Despite Donald Trump, US companies will hire more international MBA graduates this year. MBA base salaries also set to increase globally, says new GMAC report
Despite immigration bans and Donald Trump’s pugnacious rhetoric, most US companies plan to hire, or are open to hiring, international MBA or business master’s graduates in 2017. 55% of US companies said so, up from 49% in 2016.That, according to 2017’s Corporate Recruiters Survey from the Graduate Management Admission Council (GMAC) released today. The findings are based on a survey of 959 employers, representing more than 628 companies in 51 countries worldwide, conducted early this year.
The technology industry in the US is the most likely to hire international business grads in 2017. Half of US tech firms plan to – up from 27% last year.
Globally, employer demand for MBAs has also increased. 86% of companies plan to hire MBA graduates this year, up from 79% in 2016.
In the US and the Asia-Pacific, nine out of ten companies plan to hire MBA grads. Three in four startup companies plan to hire MBA grads in 2017, up from 52% in 2016.
MBA grads will earn more money this year. 52% of global companies plan to increase MBA base salaries; 18% above the rate of inflation.
According to the Financial Times, MBA grads from the University of Hong Kong can expect to earn over $120,000 three years after graduation, with an average salary uplift of 109%.
In the US, new MBA hires will earn a projected average salary of $110,000 per year; up from $105,000 in 2016, and 83% more than graduates from bachelor’s degree programs, at $60,000.
“This signifies the value these programs create for students and the vital role their skillsets bring employers,” says Sangeet Chowfla, GMAC president and CEO.
“Despite the political uncertainty about the status of immigration and work visas in the United States, companies are keen to hire graduates from this year’s MBA and business master’s programs, including international candidates.”
Are you struggling to decide between an MBA vs. Master in Management? The largest increase in hiring demand this year, compared with 2016, is for Master in Management graduates.
59% of companies globally plan to hire Master in Management grads, up from 50% last year. 70% of manufacturing companies plan to hire Master in Management grads in 2017.
Increased demand has led business schools, particularly European schools like the International University of Monaco and France’s EMLYON Business School, to offer both MBA and Master in Management programs.
Increasingly, employers want business grads with big data analytics skills. 69% of employers plan to place recent graduate business school hires into data analytics roles in 2017, just trailing marketing, business development, and finance roles — each with 71%.
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Intense courses, helpful professors
I am an international student in my 3rd year and I love going to this school and do not regret chosing it for my BBA.
The classes are helpful, professors are always there to help as well and we have a very understanding administration.
Leadership in an amazing city
I decided to do my exchange in Emlyon because I wanted to get out of my comfort zone, and I found a space with very capable People.. participatory, empathetic and full of leadership. I will never forget Lyon, apart from giving me an unforgettable experience, he gave me great friends
A lot of opportunities professionally and socially. A unique program in France.
You can choose your courses and do your internship, exchange whenever you want. It's flexible and adapted to the needs of each student. A great program and a great city! Professionally, it opens a lot of doors for you to find internships or jobs in France or abroad thanks to the network and career events.
MSc in Digital Marketing
Combining both worlds into one, this course gave me all the on-demand technical skills in data science while maintaining a business-oriented approach. Thanks to the strong academic profile of this university I was able to secure an internship and full-time job at Amazon.
Top Business School fostering innovative entrepreneurs
EMLyon is one of the best business schools. The campuses, associations and courses offered provide the students with the best options to build the future they have chosen. The various opportunities to study and work abroad also offer a deeper understanding of the world, not only economy-wise but social, which helps the student become as well a better individual and not only a pre-formated business school student.
Emlyon campus in Paris
It has a great international community and you have access to many international tools, courses and professors. I had many networking events and workshops for students. Campus and some details of the program could have been improved or need to be bigger in order to have a better student life.
Entrepreneurship
Overall good content and good activities.
Lack of administration but still ok.
Good flexibility and liberty offered to the students. Finally, the amount of internship is also a good way to improve qualifications.
Good Reputation and International Business School
The course was not well adapted but it was up to the mark.
The professors are very well experienced and their experience comes in handy while working on assignments.
The facilities on the campus are top class. Truly professional. I really like spending time in the learning hub and using all the available resources.
Lyon is an amazing city. You will never get bored.
