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Continued Growth of MBA Job Opportunities Highlights Resilience
By Tim Dhoul
Updated UpdatedQS has today released its annual look at the state of the global employment market for MBA graduates. In it, there’s a look at changes to the number of the positions on offer to MBAs in every region of the world and the type of MBA salary levels one might expect to look forward to on successful completion of the qualification.
Where have MBA employment prospects received the biggest boost?
Central to the positive global picture in this year’s report has been the rise in MBA job opportunities across North America, Asia-Pacific and Latin America – regions which remain home to the three biggest markets for MBAs; namely, the US, India and Brazil.
The scene in Europe is more mixed. Growth in Western Europe has been modest, yet has managed to outstrip predictions made in 2015. Eastern Europe, led by Russia, has had a much better year of growth but one which, conversely, doesn’t quite fulfil last year’s high expectations. The Middle East & Africa, meanwhile, strikes perhaps the report’s only truly negative note, with extremely sluggish growth. Difficult years for recruiters in the UAE and Saudi Arabia have been most keenly felt here. At this juncture, it's worth considering the extent to which difficulties afflicting the MBA hiring market in parts of Western Europe and the Middle East & Africa can be traced to their geopolitical context and the varying degrees of economic uncertainty that has come with developments in each of these regions.
Aside from Western Europe and the Middle East & Africa, the rise of MBA demand around the world over this past year has been relatively consistent – growth figures waver by no more than five percentage points from the global average in both mature and emerging markets. This showcases the qualification’s continuing appeal among employers, no matter where in the world you find yourself.
Technology offers consistency in year-on-year growth of MBA job opportunities
Are MBA salary levels on the rise?
As well as asking MBA employers how many graduates they have hired over the past year (and their hiring intentions for the year ahead) QS also asks what they pay. From their responses, we can glean that while MBA salary levels have remained largely consistent in the most mature markets of North America and Europe, there have been notable rises across those that are less established – particularly in Latin America.
For a look at which countries paid out the highest MBA salary levels across 2015/16, as well as more detailed breakdowns of changes to the employment prospects for MBA graduates in regions of interest to you, please download the report in full and for free. Within its pages, you’ll also find some insights into the skills that employers value highest and the number of years’ work experience they seek in their MBA hires.
This article was originally published in .
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Tim is a writer with a background in consumer journalism and charity communications. He trained as a journalist in the UK and holds degrees in history (BA) and Latin American studies (MA).
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