KSU is a great school in almost every respect, though business grads have taken a beating over the past few years when it comes to job placements and starting salaries. Things may soon be on the mend, however. The Wildcat 91.9 has reached out to business expert Abigail West to walk readers through some of the changes ahead — and what the school can learn from recent success stories like the stellar reviews coming out of UT-Austin. Abigail writes a lot about business school, and recently reviewed the top MBA programs of this year on her main website.
Improving Job Prospects for MBAs in the South and Midwest
An October 2012 survey of over 3,000 employers found that US companies only saw a 2% hiring growth. Employers continue to look for MBA graduates with at least three years of work experience behind them, creating a difficult market for recent graduates. Only 6.2% of respondents say they prefer those students, down from 12% in 2009. In 2012, the MBA Career Services Council found fewer schools reporting an increase in on-campus recruiting, and most of those that did reported modest increases. The struggles do not end for students who find work, either. Salaries for MBA grads have hovered around $90,000 since 2008, when the global financial collapse significantly changed the perceived value of an MBA throughout the marketplace. In the midst of these these disheartening trends, though, the University of Texas at Austin has found remarkable growth by investing in the city’s rich culture. Taking a close look at UT’s success may help other programs — including those at Kansas — pick up speed.
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