Graduate Management Admission Council (GMAC) has conducted the Graduate Management Education Graduate (GMEG) Survey on management graduate students in their final year of studies, on job search.
According to the GMEG survey, around 87% of Indian Management graduates gets job. Only 13% of Indian Management graduates are not working.
The surveys addresses graduating students' job search efforts, trends in types of industries searched, methods used to obtain job offers for the class of 2013.
"Economic conditions vary around the world, and the employment rates among business school graduates vary as well. The poll itself did not ask alumni about the economy, but some mentioned tight job markets when asked for open-ended comments," said Gregg Schoenfeld, Director, Management Education Research, GMAC.
Two third of Indian students at full time one year (67%) and full time (70%) MBA programmes received job offers prior to graduation, as did 68% of job seeking students at two year PGP programmes.
One year PGP Graduates fared the best (with 83% of job seeking students), securing an offer of employment before graduation.
Around 75% of Indian students attending business schools received job offers prior to graduation.
Male and female graduates with job offers saw equal percentage in prior degree salaries (100%) when job experience prior to enrollment was between 3 to 6 years.
Overall, job seekers in the class of 2013 submitted an average of 7 resumes and got 4 job interviews in return, for 1 job offer.
Two specific job search methods examined were online job search sites and social media.
Compared with the overall total, a higher proportion of citizens of Asia and the Pacific Islands, India, and Latin America owned a business prior to entering business school. Indian (26 years old) and Latin American (32 years old) citizens who owned a business prior to school were younger compared with US citizens (43 years old), on average.
The majority of Indian citizens plan to start their business after graduation, while US citizens were the most likely to begin a business while in school.
Around 3% of Indian graduates self employed, 41% of graduates were owned business before school, 7% graduates began business during the school and 52% of graduates plan to start business after graduation.
Around 37% of Indian graduates gets jobs in Products / service based companies, 15% to Health Care, 15% to Technology industries, 11% to Government / Non profit sectors, 7% for consulting and 7% for Manufacturing sectors.