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More companies plan to hire in 2012 than did so in 2011 and at increased levels for all types of job candidates across the board, finds the 2011 Year-end Poll of Employers conducted by the Graduate Management Admission Council.

Job prospects next year for MBA candidates and graduates of specialised business master’s and management programs are encouraging. Nearly three-quarters (74%) of companies report they plan to hire MBA candidates in 2012, compared to the 58 percent of employers who hired at least one MBA candidate in 2011.

There is a noticeable increase in the percentage growth among companies planning to hire recently graduated management talent in 2012, including: MBAs (up 28%), specialised master’s in business (up 55%), and Master in Management graduates (up 42%).

The study also finds that salary projections remain strong. Nearly a third (32%) of companies planning to hire MBAs in 2012 expect to increase the annual base salary of these hires compared with 2011. In addition, 65 percent of companies plan to keep starting salaries at the same level as those offered in 2011.

About a quarter of companies planning to hire Master in Management (27%) and specialised master’s in business (26%) graduates expect to increase the annual base salary of these hires in 2012 compared with 2011.

Internships are also on the rise. The majority of companies report they offered paid internships in 2011 for all types of jobs candidates.

Sixty-nine percent (69%) of employers plan to offer paid internships to MBA students in 2012, of which, 22 percent will increase the number offered.

Meanwhile, more than half of companies plan to offer paid internships to specialised master’s in business (56%) and Master in Management (54%) students in 2012.
 

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