According to a new study by the Graduate Management Admission Council (GMAC), earning prospects for candidates with full time MBA program in India is higher with the 80% salary increase than all full-time two year MBA graduates worldwide. Moreover , it has been known that 88% Indian employers have decided to hire MBAs in 2012. It is expected that there is huge job prospect for MBAs in the Asia –Pacific region in 2012 as 80% companies are going to hire MBA qualified candidates in future.
The survey operated by GMAC gathered responses from 5,366 graduate management students belonging to 136 business schools across the world in February & March of 2012. Around 62% MBA students in the class of 2012 had received job offer at the time of survey. Around 64% students of 2012 graduates of part-time & executive MBA programs also got offer of employment .
According to GMAC research communication director Michelle Sparkman Renz, it is visible from this statistical data that Asia is gaining a position in the global economy on account of its stimulating growth.
Besides hiring more people than US firms, companies in Asia-Pacific are also expected to place the employees outside their home region. On the other hand, European firms are giving attention to matters like critical efficiencies such as reducing costs & rising above economic challenges. US firms are expected to hire more people due to increased work pressure & goals to expand customer base.