Strong Job Market Predicted for 2015 B-School Graduates
What turned out to be a strong job market for business school and management degree graduates in 2014 should continue into 2015, according to the Graduate Management Admission Council‘s (GMAC) Year-End Poll of Employers, released Wednesday.
This year’s hiring outlook holds steady for 2015 graduates as nine out of ten employers planning to hire business school graduates expect to maintain or increase the number of job openings for these hires compared with 2014.
“The solid job prospects for b-school talent seen over the past several years and again reflected in this poll, give prospective students good reason to consider pursuing these degrees as part of a strategy to drive their career goals,” says Rebecca Estrada Worthington, GMAC’s Survey Research Manager.
The poll of 169 employers in 33 countries, conducted in late 2014, serves as an early view into the 2015 job market for MBA, master of management, accounting, finance, and other specialized business master degree-holders.
The greatest hiring demand for b-school talent remains recent MBA graduates, while the largest increase in hiring demand is projected to be for Master in Management talent, as reflected in the eleven percentage point increase in firms who hired this category of graduates in 2014.
“Our data show that even in the depths of the recession, business and management degrees can provide a measure of job protection and opportunity. Today, in a recovering global economy, management degrees can be a powerful driver of confidence and provide fuel for an individual’s career growth,” Estrada Worthington says.
The annual Year-End Poll of Employers provides an early look at hiring plans. For a copy of the poll report, go to gmac.com/employerpoll.