11/10/2024
Poets & Quants report that MBAs are the new hot topic for graduate recruiters—but why now?
International MBA degree courses are enjoying something of a renaissance. For candidates looking to enhance business skillsets and sharpen their leadership abilities, there’s no better choice. But why are so many companies looking for International MBA graduates? And how has IE Business School gained a competitive advantage over other institutions?
The fascinating resurgence of MBA degree courses
Modern times demand adaptability. The workplace is subject to new technologies, geopolitical instability, globalized communication and environmental issues. Industry leaders therefore need to be able to think outside the box—which makes technological competence and strategic education a must.
That’s where MBA degree courses find their forte. Employers are now focusing their recruitment on graduates with elite education in leadership. This newfound dominance of MBA graduates is underlined in a recent report by LinkedIn.
“The percentage of senior leaders hired each year with an MBA degree has increased by 25% globally since 2010,” LinkedIn reports. “The percentage of entrepreneurs with the degree has increased even more: surging 45% over the same time period.”
According to Poets and Quants, the MBA’s popularity is owed to its newfound accessibility. Adaptable course plans make them perfect for the modern professional, particuarly the Online MBA. The cream of the crop, however, is the full-time, residential MBA—and employers are very aware of this.
How MBA career paths and salaries are eclipsing those of competitors
It’s not just employers benefiting from the MBA. Graduates’ quality of life post-degree is far greater than those without. According to the Graduate Management Admission Council, the average starting salary for an MBA holder in 2021 was between 22% and 40% higher than those with a bachelor’s degree.
Our Careers and Employment Review found that full-time MBA students saw median earnings increase in 2022. What’s more, 71% of corporate recruiters state that MBA graduates earn more. And there’s been a sharp rise in the percentage of companies hiring MBA graduates; 92% in 2022 compared to 71% of companies in 2012. The outlook for MBA holders has clearly never been better—and it’s set to improve over the next five years.
“IE Business School offers the options you need to specialize and take advantage of the courses that best match your interests, and the International MBA specifically is flexible and customizable,” Rodrigo Lazarte, International MBA Graduate.
The proof is in the pudding with graduate satisfaction. 85% of full-time MBA students rated their program as “good to outstanding”—a record high. Business school graduates can now refocus their career in ways they couldn’t before, gaining access to MBA career paths and salaries that were previously unattainable.
Access one of the best MBA degree courses in Europe with IE Business School
Today’s market demands you go above and beyond when seeking an MBA. Degree courses at IE Business School are focused on bringing the best out of you as an individual and unlocking your future—which is what sets us apart from the rest. Our International MBA equips students with a truly entrepreneurial skillset, offering a program filled with customizable content.
Fully residential and based in the financial center of Madrid, our International MBA gives students the chance to work with real companies as part of the lab period. You can also complete an internship, along with the Global Immersion month in which students visit international companies and partner universities. If you want to further your cultural outlook and study abroad in Europe and beyond, the program is extendable for six months. Finally, you’ll have a competitive edge when combining your International MBA with another program for a dual degree. Graduates go on to work in fields including finance, law, business analytics, talent development and real estate development.
“Studying the International MBA was one of the best gifts I have ever given to myself in regard to experience, people and learning,” Aida Risvo, International MBA graduate.
We’re confident we can make the best of you at IE Business School. You’ll be part of a successful community of over 70 nationalities; 95% of graduates get a job within three months of completing the program. Add that we’re ranked as one of the best international business schools, and you should be confident in us, too.
Ready to make your mark? We’d love to hear from you.
