Corporate Recruiters Expect to Hire More MBA Grads

If you want to expand your career potential, an MBA degree may be what you need. A 2005 survey of corporate recruiters indicates that more corporate employers expect to hire more MBA graduates.

by Karen Lawson
karen.lawson@mba-business-schools.com
MBA-Business-Schools Columnist

A 2005 survey of corporate recruiters representing several hundred companies indicates that large corporations plan to hire increasing numbers of MBA graduates. MBA grads with concentrations in finance and accounting may do best of all, as changes in legislation and concern over accounting scandals drive the need for qualified financial managers and analysts.

The survey, which was conducted by the Graduate Management Admissions Council, revealed an increasing trend for hiring MBA graduates:

• Recruiters plan to hire 14% more MBA graduates in 2006 than in 2005.
• Fewer than 18% of companies surveyed reported that they would not hire candidates with MBA degrees as compared to 23% who stated in they would not hire MBA grads in 2003.
• 34% of companies surveyed planned to hire MBAs as consultants.

The MBA, or Master of Business Administration, is the best known of graduate business programs. The courses you’ll take in an MBA program can include business structure and functions, accounting and finance, organizational behavior and strategic planning. If you wish to specialize within your graduate business program, you can select from areas such as executive leadership, finance and accounting, human resources, and information technology management. Choosing an area of specialization can be especially useful if you already have a career in a particular area.

If you want to enhance your present career, check with your supervisor and human resources department to see if your company has a tuition reimbursement program. Your company may pay all or part of tuition costs associated with an MBA degree.

Graduate Management Admissions Council

Karen Lawson is a freelance writer with more than twenty years of business background. She holds an MA degree in English from the University of Nevada, Reno.

Posted on February 19, 2007 at 01:53 PM

Share this article: