Good news for MBAs and those currently attending a top-ranked graduate business school: MBA hiring is up across the board.
* yes, job "board" pun intended.
In general, MBA Focus saw a 65% increase in MBA jobs over the past year (2011 vs 2010). This increase is based on the number of MBA-required and MBA-preferred jobs on the graduate business school job boards powered by MBA Focus' Global Talent System. This includes schools like Columbia, Cornell's Johnson School, Harvard Business School, MIT – Sloan, Kellogg, Stanford GSB, UC Berkeley – Haas, Chicago's Booth School of Business and more.
But MBA hiring has prospered in some industries more than others, including a 440% increase in agribusiness and multiple technology industries with more than a 10% increase.
Here is the complete breakdown:
- 1. Agribusiness 440.00%
- 2. Engineering Services 172.73%
- 3. Manufacturing 171.43%
- 4. Financial - Insurance 139.53%
- 5. Nonprofits & Social Enterprises 107.14%
- 6. Advertising - Advertising / Marketing Services 100.00%
- 7. Financial - General 84.00%
- 8. Consumer Products - Beverages / Food 80.70%
- 9. Consumer Products - Tobacco / Alcohol 79.17%
- 10. Consulting - General 72.22%
- 11. Automotive 57.14%
- 12. Tech - Equipment / Hardware / Networking 51.85%
- 13. Telecom - General 46.67%
- 14. Financial - Commercial Banking 44.00%
- 15. Media - General 40.00%
- 16. Financial - Investment Management 36.36%
- 17. Consulting - Gas and Oil 33.33%
- 18. Manufacturing - Heavy Equipment 31.58%
- 19. Financial - Investment Banking / Brokerage 28.13%
- 20. Media - Radio / TV / Cable / Film 27.27%
- 21. Tech - Multimedia Products & Services 27.03%
- 22. Financial 26.09%
- 23. Tech - Other 18.75%
- 24. Tech - Software 17.27%
- 25. Tech - Internet Services / E-Commerce 15.83%
And here are the top ten industries that have actually slowed their MBA hiring:
- 1. Manufacturing - General -46.15%
- 2. Accounting -48.89%
- 3. Manufacturing - Plastics / Rubber -50.00%
- 4. Pharmaceutical - Manufacturers -50.00%
- 5. Manufacturing - Packaging -52.08%
- 6. Consumer Products - Household / Personal -52.27%
- 7. Consumer Products - Apparel / Textiles -58.49%
- 8. Healthcare - Medical Devices -60.42%
- 9. Consumer Products - Other -63.86%
- 10. Healthcare - Biotechnology -66.67%
Want to more about the current MBA job market? Contact us with any inquiries or connect with us on Facebook, Twitter, and LinkedIn. The team at MBA Focus has over 100 years combined experience in MBA recruiting – making us the premier thought leader and expert source for knowledge on the subject. Our expertise combined with the information in our database allows us to publish annual reports and articles on the industry. These documents offer valuable information and insight for anyone interested in the MBA recruitment process.
Source: Data is from jobs distributed to MBAs at our partner schools.
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