Monday, August 07, 2006

MBA Job Market Remains Strong
"The MBA job market is stronger than ever, equaling or topping the peak years of 1999 and 2000, according to a new report. After surveying 3,055 undergrads and MBAs at top-tier programs around the U.S., the firm ranked the most preferred employers. The top five were McKinsey & Co., Goldman Sachs (GS ), Bain & Co., Google (GOOG ), and The Boston Consulting Group". Read the article here

According to the Graduate Management Admissions Council’s recently released 2006 Global MBA Graduate Survey, MBA graduates are commanding significantly heftier salaries in 2006 than their counterparts did last year, with the average starting base salary topping $92,000. The report also shows that two-thirds of job offers to MBA graduates in 2006 come with signing bonuses that average $17,603.Read the article here

B-School Is Hip Again
Applications to full-time MBA programs are on the rise after a three-year decline, according to a study by the Graduate Management Admission Council.Read the article here

MBA- Reality Check
M.B.A. students have high expectations when it comes to their careers and especially their salaries. That's understandable, when you consider that the average cost of earning an M.B.A. is $100,000. So are graduates' salary expectations on target? They're pretty close, according to a new survey of this year's M.B.A. recipients from the country's top 30 business schools. On average, M.B.A. grads asked for $2,889 more than they received, according to WetFeet Research & Consulting's eighth annual State of Recruiting Report, which will be released this week. This year's typical M.B.A. grad expected a base salary of $98,670 and received $95,781 for full-time positions. Signing bonuses weren't too far off, either. The average expecation was $18,214; the average bonus received was $17,511.Read the article here

IT back on the MBA agenda
When the dotcom bubble burst in 2000 it was not just budding entrepreneurs and investors who had their fingers burnt. Business school professors who had pinned their hopes on teaching e-commerce and information technology courses also felt the pain. These days, though, it would seem that IT is increasingly creeping back on to the agenda in US business schools.
Read the article here


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