Business School Hiring Report – GMAC 2020

Written by Graduate Management Admission Council (GMAC)

This corporate recruiters survey report provides an overview of current employer hiring demand for MBA and business master’s graduates. More specifically, it discusses how COVID-19 has impacted  this hiring demand.

Overview

The Graduate Management Admission Council (GMAC) conducts the Annual Corporate Recruiters Survey (CRS) to provide vital data for employers and business schools in understanding trends and insights on hiring, salaries, and skills of MBA and business master’s graduates. The survey is administered in partnership with the MBA CSEA, EFMD, and Highered and career services offices at participating graduate business schools worldwide.

As data collection for the 2020 CRS report was nearing a conclusion in mid-March, the COVID-19 outbreak was unfolding. On March 11, the World Health Organization
(WHO) declared the outbreak as a pandemic. Given the disruption caused by the pandemic, GMAC determined to undertake a second wave of data collection to provide more relevant insights about the impact of COVID-19.

One of the defining characteristics of the pandemic had been the persistent uncertainty as to how and when situations would come to normalcy. This also affected the ability of businesses to make informed decisions and projections. In this context, the survey still gathered 232 responses from corporate recruiters in Wave II (June 17-July 17, 2020). Wave I (February 17-March 17, 2020) of the survey received 712 responses. More details are available under the methodology section along with the respondent profile.

Click here to read more.

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