2012 To Be A Good Year For Management Graduates

By Author: George Freeman
Total Articles: 52
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Management courses have always helped students achieve better careers than others. But a recent survey of employers conducted by the Graduate Management Admission Council (GMAC) has revealed that the MBA graduates in 2012 will have even better job prospects than before.

The economic slowdown in Europe or anywhere else in the world for that matter, will have no impact on the careers of fresh MBA graduates. A survey of 216 global companies by the GMAC (a body that oversees the graduate management admission test for business school applicants) has revealed that firms were planning to hire recently graduated MBA students in the 2012 financial year.

This news has no doubt delighted students currently pursuing an MBA degree as they now have the added assurance of what their potential recruiters have planned for them. Here are some further breakdowns of the survey results:

• Nearly 75% of the respondent companies plan to hire MBA graduates in 2012. This number is higher than the 58 per cent in 2011.
• A large number of companies, in fact 4 times greater in number than last year; plan to hire more MBA ...
... graduates than ever before.
• There is to be a job increase too, as companies plan to increase the number of positions available in 2012.
• 32 per cent of the companies surveyed have confirmed to their aim of hiring MBA graduates at better salary packages than before.
• 65% have said while they will hire a greater number of management graduates, they will pay them the same amount as before in 2011.

Senior market analysts are of the view that these responses by the companies show that they have reached the end of their tether when it comes to cutting costs during recessionary times. The firms are now pushing back and for the same, they have decided to use the best possible talents in the industry. MBA and management graduates form the first choice as they are better trained than others and can become productive immediately. They do not need to be trained extensively and can become assets for any company within days of joining it.

The hiring scene is improving globally and the best options available are for MBA graduates. This news has cheered up the batch of students who invested in training for a management course particularly when the effects of the global downturn are still being felt. The students planning to take up a management course in this coming year are also happy with the survey results as the roads to success have just been opened.

In addition to the survey, the GMAC has just released the findings of its alumni perspectives survey too. This survey is aimed at students considering applying for business Masters to make a more informed decision. The survey questioned more than 4,000 alumni located globally and they gave some highly encouraging figures about the amount of investment they made in their MBA training that had been recovered.

The respondents gave a figure of one third of the financial investment in their degree that had been recovered within the first year of completing their course. Four years in the field and they had recovered 100% of the amount they paid for their management training. These latest findings and figures have encouraged the present students as well as prospective ones to sign up for various MBA courses offered by leading Universities. What are you waiting for? Take up a management course and see your career soar.

The writer recommends the University of Leicester School of Management, a leading provider of MBA courses. Distance learning management courses are also available at the School of Management.

Website: http://www2.le.ac.uk/