The Graduate Management Admissions Councel (GMAC), which surveyed a large
number of 2011 business school graduates for their 2012 Alumni Perspectives
Survey, has reported that hiring remained at a robust 84% for management
degree graduates three months after graduation. 2010 management graduates
had a 96% employment rate 15 months after graduation.
GMAC's research shows a clear disparity between hiring and salary levels
between less- and more-experienced management graduates; as 19% of graduates
with less than one year of experience were unemployed three months after
graduation with starting salaries ranging from US$40,000-50,000, compared to
a 14-15% unemployment rate and starting salares of US$70,000-90,000 for
graduates with one to six years of prior work experience. GMAC's 2011
Corporate Recruiters Survey supported this data as 41% of the worldwide
recruiters stated that they planned to hire MBA graduates with three to four
years of experience, while only 27% planned to hire MBAs with less than 3
years of experience. "Proven ability to perform" was the number one quality
that global corporate recruiters where looking for in new hires.
You can read this and many more articles at:
http://transcendadmissions.blogspot.com/
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