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| Otago Harbour and Peninsula: from Signal Hill |
According
to the survey reported by MBA-Channel.com, there was a 14 per cent increase in MBA job opportunities in
2013. While this is a drop from the 15 per cent growth in 2012, it was still a
very positive outcome.
Asia is the world’s most dynamic MBA
market, with a 20 per cent growth rate that is mostly driven by China and
India. Asia was followed by the Middle East (8 per cent), Latin America (6 per
cent), and Central Europe (6 per cent). The market was much less active in
North America and Europe, with 2 per cent and 1 per cent growth respectively,
but growth across Europe is forecast to accelerate in 2014 as well as in Latin
America that had a sustainable growth rate of 6 per cent in 2013, after a year
of 14 per cent growth in 2012.
The research also showed that a higher
percentage of MBA recruiters are recruiting pan-regionally or globally
nowadays. Gone are the days, where employers only looked locally.
MBA career demand in 2013
The fastest-growing sectors are consulting
(11 per cent), finance (11 per cent), general industry (11 per cent) and
technology (11 per cent). The slowest-growing sectors are media/entertainment,
travel/hospitality, metals/mining and pharmaceuticals/healthcare.
Compensation
According to the survey the top ten
countries in terms of average MBA compensation in 2013 are Australia
(US$133,100), Switzerland (US$129,700), Denmark (US$121,400), UK (US$106,100),
France (US$100,800), US (US$98,300), Brazil (US$97,200), Germany (US$93,700),
Spain (US$92,900) and Canada (US$91,600).
If you're looking to pursue an MBA in an English speaking country on the
doorstep to Asia, I invite you to apply.
David
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