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5. LONG TERM MBA RECRUITMENT TRENDS

REACHING A NEW PEAK

The MBA (Master of Business Administration) is a graduate management degree, which prepares professionals for management responsibility. It is one of the best-known degrees
in the world, with more people taking it than any other postgraduate course. Deciding to take an MBA is a crucial step in an individual's career.

A growing number of companies around the world see a top MBA as an essential management entry-level qualification. Without an MBA, it is almost impossible to become an analyst at a leading investment bank, or a senior consultant at a top consultancy. On recent trends, it is also becoming common for business development and technology managers to take an MBA to help reach the next step in their career.

Dee Clark, MBA Recruitment Manager at Goldman Sachs (London), says, "We recruit MBAs to develop future leaders and Directors, add value and strategic thinking, diversity, international experience and networks."

Jacinta Low of OCBC Bank, Singapore, says, "We view MBAs as our pipeline of future leaders. As MBA graduates, they are expected to accelerate their learning and contribute to the organisation quickly. Their work experience makes them a more stable and mature workforce, compared with fresh undergraduates."

For the consulting sector, MBAs are a source of "smart people who can think strategically and in a structured manner" according to Mithran Doraisamy, Ernst & Young. John Fraser, Principal at Fraser Dawson Management Consultancy, adds, "A good MBA will enhance the student's business awareness (particularly of areas in which they don't have direct experience) and, thus, should improve their contribution to a subsequent employer."

More and more industrial companies are also recruiting MBAs, from a broader number of business schools than ever before. Some are looking for a skills match - Daniela Grienwald of Hilti Corporation, an industrial holding group in Europe says, "The combination of a technical study background, relevant work experience and an MBA makes a good fit for companies like Hilti." Others, like William Grant Johnston at GE, are looking for raw talent, "Experience and educational pedigree, backed up with exposure to a wide variety of life and business experiences."

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Back to Index TopMBA.com International MBA Recruitment Report 2007

Source: -
QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2007
© QS Quacquarelli Symonds Ltd. 2007
Website: www.topmba.com