A new survey has found that the cost of adding a business degree to a resume is worth the investment. According to the survey by the Graduate Management Admission Council (GMAC), the organization that administers the entry test into business schools, 86% of the master of business graduates from 2011 in the U.S. were employed immediately after graduation. Of those that found work, 3 out of 4 said they would not have been able to secure a job without the degree. Dave Wilson, president of GMAC, told the Financial Times that all prospective graduate management students should take a look at their return on investment when considering a concentration. "These results demonstrate that a graduate management degree is, in fact, a solid investment in your future, both in good and bad economic times," Wilson told the news agency. GMAC also found that female graduates of full-time masters of business administration programs received starting salaries equal to 85 percent of their male counterparts, higher than the average of the general U.S. workforce. The Bureau of Labor Statistics reports that job opportunities for business administration services managers are expected to grow by 12% through the end of the decade. |