MBAs Holding the Cards This Recruiting Season

Freshly-minted MBAs are graduating into the best job market since the last market peak. U Chicago estimates that 2006 grads will pull down 4% more than last year’s class, with median starting salaries of around $95,000. What’s more, a higher percentage of graduating MBAs already have a job than in past and many received multiple job offers. Things ain’t like they were though in the late-90’s: “Never again are we going to see the irrational exuberance of the dot-com era,” said David A. Wilson, president and CEO of the Graduate Management Admission Council says. “There was nothing real about those salaries or the stock market in those years.”
Puffed-Up Paychecks for MBAs [Business Week]

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