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GMAC has also conducted a major survey of recruiters, predominantly in the US, and President, David Wilson reports, "Our research shows continued positive trends in MBA demand in 2006." He adds, "Our latest data is very encouraging. Across the board, we are seeing recruiters report increasing hiring numbers."
Wilson cautions, however, that, "there is still the need for MBAs to adopt a creative off-campus job search."

It is still a challenge for foreign students to obtain H1 visas to stay and work in the US, though recent evidence confirms that as the labour market tightens, recruiters are finding ways to hire the people they really want. As Chris Morris, Director of the Career Service at Wharton comments, "Over 60% of Wharton's international students accepted full-time positions in the United States last year."

6.2.2 Europe

Several European countries are becoming hot spots for MBA recruiting. The UK is at full employment, particularly due to the implementation of the Highly Skilled Migrant Programme, the visa regime that is favourable to MBAs of almost any nationality. Spain and Italy have growing numbers of financial and technology companies regularly recruiting MBAs, as well as a growing consulting industry. The economies of Germany and France remain sluggish, though major companies are active.

Graham Hastie of London Business School observes: "The MBA job market in Europe has transformed since 2004. We expect most students to have at least one offer, and in many cases, several offers at graduation. The prospects are outstanding for next year's class." At the current £/US dollar exchange rate, the UK is now paying the highest salaries for MBAs worldwide. Alison Edmunds of Manchester Business School says, "The banks and consultants are recruiting actively. But many industrial companies have been enticed into the MBA market in the last three years and they have enlarged the total pool of MBA employers compared to the pre-dotcom era. We are also seeing renewed activity amongst technology and telecoms companies."

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Back to Index International MBA Recruitment & Salary Report 2006

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