Businessweek released a report on MBA job placement trends based on the hiring stats of BW‘s top 30 b-schools. Here’s a brief overview of the findings:
- While MBA hiring has surged in the last year, those numbers are still not as strong as they were in 2007.
- 12% of graduates at the top 30 business schools still had not received a job offer three months after graduation. (That’s one in eight jobless grads this year, compared to one in five last year.)
- Graduates from 23 of the 30 schools reported starting salaries averaging $97,049. And fewer students are receiving signing bonuses.
- 38% of schools saw in increase in on-campus recruiting, a sharp turnaround from the 2% increase seen by schools in 2009.
- Schools that have shown the greatest bounce-back post-recession include HBS, Wharton, Northwestern Kellogg, and Chicago Booth.
Best MBA Job Placement of 2010 (Percentages represent students without job offers three months post-graduation, 2010/2009; dollar amounts represent median starting salaries, 2010/2009.)
- Dartmouth Tuck: 3%/11%, $105,000/$105,000
- Georgia Institute of Technology: 3.2%/15%, $85,020/$85,000
- Harvard Business School: 5%/8.6%, $110,000/$114,400
- MIT Sloan: 5.2%/12.8%, $110,000/$110,000
- Columbia: 6%/14%, $100,000/$100,000
For these programs at least, the numbers are certainly heading in the right direction and are also impressively better than the overall employment picture.
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