The QS TopMBA Jobs and Salary Trends Report for 2010-2011 returned optimistic results for MBAs seeking jobs in consulting or in the finance sector, reports a QS press release titled “‘War for talent’ back on.”
The data shows a 22% increase in MBA hiring in finance in 2010, and predicts an additional 11% increase for 2011. MBA hiring in consulting went up 19% in 2010, with an additional 37% increase expected in the coming year. Both sectors are expected to return to their pre-recession highs within two years.
According to Jacqueline Wilbur, senior director of the MBA Career Development Office at MIT Sloan, “After experiencing a significant decline in opportunities for MBA students between 2008-2009, we saw a return to normal recruitment levels in the third quarter of 2010, which has been maintained throughout the year. Management consultancies and investment banks are again in a war for talent in most markets.”
MBAs…get ready to be fought over!
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