Graduate Management News
 
 
 
Data & Trends

Second 2003 MBA Alumni Perspectives Survey

In the September/October 2003 issue of Graduate Management News, we reported that the results of the first MBA Alumni Perspectives Survey of 2003, conducted in March, revealed that the year people graduated affected their satisfaction with their MBA degree. Whereas this finding was not great news in 2002, when graduates struggled to find employment in a tight job market, the August 2003 survey revealed that it is better news for the class of 2003, especially for alumni graduating from full-time MBA programs.

The second MBA Alumni Perspectives Survey of 2003 asked 2,622 graduates from the MBA classes of 2000 through 2003 questions about many of the same topics covered in the March survey—employment status, employer and job characteristics and satisfaction, salary, and the perceived value of the MBA degree. The second survey also covered—

  • timing of getting a job
  • number of job offers
  • promotions
  • satisfaction with MBA career services and job placement
  • satisfaction with educational choices
  • retrospective educational needs

To learn the results of this survey—including overall findings and breakdowns for all survey topics by gender, U.S. subgroups, citizenship, program type, and year of graduation— click here.

Graduates of the Class of 2003 Are Happier Customers

Survey respondents from the class of 2003 were significantly more likely than the graduates of 2001 or 2002 to get the kind of job they were looking for and to say they would strongly recommend their job to a friend. Even if some of the enthusiasm the class of 2003 expressed can be attributed to a “honeymoon period” in a new job, comparisons between the classes of 2002 and 2003 on other tangible measures, such as salary and the percentage of alumni who received three or more job offers upon graduation, show a consistent positive trend from year to year.

Respondents from Full-Time Programs Are More Satisfied with Job and Career

Alumni of full-time programs were more satisfied with their job and career progression than alumni of part-time and executive MBA programs; their salary and the number of job offers they received seem to factor into this distinction, as well. For example, 63% of alumni of full-time programs said they would decide without hesitation to take the same job, given the opportunity to decide again. In comparison, only 55% of alumni of part-time programs and 53% of executive-program (EMBA) alumni agreed to the same statement.

Also, whereas 22% of alumni of full-time programs were extremely satisfied with their career progression since leaving graduate business school, only 11% of alumni of part-time programs and 19% of EMBA alumni were extremely satisfied.

For More Information

If you would like to know more about the MBA Alumni Perspectives Survey or any other GMAC® survey, visit www.gmac.com/surveys or email research@gmac.com.

GMAC® is a registered trademark of the Graduate Management Admission Council®. All rights reserved.
GMAC
Click here to visit the gmac.com home page
Click here to Read Our Archive