Poets&Quants recently released a study of job placement and salary data for the MBA class of 2013 at thirty highly ranked business schools. The website reported that a majority of the business schools surveyed had stable or improved job placement rates for 2013 graduates compared to 2012 graduates.
Surprisingly, some of the best job placement numbers came from schools with strong reputations in finance, despite the fact that Wall Street has been downsizing in recent years. 97.8% of the University of Pennsylvania’s Wharton School 2013 MBA graduates received a job offer within three months of graduating, the second highest placement rate in the study. Columbia Business School had the third highest placement rate in the study with 97.0% of graduates receiving offers. Finally, New York University’s Stern School of Business, which also has significant ties to Wall Street, had the sixth highest placement rate. 96.0% of Stern’s MBA Class of 2013 received a job offer within three months of graduating, the best rate that the school has shown in the past four years.
The Poets&Quants study suggests that the outlook for MBA graduates may be improving. 23 of the 26 schools surveyed by Poets&Quants reported that more than nine out of every ten graduates received one or more job offers within three months of graduating from business school. These numbers are a great improvement over the business school job placement rates in 2009 and 2010, during the peak of the Great Recession.
