There’s been a huge spike in the percentage of MBAs with job offers for $125,000 or more

JOB OFFERS - IT'S RAINING

There is more good news for MBAs, who are now more likely to see starting salaries of $125,000 or more.

Between last year and this year, there was a big jump in the number of students who reported receiving offers of more than $125,000, according to a recent survey from corporate training firm Training the Street, which polled students from 25 MBA programmes.

Of the students who said they had received a job offer, 42.6% said that offer had a base salary of $125,000 or more. Only 26.1% could make the same claim last year, which was up from 9.3% in 2013.

LSIB

The higher job offers make sense—firms are looking to hire more MBAs, according to a recent survey of company recruiters conducted by the Graduate Management Admission Council (GMAC), the group that administers the GMAT business school admissions exam. There are a number of potential reasons for the step-up in hiring: the financial sector’s strong recovery, the ongoing transformation in the power and utilities industry, and the recalibration of MBA programs to be more Silicon Valley-friendly, just to name a few.

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