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

Tags: business school, careers, job, MBA, school, unemployment