Results of the 2011 Year-End Poll of Employers conducted by the Graduate Management Admission Council indicate an improved job market for MBAs in 2012. Results of the poll show:
- Nearly three-quarters (74%) of employers plan to hire MBAs in 2012, up from 58% in 2011.
- Not only are more companies planning to hire, but they plan to hire at similar or increased levels in 2012 compared to 2011.
- Nearly four times as many companies are planning to increase the number of MBAs they hire in 2012, compared to 2011 (from 6% in 2011 to 22% in 2012).
- 32% of companies plan to increase salaries for MBA hires.
GMAC has conducted the Year-End Poll of Employers since 2009. This poll, combined with our annual Corporate Recruiters Survey conducted in the spring, lend the organization a unique vantage point to help understand and help explain trends in workforce demand for MBA and business master’s graduates. A total of 229 employers from 216 companies worldwide participated in the 2011 Year-End Poll of Employers.
MBA CSC is partnering with GMAC on the annual Corporate Recruiters Survey, which will provide even more in-depth insight into employer hiring needs. MBA CSC school members, contact us for information on how your school can participate.