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6.2.4 Latin America & Africa

Though MBA demand in these two regions is much smaller than in other parts of the world, the relevance of the MBA is increasing. Graham Hastie comments that he is having to turn away employers from Kenya, Nigeria and even South Africa, because he does not have the right profile of candidates.
These employers are looking at smaller schools whose MBAs are likely to accept lower salaries.

Latin American companies are also reaching out to US, Spanish and other European schools to pick up the talented nationals choosing to study overseas. "There is definite movement in the market," says Guillaume Delacour, Director at Instituto de Empresa's career management centre. Many European banks now own the major Latin American Banks and they actively recruit MBAs, as do consultancies and major industrial companies. The biggest such recruiters are BBVA and Banco Santander, which have emerged as regional banking leaders in Latin America, though HSBC is not far behind. The Mexican market is very strong, but we are seeing a region-wide improvement.

6.2.5 Global Vs. Local Employers

More and more companies are global in their operations without ties to any one region. Many of these companies have recruiters with global responsibility for hiring MBAs. In total, 56 recruiters responding to our survey had global responsibility for MBA hiring.

In addition, many recruiters headquartered in one location will have responsibility for a region elsewhere. These regional and global recruiters tend to pay higher salaries and recruit larger numbers of MBAs than local employers, but these are fewer in numbers - there are far more local employers in the market for MBAs.

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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