2017 will be a bumper year for freshly-minted business school graduates, with MBA job offers and salaries expected to rise. Nearly 8 in 10 (79%) employers expect to hire MBAs in 2017, compared with 68% of these same companies that hired MBAs in 2016.
And 58% of them plan to bump up MBAs’ starting annual base salaries either at or above the rate of inflation, about 1.7%.
That’s according to the annual year-end poll of employers by the Graduate Management Admissions Council, owner of the b-school entrance exam GMAT.
GMAC surveyed 167 recruiters from more than 140 companies of varying sizes and sectors, mostly in the US. These include 36 members of the Fortune 500 and the “big four” consulting groups.
Nearly all employers agree that b-school hires create value for their companies (96%) and that recruiting such graduates is a priority in their company’s hiring plans (71%).
But given the higher salaries that MBA graduates seek, employers expect a greater command of skills from job seekers.
“The market is increasingly competitive and these graduates needed to distinguish themselves beyond simply graduating,” said a recruiter at a large US manufacturing company.
Several employers voluntarily commented that their 2017 hiring plans may depend upon the policy decisions of US president-elect Donald Trump, who corporations fear may tighten up immigration controls, which will affect their ability to hire non-US grads.
Damian Zikakis, careers chief at the Ross School of Business, said there is a decrease in US companies wanting to sponsor internationals for work visas.
Meanwhile, hiring projections for masters in management candidates are looking up, with 31% of employers overall expected to offer jobs to these candidates, up from 19% in 2016. More business schools have begun rolling out the 12-month degrees, which are aimed at undergraduate students with little to no work experience. However, US companies have yet to warm to the degree in great numbers, GMAC reported.
Student Reviews
University of Michigan - Ann Arbor - Stephen M. Ross School of Business
Best School Ever
Love the University of Michigan! There are so many incredible people of all different backgrounds. We have an huge student population so it is easy to find people with similar interests. Also a great education that sets you up for any job in the future.
Lecturers; inspiring excellence
As a student in general one thing that stands out for me is the quality of how Information is passed through, I am eager to express my utmost gratitude to how the lecturers who greatly enrich my academic path pass these information. The exceptional quality of education and unwavering dedication displayed by these outstanding individuals have consistently surpassed my highest expectations. I am grateful for the profound influence they have on my personal development and the remarkable strides I have made in my learning journey.
Top Choice
The University of Michigan - Ann Arbor is renowned for its rigorous academic standards and comprehensive support systems that contribute to student career success. The undergraduate programs offered at the university are highly regarded, consistently ranking among the top public schools. The university's distinguished reputation and abundant resources empower students to excel. Faculty members are readily available and provide valuable guidance and knowledge to facilitate learning.
Remarkable journey
The University of Michigan has been a very fantastic experience for me. My expectations were surpassed by the high caliber of instruction, the enthusiastic lecturers, and the variety of options for personal development. The campus is stunning, and there is a wonderful sense of community there. The University of Michigan is a fantastic choice for a memorable collegiate experience. Go Blues!
Vibrant Atmosphere
The University of Michigan is a top institution with superb academics, outstanding faculty, and an unrivaled student experience. A quick stroll from end to end of Central Campus just takes a few minutes. The vibrant atmosphere of Ann Arbor, together with its accessibility to the city's center and abundance of dining options and activities, enhances its allure. An extra benefit is the convenient and effective transit system. The entire university experience was excellent!
Leading Ambitious Teaching and Learning
I have enrolled in the course "Leading Ambitious Teaching and Learning."
It is starting on May 3rd and will end on August 31st, so it is a 6-week course. I am interested because it is a self-paced course which will help me with the following things;
Firstly, utilizing videos and other evidence can improve teachers' understanding of ambitious instruction. Providing teachers with practical examples and real-world applications can enhance their skills and knowledge. Secondly, technology can play a crucial role in supporting teachers and students in enacting ambitious instruction. Leveraging technology can provide additional resources, increase engagement, and promote personalized learning. Thirdly, research-based frameworks can be used to organize schools and systems to support ambitious instruction. Frameworks can help establish best practices and set standards for educators to follow. Lastly, leadership strategies and skills are vital to inspiring and supporting positive change. Strong leadership can motivate and guide teachers toward ambitious instruction while creating a positive school culture that prioritizes student learning.
This course is offered as certified and non-certified, and the fee for the certified course is very nominal (approx. $271). Moreover, all the professors are highly educated. This course has provided its course material online and it is supported by the Edx platform.
Overall, based on my educational background and work experience, I am confident that taking this course will provide me with additional qualifications and I can include it on my resume.
World class institution
The University of Michigan is committed to fostering a diverse and inclusive community, and it has a number of initiatives aimed at promoting equity and inclusion on campus. For example, it has a comprehensive set of policies and programs aimed at increasing the representation of underrepresented minorities, women, and LGBTQ individuals among its students, faculty, and staff.
Coolest university ever!
The University of Michigan is a world-class institution that offers its students an exceptional education and an unparalleled range of opportunities for intellectual and personal growth. With its commitment to academic excellence, research, and service, it is no surprise that it consistently ranks among the top public universities in the United States.
Academic programs
The most impressive aspects of the University of Michigan is its academic programs. With over 260 degree programs across 19 schools and colleges, including highly ranked programs in engineering, business, law, and medicine, the university offers an unparalleled range of opportunities for students to pursue their academic interests and career aspirations. The faculty members are world-renowned scholars and experts in their respective fields, and they are committed to providing their students with a challenging, yet supportive, learning environment.
U of Michigan
University of Michigan is known to be very academically rigorous while also having a booming social life for students. I believe it fully lived up to this reputation!! Every school and program is a power house and has the resources and opportunities for students to succeed.
Research Excellence
Great opportunities for research and skill development through coursework and project based learning.
Great peers and collaborative environment overall.
Amazing location of the university at Ann Arbor.
