We recently took a look at the post-graduation job figures for the MBA class of 2011 of the Australia Graduate School of Management. Australia's economy posted a decent 2.4% growth rate in 2011, and AGSM's strong employment record reflects the country's strong job market.
The report showed that 88% of the full-time class of 2011 had secured employment three months after graduation, and that this was an improvement from 81% in 2010.
The consulting sector continued to attract the largest proportion of MBA graduates, with 46% of MBAs choosing this sector, up from 30% in 2010.
Banking and finance, and the IT and telecommunications sectors were the next two sectors of choice. There was also an increase in the number of MBA graduates choosing the Chemicals, Petroleum and Mining sectors.
Recruiters and industry partners last year included Accenture, AT Kearney, Bain & Company, BCG, BHP Billiton, Booz & Co., Commonwealth Bank, Deloitte, Ernst & Young, Expedia, Gallup Consulting, GE Australia & NZ, Google, IBM, Infosys, Johnson & Johnson, KPMG, L.E.K. Consulting, McKinsey & Co, Oracle, Portland Group, Vodafone and Westpac Bank.
Matt Logan, Director of AGSM Career Services said that: “the quality and diversity of our MBA cohort has maintained the expectation that recruiters have of the impact that AGSM MBA graduates have on their organisations”.
AGSM’s Career Services facilitated 43% of the jobs through on-campus recruitment programmes, career fairs and its jobs board while 57% of the jobs were facilitated by the students themselves, from job adverts, personal networking or previous employers.
MBA grads also saw a noticeable spike in salaries. There is a 63.2% increase in post-MBA salaries and the average total post-MBA salary was AU$123,000 (US$130,000).
We'll be talking to some of AGSM's success stories in coming months to find out more about how they used their MBA as a springboard to move ahead in their chosen careers- watch this space!
Read more about students, alumni and programs at the Australian Graduate School of Management here