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MBA jobs in consulting are forecast to be return to record levels, with a 16% jump in demand in 2012, QS research shows.
The QS TopMBA.com Jobs and Salary Trends Report surveys thousands of MBA employers around the world each year, questioning them on their recent and future MBA recruitment plans, as well as MBA compensation levels.
In 2012, MBA graduates in the finance sector can expect average remuneration packages over US$100,000 per annum, according to the employers responding to TopMBA.com’s report.
This places consulting among the highest paying MBA employment sectors, alongside mining, aerospace and defense, electronics and high technology, and energy.
“The consulting industry has grown at a phenomenal rate for the last 20 years, becoming a US$100 billion industry,” explains Nunzio Quacquarelli, managing director of QS Quacquarelli Symonds and author of the report.
“Normally cyclical by nature, the consulting industry has defied the credit crunch and continued to grow.”
According to the report, MBA employer responses suggest that larger strategy consulting recruiters continue to defy the economic climate, seeking many fresh MBA graduates each year.
In addition, the professional services, technology and outsourcing firms are re-staffing their strategy departments. Deloitte, KPMG, Ernst & Young and Cap Gemini are all actively expanding their business advisory and consultancy divisions.
There has been a massive expansion of hiring by these companies in emerging markets, with thousands of MBAs being hired into regional hub offices in Argentina, Brazil, China and India, as well as consistent recruitment within the western economies.
Consulting Sector Set to Recruit Record Level of MBAs
By QS Contributor
Updated UpdatedMBA jobs in consulting are forecast to be return to record levels, with a 16% jump in demand in 2012, QS research shows.
The QS TopMBA.com Jobs and Salary Trends Report surveys thousands of MBA employers around the world each year, questioning them on their recent and future MBA recruitment plans, as well as MBA compensation levels.
In 2012, MBA graduates in the finance sector can expect average remuneration packages over US$100,000 per annum, according to the employers responding to TopMBA.com’s report.
This places consulting among the highest paying MBA employment sectors, alongside mining, aerospace and defense, electronics and high technology, and energy.
“The consulting industry has grown at a phenomenal rate for the last 20 years, becoming a US$100 billion industry,” explains Nunzio Quacquarelli, managing director of QS Quacquarelli Symonds and author of the report.
“Normally cyclical by nature, the consulting industry has defied the credit crunch and continued to grow.”
According to the report, MBA employer responses suggest that larger strategy consulting recruiters continue to defy the economic climate, seeking many fresh MBA graduates each year.
In addition, the professional services, technology and outsourcing firms are re-staffing their strategy departments. Deloitte, KPMG, Ernst & Young and Cap Gemini are all actively expanding their business advisory and consultancy divisions.
There has been a massive expansion of hiring by these companies in emerging markets, with thousands of MBAs being hired into regional hub offices in Argentina, Brazil, China and India, as well as consistent recruitment within the western economies.
This article was originally published in . It was last updated in
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