Skip to content

THE TIMES USA

The News that Matters

Menu
  • ABOUT
  • CONTACT
  • LIFESTYLE
  • NATIONAL NEWS
  • BUSINESS
  • INTERNATIONAL NEWS
  • TECHNOLOGY
  • PRICE OF BUSINESS SHOW AUDIOS
Menu

New MBA Grads More Optimistic than a Year Ago

Posted on June 22, 2019June 24, 2019 by admin

A new survey suggests that MBA graduates at top business schools are extremely confident about their job prospects. Nearly three quarters (72.4%) of MBAs report feeling either very or somewhat optimistic about employment opportunities compared to a year ago.

That is one of the key findings of the 11th annual Training The Street (TTS) MBA Employment Survey, which is conducted at the nation’s top business schools.

The survey also shows that student debt is a key concern even for high earners going to Wall Street. More than half of those surveyed (56.2%) said the ability to pay back their student loans would affect the type of job they plan to accept, indicating that even MBAs, many of whom will be starting out with salaries in excess of $125,000 (42% of survey respondents), are concerned about student debt.

“The US economy is strong, unemployment is near an all-time low, and that’s fueling a tremendous sense of optimism among MBAs,” said Scott Rostan, founder and CEO of Training The Street, the leading corporate training provider for Wall Street firms and top-tier business schools. “But MBAs also realize that even with strong salary prospects, student loans can be onerous. Choosing the best career path to help pay those loans off is an important priority.”

Other findings suggest that a traditional Wall Street career at an investment banking firm may be a temporary choice. Only 29% of respondents expect to be at bulge bracket or boutique advisory firms in five years. In contrast, nearly three quarters of respondents (71.5%) expect to be working in private equity, venture capital, at hedge funds, or in a corporate or industry position in five years.

While salary and financial concerns are top of mind, MBAs are also focused on long-term career goals. In evaluating the most important factors when selecting an employer, 73.6% of respondents cited career growth opportunities as their number one priority. Second highest in consideration was salary at 59%.

Workplace culture is also important. In deciding on potential employers, culture came in third after growth opportunities and salary, with nearly half (49.6%) of current students listing it as a priority.

“Financial decisions are framing the beginning of a financial services career,” said Mr. Rostan.  “But culture and career path are also paramount. Traditional Wall Street firms have an opportunity to retain talent, especially as they continue to evolve their cultures and provide career growth opportunities in what is a highly competitive environment.”

You Might Also Like...

  • In Spite Concerns, Manufacturing Industry Remains Optimistic

    Eight out of 10 U.S. manufacturers expect to grow sales this year, buoyed by their…

  • 2018 Was a Record Year for This Type of Tragedy

    Tragically, more children died in hot cars in the United States in 2018 than any…

  • Talent Trends Data Shows Strong Global Outlook for the New Year

    C-suite and human capital leaders surveyed around the world continue to feel positive about their…

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIDEO: This Week’s Best of our Network

https://www.thetimesusa.com/wp-content/uploads/2022/05/Newsweek-Editor-on-Politicization-of-Buffalo-Tragedy-and-More-5_23_22.mp4

GDPR Compliance

USABR does not collect data on its visitors.  For more information visit: https://www.usabusinessradio.com/contact-us/

Contact

Contact articles@usabusinessradio.net for more information on articles on this site. BMuyco@usabusinessradio.net for all other information.

Recent Articles

  • A “Defensive Posture” in Finance is Not Sticking Your Head in The Sand
  • Clinic for Family Dentistry in Mattapan: How To Find One?
  • Why Digital Marketing Is Now the Go-To Method of Marketing
  • 5 Things a Small Business Owner Should Know Before Scaling
  • Different Types of Legal Fees Charged by Lawyers

The Secret to Making New Rich Books Work

The Secret to Making New Rich Books Work

Also in TTUSA

  • The Inspirational Story of Restoration After Rejection
  • Best 1 Dollar Bet Slot Machines | Double win in the casino
  • Mandalay Bay Casino Vegas – How to open a keyless slot machine
  • Tricks To Win At Roulette | Slot machine legislation: the rules of slots
  • Hollywood Casino Tickets – Play the slot machine without a deposit

RSS The Daily Blaze

  • The Importance of Using Social Media Platforms To Improve Business and Website Traffic
  • Have You Installed the Vingo App? Open a Free Account Today
  • Famed Defense Attorney Looks at the “State of Texas vs. Melissa”
  • Powerful Habits To Become A Better Version Of Yourself 
  • A Guide to Decorating Your Wedding Venue (4 Vital Things to Remember)

The Leader in Business News

The Leader in Business News

RSS USA Business Radio

  • Cody Willard on How to Navigate a Dicey Stockmarket
  • Newsweek Editor on Politicization of Buffalo Tragedy and More
  • EPIC Software-as-a-Service – A Consumption Model for Healthcare Providers
  • US Stock Market Moving Rapidly to a Bear Market
  • Thought Leaders Find Book Publishing a Powerful Tool

RSS USA Daily Times

  • Journey to Becoming a Millionaire Begins in Your Mind
  • Chris Miles’ New Commentary Feature on Price of Business Digital Network
  • 6 Ways You Can’t Hide Text in Files, Emails and Other Data From a Search Engine
  • What to Do When Your Health Insurance Won’t Cover a Treatment
  • Post Reporter on Disaster Relief Disparity in Texas

RSS USA Daily Chronicles.

  • The Significance of the Leaked Dobbs Supreme Court Draft Opinion
  • Technology Has Improved the Way That We Play Online Games
  • Is Now a Good Time to Sell a Business?
  • The Impact of the Roe vs. Wade Overturning Might Have Could Surprise People
  • Barbara Comstock Assess the Political Primary Season

RSS Price of Business

  • Cody Willard on How to Navigate a Dicey Stockmarket
  • The Significance of the Leaked Dobbs Supreme Court Draft Opinion
  • Making Effective Strategic Decisions
  • Walk Through Guide to Buying a Dog Bed
  • Damon Becnel Shares 5 Reasons Startups Fail and How To Avoid It

RSS US Daily Review

  • How Texas Is Looking To Provide More Mental Health Providers Into the Education System
  • Sen. Manchin Joins GOP in Blasting Biden’s Interior Secretary
  • The Benefits of IT Staff Augmentation Services
  • Handgun vs. Pistol: What’s Best for Self-Defense?
  • The “Tax Cuts Causes Inflation Argument” is Old and Requires Examination

PoB Digital Network

US Daily Review

USA Business Radio

USA Daily Chronicles

USA Daily Times

The Daily Blaze

The Times USA

Price of Business

© 2022 THE TIMES USA | Powered by Superbs Personal Blog theme