Top B-school graduates beat all odds, get jobs

When we were in the midst of the economic crisis – the worst in history – many a fingers were pointed at top global business schools in the world for failing to develop good management leaders.

The intellectuals debated if these schools, which charged hefty fees and claimed to produce the best minds in the world, were responsible for bringing down the financial system single handedly.

But, memory is short lived, as fresh graduates from top B-schools are being snapped up by the corporate world.

The latest figures released today by London Business School (one of the most prestigious business schools in the world) prove that graduates from such schools are a stubbornly lucrative lot.

The B-school figures show that 92 per cent of this year’s MBA graduates found employment within three months of leaving school.

“The school’s MBA employment report shows another strong year for the school’s MBA graduates who have secured full-time employment – of those, 33 per cent took up consulting sector roles, 32 per cent went into finance but, for the first time, the largest number (35 per cent) went into the corporate sector. London Business School also saw all of its 2013 graduates secure internships over the summer months,” said the school in a release.

“It’s great to see that, despite another tough year in the job market, our students remain highly sought after, with 92 per cent of graduates being in positions within three months of graduation,” said Fiona Sandford, Executive Director, Careers and Global Business, London Business School.

Other top schools tell a similar tale. According to FT top B-schools ranking 2012, Stanford Graduate School of Business also saw a similar percentage of students of getting employment within three months. Harvard Business School boats 93 per cent being absorbed in the job market in the said period.

According to The Economist, employers typically pay MBA graduates twice as much as those with bachelor’s degrees, and about 35 per cent more than those who earn Master of Finance degrees.

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