Good News for MBA Graduates in New Survey of Corporate Recruiters

Lake Effects Blog

Tuesday, May 26, 2015

The annual Graduate Management Admission Council (GMAC) Corporate Recruiters Survey Report was released last week, and provided a positive outlook for recent MBA graduates. Hiring demand for business school graduates, bachelor’s degree candidates and those that have attained MBA or doctorate level designations has increased according to the survey, with a strong demand for professionals in the areas of marketing, accounting and sales.

The survey indicates a marked improvement in the global economy with workforce retirement and other factors contributing to new opportunities for seasoned management professionals.

“Recruiters from 84% of the companies surveyed around the world said they planned to hire newly minted or recent graduates of MBA programs this year, a big jump after several years where the number hovered in the mid to low 70% range. Of the companies who plan to hire new MBAs, 59% intend to hire more new graduates than last year”. GMAC Corporate Recruiters Survey Report 2015

Interesting data provided by the survey confirmed that for the majority of businesses worldwide, hiring and recruitment demand is greater for students who have acquired an MBA versus students who have acquired certifications through Massive Open Online Courses (MOOCs):

  • Only 15% of companies globally believed MOOCs are a viable alternatives to an MBA;
  • Only 8% of US companies placed MOOCs as an alternative to an MBA degree.

While some online programs are depended on MOOCs for content, Lake Forest Graduate School of Management provides an innovative Leadership MBA program (LMBA) delivered by a practitioner faculty. Contact our Admissions department for more information or visit our events page for an upcoming MBA Preview event.

Download your free copy of the 2015 GMAC Corporate Recruiters Survey Report and share your insights with us. As an MBA student or Alumni, how do you feel about the survey data and the employment outlook for MBA graduates in the United States? We invite you to share your comments below.


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