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DigitalMBA MBA jobs opportunities value of MBA degreeThe Present and Future Value of a Graduate Business Degree

The post-recession recovery is gaining more momentum as companies are focusing more on geographical expansion, improving productivity, and expanding their customer base; at the same time, companies are focusing less on overcoming economic challenges and reductions of costs in general.  As a result, more and more companies are looking to hire MBAs and other graduate management talent to help them meet these corporate objectives.

According to a recent survey of more than 200 global employers conducted by GMAC researchers in December 2011, job prospects for 2012 management graduates look much improved and very encouraging.  Around the world, more companies are hiring and the average number of new hires is expected to increase in 2012 and 2013.  Demand for recent MBA graduates is expected to be the strongest in the finance/accounting, healthcare, consulting, and high technology industries.  Results show that:

74% of employers plan to hire MBAs (up from 58% in 2011),

59% plan to hire graduates of specialized master’s programs (up from 38% last year), and

51% plan to hire Master in Management graduates (up from 36% in 2011).

Starting salaries in 2012 are expected to stay strong—Nearly 32% of companies planning to hire MBAs in 2012 expect to increase their annual base salaries compared to those in 2011.  About 25% of the companies planning to hire Master in Management and specialized business master’s candidates expect to increase their annual base salaries as well.

 Findings reported in the recently released 2012 Survey are consistent with past results:

75% of 2011 MBA graduates believes that their degrees were essential for obtaining their post-graduation jobs.  Alumni of 2011 across all program types reported that they received, on average, a one-third return on their financial investment in their graduate degree within the first year after graduation.  Alumni from 2007 reported a full return on investment (ROI), on average, approximately after four years after graduation.

80% of 2011 alumni said their starting annual salaries met or exceeded their expectations.  The median starting annual salary for all full-time MBA alumni in the survey, regardless of graduation year, was US$95,000 and median bonus compensation reported by full-time MBA alumni was US$18,123.

A graduate management degree is undoubtedly a solid investment in your future, and a platform from which to launch a promising and rewarding career.

 

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