Graduate Management Admission Council (GMAC) has conducted a global survey which states that firms working with business schools plan to hire more MBA graduates (Master of Business Administration) in 2016. About 88% campus recruiters globally plan to hire more B-school graduates in 2016, up 8% from 2015. About 54% recruiters also plan to increase starting salaries for them. Hiring demand for B-school graduates will remain high in the Asia-Pacific region with 84% of Asia-Pacific employers planning to hire recent MBA graduates in 2016, up from 73% in 2015.
GMAC conducted the 15th annual survey in February and March in association with 109 participating graduate business schools. The survey findings are based on responses from 842 employers representing more than 530 companies in 40 countries worldwide who recruit directly from participating business schools. GMAC also conducted for the first time among employers a supplemental survey — General Population Employer Survey. Graduates with master’s degrees in finance and accounting will also be in demand among Asia-Pacific employers. About 75% employers plan to hire graduates with master’s in management, 54% are looking for master’s in finance graduates and 49% will hire master’s in accounting graduates this year.
On hiring plans for graduates of other non-MBA master’s programmes, the global report reveals that 27% respondents plan to hire master’s of supply chain management, 26% plan take on board master’s of data analytics graduates and 24% of respondents plan to recruit master’s of marketing graduates. Report says that graduates from supply chain management programmes are in greatest demand among companies in the manufacturing, technology, and products and services sectors, whereas graduates of master’s-level programmes in data analytics are in greatest demand in the technology sector, sought by 43% of companies nearly twice as many companies as in other industries.
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