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 by the companies.
More : cities.expressindia.com
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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
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.
More: news.monstersandcritics.com
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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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
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
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
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
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
M.B.A. Reality Check
M.B.A. students have high expectations when it comes to their careers and especially their salaries. Thats understandable, when you consider that the average cost of earning an M.B.A. is $100,000.
So are graduates salary expectations on target? Theyre pretty close, according to a new survey of this years M.B.A. recipients from the countrys top 30 business schools. On average, M.B.A. grads asked for $2,889 more than they received, according to WetFeet Research & Consultings eighth annual State of Recruiting Report, which will be released this week.
More : forbes.com
MBA graduates in demand
MBA graduates are top of the list of new US recruits for Big Four firm KPMG, according to its national director for experienced hire recruiting, Cheryl Levy.
Levy told BusinessWeek.com that KPMG was attractive to MBAs graduates because it is a large organization with larger clients.
Weve been doing MBA recruiting as a huge push for about three years now, and the interest in MBAs has increased now that of some [divisions] that were questioning how they could use MBA grads have seen their success in other practices, Levy explained.
More : accountancyage.com
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
hey shell out some Rs 4-5 lakh or more to get into these places. Some can afford it, some cannot. Those who have worked before, mighthave saved up for this. Some who are freshers, may have had to take recourse to bank loans or papas savings.
If they opt for the student exchange programmes, the average outgo is nearly Rs 6 lakh. Money is, therefore, a commodity that B-school students know only too well long before they step into the hallowed hall of hi-funda corporate managers.
Its no wonder that during their stay at B-schools, these youngsters try their hand
Check Costs, Benefits Of M.B.A.
If youve been thinking about going to business school for an M.B.A., youre not alone.
After years of lagging interest, especially at full-time programs, a stronger labor market is driving up the number of applications to graduate business schools.
According to the latest research from the Graduate Management Admission Council, which administers the GMAT exam, a required part of B-school applications, only 18 percent of employers did not hire M.B.A. grads in 2005, down from 23 percent in 2003.
More : courant.com
Management graduates specialising in insurance are making the most of the rapid growth being witnessed by the insurance sector in the country. This is reflected in the rising graph of their annual pay packages offered at campus placement in specialist institutions like the National Insurance Academy (NIA), Pune.
This year, the highest pay pack bagged by an NIA school of management (NIASOM) student touched Rs 8.5 lakh per annum - up from the Rs 7 lakh per annum highest mark during last years recruitment exercise.
The average salary package, too, has gone up significantly from Rs 4.5 lakh to Rs