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2016 GMAC Alumni Perspectives Survey Report

GMAC released results from its 2016 Alumni Perspectives Survey, based on responses from 14,279 graduate business school alumni from 1980-2015, representing 275 programs in 70 universities at 20 worldwide locations. The survey examines the educational, professional, and personal outcomes of its respondents. ROI is measured based on employment rates, post-degree salary growth, job satisfaction, career advancement, and salary estimates three, five, and ten years post-graduation.

92% percent of alumni were employed at time of survey, of which 3% worked in the C-suite, 18% at the executive level, 31% at the senior level, and 46% at mid-level positions

Compensation & ROI

• $2.5M – the median cumulative base salary for graduate business school alumni over 20 years post-graduation

• 3.5 – the average number of years it takes MBA alumni to recoup their b-school investment (for alumni of full-time MBA programs)

• 2.5 – the average number of years it takes MBA alumni to recoup their b-school investment (for alumni of part-time, flexible, online, and executive MBA programs)

• 0.8 – the average number of years it takes Master of Accounting graduates to recoup their investment

• 1.5 – the average number of years it takes Master of Finance graduates to recoup their investment

• 1 – the average number of years it takes Master in Management graduates to recoup their investment

Value of the Degree

• 95% – alumni who value their degree as “outstanding/excellent”

• 93% – alumni who rate their degree as “personally rewarding”

• 89% – alumni who rate their degree as “professionally rewarding”

• 75% – alumni who rate their degree as “financially rewarding”

• 73% – alumni who said their degree provided them with faster career advancement

• 59% – alumni who were motivated to pursue their degree to increase their salary

Check out the full report for more alumni perspectives.

 

 

 

Related Resources:

• The Hottest Skills that will Land You the Hottest Jobs
• The GMAC, the GMAT, and the MBA Degree
• Jumpstart Your Business Career with a Masters in Management Program

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