.0
Wharton | Mr. Finance to MBB
GMAT 760, GPA 4.0
NYU Stern | Ms. Legal Officer
GMAT 700, GPA 4
Harvard | Mr. Cricket From Kashmir
GMAT 730, GPA 8.5/10
Stanford GSB | Ms. Education Non-profit
GRE 330, GPA 3.0
Harvard | Mr. Tech Start-Up
GMAT 720, GPA 3.52
Cornell Johnson | Mr. Social To Tech
GMAT 700, GPA 2.7
Wharton | Mr. Mobility Entrepreneur
GMAT 760, GPA 1st Division
HEC Paris | Mr. Business Man
GMAT 720, GPA 3.89
Harvard | Mr. Football Author
GMAT 760, GPA 3.4
Harvard | Mr. Deferred Admission
GRE 329, GPA 3.99
Chicago Booth | Mr. Plantain & Salami
GMAT 580, GPA 4.0
Tuck | Mr. Running To The Future
GMAT 720, GPA 3.5
Kellogg | Mr. Digital Finance
GRE 327, GPA 3.47
Stanford GSB | Mr. Filling In The Gaps
GRE 330, GPA 3.21
Tuck | Mr. Tech PM
GMAT 710, GPA 3.3
Wharton | Mr. Data Dude
GMAT 750, GPA 4.0
Harvard | Ms. Tech Impact
GMAT 730, GPA 3.8
Columbia | Mr. MD/MBA
GMAT 670, GPA 3.77
Chicago Booth | Mr. Community Uplift
GMAT 780, GPA 2.6
Rice Jones | Mr. Simple Manufacturer
GRE 320, GPA 3.95
London Business School | Ms. Social Impact Consulting
GRE 330, GPA 3.28

MBA Employment: A Whopping 95% In U.S.

Only two weeks ago, an IE Business School alum came out with a book entitled The MBA Bubble in which she claimed the degree is overhyped and overvalued. This latest survey by GMAC, which admittedly is a pro-MBA organization, shows that is hardly the case. GMAC said that “regardless of employment status, the vast majority of the Class of 2013 agreed their education developed their skills, expanded their network, and prepared them for the job market.

Outcomes related to business education for the Class of 2013 -- Source: Graduate Management Admission Council

Outcomes related to business education for the Class of 2013 — Source: Graduate Management Admission Council

“Development of qualitative skills, preparation for leadership positions, and advanced quantitative skills were the top educational outcomes employed alumni cited,” GMAC said. “Key educational outcomes that self-employed alumni reported include development of qualitative skills, learning to work in an international business environment, and increased earning power. Alumni who are still seeking employment agreed their management education helped them develop their qualitative and quantitative skills and prepared them for leadership positions.”

Bottom line: The vast majority of the Class of 2013 (96%) would recommend their program, regardless of employment status, program type attended, or citizenship. Retrospectively, more than nine in 10 (92%) alumni reported they would still have pursued their degree knowing what they know now.

Clearly, the reports of the MBA’s diminishing value have been greatly exaggerated.

Percentage of surveyed business graduates who recommend the degree -- Source: Graduate Management Admission Council

Percentage of surveyed business graduates who recommend the degree — Source: Graduate Management Admission Council

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.