World Recruiters showing more interest in hiring MBA students

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Corporate recruiters are planning to hire more MBA students (Masters of Business Administration), compared to last year, according to a survey by the Graduate Management Admission Council (GMAC).

The study, conducted worldwide, had surveyed 842 corporate recruiters, of whom 88% plan to hire management graduates in 2016 compared to 80% last year.

The demand for MBA graduates is high in the Asia-Pacific region, including India, with 84% employers planning to hire freshers against 73% last year. The survey has projected an increase in salary packages in this year. Globally, 54% of employers are likely to increase the salary package for MBAs at the rate of inflation.

“Some 88% of corporate recruiters who work directly with graduate business schools plan to hire recent MBA graduates in 2016, up eight percentage points from last year and 33 percentage points higher than 2010, the lowest point of the Great Recession,” GMAC said in a release…