Stanford GSB | Ms. Civil Servant
GMAT 730, GPA 3.3
Harvard | Mr. MacGruber
GRE 313, GPA 3.7
Duke Fuqua | Mr. National Security Advisor
GMAT 670, GPA 3.3
McCombs School of Business | Mr. Military 2.0
GRE 310, GPA 2.3
Berkeley Haas | Mr. Navy Electronics
GRE 316, GPA 3.24
Wharton | Mr. Naval Submariner
GMAT 760, GPA 3.83
Kellogg | Mr. 770 Dreamer
GMAT 770, GPA 8.77/10
Wharton | Ms. Future CEO
GMAT 710, GPA 3.0
Stanford GSB | Mr. Techie Teacher
GMAT 760, GPA 3.80
Ross | Mr. NCAA to MBB
GMAT 710, GPA 3.2
Chicago Booth | Mr. Inclusive Consultant
GMAT 650, GPA 6.7
London Business School | Mr. Indian Electric Tech
GMAT 620, GPA 3.5
Marshall School of Business | Mr. Strategy Consultant
GMAT 730, GPA 4.0
Jones Graduate School of Business | Mr. Late Bloomer
GRE 325, GPA 7.7
Stanford GSB | Mr. MS From MSU
GRE 326, GPA 3.5
Wharton | Ms. Healthcare Visionary
GMAT 720, GPA 3.4
Harvard | Ms. Media Entertainment
GMAT 740, GPA 3.3
Harvard | Mr. Healthcare VC
GMAT 700, GPA 3.7
Kellogg | Mr. Engineer Volunteer
GMAT 710, GPA 3.8
Tuck | Mr. S&P Global
GMAT 680, GPA 3.3
London Business School | Mr. Investment Finance
GMAT 750, GPA 2.2
Harvard | Mr. British Tech 2+2
GMAT 750, GPA 4.0
Kellogg | Ms. Kellogg Bound Ideator
GMAT 710, GPA 2.4
IESE | Mr. Future Brand Manager
GMAT 720, GPA 2.8
IU Kelley | Mr. Tech Dreams
GMAT 770, GPA 3
Cornell Johnson | Mr. Brazilian Black Engineer
GMAT 705, GPA 3.1
Harvard | Mr. Research 2+2
GMAT 740, GPA 3.96

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.