A few weeks back, there were reports of the decrease in MBA enrollment nationwide. Because of this negative trend, supposedly top business schools have relaxed their admissions standards. Now, there are reports of a significant rise in job opportunities for MBA graduates. This could actually turn things around for MBA enrollment and may also tighten business school standards again. Managing director of London-based Quacquarelli Symonds, Nunzio Quacquarelli, says that the downward turn for MBA graduate hiring is short-lived. Now, the MBA job market is pretty robust again.
A general positive turn?
The trend on MBA job market increase is worldwide. However, there are some areas that best experience the positive turn. For example, Russia is experiencing a 22 percent rise in the MBA job market. That is pretty good compared to the United States’ 9 percent rise this year after a hard fall in 2009. What is important though is that both countries are experiencing a good turn for MBA graduates. As for salaries, European companies offer the best ones, accompanying the positive rise in the MBA job market.
Effect on the MBA graduate enrollment and admissions
The rise in the MBA job market should help in encouraging more enrollees to the top business school list. They will want to take advantage of the current trend while it lasts.
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