The report shows that actual 2016 hiring numbers were solid for MBA graduates and on par for graduates of most non-MBA programs, except for Master in Management candidates, who saw lower employer demand than typical. Nevertheless, 2017 hiring projections reflect continued healthy demand for recent graduates of master-level business programs—especially MBAs. Hiring projections are also strong for bachelor’s degree-holders and experienced direct-from-industry hires.
Some additional key findings include:
- 96% of employers say that hiring recent business school graduates creates value for their companies and 71% consider that recruiting graduates of MBA and non-MBA business master’s programs is a priority in their company’s hiring plans.
- Salaries in 2017 expected to increase for business graduates. Of the employers with plans to hire recent MBA graduates in 2017, 58% plan to increase their starting annual base salaries either at or above the rate of inflation.
- 9 in 10 companies surveyed have internship programs and employers will continue to extend internship opportunities to business students. Of the respondents who have internships available, 66% plan to offer internships for MBA candidates in 2017. 82% of those companies will maintain (23%) or increase (59%) the number of internships offered to these candidates.
- The majority of employers (56%) characterize their company direction as expanding and growing, a quarter (27%) describe their company’s direction as maintaining current position, and 16% say their companies are still overcoming economic challenges.
- Actual employer hiring outcomes for 2016 and hiring projections for 2017, collected for the following candidate types: MBA,1 Master of Accounting, Master in Management, nonbusiness master’s, bachelor’s degree, and experienced direct-from-industry hires;
- Directional salary projections for the coming year;
- Availability of internship offerings in 2017; and
- A discussion of employer organizational goals in relation to hiring projections.
To download the full report, please go here.