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MarketIntelligence
BusinessSchoolHiring,
Recruitment,andSkills
U.S.TrendsinCareerServices&EmployerPerspectives
Tableofcontents
Introduction 4
Keyfindings
6
MBAhiringtrends
8
Specializedbusinessmaster’sMBArecruitmenttrends
18
MBArecruitmenttrends
22
Skillsindemand
26
Conclusion
29
EndNotes 30
AboutGMAC
31
AboutCareerServices&EmployerAlliance
31
2GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
Introduction
Inthewakeofnewworkmodalityexpectations,persistentrecessionfears,andseeminglyexponentialadvancementsintechnology,thepastfiveyearshaveseenasignificant
evolutioninhowbusinessprogramspreparestudents
forthejobmarket.Manyinstitutionshaveadaptedtheirofferingstobetteralignwithindustryneedsandstudentpreferences.EmployershiringMBAandotherbusinessmaster’sgraduateshavealsoadaptedtheirpracticestobettermeetthechanginglandscapeandleveragethe
skillsthesegraduatesbring.ThegoalofthisresearchistoexplorehowemploymentofnewlymintedMBAandotherbusinessmaster’stalentintheUnitedStateshaschanged—andwhatitsignalsforyearstocome—fromtheperspectiveofcareerservicesprofessionalsandcorporaterecruiters.
Tothatend,thispapercombinestheuniqueperspectivesofthecareerservicesprofessionalsinthe
CareerServices
&EmployerAlliance
(CSEA,formerlyknownastheMBACareerServices&EmployerAlliance)networkwith
thoseoftheemployerswhorespondtotheGraduate
ManagementAdmissionCouncil’s(GMAC)annual
CorporateRecruitersSurvey
.Blendingtheseperspectivesoffersamoreholisticviewofthecoretopicspresentedinthisreport,includingrecentU.S.hiringtrendsofMBA
andotherbusinessmaster’stalent;changesinrecruitmenttrendsintheageofhybridworkandlearning;and
businessskillsmostindemandamongemployers.
Withthispaper’sinsights,programleadershipsuchas
deansandprogramdirectorscanenhancetheirstrategicinitiativestoadvancethesuccessoftheirschoolsand
theirstudents.Byaligningthecurriculumwithmarket
needsandincorporatingemergingtrends,theyensure
thatgraduatesarewell-preparedforthejoblandscape.Forinstance,understandingwhichskillsaremostindemandallowsthemtoadjustcoursesandtrainingaccordingly.
Furthermore,thisreportcaninformcareerservices
offices’targetedsupport—suchastailoredworkshops,
networkingevents,andrecruitmentfairsthatbetter
addressindustryandstudentdesires—andhelpidentifypotentialemployerpartnersforstrategicpartnerships
andinternshipprograms.Employerscanalsotakenoteofonandoff-campusrecruitmenttrendsandcomparetheirhiringpracticestosimilarorganizations.
Methodology
Thispaperdrawson2019-2024U.S.data
fromtheannual
CSEARecruitingTrends
Survey
andtheannual
GMACCorporate
RecruitersSurvey.
Duetotheavailability
ofdata,thispaperfocusesonlyonU.S.
programs.Likewise,greaterattentionis
paidtohiringandrecruitmenttrends
ofMBAgraduatesthanotherbusiness
master’sgraduates,thoughtheinformationaboutemployers’desiredskillsisapplicabletoallgraduatebusinessschooltalent.
RespondentstotheCSEARecruitingTrendsSurveyarecareerservicesprofessionals—individualsemployedbybusinessschoolswhoworkincareerservicesoffices.
Meanwhile,theGMACCorporateRecruitersSurveydataisrepresentativeofcorporaterecruitersandstaffingfirmswhoseek
tohireGMEgraduatesonbehalfoftheirorganizationorathird-partycompany.
Bothdatasourcesarecomplementaryin
understandingGMEemploymenttrendsbuthavevaryingresponserates.Forexample,theGMACCorporateRecruitersSurveyin
2024hadnearly1,000respondents,thoughsomecrosstabspresentedbelowresultinsamplesizeslessthan30.Somefindings
fromtheCSEAsurveyalsodropbelow
30respondents,inpartbecausetheaim
ofthesurveyislargelyintendedtooffer
insightsabouttheacademicinstitutionsofCSEAmembers.Theanalysisinthisreportwillnotewhensamplesizesdropbelow
30—ascautionshouldbewarrantedwheninterpretingresultsforsampleswithfewerthan30responses—thoughthedatacanstillbehelpfulinunderstandingasnapshotofbroadergroups.
Inaddition,severalexternalpublicationsareleveragedassecondarysources
throughoutthepapertoaddcontexttothenarrativefoundintheprimaryCSEAandGMACdataanalysis.
4GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
Keyfindings
MBAhiringtrends
MBAgraduatehiringoverthepastfiveyearshas
largelymatchedemployerexpectationsdespitea
levelingoffofjobpostingsfollowingapost-pandemichiringpeak.HealthcareandmanufacturingsectorsdemonstratethestrongesthiringplansforMBAtalentintheUnitedStates,whilemid-sizedfirmsoutpacedsmallbusinessesinhiringthesegraduates.
MBArecruitmenttrends
Nearlyallemployersareincreasingtheiruseof
virtualandAI-poweredplatformsforrecruitment,informationsessionsandinterviews,offering
greaterflexibilityandreach.However,full-time
MBAstudents’virtualcareerfairparticipation
hasdiminishedsomewhatinrecentyearsamida
resurginginterestinin-personrecruitmentactivity.
Specializedbusinessmaster’shiringtrends
Acrossdegreetypes,specializedbusinessmaster’s
graduateswerehiredbyagreatershareof
employersthanpre-pandemic2019.TheMasterof
DataAnalyticshasappealedtothemostfirmsamongnon-MBAbusinessmaster’sprogramsoverthepastfiveyears,whilejobpostingsforallU.S.specializedbusinessmaster’stalenthavebeenlargelystable
afteraninitiallevelingofffollowingapandemic-relatedpeakin2021.
Skillsindemand
Currently,employersprioritizeproblem-solving,
strategicthinking,andcommunicationskillsin
GMEgraduates.Thesecompetenciesareessentialfornavigatingcomplexbusinesschallenges,
developinglong-termplans,andensuringeffectivecollaborationwithinteams.Lookingforward,U.S.
employersareanticipatingagrowingfocuson
leadership,innovation,advancedtechnological
skills,andproficiencywithAItools.Asbusinesses
undergodigitaltransformationandintegrateAI
intotheiroperations,theabilitytodriveinnovation,managetechnologicalsolutions,andleverage
AIfordata-drivendecision-makingwillbecomeincreasinglyvaluable.
6GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
MBAhiringtrends
MBAgraduatehiringoverthepastfiveyearshaslargelymatched
employerexpectationsdespitealevelingoffofjobpostingsfollowingapost-pandemichiringpeak.
EmploymentratesforMBAgraduatesremainstrong,withtopbusinessschoolsreportingover90percent
employmentwithinthreemonthsofgraduation.1IntheUnitedStates,thevastmajorityofemployersreport
hiringMBAgraduatesasexpected,basedondatafromtheGMACCorporateRecruitersSurvey(Figure1).Inthepastyearalone,nearlytwo-thirdsofemployershiredgraduatesasexpected,thoughtherewasasmalluptickintheshareofemployerswhodidnothireMBAgraduatesatall.
Figure1:Overthepastfiveyears,amajorityofemployersreportedhiringMBAgraduatesattheratestheyexpected.
In2023,agreatershareofemployersdidnothireU.S.MBAgraduatescomparedto2022.
U.S.MBAGraduateHiringTrends,2019-2023
Source:GMACCorporateRecruitersSurvey2024
Note:GMACconductedtworoundsofCorporateRecruitersSurveysin2020(February-MarchandJune-July)tocapturechangingperspectivesandprojectionsasaresultoftheCOVID-19pandemic.
8GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
Conversely,Figure2depictsthatcareerservicesofficeshaveseenyear-over-yeardecreasesinthenumberof
jobpostingsforfull-timeU.S.MBAssinceapeakingrowthintheaftermathoftheCOVID-19pandemic(Figure2).
Whentryingtounderstandwhatappearstobedifferentrealitiesinthemarket,itisimportanttonotethat
neithertheGMACnorCSEA’ssurveydealinabsolutenumbers.GMAC’sCorporateRecruitersSurveyaskshow
employershiredagainsttheirplans,andtheCSEARecruitingTrendsSurveyaskshowjobpostingschangedfromthepreviousyear.Whatthismeansisthatemployerscouldhavebeenplanningtohirefewerfull-timeMBA
graduates,whichcouldresultinrelativelystablenumbersinGMAC’sCorporateRecruitersSurveyaswellasdecreasingjobpostingsintheCSEAsurvey.
Still,thispossibledeclineintheimmediateemploymentratesforfull-timeMBAgraduatesmayreflect
broaderchallengesinthejobmarket.Economicdownturns,suchastheimpactoftheCOVID-19pandemicandsubsequenteconomicuncertainties,haveledmanycompaniestoreducehiring.Organizationstendtobecomemoreconservativeintheirhiringpracticesduringtimesofeconomicinstability,focusingonessentialrolesandcuttingbackonnewfull-timehires.2Morespecifically,keyindustriesthattraditionallyhireMBAgraduates,likefinanceandtechnology,havefacedspecificchallenges.Forinstance,thefinancesectorhasseendecreaseddeal-makingactivitiesandjobcuts,whilethetechsectorhasexperiencedsignificantlayoffsafteraninitialhiring
surgeduringthepandemic.3Thenextsectiondigsdeeperintoindustrytrendslikethese.
2023followingapeakin2021
Figure2:Fewercareerservicesofficesreportedincreasesinfull-timeMBAjobpostingsin
In2023,amajorityofcareerservicesprofessionalsreportedyear-over-yeardecreasesinMBAjobpostings.
Full-TimeMBAJobPostings,2019-2023
Source:CSEARecruitingTrendsSurvey2024
CareerServices&EmployerAlliance|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills9
HealthcareandmanufacturingsectorshavethebiggestplanstohiremoreMBAtalent.
Knowingthatemployersaregoingtopostjobsandsethiringtrendsbasedonspecificneeds,theindustriesthatplantohirecanprovideimportantinsights.AsshowninFigure3,datafromthe2024GMACCorporateRecruitersSurveyrevealsthatinmostcases,apluralityofU.S.industriesplantohirethesameamountin2024astheydidin2023.Byindustry,themosthiringgrowthpotentialisinthehealthcareandpharmaceuticalsectorandinthemanufacturingindustry.
manufacturingandhealthcareandpharmaceuticalsectors.
Figure3:PlanstoexpandhiringofMBAsintheUnitedStatesismostconcentratedinthe
MBAhiringisleastoptimisticamongemployersintheU.S.technologyindustry.
2024HiringPlansbyIndustry
Source:GMACCorporateRecruitersSurvey2024
Note:Therewerefewerthan30responsesforemployersineachindustryexceptforfinanceandaccounting.
10GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
Notably,thehealthcareandpharmaceuticalindustriesexperiencedasignificantincreaseinhiringdrivenbytheCOVID-19pandemic,whichspurredaneedforongoingfocusoninnovationandmanagementefficiency.4
ThemanufacturingsectorhasincreasinglyadoptedautomationandAItechnologiestoimproveefficiency,
reducecosts,andenhanceproductioncapabilities.ThisshifthaslikelycreateddemandforMBAgraduateswithexpertiseintheseareastomanageandintegratethesetechnologieseffectively.
Withagreaterunderstandingofemployerplansfor2024hiring,welookedbackathowthismightfitintoa
historicalcontext.AccordingtoCSEAdata,apluralityofcareerservicesofficesreportedstablerecruitingactivity(i.e.,jobopportunities)amongmanufacturingemployersoverthepastfiveyears.TheCOVID-19pandemic
exposedvulnerabilitiesinglobalsupplychains,promptingmanufacturerstoreassessandstrengthentheirsupplychainresilienceandlikelyexplainingtheuptickinrecruitmentactivityin2021.
Altogether,thehealthcareandpharmaceuticalandmanufacturingsectorssignalincreasingdemandforMBA
talent,reflectingtheirgrowingneedsforinnovationandefficiency.Inrecentyears,themanufacturingsector
hasshownstablehiringtrends—thishistoricstability,coupledwiththesector’snewfocusonautomationandAI,highlightsasustainedneedforMBAgraduatestomanagetheseadvancements.
amongmanufacturingemployersoverthepastfiveyears.
Figure4:Apluralityofmanufacturingemployersreportedstablerecruitingactivity
Theshareofcareerservicesofficesreportingstablehiringinmanufacturingemployers’recruitmentactivityhasincreasedsince2021.
ManufacturingSectorRecruitingActivity,2019-2023
Source:CSEARecruitingTrendsSurvey2024
Note:In2019,therewerefewerthan30responsesaboutemployersinthemanufacturingsector.
CareerServices&EmployerAlliance|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills11
Mid-sizedfirmsoutpacedsmallbusinessesinhiringU.S.MBAs,thoughhiringhasbeenlargelystableregardlessofcompanysize.
Analyzinghiringtrendsbycompanysizerevealsdistinctdifferencesinrecruitmentpractices,roleexpectations,andtheworkingenvironment.Largecorporationstypicallyofferstabilityandstructuredcareerpaths;mid-sizedcompaniescanprovidedynamicgrowthandversatileroles;andsmallbusinessesandstartupsoftenpresent
entrepreneurialopportunitiesandhands-onexperience.CSEAdefinessmallfirmsasfewerthan100employees;mid-sizecompaniesasthosewith100-500employee;andlargeorganizationsasthosewithmorethan500
employees.UnderstandingthesenuanceshelpsMBAgraduatesaligntheircareergoalswiththetypeofcompanythatbestfitstheiraspirationsandskills.
12GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
SmallbusinessesandstartupsofferanentrepreneurialenvironmentthatcanbeveryattractivetoMBA
graduatesinterestedininnovationandbusinessdevelopment.ThesecompaniesoftenlookforMBAstohelp
withscalingoperations,securingfunding,andstrategicplanning.5Smallsizedorganizationsdependheavilyonpersonalnetworks,referrals,andnichejobboards.Theymayalsoleverageincubators,accelerators,andstartupeventstofindsuitablecandidates.TheCSEAsurveydataindicateshowsmallersizedorganizations—definedasfewerthan100employees—haveseenfluctuationsintheirrecruitingactivityoverthecourseofthepastfive
years(Figure5).Lookingatthemostrecentyears,however,wecanseethatthemajorityoftherecruitingactivityhasstayedthesameamongsmallbusinesses.
Figure5:In2023and2022,nearlytwo-thirdsofsmallfirmshadstablerecruitingactivity
ofMBAstudents.
Theshareofcareerservicesofficesreportingyear-over-yearincreasesinsmallfirms’recruitmentactivityin2023and
2022islessthanapeakin2021.
SmallFirmRecruitingActivity,2019-2023
Source:CSEARecruitingTrendsSurvey2024
Note:In2019,therewerefewerthan30responsesaboutemployersfromsmallfirms.
CareerServices&EmployerAlliance|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills13
Meanwhile,Figure6showsthatmid-sizedfirmsaremostlikelytodemonstratestablerecruitingactivityin2022and2023despitethefactthatfirmsatthissizeareoftenmorelikelytobeinphasesofexpansionandgrowth.
Typically,thisstagenecessitatesahighervolumeofhirestosupportstrategicinitiatives,manageincreasing
operationalcomplexities,anddrivebusinessdevelopment.Theyoffermoredefinedroleswithclearercareer
paths,makingthemattractivetoMBAcandidatesseekingstabilityandprofessionalgrowth.Thestructured
natureoftheseroles,combinedwiththefirms’abilitytooffercompetitivecompensationpackages,oftenresultinahigherrateofsuccessfulhirescomparedtosmall-sizedfirms.Thus,whilemid-sizedfirmsmayengagein
lessbroad-basedrecruitmentthansmallfirms,theirfocusedapproachandgreaterhiringcapacitycanleadtoahighernumberofactualhires.6
Figure6:In2023,morethanthree-quartersofmedium-sizedfirmshadstablerecruitingactivityofMBAstudents.
Theshareofcareerservicesofficesreportingyear-over-yearincreasesinmedium-sizedfirms’recruitmentactivityhasdeclinedsinceapeakin2021.
Mid-SizeFirmRecruitingActivity,2019-2023
Source:CSEARecruitingTrendsSurvey2024
Note:In2019,therewerefewerthan30responsesaboutemployersfrommid-sizefirms.
14GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
GMACsurveydataaffirmsatrendoflargelystablehiringacrosscompanysizes(thoughusesslightlydifferent
employeeheadcountstodefinesmall,medium,andlargecompanies).ApluralityofcompaniesregardlessofsizereportedstableMBAhiringinmostcasesoverthepastfiveyears(Figure7).Generally,ascompanysizeincreases,anorganizationismorelikelytohireMBAtalent.However,thisisnotalwaysthecase.In2023,moremid-size
andlargecompaniesreportedthattheyhiredlessMBAtalentthanexpectedcomparedto2022.Infact,morethanaquarteroflargecompanieshiredlesstalentin2023,whichisthelargestshareinafive-yearperiod.Mid-sizedcompaniesalsoedgedoutlargecompaniesintermsoftotalhiringin2023byjustapoint.
Figure7:LargefirmshaveconsistentlybeenthemostlikelytohireMBAtalentcomparedtosmallandmid-sizecompanies.
ApluralityofemployersofanysizehasgenerallyreportedstablehiringofMBAgraduatesoverthepastfiveyears.
ActualMBAHiringResultsAmongCompanies
HiredmorethanexpectedHiredasexpectedHiredlessthanexpectedDidnothire
LessThan500Employees,2019-2023With500-4,999Employees,2019-2023
MoreThan5,000Emyployees,2019-2023
Source:GMACCorporateRecruitersSurvey2024
Note:In2021,therewerefewerthan30responsesfrommid-sizedU.S.companies.
16GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
TherecruitmentandhiringdynamicsbasedoncompanysizerevealnuancedstrategiesandoutcomesintheMBAjobmarket.Small-sizedfirmstypicallyengageinextensiverecruitingeffortstoenhancetheirvisibilityandattractadiversepoolofcandidates.Theyoftenparticipateinnumerousjobfairs,activelyengagein
onlinerecruitment,andleveragepersonalnetworksandreferralstoreachpotentialhires.Consequently,their
recruitingactivitiesmightappearmorevigorousthantheiractualhiringoutcomes.7Incontrast,mid-sizedfirmstendtoadoptamoretargetedapproachtorecruitment.Theyfocusonattractingcandidateswithspecificskillsetsandexperiencelevelsthataligncloselywiththeirorganizationalneeds.Additionally,mid-sizedandlargefirmsgenerallyhavemoreresourcesandalargernumberofpositionstofill,enablingthemtohiremoreMBAsto
supporttheirgrowthandoperationaldemands.8Inotherwords,whilesmall-sizedfirmsareoftenseentoengageinbroaderrecruitingefforts,mid-sizedandlargefirmstendtoactualizemorehires—arelativelyintuitive
disparitythatcanbeattributedtodifferencesinresources,strategicapproaches,andhiringcapacities.
CareerServices&EmployerAlliance|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills17
Specializedbusinessmaster’s
hiringtrends
TotalhiringofU.S.specializedbusinessmaster’stalentishigherthanpre-pandemiclevels,andtheMasterofDataAnalyticshasappealedtothe
mostfirmsamongnon-MBAbusinessmaster’sprograms.
Graduatesofspecializedbusinessmaster’sprogramsareoftenvaluedfortheirfocusedknowledgeandskills
thataligncloselywithspecificindustryneeds.Since2019,non-MBAbusinessmaster’sgraduateswerehiredbyagreatershareofemployersacrossdegreetypes(Figure8).Relatedtothepandemic,mostofthesedegreetypessawadipintotalhiringin2021,followedbyanincreaseinhiringin2022,withasmalllevelingoffin2023.
MasterofAccountinghiringhasbeenthemoststableoverthepastfiveyears,whileMasterofDataAnalyticsgraduateshavebeenhiredbythelargestshareofemployers.
18GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
Figure8:Acrossdegreetypes,non-MBAbusinessmaster’sgraduateswerehiredbyagreatershareofemployersin2023comparedtopre-pandemic2019.
MasterofDataAnalyticsgraduateshavetypicallybeenhiredbythelargestshareofemployers.
ActualMBAHiringResultsAmongCompanies,2019-2023
HiredmorethanexpectedHiredasexpectedHiredlessthanexpectedDidnothire
MasterofAccounting
MasterofDataAnalytics
MasterinManagement
MasterofBusinessAnalytics
MasterofFinance
Source:GMACCorporateRecruitersSurvey2024
Note:GMACstartedcollectingseparateMasterofBusinessAnalyticshiringdatain2021.
CareerServices&EmployerAlliance|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills19
DatafromPurdueandothersourcesillustrateemployers’growinginterestinspecializedmaster’sdegrees.9
GraduateswithdegreeslikeaMasterofBusinessAnalyticsorMasterofFinanceareinhighdemandduetotheincreasingemphasisondata-drivendecision-makingandfinancialmanagement,especiallyincertainindustries.Thisshiftindicatesamovetowardhiringcandidateswithspecificskillsetsthatmeettechnicalandstrategic
needsinvariousindustries.
CSEAdataaffirmsthispatternamongspecialtymaster’sprograms,thoughthetimingisslightlydifferent
(Figure9).However,bothdatasetsindicateapandemic-relateddropinhiringfollowedbyapandemic-relatedsurgeinhiringthathasrecentlyleveledoff.
Comparedto2019,therearemorefirmshiringspecializedbusinessmaster’sdegreesthanbefore.Thegainsin
hiringseenfollowingthepandemichavenotcontinuedtogrowatthesamerate,buthavebecomemorestableinthepasttwoyears.Asschoolsexpandtheirportfoliosofnon-MBAbusinessmaster’sprograms,itappearsthejobmarkethaswelcomedtheinfluxofspecializedtalent.
followingthepandemicfollowedbyaperiodofstability.
Figure9:Jobpostingsfornon-MBAbusinessmaster’sprogramsincreasedsignificantly
In2023and2022,apluralityofspecializedmaster’sprogramsreportedstableyear-over-yearjobpostings.
OtherBusinessMaster’sJobPostings,2019-2023
Source:CSEARecruitingTrendsSurvey2024
Note:Inallyearsexcept2020,therewerefewerthan30responsesfromotherbusinessmaster’sprograms.
20GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
MBArecruitmenttrends
EmployeruseofvirtualandAI-poweredrecruitmenttacticsisontherisewhilestudentengagementinvirtualcareerfairsiswavering.
Inrecentyears,MBAstudentengagementwithin-personandvirtualresourceshasbecomeacriticalaspectof
recruitmenttrends,reflectingtheevolvinglandscapeofemployerexpectationsandcareerservicesstrategies.AsorganizationsseektoattracttopMBAtalent,theintegrationofdiverseengagementplatformshasemergedasakeydifferentiator.
Employersareincreasinglyleveragingvirtualresourcessuchasonlinecareerfairs,webinars,anddigital
networkingeventstoreachawiderpoolofcandidateswhilemaintainingefficiencyandcost-effectiveness.
Concurrently,careerservicesofficesatbusinessschoolsareenhancingtheirofferingstoincludebothtraditionalin-personcoachingandinnovativevirtualtools,ensuringthatstudentsarewell-preparedforthedynamicjob
market.Thisdualapproachnotonlyaccommodatesvaryingstudentpreferencesbutalsoalignswiththeflexible,hybridworkingenvironmentsthathavegainedprominencepost-pandemic—especiallyintheUnitedStates.
ThesetrendsunderscoretheimportanceofamultifacetedengagementstrategyinsuccessfullybridgingthegapbetweenMBAstudentsandpotentialemployers.10
Someemployershavefoundthatin-personinterviewsbetteralignwiththeircorporatecultureandhiring
practices.Additionally,manycandidates,especiallythosevyingforhigh-stakesMBAroles,prefertheopportunitytovisitthecompanypremises,meetpotentialcolleagues,andgetafirsthandsenseoftheworkingenvironment.11Still,virtualinterviewingtechniquescontinuetoexpand.AsdemonstratedinFigure10,thereisnomeasurabledecreaseintheuseofvirtualinterviewingtechnologyamongtheCSEAsurveyrespondents—justgrowingor
stableusage.
22GraduateManagementAdmissionCouncil(GMAC)|ResearchBrief|September2024|BusinessSchoolHiring,Recruitment,andSkills
technologiesineachofthepastfiveyears.
Figure10:Amajorityofemployersincreasedtheiruseofvirtualinterviewing
Employeruseofthistechnologylargelycontinuestogrow,thoughmaybegrowingataslowerratesinceitspeakduringthepandemic.
EmployerUseofVirtualInterviewingTechnologies,2019-2023
Source:CSEARecruitingTrendsSurvey2024
Note:In2019,therewerefewerthan30responsesaboutemployers.
Thegrowthofvirtualinterviewtechnologieshassignificantlytransformedrecruitmentpracticesinrecentyears.Theseadvancementsoffernumerousbenefits,includingincreasedefficiency,broadercandidatereach,and
enhanceddata-drivendecision-making.Bothcandidatesandemployershaveadjustedtheirexpectationstoalignwiththesenewtools,resultinginamoredynamicandresponsivehiringlandscape.
Forinstance,virtualinterviewsenableemployerstoaccessaglobaltalentpool
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