In December 2014, AACSB International launched a new data collection initiative combining data sections from AACSB and MBA Career Services and Employer Alliance into a single survey to enhance the types of information available about employment outcomes for students receiving degrees in a business or management field. For this pilot year of the survey, 193 AACSB member schools provided data on employment outcomes, broken down by education level and by selected degree titles, such as the MBA. The tables and graphs below share a first look at some of the preliminary data based on the questions asked in the AACSB International sections of the survey.
Which Education Levels Were Offered?
The Master’s-Generalist/MBA equivalent education level was the most commonly offered by the participating schools, with 95.2 percent of schools offering at least one degree program at this level. The Undergraduate was the next most common level, with 86.8 percent of participating schools offering at least one undergraduate degree program.
What Percentage of MBA Graduates Were Seeking Employment?
Taking a look at a specific degree within the Master’s-Generalist/MBA Equivalent education level, schools were asked to break out the information for graduates from their MBA degree programs. For the 139 schools that provided information about whether their MBA graduates were seeking employment, the data show that over 60 percent of the total graduating class intended to put their MBA degree to use by seeking new employment. Of those who were not seeking new employment, the most common reason cited was being currently employed, suggesting that even students who were not intending to change jobs valued obtaining their MBA degree.
What Percentage of MBA Graduates Who Were Seeking Employment Accepted Positions?
With 60.5 percent of MBA graduates reported as seeking employment, the next question was naturally to see how many of those were successful in finding a position. Based on those seeking employment, 65.1 percent had accepted employment by the time of graduation. That number climbed to 83.4 percent of graduates who accepted employment within three months after their graduation date.
Additional reports and data from the BSQ Employment Module—AACSB and MBA CSEA sections—will be released over the coming months by both AACSB International and MBA Career Services and Employer Alliance. For more information about reports and data available, please email firstname.lastname@example.org for AACSB International data requests and email@example.com for MBA CSEA data requests.
[This content is also available in eNEWSLINE, June 2015.]