Survey tells a Better Job Prospect for MBA Students this Year

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As far the annual survey conducted by the Graduate Management Admission Council (GMAC) it says that this year promises better job prospects for business school graduates compared with 2015. More than half (56%) of employers plan to increase base salaries for new MBA hires in 2016 at or above the rate of inflation, and 41% will maintain 2015 salary levels. Half (50%) of employers will increase average annual base salaries for recent masters of accounting hires at or above the rate of inflation, and 50% will maintain last year’s levels.

MBA degreeThe 2015 Year-End Poll of Employers’ says 96% 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 programmes is a priority in their company’s hiring plans. This carried out between October 27 and November 16 by GMAC, a global non-profit organization comprised of graduate business schools around the world. The council conducts the GMAT exam. It represents represent responses from 179 recruiters from across 159 companies of varying sizes and industry sectors located in 31 countries or regions worldwide.

Most employers’ have the intention of hiring graduates of masters of accounting and master’s in management programmes in 2016, 73% responding employers plan to offer internships to MBA candidates. Around 92% responding employers that offered MBA internships in 2015 plan to increase them (26%) or maintain (66%) the number of MBA internship openings in 2016. This survey aims to provide business schools and graduate business students with an advance look at the 2016 job market and provide employers and schools that use the GMAT exam in their admissions process with detailed statistics on graduate management hiring practices.

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Rituparna Das
Student Reporter at Linkfried, Rituparna is a student of Yadavpur University, Calcutta. She writes about Education News, Information , announcement From calcutta.