Human Resources

Toggle

Article

Demand for MBA grads in APAC 2nd highest in the world

HR Vendors of the Year Awards is back again for its 5th year with a fascinating gala night to celebrate the best HR vendors in Hong Kong. Winning is both an affirmation of the exceptional quality of your work in the industry and among peers. Enter Awards now
Contact us now for more details.

MBA graduates are becoming all the rage among recruiters in the region, as companies expand businesses and focus on attaining growth.

According to the 2015 Corporate Recruiters Survey by the Graduate Management Admission Council (GMAC), the demand for MBA graduates in Asia Pacific has increased by 6% in 2014 to 75% this year.

Drawing responses from 748 employers in 47 countries, the report found this increase was in line with its global findings.

More than eight of 10 (84%) of employers worldwide stated they are planning on hiring MBA graduates in 2015, compared to 74% in 2014.

Among the different regions, the demand for MBAs in APAC was one of the highest, second only to the United States (92%). Latin America was tied at 75%, while Europe followed at 56%.

“When companies express a focus on growth, it appears they return to MBA hiring,” said Sangeet Chowfla, GMAC president and CEO.

“Whereas in the past, when priorities such as managing the enterprise or cost control were foremost on a company’s agenda, employers appeared to favour hiring more specialised graduates,” he added.

ALSO READ: The best MBA programmes in the world

The report also looked into the salary packages employers plan to offer to MBA graduates in their companies.

One quarter (26%) of companies in the Asia Pacific region stated they plan to increase MBA base salaries above the rate of inflation, putting them ahead of employers in the United States and around the globe.

MBA infographics 1 MBA infographics

Image: Shutterstock



How do you know if your #learning is relevant for the #future?
Find out at the region's largest conference for HR and L&D practitioners, Learning & Development Asia, happening in September.
Register for early-bird savings now.

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.