No 2016 Recession For MBA Hiring

PERCENTAGE OF EMPLOYERS WHO HIRED B-SCHOOL GRADUATES IN 2015

Source: GMAC 2015 year-end poll of employers

Source: GMAC 2015 year-end poll of employers

GMAC'S Bob Alig

GMAC’S Bob Alig

Among the survey’s other findings: Ninety-six percent of responding employers agree that hiring business school graduates creates value for their companies and 68% agree that recruiting graduates of MBA and business master’s programs is a priority in their company’s hiring plans. “Employer demand for graduate management talent is projected to remain strong in 2016 for MBAs and other master’s-level business candidates,” said Bob Alig, GMAC’s executive vice president for school products, in a statement. “Recent graduates from business and management programs should see high demand for their skills because employers understand that they are valuable assets to their organizations.”

GMAC said that a majority of the employers participating in this year’s survey indicate that they will be striving towards improving performance and productivity, expanding their customer base, and launching new products and services and less focused on overcoming economic challenges and cutting costs than in recent years.

The survey also found that when it comes to internships, larger companies (more than 25,000 employees) are more likely to offer intern opportunities (91% of respondents) compared with small companies (fewer than 1,000 employees; 73%). Companies based in the United States offered internships at a slightly higher rate than non-US companies in 2015 (85% of US companies versus 77% of non-US companies).

PERCENTAGE OF EMPLOYERS EXPECTING TO HIRE IN 2016

Source: GMAC 2015 year-end poll of employers

Source: GMAC 2015 year-end poll of employers