Median Post-MBA Pay Jump Now 90%

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INDIAN AND AMERICAN BUSINESS STUDENTS SWIPE THE MOST EARLY OFFERS

These numbers are courtesy of the GMAC 2015 Global Management Education Graduate Survey. Based on responses from 3,329 graduate business students from the Class of 2015, the sample was drawn from 112 universities in 29 countries. Three fourths of the sample were MBAs, with two-thirds being men. Nearly two-thirds of the respondents lived in the United States, while over a half of the respondents were graduating from full-time two-year and one-year programs. Nearly half of the sample ranged from 25-30 years of age.

Despite being surveyed in February and March, 59 percent of respondents looking for work had already received an early job offer, up from 57 percent the previous year. Students enrolled in Master of Accounting programs were seemingly the most attractive to employers, with 89 percent nabbing early job offers (up 23 percent from 2010). Full-time two-year MBAs also experienced a 23 increase in early offers in the past five years, topping out at 63 percent in 2015. That was far higher than one-year MBA programs (36 percent), which reported a 60 percent rate just three years ago.  Although part-time MBAs (68 percent) received early offers at a higher rate than full-time MBAs, their numbers have only risen one percentage point in the past four GMAC reports.

Job Seekers With A Job Offer

Source: GMAC

Source: GMAC

Regionally, American-based business students landed the highest percent of early job offers at 63 percent (which include foreign nationals), eight points higher than the global average. If you look at the numbers by nation, India –whose students already enjoyed the highest salary growth – is clearly on the upsurge. 88 percent of Indian business grads received early offers, 16 points higher than American-born grads (and 22 percent better than Europeans).

Percentage of Job Seekers With Offers

Source: GMAC

Source: GMAC

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