MBA graduates “moving away” from banking sector

By: Together Abroad 15-10-2014 11:20 AM
Categories: Education news,

Business schools graduates are losing interest in investment banking and turning to consultancy and technology sectors, says The Economist.

Figures show that this trend can be seen among MBA graduates from elite business schools across the globe. The percentage of students from the University of Chicago’s Booth School of Business choosing jobs in investment banking fell from 30% in 2007 to 16% in 2014. In 2007, 46% of London Business School’s MBA graduates entered financial services but in 2013, only 28% did.

According to The Economist, about 30% of the business schools graduates apply and work in the consultancy technology industries.

MBA graduates are attracted by better career opportunities and salaries in these sectors. The technology industry percentage of recruiting MBA graduates has risen from 6% to 12 % since 2007.

By: Alba Bregasi

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