Tech companies are looking to hire more MBA graduates than ever, and the University of Michigan’s Ross School of Business is ready to handle the increase in demand.
According to one of the latest reports from the Graduate Management Admission Council (GMAC), 89 percent of tech companies are planning to hire MBA graduates in the coming recruiting cycle. That’s eight percentage points higher than all other employers and an even more significant increase than in 2017. That year, just 70 percent of all companies were looking to bring MBA graduates on board.
As for Michigan Ross, the school is more than ready to meet the demand, already proving itself in 2017 when it set an all-time high record for tech recruiting. In fact, last year, Amazon, Google, and Microsoft were all among Ross’ top hiring companies for MBA graduates. Overall, 23.6 percent of the 2017 graduating class went into the tech industry (up from 20.4 percent the previous year).
As for why tech companies are drawn to Michigan Ross, there are many reasons including the variety of career development resources available to students. There are also many networking opportunities as well as preparation experiences, such as the Career Action Days (a three-day intensive prep for full-time MBA students), which help make Michigan Ross MBA graduates attractive to tech companies.
And hiring MBA graduates makes sense for tech companies. According to Priya Priyadarshini, senior human-resources director at Microsoft Corp, MBA talent and excellence go hand in hand. Priyadarshini told Bloomberg, “We hire MBA talent because we know that they have a degree of functional excellence and bring a diverse set of experiences and perspectives. We find MBA students to be data-driven and passionate about technology and what it can do to better the world.”
For Michigan Ross MBA students interested in tech, there are many options to help make their paths smoother. One is the newly introduced Data and Business Analytics concentration, which includes 12 credits of analytics-related courses. Students can also join and take leadership roles in tech-related clubs, work with an employer relations manager focused exclusively on the tech industry, and take part in tech industry career treks to Seattle and San Francisco.
Read more on the Michigan Ross website.