Wednesday, July 1, 2020

MBA and MiM Grads Rejoice High Chances of Getting Hired!

MBA and MiM grads rejoice! They are still hiring! GMACs Year-End Poll of Employers shows positive hiring outcomes from 2015 and strong employer demand for graduate business students worldwide in 2016. This study includes survey responses from 179 recruiters from 159 companies around the world. Here are some highlights from the report. The hiring picture looks good for MBAs: †¢ 75% of employers plan on hiring MBA graduates in 2016. 85% expect to hire as many or more than they did last year (in 2015). †¢Ã‚  56% of employers expect to increase annual starting base salaries for new 2016 MBA hires at or above the rate of inflation. 41% will maintain salary levels from 2015. †¢Ã‚  82% of U.S. companies surveyed said they are likely to hire MBAs, compared to 63% of companies in Europe. †¢Ã‚  73% of employers offer internships to MBA students, and 92% of those employers expect to maintain or increase those positions in the coming year. The picture is also positive for MiM and MAcc grads: †¢ 71% of employers met or exceeded their hiring goals for Master in Management grads in 2015. 85% of employers expect to match or exceed their hiring count from last year. †¢ Employer demand for MiM graduates is 57% in Europe, compared to 25% in the U.S. †¢Ã‚  For Master of Accounting grads, 76% of employers met or exceeded their 2015 hiring goals. 85% expect to maintain or increase their numbers this year. †¢ 50% of employers plan on increasing annual base salaries for new Master of Accounting hires in 2016, while 50% plan on maintaining 2015 salary levels. You can see the full report here for more details. Related Resources: †¢Ã‚  MBA Admissions A-Z: 26 Terrific Tips †¢Ã‚  Payscale: How Much Can You Earn, and How To Earn It †¢Ã‚  2016 Financial Times Global MBA Rankings

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