MBA back in Business
As the economy is getting more stable and booming at its best in the last five years,Corporate recruiters will be flocking to Business schools to recruit MBA graduates this year,2006.According to the figures released by the Graduate Management Admission Council(GMAC),recruiters are planning to hire more than 18% of MBA’s this year compared to last year.
And the recruiters are emphasizing more on the Soft Skills part of the students along with the business knowledge and international background.
MBA graduate can expect an average base salary of about $80,809 this year,where it was $78,040 in 2005 and was $77,066 in 2004.Including the other benefits the total compensation might touch $99,737.ROI after the MBA will be very high this year compared to earlier years.
The 2006 GMAC Corporate Recruiters Survey includes responses from 1,270 recruiters representing 737 companies that hire MBAs.
More info @ GMAC