GeneralHr News

More firms are looking to hire MBAs this year

Source | The Times of India : By Hemali Chhapia

MUMBAI: The market for MBAs is looking up this year. Despite worries about immigration and work visas in the Trump regime, corporate hiring plans for 2017 indicate robust employment opportunities for graduates of management and business master’s programmes. Nearly 9 in 10 respondents (86%) in the 16th annual Corporate Recruiters Survey conducted by the Graduate Management Admission Council (GMAC) said their company planned to hire new MBA graduates in 2017. Demand for these MBA graduates is strongest in the US and the Asia-Pacific.

The median starting salary projected for a new MBA graduate hired by a US company in 2017 is US $1,10,000, an increase of US$5,000 from 2016.

US, Asia-Pacific keenest on talent: Survey

Management graduates can this time around be hopeful of a brighter placement season as compared to those who passed last year.

Corporate hiring planning for 2017 points to robust employment opportunities for graduates of MBA and business master’s programmes. Though MBA hiring projections are stable compared with 2016 predictions, nearly 9 in 10 respondents (86%) in the 16th annual Corporate Recruiters Survey conducted by the Graduate Management Admission Council (GMAC) say their company plans to hire new MBA graduates in 2017. Demand for these MBA graduates is strongest in the US and Asia-Pacific.

Signs also point to increased hiring demand for graduates of business master’s programmes such as Master in Management or Master of Accounting. The top five skills employers are looking for are related to communication and teamwork.

“Despite the political uncertainty about the status of immigration and work visas in the US and other parts of the world, companies are keen to hire graduates from this year’s MBA and business master’s programmes, including international candidates,” said Sangeet Chowfla, GMAC president and CEO. “This signifies the value these programmes create for students and the vital role their skillsets bring employers.”

Read On…

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button