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Business Career Connections Resources

Key Findings from the GMAT Corporate Recruiters 2012 Survey

  • MBA Hiring Is Up Overall. Not only are more companies planning to hire recent MBAs in 2012 (79% up from 72% in 2011), but they expect to increase the number of new hires from 13 in 2011 to 17 per firm in 2012, on average. Noticeable increases are seen among companies in Asia-Pacific and the United States, while demand for MBAs among European companies remains consistent with 2011 levels.
  • Demand Has Grown for Master of Accounting. Growth is most notable in Asia-Pacific, where the percentage of companies hiring Master of Accounting graduates is 54 percent in 2012, up from 38 percent in 2011. Among US companies the percentage planning to hire Master of Accounting talent increased to 28 percent from 23 percent in 2011. Meanwhile, European companies reported a drop in demand for these graduates, but the percentage expecting to hire Master of Accounting talent is still relatively high at 35 percent. New graduates from Master of Accounting programs are in especially high demand among large and mid-sized companies.  
  • Small Companies Are Seeking MBA and Master-Level Hires. Small companies (those with fewer than 1,000 employees) account for the largest proportional increase in demand for MBAs. In addition, there are large increases in the proportion of smaller companies with plans to hire Master in Management and other specialized business master's graduates in 2012.    
  • New Workforce Mobility Data. Regional job placement data provide insight into where graduate business students might work beyond company headquarters. While the vast majority of job placement tends to occur in the company "home" region, those in Europe, Asia-Pacific, and Africa-Middle East are more often looking to place hires in other locations compared with US or Latin American companies.
  • Work Experience Wanted. When selecting which job candidates to interview from business schools, recruiters most often consider the candidates' previous work experience. The top three criteria include: job function, industry, and years of work experience. Furthermore, 27 percent of recruiters consider internships as a primary factor in deciding to interview a job candidate.
  • Employers Want Leadership Traits. Employers are predominately looking for new graduate business hires with leadership skills in 2012. Demonstrating leadership skills includes helping companies enhance their effectiveness, facilitate direction, innovate, and effect change.

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