Content written and published by The Korea Bizwire.
MBA News Digest Comment: None.
Extracted Content: The Graduate Management Admission Council (GMAC) has released its 17th annual survey report, the GMAC 2018 Corporate Recruiters Survey report, and findings indicate that MBA hiring remains strong. Overall, 81 percent of responding companies plan to hire MBA graduates in 2018.
Among all respondents globally, 52 percent of companies plan to increase MBA starting base salaries this year. Around the world, MBA graduates continue to command a salary premium relative to direct-from-industry hires and bachelor’s degree hires. The projected median base starting salary for recent MBA graduates in the United States in 2018 is US$105,000, compared with US$85,000 for direct-from-industry new hires and US$65,000 for bachelor’s degree new hires.
The data reflect a slight decline in projected hiring among US and European employers compared to 2017’s hiring plans: 85 percent of responding US companies and 64 percent of European companies plan to hire recent MBA graduates in 2018. Demand for MBA talent is strongest in Asia Pacific, where 90 percent of responding employers plan to make MBA hires in 2018—the same share as last year.
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