Thursday, June 18, 2020
Employers Expected to Hire More MBAs in 2015
72% of employers plan on hiring MBA graduates in 2015 GMACââ¬â¢s 2014 Year-End Employer Poll Here are some highlights from GMACââ¬â¢s 2014 Year-End Employer Poll. Spoiler: Itââ¬â¢s good news! â⬠¢ 169 employers from 33 countries were interviewed. This is a relatively small sample. â⬠¢ Overall, the job market remains strong for 2015 b-school grads. â⬠¢ 90% of employers that expect to hire b-school graduates in 2015 expect to maintain or increase the number of job openings compared with hiring in 2014. â⬠¢ 72% of employers plan on hiring MBA graduates in 2015, compared to 69% in 2014. â⬠¢ The majority of employers (54%-74%) plan on increasing starting salaries at or above the rate of inflation in 2015. â⬠¢ 64% of employers say that their companies are expanding and that they plan on hiring more business school graduates. â⬠¢ 87% of employers expect to offer internships to students. Usually these internships will go towards bachelorââ¬â¢s graduates (73% of employers). This is followed by MBA grads (55% of employers). â⬠¢ 96% of employers agree that business school graduates create value for their companies. As usual, the greatest hiring demand is for MBA graduates; though Master in Management grads are projected to experience the largest increase in hiring. According to GMACââ¬â¢s Survey Research Manager, Rebecca Estrada Worthingon, ââ¬Å"The solid job prospects for b-school talent seen over the past several years and again reflected in this poll, give prospective students good reason to consider pursuing these degrees as part of a strategy to drive their career goalsâ⬠¦.Our data show that even in the depths of the recession, business and management degrees can provide a measure of job protection and opportunity. Today, in a recovering global economy, management degrees can be a powerful driver of confidence and provide fuel for an individualââ¬â¢s career growth.â⬠See the 2014 Year-End Poll of Employers Report and the GMAC press release for more details. Related Resources: â⬠¢ MBA Admissions A-Z: 26 Terrific Tips â⬠¢ Payscale: How Much Can You Earn, and How To Earn It â⬠¢ 25 Top MBA Employers According to MBA Students
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