Posts Tagged ‘MBA’

Thinking About Getting An MBA? Prepare For Possible Unemployment

Friday, December 3rd, 2010

Compared to last year, it’s easier for MBAs to get a job, but nowhere near as easy as it was before the recession.

  • The recession has made it a lot harder for business-school grads to get a job, especially in the consulting and financial services industries.
  • Though companies are recruiting less, some schools have maintained relationships with those hiring sources. But schools that don’t have those relationships are having a much harder time hooking their grads up with jobs.
  • Companies that are hiring are focusing their recruiting efforts on schools located nearby, even more than the top-tier schools.

Facts & Figures

  • In 2009, 84% of business-school grads worldwide had  jobs within a few months of graduating; in 2010, that number rose to 88%
  • Industries now actively recruiting MBAs: healthcare, energy, technology
  • Median starting pay for business-school grads in 2010 was $78,820 in 2010; in 2009 it was $75,000

Best Quote

“Back in 2007 and 2008, students had flexibility to decide where they wanted to live and work. With outlooks tightening, students will take opportunities wherever they’re available.” – Nicole Hall, President of the MBA Career Services Council

MBA’s Get Schooled In Philanthropy

Friday, July 30th, 2010

Business schools are balancing their curricula by not only teaching students to make tons of money – but also how to give it away

  • Business schools have begun to integrate courses on practicing philanthropy into their curricula.
  • Students are taught the historical and technical aspects of philanthropy. They visit non-profits, track the influence of donations and trace the relationship between philanthropy and public policy.
  • The training aims to expand knowledge of philanthropy beyond grant writers and those who wish to work for NGO’s to people entering all areas of business.

Facts & Figures

  • More than 100 college and business schools in the U.S. offer courses on philanthropy.

Best Quote

“At some point in their lives, most of these students will either be a corporate donor or an individual donor and my class teaches them how to do philanthropy effectively. Most general MBAs that I’ve taught marvel that there is this world out there that they never thought existed, and they are surprised by how hard it is to give away money.” – Kristen McCormack, Professor, Boston University School of Management