It continues to be good news for MBA students looking for their first job after graduation, with 84 per cent of the companies surveyed planning to recruit MBAs to their workforce this year and 50 per cent of them increasing salaries. The results of the latest survey of employers from the Graduate Management Admission Council (GMAC) will also be encouraging news for business schools, which have seen applications to full-time MBA programmes stagnate in recent years.
It is more than a decade since GMAC has reported such optimism among MBA recruiters worldwide. The intended hiring figures reported this month beat the 82 per cent of recruiters who said they would hire MBAs back in 2005, the highest previous figure. In 2014 the reported figure was 74 per cent and five years ago, at the height of the banking crisis and recession, just 62 per cent.
