Boom is Back for MBAs, Students Field Flurry of Offers
— reported by HispanicBusiness.com
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About 63 percent of the graduate admission council’s survey respondents said the economy is “not weak.” The figure was 45 percent in 2005 and 18 percent in 2004.
With more than 416,000 jobs added in January and February, this year’s 1.4 million college graduates should enjoy the best entry-level job market since the dot-com collapse in 2001, according to an annual outlook released by global outplacement firm Challenger, Gray & Christmas Inc.
“The market for grad students – especially those with marketable skills in the private sector – is great,” says John A. Challenger, the consultancy’s chief executive.
This year, employers are most interested in hiring MBAs to fill finance-related positions, the GMAC study found. Other popular employment sectors for new MBAs include consulting, general management, human resources, information technology, operations and logistics.
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