45% of Global Employers plan to increase MBA Graduates’ starting salary (Unsplash.com)
Did you know that four in every five global companies planed to employ MBA degree holders? Yes, you read correctly - 80% of corporate recruiters plan to employ recent MBA graduates. This percentage is 30 percentage points from 2009, even in the heart of the economic crisis, when only half of employers hired MBA graduates.
The outlook is even better in the United States where 86% of U.S. employers said they planned to hire MBA graduates.
MBA alumni have spoken:
The 2014 GMAC Alumni Perspectives Survey Report’s findings indicated that nine out of ten (91%) business school alumni between 2010-2013 considered their graduate management education of good to outstanding value. Additionally, 79% of the surveyed MBA alumni reported that their expectations for financial return on their investment (ROI) were met or exceeded.
Why hire MBA graduates?
When asked by GMAC for their reasons for hiring business school graduates, employers said that the degree holders bring:
- • The ability to think outside the box;
- • They have the leadership potential needed;
- •They provide a strategic focus, acumen, and proven ability to perform;
- • And they tend to have a short learning curve and are ambitious.
There is no question that the cost of MBA education is a considerable investment in terms of both time and money. Today, getting the degree is not just about getting the education per se, but includes additional rather costly programme-related expenses such as travel and various social events. However, these MBA-related lifestyle expenses prove to be the most effective for MBA graduates in landing extraordinary jobs, due to the unmatched networking opportunities that they provide.