2016 Corporate Recruiters Survey Report (Abstract)

Corporate Recruiters Survey Report 2016

2016 crs-cover-130x168

June 20, 2016

This summary report contains the results of the Corporate Recruiters Survey 2016, which GMAC conducted in February and March 2016, in partnership with EFMD, the MBA Career Services and Employer Alliance (MBA CSEA), and 109 participating graduate business schools worldwide. The survey drew responses from 842 employers representing more than 530 companies in 40 countries around the globe.

Overview

The Corporate Recruiters Survey Report 2016 examines the current hiring outlook for recent MBA and non-MBA business graduates and offers analysis of hiring practices and trends across industries and world regions.

In addition, the report includes findings from the General Population Employer Survey, a supplemental employer survey which GMAC conducted in February and March 2016 among a purchased sample of human resource professionals and recruiters in six countries—China, France, Germany, India, the United Kingdom, and the United States. Findings from this supplemental survey lend additional insights into general business hiring practices in the wider marketplace in countries that represent the largest markets for graduate management education in their respective regions.

Quick Facts

  • Some 88 percent of corporate recruiters who work directly with graduate business schools plan to hire recent MBA graduates in 2016, which is eight percentage points higher than last year and 33 percent higher than 2010, the lowest point in the Great Recession.
  • Regionally, more companies in Asia-Pacific and Latin America plan to hire Master in Management and Master of Finance graduates compared with 2015. A greater share of companies in Asia-Pacific, Europe, and Latin America expect to hire Master of Accounting graduates this year compared with 2015.
  • Globally, more than half (54%) of employers plan to increase starting salaries for new MBA hires in 2016, either at the rate of inflation (33% of companies) or higher (21%).
  • US-based employers plan to offer recent MBA graduates a median starting base salary of USD$105,000 in 2016, up from a median of USD$100,000 in 2015.