Stanford GSB | Ms. East Africa Specialist
GMAT 690, GPA 3.34
Harvard | Mr. Improve Healthcare
GMAT 730, GPA 2.8
NYU Stern | Mr. Low Gmat
GMAT 690, GPA 73.45 % (No GPA in undergrad)
Darden | Mr. Indian Telecom ENG
GRE 340, GPA 3.56
Tuck | Ms. Nigerian Footwear
GRE None, GPA 4.5
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
Berkeley Haas | Mr. 360 Consultant
GMAT 720, GPA 3.4
Berkeley Haas | Mr. Low GPA High GRE
GRE 325, GPA 3.2
Darden | Mr. Senior Energy Engineer
GMAT 710, GPA 2.5
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3
Chicago Booth | Mr. Finance Musician
GRE 330, GPA 3.6
NYU Stern | Mr. Hail Mary 740
GMAT 740, GPA 2.94
Harvard | Mr. London Artist
GMAT 730, GPA First Class Honours (4.0 equivalent)
Harvard | Mr. Merchant Of Debt
GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2
USC Marshall | Mr. Ambitious
GRE 323, GPA 3.01
Harvard | Mr. Professional Boy Scout
GMAT 660, GPA 3.83
SDA Bocconi | Mr. Pharma Manager
GMAT 650, GPA 3,2
N U Singapore | Ms. Biomanager
GMAT 520, GPA 2.8
Kellogg | Mr. Young PM
GMAT 710, GPA 9.64/10
Wharton | Mr. Indian VC
GRE 333, GPA 3.61
MIT Sloan | Mr. Tech Enthusiast
GRE 325, GPA 6.61/10
Harvard | Mr. Midwest Dreamer
GMAT 760, GPA 3.3
Foster School of Business | Ms. Diamond Dealer
GRE 308, GPA Merit
NYU Stern | Mr. Low Undergraduate GPA
GMAT 720 (Expected), GPA 2.49
Stanford GSB | Ms. Try Something New
GMAT 740, GPA 3.86
Darden | Mr. Military Missile Defense
GRE 317, GPA 3.26
Wharton | Mr. Army Bahasa
GRE 312, GPA 3.57

The ‘Most Beautiful’ Business Schools

The Job Market For MBAs Is About To Take A Hit

 

Getting ready to graduate soon? Well, don’t take out a loan for that Lexus just yet.

That’s the message from the new Annual Recruiting Trends Report from Michigan State University. The report, which has been produced for 43 years and surveys 6500 employers that recruit on campus, shows that MBA hiring in the United States will decline by 25 percent over the previous year.

The chart below outlines, by percentage the hiring changes expected in sectors ranging from financial to government:

Screen Shot 2013-11-29 at 2.44.33 PM

Of course, the report isn’t all gloom-and-doom. It shows that hiring for graduates with Bachelor’s degrees should grow by 7 percent, with a 26 percent increase predicted for candidates with doctorates. Overall, the report calculates a 2 percent increase in overall business hiring.

So why are MBAs trailing in comparison with everyone else? Start with financial services, which is among the largest sectors (and recruiters of MBAs). They have been hemorrhaging jobs in 2013. As a result, MBA hiring in the financial sector is projected to drop by 58 percent. Similarly, government and healthcare hiring of MBAs is estimated to decline 86 percent and 30 percent respectively.

The reason? Money. According to The Harvard Business Review, businesses are planning “to replace MBA hires with Bachelor’s candidates to cut costs.” While the report notes that MBAs from top programs will still command top dollar, it warns that MBAs “with little professional experience may have more difficulty landing a job commensurate with their education.”

Alas, you get what you pay for. Although the pendulum will inevitably swing back from cut-rate to quality, that’s little consolation for MBAs entering the marketplace. Expect a bumpy ride in the coming year.

Sources: The Harvard Business Review,  Michigan State University