The Graduate Management Admission Council published the results of its 2013 Year-End Poll of Employers on December 15th and we are looking at some nice numbers for 2014 MBA grads. Check out this summation from Poets and Quants:
“[M]ore than three-quarters of employers that plan to hire business school graduates expect to maintain or increase their hiring from this year. What’s more, more than half (56%) of employers plan to increase base salaries for recent MBA graduates at (45%) or above (11%) the rate of inflation.”
The year-end poll is particularly meaningful for MBA students gearing up for their final semester at b-school, but the trends (re)confirmed here ought to be heartening for all under the MBA umbrella, from recent graduates to those merely gathering information on the degree.
The poll includes responses from more than two hundred employers across industries and the globe. From such a varied data set, it is hard not to be amazed when questions receive 97 and 98 percent agreement from respondents. Respectively, the surveyed companies concur that MBA graduates must have both excellent interpersonal skills and the ability to make data-based decisions. Moreover, 96% of employers strongly agree that business school graduates create value for their firms.
Certainly, other impressive and optimistic data is laid bare from the survey and we highly suggest you take a moment to download and review the summary report. Much of the information and final analysis will breed resolve amongst those who have made the decision to attend b-school and perhaps tip the scales for those who remain on the fence.
