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Strong candidates at smaller schools are helping to build the reputations of these schools as evidenced by the new schools appearing in the recruiter preference tables across the world. There are strong local business schools emerging in Canada, Germany, Russia, Australia, China, Japan and several other countries that may soon start to challenge the existing incumbents. The reputation of elite schools stands them in good stead around the world.

2.3 THE UPSWING OF THE BUSINESS CYCLE SHOULD HAVE SEVERAL YEARS TO RUN

The TopMBA.com Salary and Recruitment Trends Report 2006, provides extensive details on the renewed boom in MBA hiring. The MBA market has shown itself to be cyclical. Recruiter demand for Full-Time MBA hires fell back each year from 2001 to 2003, as telecoms, media, consulting and banking sectors shrank their employment numbers and cut back on new hiring. A strong recovery commenced in 2004 and by 2006, we see MBA demand exceeding the levels of 2000, and recruiters are predicting two more years of increase in hiring. By 2007, MBA demand should be 10% above the levels of 2000. This growth reflects the return to aggressive hiring by consultancies and banks, and also the increasing geographic spread of MBA employers in all sectors. We have seen an 18% increase in demand, a 7% increase in average MBA compensation in 2006.

2.4 SMALL IS BEAUTIFUL

Many small and medium-sized companies founded in the last decade by entrepreneurial MBAs have been hiring the current class at affordable salaries. It is too soon to say whether this trend will continue, as MBA salaries begin to rise again. Feedback from career services in particular suggests that alumni hiring remains an important source of new job opportunities for MBA graduates. These small businesses are lending dynamism to the current MBA hiring market. Ever more MBA alumni are returning to hire new MBAs in order to give their businesses the professional management skills necessary to progress to the next stage. In compiling this research, the researchers have benefited from access to Global-Workplace (www.global-workplace.com) that provides a recruitment platform for alumni seeking to hire from international business schools, or themselves seeking to be hired.

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Back to Index Global Recruiter's Top 100 Business Schools 2006

Source: -
QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2006
© QS Quacquarelli Symonds Ltd. 2006
Website: www.topmba.com