MBA News

MBA degrees continue to pay dividends in spite of the recession

 

MBA degrees continue to pay dividends in spite of the recession, with graduates recouping one third of the financial investment in their degree within a year of graduation, and 100 per cent within four years.

The latest survey from the Graduate Management Admission Council (GMAC), which administers the GMAT test, the entry test for business school, shows that 86 per cent of the MBA class of 2011 were employed after graduation, just 2 per cent lower than the previous year. And three out of four alumni of the class of 2011 believe they could not have obtained that job without their degree.

It would also seem that a graduate management degree is particularly beneficial to women. The GMAC survey found that the wage gap between men and women is noticeably smaller among MBA alumni than it is among the general population in the US. For example, female graduates of full-time MBA programmes who responded to the survey received starting salaries equivalent to 85 per cent of their male counterparts. By contrast, women earn just 77 per cent of what men earn in the US workforce more generally.

Dave Wilson, president of GMAC, says that all prospective graduate management students should evaluate the return on investment. "These results demonstrate that a graduate management degree is, in fact, a solid investment in your future, both in good and bad economic times."

The GMAC Alumni Perspectives Survey includes responses from 4,135 alumni who graduated between 2000 and 2011, including 963 graduates from the class of 2011.

Other News

Time is running out for you to join one of the top Executive MBA Programs in the World!

CEU Business School's Expanded New York City MBA Module Rousing Success

You want Career Advancement? We can help you!

Come Attend an MBA Strategy Class with Neoma Business School!

Crisis? What Crisis? MBA in Greece received the AMBA Innovation Award 2013

Exclusive ESSEC & Mannheim EMBA Open Evening at the CNIT

Should Companies Invest in Their Employees' Education?

Exclusive ESSEC & Mannheim EMBA Open Evening at the CNIT

HEC Paris MBA Open Day

The ESADE MBA OPEN DAY

"Study in Europe" Special Edition

Dr. Eduardo Berché named Dean of ESADE Law School

MBA 2.0 – The New Generation of Business Education

Study Maastricht School of Management EMBA in Romania

Webinar "How to Stand Out Amongst MBA Applicants"

An online MBA to fit your career and lifestyle

Danube Business School offers international study trips around the globe

MBA eBook – MBA in Europe

2012 Forté Forum: Inspiration, Opportunity and the MBA

Can an MBA still help you land a job in finance?

Win the Scholarship for SKOLKOVO MBA

SKOLKOVO Women Association Fellowship

Getting into the elite MBA club

European Business Schools Growing More Popular!

MBA degrees continue to pay dividends in spite of the recession

More Companies Plan to Hire MBAs in 2012

MBA gaining popularity in Middle East despite global decline

France is now drawing more international MBA candidates

Take a look at the Next Generation GMAT exam!

More employers willing to sponsor MBA degree

Late opportunity for Nottingham Business School MBA Scholarships - September 2011 entry

Come and have a go if you think you're smart enough

Always know what's going on in the MBA World by subscribing RSS News section.



School Profiles

Sort by A-Z / Z-A