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Employers expect to hire more MBAs this year than 2009, says GMAC survey
, 10 Feb 2010 1705 hrs IST
Seventy percent of MBA employers polled recently by the Graduate Management Admission Council (GMAC), the owner of GMAT,
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Seventy percent of MBA employers polled recently by the Graduate Management Admission Council (GMAC), the owner of GMAT, expect 2010 to bring relief from the difficult conditions that defined the business climate in 2009. As a result, the uncertainty surrounding many companies’ hiring plans may begin to dissipate as the year progresses, according to GMAC researchers. The survey was done at global level.
More than a third of employers participating in the poll conducted by GMAC said they plan to hire more recent MBA graduates in 2010 than they did in 2009, when many employers scaled back plans to hire MBAs and other recent graduates because of the rough situation. Another 45 percent plan to hire the same number of recent MBA graduates this year. Just 20 percent of the employers said they expect to reduce MBA hiring in 2010.
Despite their optimism, many employers are waiting for signs of a sustained recovery before implementing their hiring plans, according to the poll. More than 25 percent of participating employers who intend to hire recent MBA graduates this year had not solidified those plans or did not know how many positions they would need to fill when the poll was conducted during the closing weeks of 2009. Another 10 percent of the respondents indicated that salary levels for these future employees had not yet been determined. Employers were also unsure about their hiring plans for people with other types of graduate management degrees.
The poll, conducted from November 4 through November 18, garnered responses from 317 recruiters at 287 companies globally that hire people with graduate management degrees.
Read related news here:
MBA students expect Placements 2010 to be much better than last year
http://www.mbauniverse.com/campusinner.php?id=2814
Stay tuned to MBAUniverse.com for more MBA Placement trend articles!
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