Recruiting

MBA grads from the Insead Business School had fewer problems than feared when it came to their job search. 74 percent already had a job offer one month after graduation. Job preferences, however, shifted significantly.

As business schools in the US and Europe are still struggling to find good jobs for their MBA graduates, the S.P. Jain Institute of Management and Research (SPJIMR) in Mumbai, India, reports a 100% placement of its graduates.

According to the Fall 2009 survey of the MBA Career Services Council the ongoing economic malaise continues to limit overall on-campus recruiting opportunities for new MBAs. However, despite decreased recruiting activity across several key sectors, the findings also show increasing MBA recruiting in other areas of the economy. These mixed results are reflected in the expectations of Career Services Directors, the majority of whom predict growth in total job opportunities in 2010.

Instead of bemoaning their decreased domestic job opportunities, many recent MBA graduates are looking for work abroad, Newsweek reports.

Networking is more than having a hefty collection of business cards and attending A-list parties. Heidi Roizen has been a Silicon Valley CEO, a venture capitalist, and a corporate board member but “the homework never ends,” she told Stanford Graduate School of Business students.

German Human Resources managers are still having a hard time with the MBA and programs from business schools. Ignorance continues to dominate in many Human Resources departments. Now there is a new association for HR managers with a new magazine, but it still treats the MBA with ignorance with its “Career turbo MBA” article.

Those were the days: MBA students did an internship and returned to campus for their second year with a neat full-time job in their pocket. Those days are definitely over. Numbers of recruiters who are visiting business schools have dropped significantly. And those who still come have less jobs on offer. Business schools are starting new partnership – on the internet, where else?

In the US, business schools report as much as a fifty per cent drop in financial sector hiring, due to the global financial crisis and to the disappearance of institutions such as Lehman Brothers and Bear Stearns. North of the Canadian border, though, the financial sector’s job market did not falter like it did in the US.

MBA & Company, a London based start-up working since May 2009, is a handy resource for companies in search of MBA trained talent for outsourced project based work. The database of the service firm contains a “couple of thousand” experienced candidates from the world’s leading business schools, claims Daniel Callaghan, founder and Managing Director of MBA & Company.

Employers continue to place a high premium on MBA graduates even as they sharply curtail their recruiting plans, according to new research from the Graduate Management Admission Council (GMAC) and the European Foundation for Management Development (EFMD).

“In the next ten years the topic of human resources will become at least as important to companies as their financial and strategy development. Companies have to acquire new talent.”

SAP, Europe’s largest software company, has announced a complete hiring freeze and is continuing to recruit MBA graduates.

Despite a credit crisis and mass lay-offs at banks, the leading business schools haven’t yet to perceive a need for grave caution in recruiting activities. But that could soon change, as a survey of four top schools shows.

BMW is the most favorite German employer for European MBA students, followed by Porsche and Adidas. At least these are the results of a survey by Universum Communications. The methodology however poses many questions.

According to a survey of personnel consultants, medium-sized companies prefer managers with an MBA degree. The survey as well as the result, however, begs several questions.

The big consulting companies showed a clear reluctance to recruit graduates of German MBA programs a year ago, but since then their interest has clearly increased. The biggest about-turn was made by McKinsey.