StudyAbroad: Nearly 9 in 10 companies plan to hire MBA graduates, says GMAC survey

Globally, 86% of companies plan to hire recent MBA graduates this year, up from 79% that hired them last year, according to a new employer survey report from the Graduate Management Admission Council (GMAC). The survey shows that corporate hiring plans for this year point to robust employment opportunities for graduates of MBA and business master's programs. 

Demand for these MBA graduates is strongest in the United States and Asia-Pacific, where 9 in 10 companies plan to hire these candidates, the survey report said. 

"Despite the political uncertainty about the status of immigration and work visas in the United States and other parts of the world, companies are keen to hire graduates from this year's MBA and business master's programs, including international candidates," said Sangeet Chowfla, GMAC president, and CEO. "This signifies the value these programs create for students and the vital role their skill sets bring employers." 

At the time GMAC conducted the Corporate Recruiters Survey in early 2017, respondents in Asia-Pacific, Europe, Latin America and the United States declared their companies are staying the course with plans to hire international graduate business candidates. Overall, 59% of the survey respondents plan to hire or are willing to hire MBA and business master's graduates requiring legal documentation — a gain of seven percentage points from 2016. 

Most US companies (55%) either plan to hire (28%) or are open to hiring (27%) an international candidate in 2017 — up from 49% that had such plans last year. The technology industry in the US is the most likely to hire international business graduates this year. Half of US tech firms (50%) plan to hire such candidates in 2017—up from 27% that planned to hire them last year. 

The survey shows that data analytics expertise continues to be in high demand, and 69% of employers plan to place recent graduate business school hires into data analytics roles in 2017, just trailing marketing, business development, and finance roles — each with 71%. 

GMAC conducted the 16th annual Corporate Recruiters Survey in February and March 2017 together with survey partners EFMD and MBA Career Services & Employer Alliance (MBA CSEA), in association with 97 participating graduate business schools. 

The survey findings are based on responses from 959 employers representing more than 628 companies in 51 countries worldwide. Two additional organizations, CEMS and RelishMBA, assisted with recruitment of survey participants. 

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Study Abroad Trend Revile By PTE Survey

In a recent study conducted by Pearson for Pearson Test of English (PTE) Academic, the computer-based test of English proficiency for immigration and study abroad, Business Management and Information Technology (IT) emerged as the top two courses preferred by students of Maharashtra to study abroad.

The study of PTE Academic test takers reveals that 29.9 per cent students going abroad prefer a course in Business Management followed by Information Technology / Computer Sciences (17 per cent) and Engineering (14.8 per cent) to explore as a career avenue.

While the students continue to prefer these standard courses, there has been an interesting shift towards newer courses such as tourism and hospitality (6.8 per cent). Students are going for management courses in finance, marketing, retail and hotel industry. Furthermore, 71.5 per cent of these students apply for post-graduate courses while only 10.5 per cent opt to pursue graduate courses.

Globally, PTE Academic is accepted by thousands of academic programs in the US, UK, Canada, Singapore, Ireland, Australia and New Zealand.

The study also reveals that the students are applying across various countries, however, the top two choices for them is Australia and New Zealand. Around 47.1 per cent of applicants from Maharashtra have a strong preference to study in Australian universities followed by New Zealand at 20.2 per cent.

The PTE Academic scores are accepted when applying to migrate to Australia and New Zealand. Most recently it was accepted by Engineers Australia for migration skills assessment purposes.

Source: http://www.dailypioneer.com/

At Aliff Overseas Consultant  we offer a full suite of study abroad counselling services:

• Course and university selection
• Academic profile evaluation
• Submission of admission applications
• Visa application assistance, visa-counselling and mock-interviews
• IELTS/TOEFL training
• Pre-departure guidance and assistance in terms of private accommodation recommendations in select countries.

Get in touch with us right away to find the perfect course and university.

50 per cent of Indian graduates not fit to be hired: report

NEW DELHI:  It's the season for staggeringly high cut-offs on campus, but one that don't necessarily make the cut in the corporate world. A new survey of graduate students across the country, conducted by Aspiring Minds says that more than half of them are not fit to be hired.

India produces 50 lakh graduates every year. Experts say with poor English language skills, computer training and analytical ability, making the cut from the classroom to the boardroom is not easy.

Himanshu Aggarwal, Co-Founder and CEO, Aspiring Minds says, "Our education system continues to be put down by the rote learning concepts. These rote learning concepts are not training people for functional skills who are going to be deployed into the industry in a more readily fashion without any extensive training." 

The survey also says women seem to be better candidates to be hired in most categories surveyed. And metros are still way ahead of non-metro cities in terms of skill sets.

Dr. Pradyuman Kumar, Principal of Hindu College, Delhi says, "Degrees are given for the sake of being given. The curriculum should be designed in such a way that it ensures more employability. We need more interaction between the students and the industry."

"I'm not in anyway ridiculing or undermining the importance of cognitive and technical ability. All I'm suggesting is a balanced approach where education is more holistic, more interdisciplinary and really new student centric or learner centric rather than teacher centric. We still produce are amongst the best in the world," says Nishchae Suri, Partner and Head of People and Change at KPMG.

The results of the survey though indicative, they could be a starting point for how we view not just our education setup but our corporate outlook. Some suggest that employment needs to be viewed as a two way highway, where both sides have some distance to go before they can arrive at their destinations. source ndtv.com

At Aliff Overseas Consultant  we offer a full suite of study abroad counselling services:

• Course and university selection
• Academic profile evaluation
• Submission of admission applications
• Visa application assistance, visa-counselling and mock-interviews
• IELTS/TOEFL training
• Pre-departure guidance and assistance in terms of private accommodation recommendations in select countries.

Get in touch with us right away to find the perfect course and university.