At this is the time of year we speak with a lot of applicants who are just starting their school research process. How do many of them start? By cracking open the U.S. New rankings or BusinessWeek rankings and going down the list. Sound familiar? The fact of the matter is that how many of us do it, right or wrong!
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Tag Archives : MBA Jobs
Bloomberg BusinessWeek has just published the results of its second annual study of the lifetime earnings of graduates from the world’s top MBA programs, in partnership with PayScale. While the data are interesting, the headline’s not necessarily earth-shattering.
Yesterday BusinessWeek ran an article about corporate recruiters using business school students’ GMAT scores as a way to select candidates for job interviews. While this is nothing new, the article included some interesting quotes from business school career office administrators who have advised some students to retake the GMAT to improve their chances of landing job interviews with top-tier consulting firms and investment banks.
Recently Stanford GSB published its final job placement statistics for the Class of 2008.
Not surprisingly, consulting was the most popular single industry, with 27% of the class opting for a median starting salary of $1250,000 and a median signing bonus of $20,000. Private equity came next, at 14% of the class, with the median starting salary being $150,000 and the median signing bonus clocking in at $32,500.
Last week Harvard Business School’s Dee Leopold posted an update on HBS second-year students’ job prospects for this year. This update is especially interesting to anyone who is preparing to leave a steady job this year to enter a full-time MBA program.
Adding to the steady drumbeat of news about the worsening economy in the U.S., this week the Wall Street Journal ran a story about how business schools have seen a record drop-off in recruitment for internships and for full-time jobs.
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.
A recent article in Time described the worsening job prospects for business school students in light of the economic downturn. At schools that just a year ago were begging their students to honor their job interview commitments, some second-year students are now worried if they’ll receive any job offers by the time they graduate next spring.
Even Harvard Business School grads are feeling the pain in Wall Street’s current troubles. A recent article in the Boston Globe uncovered what HBS is doing to help its own students and recent graduates who are affected by the turmoil.
This month the Graduate Management Admission Council released a report showing that demand for business school graduate remains strong even as the economy shows signs of weakness.
The report, produced by GMAC in partnership with the MBA Career Services Council and European Foundation for Management Development, shows 6% growth in the percentage of employers making offers to MBA grads, and an 11% increase in the average number of hires by each hiring company.