Graduate Management News

January 2016

The Newsletter of the Graduate Management Admission Council

Employers Signal Strong Hiring Demand for B-School Grads in 2016

More companies plan to hire and offer internship opportunities to b-school talent in 2016 compared with 2015.

GMAC Employer Poll Data

The findings from GMAC’s annual Year-End Poll of Employers reveal that a majority of responding companies (57%) are planning to expand in the coming year, and more than 2 in 3 (69%) agree that hiring MBA and specialized business master’s graduates is a priority in their companies’ 2016 hiring plans.

Employer Poll DataHiring Projected to Increase in 2016

The share of companies hiring business school graduates is projected to increase in 2016 compared with 2015 across all candidate types included in the survey analysis—MBA, Master of Accounting, and Master in Management.

Three in four employers (75%) expect to hire MBA graduates in 2016, compared with 71 percent of the same companies that hired MBA candidates in 2015. Among companies planning to hire MBAs in 2016, 85% plan to hire as many or more of them than they did in 2015.

Internship Opportunities Up for MBA Candidates

This year’s poll found that among companies that have an internship program, 73 percent offer internships to MBA candidates. Among companies that currently offer MBA internships, the vast majority (92%) plan to maintain or increase their number of MBA internship openings in 2016.

Expanded internship opportunities for MBA candidates in 2016 will likely lead to improved job search outcomes for them down the road. Among job seeking class of 2015 MBA graduates, 39 percent used their internship in their job search, yielding a full-time job offer 50 percent of the time—making it the most successful job search method analyzed in the survey.1 Additionally, 53 percent of companies surveyed last spring said they hired more than half of their MBA interns from 2014 to full-time positions.2

Survey findings of the Year-End Poll of Employers reflect responses provided by 179 recruiters from more than 159 companies of varying sizes and industry sectors, including 31 in the Fortune 500.

For more on 2016 hiring, internship opportunities, salary projections, organizational goals, and more, read the full report and press release.

[1] GMAC (2015) Global Management Education Graduate Survey.

[2] GMAC (2015) Corporate Recruiters Survey.