Benefits of MBA education clear to graduates
Posted on 3/9/2010
Despite a difficult market, class of 2009 graduates seeking MBA careers had excellent success in finding jobs before finishing up their advanced degrees, a new poll has found.
According to an alumni survey published by the Graduate Management Admission Council, a total of 84 percent of those surveyed found full-time work before graduating. That statistic is down 4 percent from previous years, but still represents a very strong figure in a tough economic climate.
Successful job-seekers following a management education have had their salary expectations met or exceeded, the study found. Sixty-six percent of respondents reported satisfaction with their pay. The survey found that the average pay for graduates' first job after receiving their management degree was almost $71,000. Additionally, more than half of the employed graduates found their job to be "definitely the kind of job they were looking for."
The education they received proved to be critical: a total of 78 percent of respondents said their management degree was "essential" to finding a job after graduation.
An earlier report from GMAC found that 69 percent of employers planned to add new management grads to their ranks, up from 65 percent in 2009.
According to an alumni survey published by the Graduate Management Admission Council, a total of 84 percent of those surveyed found full-time work before graduating. That statistic is down 4 percent from previous years, but still represents a very strong figure in a tough economic climate.
Successful job-seekers following a management education have had their salary expectations met or exceeded, the study found. Sixty-six percent of respondents reported satisfaction with their pay. The survey found that the average pay for graduates' first job after receiving their management degree was almost $71,000. Additionally, more than half of the employed graduates found their job to be "definitely the kind of job they were looking for."
The education they received proved to be critical: a total of 78 percent of respondents said their management degree was "essential" to finding a job after graduation.
An earlier report from GMAC found that 69 percent of employers planned to add new management grads to their ranks, up from 65 percent in 2009.
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