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Turkey’s MBA job market flourishes, creating more space for new graduates

Published: 5 February 2011

In the midst of the global recession in 2009, the outlook for the MBA graduate job market was dismal, to say the least. But while there's still no room for complacency, all signs are pointing to much better prospects for Turkish business school graduates than was expected only a year ago.

A study of management and professional employment conducted by the international recruitment specialist Antal International shows signs of recovery in the wider job market. Its quarterly "Global Snapshot" of hiring trends, based on 9,600 employers across 55 countries, found that hiring levels for MBAs were up from 54 percent in the middle of 2010 to 57 percent by the end of the year, a modest but encouraging rise.

In addition, the most recent Corporate Recruiters Survey, carried out by the Graduate Management Admissions Council (GMAC) and the MBA Career Services Council, found that of almost 2,000 participating companies worldwide, 55 percent were planning to hire MBAs, a 5 percent increase from 2009. The most resilient industries for MBA graduates were healthcare and pharmaceutical, with 80 percent planning to recruit, and consulting, where 73 percent intend to hire MBA graduates...

İlker Çetin, a senior investment officer at the World Bank affiliate International Finance Corporation (IFC) in İstanbul, got his MBA at McGill University's Desautels Faculty of Management in Canada. He also found the practical aspects of the course prepared him well for the workplace. He says that "the course emulated real-life business situations and really fostered an environment of teamwork and collaboration."

Read full article: Today's Zaman, February 5, 2011

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