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TopMBA.com International MBA Recruitment and Salary Report 2006
QS Research 1990-2006

Previous

Page - 17

The consulting industry had been growing at phenomenal rates for the last 20 years, becoming a $ 100 billion industry. After a temporary slowdown at the start of the new millennium, the sector is hitting new highs in 2006; the consulting market is re-entering a boom phase.

Responses to the Topmba.com International Recruiter Survey suggest that larger strategy consulting recruiters are actively seeking many new people in 2006. In addition, the professional services, technology and outsourcing firms are re-staffing their strategy departments - many of which were decimated in the downturn. Ernst & Young has announced the re-launch of its Business Advisory/Business Consultancy division with targets to grow revenues to $ 2 billion in three years.

Overcapacity in 2001 saw an MBA hiring cut back. A 38% (35%) increase in demand for MBAs in 2006 places demand ahead of 2001 levels and, based on current forecasts, demand will continue to grow.

Global-Workplace (www.global-workplace.com), the career platform for global professionals, including the community for 50 top business schools around the world, has seen the number of jobs listed on its site grow throughout the past three years. Mike Holmes from Global Workplace says, "In 2005, over 5000 consulting jobs were listed on the site, an increase of over 25% on the previous year. Consulting job listings are running well ahead of 2005, with all the major consulting firms actively hiring."

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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


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