MBA graduates rake it in
SO ALL THE hype about how an MBA will increase your salary wasnt just advertising waffle to boost SAs business schools.
According to a recent survey among SAs MBA graduates by website mba.co.za in which 467 respondents representing virtually all SAs business schools took part, theres no doubt that this degree not only brings in extra income, but also improves general business knowledge, management skills and status.
Salaries increased 88%
One of the most important findings is that the average annual salary of MBAs increased from R297 731 before their degree to R560 285, a whopping 88% over three or four years. Though the highest annual salary reported was R3m, its well known that there are several MBAs in top jobs, who are earning three or four times as much.
More : fin24.co.za
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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
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
The Management Development Institute (MDI) of Gurgaon has reached 100 percent of its investment 2003-2005 batch of MBA graduates. Annual salary proposed an average Rs8.3 lakh to Rs7.93 lakh as a median. Overcrowding the highest salary offered Rs11 lakh. Graduates with prior work experience a lateral position.
More than 56 companies of information technology (IT), IT-enabled services (ITES), Fast Moving Consumer Goods, pharmaceutical, banking, financial and other sectors have visited the campus for recruitment.
ITES ICT sector has made only 32 per cent of graduates
Barclays has announced that it is to recruit more MBA graduates to its global retail and commercial banking (GRCB) division in 2008.
Following its initial drive in September, which saw 26 MBA graduates enter the world of GRCB, the firm has said that it may create as many as 50 positions in September next year.
Those hoping to enter the programme will have to speak at least two languages the firm asserted, with the three-year programme the graduates will be embarking on will take place over three different global locations.
Lucy Tarrant, MBA Manager at Barclays GRCB, told the paper that MBA graduates
TIRUCHI, NOV.29. The graduates should be innovative management and strive to be the difference, in order to succeed in the difficult business environment, the president and CEO of CavinKare Pvt Ltd, Chennai, CK Ranganathan, said here today.
Delivering the convocation address at the Bharathidasan Institute of Management, he advised the graduates, their competence, quality and management to cultivate a positive attitude, which would be at their workplace. These features would help to a successful entrepreneur.
Sharing his experience, Mr. Ranganathan asked whether she planned, a few venture to start a business, they should be a "hands-on" experience with consumers, it
That the summer of 2002 has brought a good harvest for students of Pune’s eminent B(usiness)-schools, is evident from the lofty stipends that many of them are being offered this year for their summer training.
Recession and a scam-tainted and gloomy overall economic scenario has had little impact on monthly allowances companies are willing to give B-school students to do their training with them. With Wipro paying Rs 15,000 per month to the two Symbiosis Institute of Business Management (SIBM) students who will train with them, SIBM has probably recorded the most impressive summer placements, as compared to the rest.
GlaxoSmithKline has
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
Google has an innovative and totally off the book working environment, that is catching up with the 21st century youth at an incredible speed. Google promises what many have found missing from the rest of corporate America. Inspite of Google's nefariously grueling selection process, thousands of MBA graduates appear each year for interviews. For 2007, Google had hired hundreds of MBA graduates. According to Yvonne Agyei (Google Director of Global University Programs), MBA graduates are particularly attracted to Google because they really get a lot of responsibility right at the outset. MBAs are looking for the opportunity to make an
First graduates achieve high level of success
Of the 11 who completed the course run by the University of Southampton, eight earned a distinction and three achieved merit.
We are proud of all our graduates, but the results achieved by the Guernsey group were something special, said Dr Charlie Wilkinson, MBA programme director.
One of the great benefits of a course like the MBA is the opportunity for busy managers to learn from each other and the method of delivering the course, fully taught, on-island suits perfectly.
This year more than 80 international managers will successfully graduate from the course and the Guernsey students
Top MBA graduates celebrate success at UQ Business School
Nine outstanding UQ MBA graduates have been recognised at a UQ Business Schools Downtown ceremony.
Guest speaker Lord Mayor Campbell Newman also a UQ MBA graduate reminded the audience of the importance of giving something back to the community.
Head of UQ Business School Professor Tim Brailsford said the Lord Mayors message was particularly appropriate as a new award for service to the community was introduced this year.
More : uq.edu.au
July 4 - MUMBAI, India - The fever pace of growth in emerging sectors, such as retailing and BPO has meant that the talent of a headache. Conventional graduates MBA graduates are often not in the cup, because these areas need special abilities. The challenge now is a spark Trend: MBA-specific programmes for various industries.
Take Pantaloon Retail, the giant of 100 branches throughout the country, but plans to have twice as many during the next year. Therefore, the head count - including talent management - current needs ranging from 16000-40000.
New international service to link MBA graduates, business schools and 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 unique resource for business schools to link their MBA students and alumni, at every stage of their career, to the most significant recruiters of MBAs.
Betty Thayer, chief executive of exec-appointments.com, said the service would fill the current vacuum for a professional one-stop resource. There are resources available but they are not harnessed together in one easy to use site.
More : onrec.com
GMAT essential for quality control as MBA student numbers drop
There is ongoing debate in the business press about the decline of MBA student numbers and what is wrong with MBA programs. This debate easily spills over into a discussion whether Australia has too many MBA programs. But the real issue is the quality range of MBA graduates emerging from Australian business schools.
Better MBA graduates make better managers and make a bigger difference in the businesses they join. Lesser quality MBA graduates are seen as arrogant and not worth the extra salary cost, compared with holders of bachelors degrees, who are
GMAT essential for quality control as MBA student numbers drop
There is ongoing debate in the business press about the decline of MBA student numbers and what is wrong with MBA programs. This debate easily spills over into a discussion whether Australia has too many MBA programs. But the real issue is the quality range of MBA graduates emerging from Australian business schools.
Better MBA graduates make better managers and make a bigger difference in the businesses they join. Lesser quality MBA graduates are seen as arrogant and not worth the extra salary cost, compared with holders of bachelors degrees, who are
Seventeen MBA students graduate with distinction
The Grenoble Graduate School of Business (GGSB), represented in Malta by the eFoundation for Business Education, conferred 17 new graduates with an MBA with distinction.
The ceremony was attended by many distinguished guests, including the First Secretary at the French Embassy, Claire Bodonyi; Judith Bouvard, the schools Dean and Director; Godwin C. Micallef, the foundations chairman and Damian Xuereb, the graduates representative. Julie Martin, GGSBs International Programme Manager also attended the event.
Ms Bouvard congratulated graduates on their achievement stating that these new alumni can now look forward to a brighter future. Maltese students are highly competitive