New MBA grads start at $92,000 per year
Newly minted MBAs are averaging a starting base salary in the United States of more than $92,000, a Virginia-based industry group said Friday.
The Graduate Management Admission Council said that the average new MBA with a job offer in hand will earn $92,360 during their first year of employment, up 4.2 percent from the $88,626 graduates in 2005 received.
Moreover, two-thirds of job offers to MBAs in 2006 come with signing bonuses that average $17,603, up slightly from last year.
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State to have more MBA, MCA grads
With eight new colleges— offering MBA and MCA programmes—joining the admission process, another 720 seats have been added to the seat matrix this year.
This means, admissions to these courses—which were supposed to be completed by September 4—will go on till September 11. It is even learnt that four more colleges are expecting the nod from the All India Council for Technical Education (AICTE).
Following the developments, the AP State Council of Higher Education (APSCHE)—the apex body of higher learning in the state—has been forced to conduct an additional phase of admissions. It will
Grads gain the advantage
The lean job market college graduates faced in the first half of the decade is gone, and companies are upping the ante to obtain the best talent.
Stephen Richardson knew what he wanted, waited for it, and got it. The management major from Purdue University in Indiana wasnt tempted to take the first job offer he got last October - something job seekers in a dicier economy might do. He also passed on three other offers.
His patience paid off. After graduating later this month, Mr. Richardson will have his dream job waiting for him.
I knew what I
MBA grads united with recruiters
Exec-appointments.com is launching a new service to bring together MBA graduates from leading international business schools and key senior executive recruiters.
MBA-Direct.com will provide a resource for business schools to link their MBA students and alumni, at every stage of their career, to recruiters of MBAs.
Betty Thayer, chief executive of exec-appointments.com, says: Through MBA-Direct, business schools will be able to help past and present students to find the best jobs available. MBA graduates, at any point in their career, will be able to use the service as part of their job search. And recruiters and corporate companies
Its not easy to please these MBA grads
A five-figure salary, accommodation, car and other frills are just not enough to hook these management graduates. MNCs queuing up at citys B-schools could do well by considering this: Make the job profile more appealing.
Package is not the only consideration. I can compromise on a few thousands, but the job should be to my liking, said Divjot Gill, a final year MBA student at Punjab College of Technical Education.
At PAU Business Department, a few students, in fact, refused to sit for interviews as they did not fancy the job profiles posted
UNCG grads receive their diplomas
The University of North Carolina at Greensboro handed out about 1,000 diplomas Thursday at its December commencement. The ceremony was held at the Greensboro Coliseum.
The head of the schools MBA program delivered the commencement address.
Family and friends packed the coliseum. Many of them said a December ceremony is bonus to the holidays.
Im overwhelmed, said Evette Taylor. My niece, Latisha Tranell Wilkins, is graduating and Im here supporting her. I have my sister, my niece and my nephew here with me. Its overwhelming.
About 500 students who graduated in August were also able to attend the commencement ceremony.
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New hires wait to hear the fate of their jobs with Bear Stearns as financial hiring in general appears shakier
The stunning collapse and fire sale of investment house Bear Stearns (BSC)—a major employer of business graduates—has added another worry to an already shaky hiring outlook for business grads, college officials say. While major career services organizations haven't entirely reversed earlier predictions that the hiring market for 2008 grads is going to be strong, reports of recruiters cutting back on the number of job offers and, in some cases, lower starting salaries are beginning to surface.
Reductions are not just happening
AS A PhD student at Oxford University, Cleo Choong spent most of her waking hours at the lab, researching ways to help heal damaged bones with biodegradable material.
When she returned to Singapore, the bioengineering graduate wanted to market her work, but didn't know where to start.
'I was lacking skills in areas like finance and management,' said Dr Choong, 29.
So, she enrolled in the executive MBA programme at at the Nanyang Technological University (NTU) in July 2007.
Dr Choong represents a new breed of student that the university's Nanyang Business School is trying to attract.
Spring Singapore chairman Philip Yeo, who helms the
Close to half of this years 218 MBA grads are traveling to Athabasca tomorrow to receive their degrees in person at Athabasca Universitys Convocation ceremony. The AU MBA Class of 2007 represents every region of Canada, the United States and several other countries including Australia, Germany, Yemen, Switzerland and Kenya. As Dr. Lindsay Redpath, Executive Director of the Centre for Innovative Management, home of Athabasca Universitys online graduate management programs notes, We have a great turnout for Convocation, reflecting the truly international character of AUs MBA program, and its impact on the Canadian and global business communities.
New MBA grads earn more than last year
Corporate America wants graduates whove earned master of business administration degrees and is willing to pay more than last year, say local business schools.
The average starting salary of a 2006 graduate with an MBA from Carnegie Mellon University Tepper School of Business is $94,935, almost 7 percent higher than for the 2005 graduates, Ken Keeley, executive director of the Tepper Schools Career Opportunities Center, said Tuesday.
Across the board, the economy has definitely emerged from the hiring downturn we saw two years ago, Keeley said.
The bad news for those graduate students
An overwhelming 95 per cent of India's leading B-school graduates are willing to forego hefty pay packets for the sake of a job profile of their preference even as 79 per cent of these most sought- after students are keen on working offshore right at the start of their career, ASSOCHAM Business Barometer Survey (ABB) has shown.
Indian institutions imparting management education are the most coveted places visited by the national and multi-national companies for their annual placements. Contrary to the conventional lure of high compensation, the aspirations of young Indian management graduates, as is clearly evident from the ABB survey
NEW DELHI: An overwhelming 95 per cent of India’s leading B-school graduates are willing to forego hefty pay packets for the sake of a job profile of their preference even as 79 per cent of these most sought- after students are keen on working offshore right at the start of their career, ASSOCHAM Business Barometer Survey (ABB) has shown.
Indian institutions imparting management education are the most coveted places visited by the national and mutli-national companies for their annual placements. Contrary to the conventional lure of high compensation, the aspirations of young Indian management graduates, as is clearly evident from the
It’s that time of the year again when spring adds that dash of colour to B -school campuses. And this year, the predominant hue is green. Like the colour you and anyone who’s not a top B-school grad is turning at the number of zeroes in start-up salaries this year. $193,000 — that’s how much Barclays Capital, a British bank, has offered Gaurav Agarwal of IIM-Bangalore. It’s also made offers of $185,000 each to three IIM-Ahmedabad grads. The IIM-B package, say experts, is second only to the $225,000 offer made by an international investment bank four years back at IIM-A
I recently had a conversation with the professor and co-author of the recently published New Age of Innovation: Driving Co-Created Value Through Global Networks. At the end of our interview, he asked me what I thought of the book’s premise – which is that companies must change their business models to source what they need from suppliers around the world and to treat all customers as individuals, not a segment. I told him I kept coming back to a reference he and C.K. Prahalad make in a chapter about the IT impediments to growth, which looked at the root cause
U-Mary to Award 855-Plus Degrees Including First to Online Grads at 47th Commencement
Former Governor, Art Link, and wife, Grace, to receive honorary doctorates.
Bismarck, ND The 856 degrees to be awarded by the University of Mary at its 2007 commencement ceremony include 53 executive, health care, management, and nurse administrator MBAs that will be granted to the first graduates of the universitys online program, as well as more than 411 degrees to be presented to students who studied at one of the growing number of U-Mary adult education sites. The university also will confer the Doctor of Physical Therapy degree on
IMDs start up competition
International Institute of Management Development (IMD) Switzerland, has chosen 22 start-up companies to work with its MBA and Executive MBA programmes in 2007.
These companies are the winners of the 9th annual IMD Start-Up Competition 2007. The IMD Start-Up competition provides an opportunity for early-stage companies to benefit from the support and insights of a team of experienced participants from two of IMDs flagship programmes, the MBA and the Executive MBA.
The objectives of the collaboration between entrepreneurs and managers/participants are to provide hands-on learning experience in entrepreneurship and new ventures for the IMD MBA