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ERIC Number: ED540695
Record Type: Non-Journal
Publication Date: 2011
Pages: 28
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Corporate Recruiters Survey, 2011. Survey Report
Edgington, Rachel
Graduate Management Admission Council
In this report, the Graduate Management Admission Council[R] (GMAC[R]) presents the results from the 2011 Corporate Recruiters Survey. Conducted annually since 2001, this survey examines the job outlook for recent graduate business students as well as employer needs and expectations. The objectives of this study are to obtain a picture of the current employment landscape, gauge the demand for master's-level business graduates, better understand employer needs, and provide insight into hiring practices and trends across industries and world regions. Responses to this 10th annual survey of graduate business student employers were collected from mid-February to mid-March 2011. Data reflect the responses of 1,509 participants representing 905 companies in 51 countries worldwide. Respondents in the United States represent firms in 40 states plus the District of Columbia. This broad representation of the employer spectrum was possible through the efforts of the 127 business schools in 34 countries worldwide that facilitated the survey administration. Key findings include: (1) The post-recession recovery is gaining momentum as companies turn more toward growth and focus less on overcoming economic challenges and reducing costs; (2) Globally, more companies are hiring and the average number of new hires is expected to increase in 2011; (3) Along with an expected increase in the proportion of companies hiring recent MBA graduates, there is also a slight increase in companies recruiting on campus--68 percent in 2011 compared to 64 percent in 2010; (4) The number one criterion that employers use in their decision to recruit at a school is the quality of its students; and (5) Three compensation trends further point toward a positive hiring outlook for 2011--year-on-year growth, equalization of pay across world regions, and the differential in salary offered to those with a graduate business degree versus those with a bachelor's degree. (Contains 4 tables, 27 figures and 4 footnotes.)
Graduate Management Admission Council. 11921 Freedom Drive Suite 300, Reston, VA 20190. Tel: 866-505-6559; Tel: 703-668-9600; Fax: 703-668-9601; e-mail: customercare@gmac.com; Web site: http://www.gmac.com
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Graduate Management Admission Council (GMAC)