Magazine article Black Issues in Higher Education

Noteworthy News: Job Outlook for MBA Grads Shows Signs of Recovery

Magazine article Black Issues in Higher Education

Noteworthy News: Job Outlook for MBA Grads Shows Signs of Recovery

Article excerpt

The job market for this year's crop of MBA graduates is showing signs of improvement, according to the MBA Career Services Council (MBACSC).

Data from a survey of 56 business school career centers conducted by the MBACSC, an association of university MBA career services professionals, demonstrates that current recruiting for summer internships is noticeably higher than last fall's bleak recruitment period for graduating students.

"This study echoes comments made last year by corporate recruiters expecting to refill their talent pipelines with summer interns," says Ken Keeley, director of Carnegie Mellon University's Career Opportunities Center, which serves the school's MBA students. "Our prediction is that the trend will continue into the next recruitment season in the fall of 2002."

Mel Penn, president of the MBACSC and corporate relations executive at the University of Oklahoma Price College of Business, added, "MBA students should be encouraged by this information. While the study confirmed anecdotal speculations that current recruiting (winter/spring) is down from last year, the decrease is not as dramatic as it was from the fall 2000 to the fall 2001. …

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