Tag Archives: Jobs

2012 Predictions: More Jobs and Better Salaries for MBA Grads

After a couple of years of uncertainty in the global economy and the resulting hesitancy of employers to increase hiring, a couple of recent jobs reports show that there was strong growth in the number of employers hiring MBA graduates last year in many regions. And this growth is set to continue into 2012.

The Graduate Management Admission Council (GMAC) recently released its 2011 Year-End Employers Poll, for which it surveyed 229 hiring managers at 216 companies. The findings were generally optimistic, and show that in 2012, a majority of the companies surveyed are planning to either keep hiring at levels consistent with 2011 levels or increase hiring overall. GMAC found that this trend will be especially good for business school graduates: 74% of the companies surveyed were planning on hiring MBAs in 2012, compared to just 57% last year.

The GMAC report also found that up to a third of the companies surveyed plan to increase base salaries, through raises and additional perks, in 2012.

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Interview: Torsten Wulf of HHL Leipzig

Hi there! This is the first in our series of interviews on MBA programs in Germany. Torsten Wulf directs the MBA program at HHL Leipzig, one of the top MBA programs in the country. We asked him why German business schools have taken so long to become competitive internationally.

Torsten Wulf, HHL Leipzig

Torsten Wulf (Photo: HHL Leipzig)

When will we start seeing more internationally competitive MBA programs in Germany?

I think that will happen pretty soon. We have a total of around 250 MBA programs. You have the leading schools: HHL, Mannheim, WHU in Koblenz, GISMA, ESCAP-EAP, and then you have a number of emerging ones. ESMT is doing very well right now, and I think in a couple of years they will be a major competitor because there is a lot of money behind it. Frankfurt Goethe Business School is saying that they are going to offer a full-time MBA program from next fall. A couple of the larger universities are considering setting up their own business schools, as Mannheim did. Aachen is doing that and probably Cologne will follow.

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