Better job prospects, pay for fresh MBAs this year: Survey

NEW DELHI: This year promises better job prospects for business school graduates compared with 2015, according to an annual survey conducted by the Graduate Management Admission Council (GMAC). Also, more than half (56%) of employers plan to increase base salaries for new MBA hires in 2016 at or above the rate of inflation, and 41% will maintain 2015 salary levels. Half (50%) of employers will increase average annual base salaries for recent master's of accounting hires at or above the rate of inflation, and 50% will maintain last year's levels. The survey, '2015 Year-End Poll of Employers', says 96% of responding employers agree that hiring business school graduates creates value for their companies and 68% agree that recruiting graduates of MBA and business master's programmes is a priority in their company's hiring plans.   Agencies