MUMBAI: When a global financial crisis struck markets across the world two years ago, with several countries finding their economies in recession, MBAs from the finest institutions found job offers shriveling up on campus. But a global management education survey conducted in 2011, shows that the market for B-school graduates seems rather robust, with over 50% of students surveyed receiving job offers before they graduate.
The survey involving 4,794 soon-to-be-graduates from 156 management institutions worldwide, conducted by the Graduate Management Admission Council, which runs GMAT, a globally accepted entrance test, found that 54% of B-school students had job offers before they graduated. This is a significant rise from last year. Only 32% of the final year batch of B-school students in 2010 had job offers before graduation.
But the optimism this year needs to be tempered with the fact that the figures haven't yet touched the dizzying heights that they had reached in the year 2000, when 70% of all B-school graduates had job offers before graduation. But when compared with a slump in 2003, the upswing seems to be a lot quicker this time round.
The survey involving 4,794 soon-to-be-graduates from 156 management institutions worldwide, conducted by the Graduate Management Admission Council, which runs GMAT, a globally accepted entrance test, found that 54% of B-school students had job offers before they graduated. This is a significant rise from last year. Only 32% of the final year batch of B-school students in 2010 had job offers before graduation.
But the optimism this year needs to be tempered with the fact that the figures haven't yet touched the dizzying heights that they had reached in the year 2000, when 70% of all B-school graduates had job offers before graduation. But when compared with a slump in 2003, the upswing seems to be a lot quicker this time round.
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