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M.B.A. Job Market Looking Up, Experts Say

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Career counselors and business experts are encouraging M.B.A. holders to be optimistic: the 2010 job market may be better for them than it has been in years.

U.S. News and World Report has more:

The most accurate insights into the current hiring market are likely anecdotal. While the Graduate Management Admission Council's 2010 Global Management Hiring Survey indicates that hiring of full-time M.B.A.s is down 10 percent from last year, GMAC chief executive Dave Wilson notes that the 2009 data was based on hiring decisions made in 2008, before the economy reached bottom. Despite the survey results, he expects 2010 to be better than 2009. Career center officials agree.

Positions are turning up in fields like marketing and supply chain management. Another sign of the business world's thaw: more firms are planning on giving their new employees bonuses. GMAC boss Wilson said that companies are "signaling already that they're ready to hire."

BusinessWeek has more stats:

Full-time job postings are on the upswing, with 60 percent of schools reporting an increase in listings over last year.

Internship recruiting remains the strongest sector of the job market for MBA programs, with 74 percent of schools reporting on-campus opportunities to be flat or up; that's a sharp change from last year when 68 percent of schools reported a drop in on-campus internship recruiting.

Are you in the business world? Do you feel more optimistic about your job prospects? Discuss below.

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