2013 Employment Outlook GMAC Media Call 21 May 2013
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1 2013 Employment Outlook GMAC Media Call 21 May Graduate Management Admission Council (GMAC ) All rights reserved.
2 Moderator Rich D Amato Vice President, Global Communications Graduate Management Admission Council (GMAC ) All rights reserved.
3 Outline Welcome Speaker Intro Employment Outlook for 2013 Q&A *Moderated via question function Graduate Management Admission Council (GMAC ) All rights reserved.
4 2013 Employment Outlook Michelle Sparkman Renz Research Communications GMAT testing data, surveys, & trends Graduate Management Admission Council (GMAC ) All rights reserved.
5 GMAC Research and Market Intelligence Trends from test takers & surveys mba.com Prospective Students Survey Application Trends Surveys Consider GMAT Apply Offer Enrol Profile of GMAT Candidates Global Management Education Graduate Survey Corporate Recruiters Survey Employer Poll Alumni Survey Graduate & work
6 Robust Data Samples for 2013 Corporate Recruiters Survey 935 Employers 158 schools with partners: Global Management Education Graduate Survey 5,331 Students 159 Schools
7 2013 Themes 1. Job Market Improving for Global B-School Talent 2. Importance of Management Degree in Workforce 3. New career opportunities and confidence.
8 Job Market Improving for Global Business School Talent in 2013 More Companies plan to hire MBAs and Masters talent in 2013 vs (& 2009) Demand for MBAs holds even as demand for bachelor s & direct from industry talent has declined More new MBA hires on avg. per firm Class of 2013 graduates with early job offers across graduate management degree programs
9 Job Market Improving Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
10 Not only more companies hiring, they expect to hire more MBAs Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
11 Student s Finding Jobs in 2013 and Up from Five Years Ago Source: GMAC (2013) Job Search, Global Management Education Graduate Survey.
12 Hiring Plans by Region: Asia Pacific & Europe Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
13 Hiring Plans for US Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
14 Importance of Management Degree in Workforce in 2013 Business hires sought with organizational goals for efficiency or growth Increase in expected salaries and premium vs. bachelor s talent Grads report gains in post-degree salary vs. pre-degree salary
15 Corporate Goals NEW Geographies Customers Products & Services FOCUS ON Reducing Costs Econ. Challenges Improving Productivity
16 Corporate Goals for 2013
17 Increased US Salaries for New MBA Hires Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
18 Premium Paid to Business Talent Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
19 Boost from Pre Degree Salary Source: GMAC (2013) Job Search, Global Management Education Graduate Survey.
20 Salary Boost: World Bank Income Categories Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey. Source: GMAC (2013) Job Search, Global Management Education Graduate Survey.
21 Business Degrees Provide New Career Opportunities and Confidence Growth in global hiring demand from new industries Employers seek to place new business hires in international locations Students with early job offers in non-traditional industries Students express confidence in job market and career outlook
22 Growth in Global Hiring Demand from New Industries Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey. *Industry abbreviations: C = consulting, E/U = energy/utilities, F/A = finance/accounting, H/P = health care/pharmaceuticals, T = technology, M = manufacturing, G/N = government/nonprofit, and P/S = products/services.
23 Job Mobility Of the employers that plan to hire MBA and business master s graduates in 2013, 33% plan to place some new graduates in jobs outside of the home region of the recruiter. Source: GMAC (2013) Hiring Report, Corporate Recruiters Survey.
24 More students seeking jobs in nontraditional industries had early job offers Source: GMAC (2013) Job Search, Global Management Education Graduate Survey.
25 Confidence in the Job Market Source: GMAC (2013) Job Search, Global Management Education Graduate Survey.
26 2013 Themes Wrap Up 1. Job Market Improving for Global B-School Talent 2. Importance of Management Degree in Workforce 3. New career opportunities and confidence.
27 Contact Us Media Contact: Tracey Briggs Visit: Explore Research:
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