Salaries for MBAs are hitting all-time highs in industries ranging from consulting to banking, reports the Wall Street Journal. The Graduate Management Admissions Council (GMAC) found in their February 2021 Corporate Recruiters Survey that 96% of technology sector recruiters are seeking to hire MBA graduates. Additionally, several prestigious MBA programs have reported an increase of $5,000 in the median salaries of their MBA graduates, doubling the average for graduates with a bachelor’s degree.

The pandemic propelled society into a tight labor market, supply-chain disruption, and an uncertain future about how our work practices will evolve. The global health crisis caused a halt to business practices, immense layoffs, and hiring measures completely canceled. As the vaccine is being widely administered, this situation has begun its cycle of improvement, and these unforeseen issues in global business practices have only expanded the possible jobs offered to recent MBA graduates. In essence, there are many problems to solve, and businesses are looking for fresh minds able to spearhead these post-pandemic related issues.

The information presented above clearly demonstrates the growing demand for qualified individuals who are able to adapt to situations such as the ones suffered due to the ongoing pandemic. Additionally, data also shows how companies are paying a premium for these individuals. Currently, obtaining an MBA is creating one of the best returns on investments for individuals seeking a graduate degree.

A degree from CIMBA’s MBA program is more than just a diploma. It is an opportunity to grow beyond the bounds of what seems possible. Our full-time program is one year in length, while our part-time program is only two years which allows participants to continue working while furthering their professional and personal growth. Along with learning fundamental business knowledge and processes, our students take part in all-encompassing personal development coaching through our Leadership Institute. CIMBA develops the leader inside all, which is exactly what the future of the ever-evolving workforce is itching for.