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Employers plan to boost the number of new MBAs they hire in 2007 and are reporting less interest in people with only an undergraduate education, new research from the Graduate Management Admission Council® (GMAC®) shows.
Corporate recruiters expect to hire an average of 18 percent more workers with MBAs and other graduate business degrees this year than they did in 2006, according to the 2007 GMAC Corporate Recruiters Survey. This increase follows the 18 percent jump in MBA hiring recruiters projected in last years survey.
The survey also found that employers plan to increase the number of jobs for people with graduate degrees in areas other than business by about 16 percent. But recruiters told GMAC researchers they anticipate trimming the number of positions aimed at people completing undergraduate degrees this year by more than 7 percent.
More : businesswire.com
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Employers plan to boost the number of new MBAs they hire in 2007 and are reporting less interest in people with only an undergraduate education, new research from the Graduate Management Admission Council (GMAC) shows.
Corporate recruiters expect to hire an average of 18 percent more workers with MBAs and other graduate business degrees this year than they did in 2006, according to the 2007 GMAC Corporate Recruiters Survey. This increase follows the 18 percent jump in MBA hiring recruiters projected in last years survey.
The survey also found that employers plan to increase the number of jobs for people
t MBA-Business-Schools.com, non-traditional students--people who already have a job and career and want to continue working while they pursue their MBA--can search top business schools by region, course or degree to find online and flexible-schedule MBA programs. MBA-Business-Schools.com is an extensive online resource featuring MBA tips and advice as well as weekly articles providing expert insight.
(PRWEB) May 16, 2007 -- MBA-Business-Schools.com, an online business school directory, can help non-traditional students who already have a career and want to pursue an MBA while continuing to work hools. Because having an MBA has become a key element of getting promoted
Hiring of MBA graduates expected to rise dramatically in the Midwest
Employers plan to hire 22 percent more MBA graduates in 2007 than they did in 2006 according to a new report from the National Association of Colleges and Employers.
Employers responding to NACEs Job Outlook 2007 survey reported plans to hire more graduates with masters degrees in business administration and to increase their college hires by more than 17 percent in coming months.
By sector manufacturers have the most aggressive hiring plans according to NACE officials. Survey results show that manufacturers expect to hire 32.4 percent more M.B.A.s in
MBA hiring, pay soaring
For the second year in a row, recruiters are flocking to B-schools. In fact, 98% of 60 schools polled in a recent survey say theyre seeing a big increase in job offers to MBA students, and 70% report a jump in starting salaries and signing bonuses.
Much of the demand is coming from those traditional stalwarts of MBA hiring - consulting, financial services, and consumer goods companies.
But recruiters arent hiring indiscriminately, says Greg Ruf, CEO of MBA Focus , which maintains a database on more than 20,000 MBAs that it uses to help about 1,800 U.S. employers find
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
Forecast: MBA Hiring Up Again
The hiring of MBA graduates is surging this academic year, with employers expecting to bring in 22.1% more MBA grads in 2007 than they did in 2006, according to a survey of companies across the country. An improved economy, business growth and employee retirement all contribute to this escalating demand for newly minted MBAs, says Andrea Koncz, employment information manager for the National Association of Colleges and Employers (NACE). And with growing industries comes growing competition to attract the best and brightest.
At JP Morgan (JPM), hiring of MBAs is up between 10 and 15% this
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
When the Wall Street Journal surveyed corporate recruiters back in 2005, more than half of the respondents said they viewed online degrees either somewhat differently or very differently from those of on-campus graduates.
Andrea Williams, deputy director of human resources for the Polk County Sheriffs Office, is earning her masters degree through an online program.
A recent survey by the Distance Education and Training Council found more than 70 percent of corporate supervisors rate online degrees as just as valuable or more valuable than traditional degrees in the same field.
More : .theledger.com
Having spent the last two years in business school, Davi Bryan certainly understands that things are far from normal in the U.S. economy.
However, financial-market turbulence hasn't affected her or most of her classmates, who picked up their MBA degrees Friday from Washington University's Olin School of Business. "It has had a direct impact on only one student that I know of," Bryan said. "People are getting great jobs."
Bryan, 29, had three offers and accepted a job months ago as a human capital consultant with Deloitte & Touche. The firm was one of her top choices of employers and the job
Tom Starin doesn't begin to meet most recruiters' expectations of the perfect M.B.A. candidate. Unlike most M.B.A. students, he has almost no work experience besides summer internships. He graduated just this spring from Pennsylvania State University, with a bachelor's degree in meteorology and a minor in global business strategy.
Even so, Mr. Starin made a big impression on admission officials at the University of Rochester's Simon Graduate School of Business Administration, where he is starting his studies this fall. His high Graduate Management Admission Test score (710) certainly helped. But what really made the 22-year-old applicant stand out was a successful
MBA Tag Clouds