The business school graduation season is almost over, and we offer our congratulations to the Class of 2015 along with some good news: today’s job market for freshly minted MBAs is the most promising it has been in more than ten years. Last week, Bloomberg Businessweek examined the Graduate Management Admission Council’s annual survey of corporate recruiters, which recently gathered information from more than 700 employers in nearly 50 countries. The desire to hire recent MBAs is on the rise, as the percentage of companies expressing plans to do so climbed from 74% in 2014 to 84% in 2015. In 2009, that number was only 50%.
Recent graduates in the United States appear to be even luckier than their international counterparts—a notable 90% of U.S.employers expressed interest in hiring newly graduated MBAs this year, while only 75% of employers in Latin America and Asia reported similar plans, and 56% did so in Europe. In addition, the median starting salary for new MBAs has risen steadily, from $82,000 in 2006 to this year’s $100,000. You can view all of the survey results here.