More than half of MBA students don't intend to return to the same jobs once they complete the studies, According to a survey by the Association of MBAs and Business Graduate Association. The survey aims to understand how students are managing balance between the various commitments amid pandemics. The survey was conducted between March and this year and covers the respondents from all around the world.
While 62% of respondents say that they plan to change their jobs, 29% are planning to move to different companies and different industries with the same job function, while 33% are planning to move to a different companies with same industry but with different job function and only 16% said they would like to remain in the company.
51% responded the main reason for the MBA was to change career while 49% said that they wanted to help differentiate themselves in the job market.
70% responded that they wanted to acquire more skill and knowledge about the business world while 69% said they wanted to expand the areas of expertise. This shows that a large majority of students are clearly out to expand their skills. Students are most likely to pursue topics such as General management and global leadership with finance and strategy related topics close behind.
The survey also found that MBA programs may not have been able to meet the expectations associated with those ambitions, with respondents saying that the interactive and networking opportunities were fewer than expected—possibly due to COVID-19—and that the alumni and job prospects were also below expectations even before the pandemic.