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Graduate Management Admission Council

This paper presents the results from the 2012 Corporate Recruiters Survey conducted by the Graduate Management Admission Council[R] (GMAC[R]). Conducted annually since 2001, this survey examines the job outlook for recent graduate business students as well as employer needs and expectations. The objectives of this study are to obtain a picture of the current employment landscape, gauge the demand for master's-level business graduates, better understand employer needs, and provide insight into hiring practices and trends across industries and world regions. Responses to this 11th annual survey of graduate business student employers were collected from mid-February to mid-March 2012. Data reflect the responses of 1,096 recruiters representing more than 800 companies in 40 countries worldwide. Respondents in the United States represent firms in 37 states plus the District of Columbia. This broad representation of the employer spectrum was possible through the efforts of the 128 business schools in 30 countries that facilitated the survey administration. Key findings include: (1) Not only are more companies planning to hire recent MBAs in 2012 (79%, up from 72% in 2011), but they expect to increase the number of new hires from 13 in 2011 to 17 per firm in 2012, on average; (2) Growth is most notable in the Asia-Pacific region, where 54 percent of companies plan to hire Master of Accounting graduates in 2012, up from 38 percent in 2011; (3) Small companies (fewer than 1,000 employees) account for the largest proportional increase in demand for MBAs; (4) MBA graduates will continue to command higher starting salaries compared with other master's graduates in the United States in 2012; (5) Regional job placement data provide insight into where graduate business students might work beyond company headquarters; (6) When selecting which job candidates to interview from business schools, recruiters most often consider the candidates' previous work experience; and (7) Employers predominantly seek new graduate business hires with leadership skills in 2012. (Contains 8 tables, 21 figures and 19 footnotes.)

Descriptors: Business Administration Education, Graduates, Employment Opportunities, Labor Needs, Labor Conditions, Employment Patterns, Leadership, Skills, Work Environment, Employer Attitudes, Work Experience, Expectation, Global Approach, Job Placement, Business, Recruitment

Graduate Management Admission Council. 11921 Freedom Drive Suite 300, Reston, VA 20190. Tel: 866-505-6559; Tel: 703-668-9600; Fax: 703-668-9601; e-mail: customercare[at]gmac.com; Web site: http://www.gmac.com

Autor: Estrada, Rebecca

Fuente: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=6088&id=ED540034

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