MBA hiring began to strengthen in 2005 and continued to do so in 2006-2007, according to surveys focused on the hiring landscape for new business school graduates. In its annual 2007 Corporate Recruiters Survey, based on the responses of 1,382 recruiters representing 1,029 companies, the Graduate Management Admission Council (GMAC) found that companies planned to do more MBA hiring in 2007 than in 2006, as measured by planned on-campus recruiting, percentage of new hires expected to be new MBAs and other metrics. Recruiters surveyed expected to sign on 18 percent more MBA-holders in 2007 than in 2006, a larger increase than for any other type of hire.
"The heat is on for corporate recruiters," says Ronald Alsop of The Wall Street Journal. Competition for MBA graduates is so high that companies are increasing their recruiting efforts--visiting business schools earlier and more often. In the future, they're going to be looking at more candidates, too: the National Association of Colleges and Employers' (NACE) 2005 MBA Benchmark Survey notes that companies are visiting more business schools year after year.
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