GMAC’s New MBA Alumni Survey Results

According to the results of a new survey published by the Graduate Management Admission Council, most business school grads agree that an MBA is well worth the investment.

In the 2008 MBA Alumni Perspectives Survey, nine out of 10 grads from the Class of 2008 reports that their graduate business education met or exceeded their expectations. Additionally, 80% of MBA grads in the workforce believe that they couldn’t have obtained their first job without their degree.

Even more encouraging are the numbers regarding job satisfaction. According to the survey, two out of three alumni reported that their first job was the one they wanted, which actually represented a rise in job satisfaction vs. previous years.

Another point of interest was the average number of job offers that each Class of 2008 grad received — 2.7 job offers per person. Unfortunately, this number will likely trend down as the economy suffers, but the survey overall confirms the value of an MBA, regardless of whether a grad receives one, two, or ten job offers.

If you’re applying to business school this year, be sure to check out the Veritas Prep MBA admissions resources page.

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