This Year's MBAs Have A Better Job Outlook Than 2009 Graduates
May 18, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
MBAs who are on the cusp of graduation may find that they have a better outlook on the job market this year than those who graduated last year.
A recent study by the Graduate Management Admission Council (GMAC) found that although there are still many challenges when it comes to finding employment, there is a better outlook on the job market compared to 2009.
Approximately 55 percent of hiring managers surveyed responded that they would be hiring new MBA graduates in 2010, a step up from the 50 percent of respondents who said they would hire MBAs in 2009.
Surveyors reported that as long as there was a need for managerial workers, there would always be a need for MBA graduates.
"Employers have spoken clearly. The intrinsic value they place on the skills people develop in business school does not rise and fall just because the economy does," said Dave Wilson, president and CEO of GMAC. "Management talent is always critical to the well-being of any organization, and as conditions improve, employers will find ways to acquire more of that talent."
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