This summary report features the results of the 2017 Corporate Recruiters Survey, which GMAC conducted in February and March 2017, in partnership with EFMD, the MBA Career Services and Employer Alliance (MBA CSEA), and 97 participating graduate business schools worldwide. The survey drew responses from 959 employers representing more than 628 companies in 51 countries around the globe. Two other organizations, CEMS and RelishMBA, also assisted in recruiting employer participants.
The 2017 Corporate Recruiters Survey Report examines the current hiring outlook for recent MBA and business master's graduates and offers analysis of hiring practices and trends across industries and world regions.
- Nine in 10 survey respondents (86%) plan to hire recent MBA graduates in 2017 compared with 79 percent of employers who hired them in 2016.
- Globally, 59 percent of employers plan to hire Master in Management graduates in 2017, up from 50 percent that hired them in 2016. A greater percentage of employers also plan to hire recent graduates of Master of Accounting and Master of Finance programs this year.
- Globally, more than half (52%) of employers plan to increase starting salaries for new MBA hires in 2017, either at the rate of inflation (34% of companies) or higher (18%).
- US-based employers plan to offer recent MBA graduates a median starting base salary of US$110,000 in 2017, up from a median of US$105,000 in 2016.
- Employers in Asia-Pacific, Europe, Latin America, and the U.S. will stay the course with hiring plans for international candidates, despite continued uncertainty in the US and other countries about immigration and visa policies.